Dollar General (NYSE:DG) was upgraded by stock analysts at ValuEngine from a “hold” rating to a “buy” rating in a report released on Thursday.

DG has been the topic of several other research reports. Zacks Investment Research downgraded Dollar General from a “buy” rating to a “hold” rating in a research report on Monday, December 11th. Raymond James Financial reiterated a “buy” rating and set a $107.00 price objective on shares of Dollar General in a research report on Sunday, December 3rd. Citigroup started coverage on Dollar General in a research report on Tuesday, January 16th. They set an “outperform” rating and a $112.00 price objective on the stock. BMO Capital Markets set a $102.00 price objective on Dollar General and gave the stock a “hold” rating in a research report on Friday, December 8th. Finally, KeyCorp reiterated a “hold” rating on shares of Dollar General in a research report on Friday, November 10th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $91.98.

Dollar General (NYSE DG) opened at $98.26 on Thursday. The firm has a market capitalization of $25,825.70, a P/E ratio of 20.67, a PEG ratio of 1.58 and a beta of 1.00. Dollar General has a 1 year low of $65.97 and a 1 year high of $105.82. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.41 and a quick ratio of 0.19.

Dollar General (NYSE:DG) last released its earnings results on Thursday, December 7th. The company reported $0.93 earnings per share for the quarter, missing the consensus estimate of $0.94 by ($0.01). The firm had revenue of $5.90 billion during the quarter, compared to analysts’ expectations of $5.80 billion. Dollar General had a net margin of 5.31% and a return on equity of 22.58%. The business’s revenue was up 11.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.89 EPS. sell-side analysts expect that Dollar General will post 4.5 EPS for the current year.

In related news, EVP Robert D. Ravener sold 11,368 shares of the business’s stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $92.81, for a total transaction of $1,055,064.08. Following the completion of the transaction, the executive vice president now directly owns 22,598 shares of the company’s stock, valued at approximately $2,097,320.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Anita C. Elliott sold 2,012 shares of the business’s stock in a transaction on Monday, December 18th. The stock was sold at an average price of $92.82, for a total value of $186,753.84. Following the transaction, the senior vice president now directly owns 14,969 shares of the company’s stock, valued at $1,389,422.58. The disclosure for this sale can be found here. Insiders sold 20,916 shares of company stock valued at $1,924,881 over the last ninety days. Insiders own 0.22% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DG. Barrow Hanley Mewhinney & Strauss LLC grew its stake in Dollar General by 168.0% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 16,218,589 shares of the company’s stock worth $1,314,516,000 after purchasing an additional 10,167,321 shares in the last quarter. Longview Partners Guernsey LTD grew its stake in Dollar General by 41.3% during the 3rd quarter. Longview Partners Guernsey LTD now owns 11,321,660 shares of the company’s stock worth $917,621,000 after purchasing an additional 3,310,168 shares in the last quarter. Capital International Investors grew its stake in Dollar General by 14.0% during the 3rd quarter. Capital International Investors now owns 6,428,000 shares of the company’s stock worth $520,989,000 after purchasing an additional 791,600 shares in the last quarter. Sterling Capital Management LLC grew its stake in Dollar General by 5,174.1% during the 2nd quarter. Sterling Capital Management LLC now owns 760,895 shares of the company’s stock worth $54,853,000 after purchasing an additional 746,468 shares in the last quarter. Finally, Jackson Square Partners LLC grew its stake in Dollar General by 12.3% during the 3rd quarter. Jackson Square Partners LLC now owns 3,785,080 shares of the company’s stock worth $306,780,000 after purchasing an additional 415,584 shares in the last quarter. 90.29% of the stock is owned by hedge funds and other institutional investors.

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Dollar General Company Profile

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Dollar General (NYSE:DG)

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