Insider Selling: Dollarama Inc. (TSE:DOL) Director Sells 4,131 Shares of Stock

Dollarama Inc. (TSE:DOL - Get Free Report) Director Nicolas Hien sold 4,131 shares of the firm's stock in a transaction on Friday, June 13th. The shares were sold at an average price of C$192.31, for a total transaction of C$794,433.02.

Dollarama Price Performance

DOL stock traded down C$1.60 during trading on Monday, hitting C$192.14. 457,438 shares of the stock traded hands, compared to its average volume of 719,582. Dollarama Inc. has a one year low of C$121.35 and a one year high of C$196.46. The stock has a market cap of C$53.10 billion, a price-to-earnings ratio of 48.94, a P/E/G ratio of 1.93 and a beta of 0.56. The company has a 50 day simple moving average of C$171.95 and a 200 day simple moving average of C$153.70. The company has a current ratio of 1.43, a quick ratio of 0.08 and a debt-to-equity ratio of 369.36.

Dollarama Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 9th. Shareholders of record on Friday, May 9th were paid a $0.1058 dividend. The ex-dividend date was Thursday, April 17th. This is an increase from Dollarama's previous quarterly dividend of $0.09. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.22%. Dollarama's payout ratio is currently 9.42%.

Analyst Ratings Changes

DOL has been the topic of several research analyst reports. TD Securities raised their price target on shares of Dollarama from C$185.00 to C$210.00 and gave the stock a "buy" rating in a research report on Thursday. National Bank Financial upgraded shares of Dollarama from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 27th. Desjardins raised their price target on shares of Dollarama from C$165.00 to C$185.00 and gave the stock a "buy" rating in a research report on Tuesday, June 10th. BMO Capital Markets raised their price target on shares of Dollarama from C$170.00 to C$215.00 in a research report on Thursday. Finally, Jefferies Financial Group raised their price target on shares of Dollarama from C$180.00 to C$223.00 in a research report on Thursday. Four analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of C$186.36.

About Dollarama

Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items, with merchandise at low fixed price points. General merchandise and consumer products jointly account for the majority of the company's product offerings.