Dollar General Corp. (NYSE:DG) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 4,180,000 shares, an increase of 10.9% from the January 15th total of 3,770,000 shares. Currently, 1.7% of the company’s stock are sold short. Based on an average daily trading volume, of 1,920,000 shares, the days-to-cover ratio is presently 2.2 days.

NYSE DG traded down $1.82 during mid-day trading on Friday, reaching $158.03. 1,434,040 shares of the company’s stock traded hands, compared to its average volume of 1,646,294. Dollar General has a 1-year low of $108.74 and a 1-year high of $166.98. The company has a fifty day simple moving average of $155.61 and a 200-day simple moving average of $154.16. The company has a current ratio of 1.12, a quick ratio of 0.13 and a debt-to-equity ratio of 1.57. The company has a market cap of $39.61 billion, a price-to-earnings ratio of 24.73, a P/E/G ratio of 1.78 and a beta of 0.48.

Dollar General (NYSE:DG) last issued its quarterly earnings data on Thursday, December 5th. The company reported $1.42 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.04. Dollar General had a return on equity of 25.53% and a net margin of 6.09%. The firm had revenue of $6.99 billion during the quarter, compared to analyst estimates of $6.89 billion. During the same quarter last year, the firm earned $1.26 EPS. Dollar General’s quarterly revenue was up 8.9% on a year-over-year basis. Equities research analysts forecast that Dollar General will post 6.65 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 21st. Shareholders of record on Tuesday, January 7th were issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date of this dividend was Monday, January 6th. Dollar General’s dividend payout ratio is presently 21.44%.

A number of equities research analysts have recently issued reports on DG shares. Wells Fargo & Co reiterated a “hold” rating on shares of Dollar General in a research note on Monday, December 9th. Guggenheim reiterated a “buy” rating and issued a $165.00 target price on shares of Dollar General in a research note on Monday, December 2nd. Telsey Advisory Group increased their target price on Dollar General from $168.00 to $170.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. Morgan Stanley increased their target price on Dollar General from $170.00 to $174.00 and gave the company an “overweight” rating in a research note on Friday, December 6th. Finally, Zacks Investment Research lowered Dollar General from a “buy” rating to a “hold” rating and set a $164.00 target price for the company. in a research note on Friday, December 6th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and eighteen have issued a buy rating to the stock. Dollar General has a consensus rating of “Buy” and an average price target of $162.95.

Large investors have recently added to or reduced their stakes in the business. Hudock Capital Group LLC bought a new position in Dollar General during the 3rd quarter worth approximately $28,000. CFM Wealth Partners LLC bought a new position in Dollar General during the 4th quarter worth approximately $29,000. Busey Wealth Management bought a new position in Dollar General during the 4th quarter worth approximately $34,000. San Francisco Sentry Investment Group CA lifted its holdings in Dollar General by 41.4% during the 3rd quarter. San Francisco Sentry Investment Group CA now owns 222 shares of the company’s stock worth $35,000 after buying an additional 65 shares during the last quarter. Finally, Coastal Investment Advisors Inc. lifted its holdings in Dollar General by 244.7% during the 4th quarter. Coastal Investment Advisors Inc. now owns 262 shares of the company’s stock worth $42,000 after buying an additional 186 shares during the last quarter. 92.15% of the stock is currently owned by institutional investors.

Dollar General Company Profile

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

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