Dollar General Corporation (NYSE:DG) EVP Emily C. Taylor Sells 1,969 Shares

Dollar General Corporation (NYSE:DG - Get Free Report) EVP Emily C. Taylor sold 1,969 shares of the firm's stock in a transaction that occurred on Tuesday, June 17th. The shares were sold at an average price of $113.00, for a total transaction of $222,497.00. Following the transaction, the executive vice president now directly owns 46,563 shares of the company's stock, valued at $5,261,619. This represents a 4.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Dollar General Price Performance

DG stock traded down $0.84 during midday trading on Friday, hitting $111.47. The company's stock had a trading volume of 4,972,260 shares, compared to its average volume of 4,100,673. Dollar General Corporation has a 12 month low of $66.43 and a 12 month high of $135.46. The company has a quick ratio of 0.20, a current ratio of 1.23 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $24.53 billion, a price-to-earnings ratio of 21.27, a price-to-earnings-growth ratio of 2.93 and a beta of 0.26. The company has a 50 day moving average of $99.44 and a two-hundred day moving average of $85.04.

Dollar General (NYSE:DG - Get Free Report) last posted its quarterly earnings results on Tuesday, June 3rd. The company reported $1.78 earnings per share for the quarter, topping the consensus estimate of $1.46 by $0.32. Dollar General had a return on equity of 17.93% and a net margin of 2.81%. The business had revenue of $10.44 billion during the quarter, compared to the consensus estimate of $10.25 billion. During the same period in the prior year, the company posted $1.65 EPS. The firm's revenue for the quarter was up 5.3% compared to the same quarter last year. On average, analysts expect that Dollar General Corporation will post 5.75 EPS for the current year.

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 22nd. Stockholders of record on Tuesday, July 8th will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, July 8th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.12%. Dollar General's dividend payout ratio is currently 45.04%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on DG shares. Melius Research raised shares of Dollar General from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 8th. Truist Financial raised their price target on shares of Dollar General from $93.00 to $112.00 and gave the company a "hold" rating in a research report on Wednesday, June 4th. Melius raised shares of Dollar General from a "hold" rating to a "buy" rating and set a $110.00 price target for the company in a research report on Tuesday, April 8th. Raymond James Financial raised their price target on shares of Dollar General from $100.00 to $125.00 and gave the company an "outperform" rating in a research report on Wednesday, June 4th. Finally, Piper Sandler lifted their target price on shares of Dollar General from $79.00 to $81.00 and gave the stock a "neutral" rating in a research report on Friday, March 14th. Fifteen investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $109.04.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Van ECK Associates Corp lifted its position in Dollar General by 8.4% in the fourth quarter. Van ECK Associates Corp now owns 24,229 shares of the company's stock worth $1,837,000 after buying an additional 1,876 shares during the last quarter. Asset Management One Co. Ltd. lifted its position in Dollar General by 0.5% in the fourth quarter. Asset Management One Co. Ltd. now owns 82,302 shares of the company's stock worth $6,246,000 after buying an additional 432 shares during the last quarter. JFS Wealth Advisors LLC lifted its position in Dollar General by 3,727.5% in the fourth quarter. JFS Wealth Advisors LLC now owns 5,282 shares of the company's stock worth $400,000 after buying an additional 5,144 shares during the last quarter. State of New Jersey Common Pension Fund D lifted its position in Dollar General by 1.0% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 82,094 shares of the company's stock worth $6,224,000 after buying an additional 852 shares during the last quarter. Finally, Sanctuary Advisors LLC lifted its position in Dollar General by 5.5% in the fourth quarter. Sanctuary Advisors LLC now owns 18,309 shares of the company's stock worth $1,321,000 after buying an additional 956 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors.

About Dollar General

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.