Dollar General Corp. (NYSE:DG) shares reached a new 52-week high on Friday . The company traded as high as $94.93 and last traded at $94.90, with a volume of 647,986 shares changing hands. The stock had previously closed at $94.04.

A number of research analysts recently weighed in on DG shares. Zacks Investment Research lowered shares of Dollar General Corp. from a “buy” rating to a “hold” rating in a research report on Tuesday, April 19th. Goldman Sachs Group Inc. lifted their price objective on shares of Dollar General Corp. from $91.00 to $92.00 and gave the stock a “buy” rating in a research report on Monday, March 28th. Macquarie lifted their price objective on shares of Dollar General Corp. from $82.00 to $98.00 and gave the stock an “outperform” rating in a research report on Monday, April 4th. MKM Partners lifted their price objective on shares of Dollar General Corp. from $90.00 to $91.00 and gave the stock a “buy” rating in a research report on Monday, March 28th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and issued a $95.00 price objective (up previously from $84.00) on shares of Dollar General Corp. in a research report on Thursday, March 31st. Two analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $95.62.

The firm has a market capitalization of $27.00 billion and a PE ratio of 22.96. The firm has a 50 day moving average price of $92.43 and a 200 day moving average price of $82.49.

Dollar General Corp. (NYSE:DG) last released its quarterly earnings results on Thursday, May 26th. The company reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.08. During the same quarter in the prior year, the company posted $0.84 earnings per share. The business had revenue of $5.27 billion for the quarter, compared to analysts’ expectations of $5.28 billion. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. Equities research analysts predict that Dollar General Corp. will post $4.64 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 29th. Stockholders of record on Wednesday, June 15th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend was Monday, June 13th.

In other news, CAO Anita C. Elliott sold 2,947 shares of the stock in a transaction on Friday, June 3rd. The stock was sold at an average price of $91.11, for a total transaction of $268,501.17. Following the completion of the transaction, the chief accounting officer now directly owns 15,572 shares in the company, valued at approximately $1,418,764.92. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

A number of institutional investors have recently bought and sold shares of DG. Tredje AP fonden raised its position in Dollar General Corp. by 2.2% in the fourth quarter. Tredje AP fonden now owns 19,187 shares of the company’s stock valued at $1,383,000 after buying an additional 407 shares during the last quarter. Advantus Capital Management Inc raised its position in Dollar General Corp. by 1.7% in the fourth quarter. Advantus Capital Management Inc now owns 28,053 shares of the company’s stock valued at $2,016,000 after buying an additional 462 shares during the last quarter. TrimTabs Asset Management LLC raised its position in Dollar General Corp. by 1.9% in the fourth quarter. TrimTabs Asset Management LLC now owns 28,879 shares of the company’s stock valued at $2,076,000 after buying an additional 537 shares during the last quarter. Andra AP fonden raised its position in Dollar General Corp. by 0.4% in the fourth quarter. Andra AP fonden now owns 134,600 shares of the company’s stock valued at $9,674,000 after buying an additional 600 shares during the last quarter. Finally, US Bancorp DE raised its position in Dollar General Corp. by 3.3% in the fourth quarter. US Bancorp DE now owns 30,090 shares of the company’s stock valued at $2,163,000 after buying an additional 967 shares during the last quarter.

Dollar General Corporation is a discount retailer. The Company offers a selection of merchandise, including consumables, seasonal, home products and apparel. The Company’s consumables category includes paper and cleaning products (such as paper towels, bath tissue, and other home cleaning supplies); packaged food (such as cereals, spices, sugar and flour); perishables (such as milk, beer and wine); snacks (such as candy, cookies, and carbonated beverages); health and beauty (such as over-the-counter medicines and personal care products); pet (pet supplies and pet food), and tobacco products.

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