Dollarama Inc. (TSE:DOL) Director John Assaly Sells 1,339 Shares of Stock

Dollarama Inc. (TSE:DOL) Director John Assaly sold 1,339 shares of the company’s stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of C$114.55, for a total value of C$153,378.30.

John Assaly also recently made the following trade(s):

• On Thursday, April 18th, John Assaly sold 1,336 shares of Dollarama stock. The shares were sold at an average price of C$112.36, for a total value of C$150,106.41.

Dollarama Stock Down 1.2 %

Shares of TSE DOL opened at C$115.62 on Friday. The stock has a market cap of C$32.52 billion, a PE ratio of 34.83, a price-to-earnings-growth ratio of 1.93 and a beta of 0.57. The company has a quick ratio of 0.08, a current ratio of 1.51 and a debt-to-equity ratio of 1,477.71. Dollarama Inc. has a 52-week low of C$80.81 and a 52-week high of C$117.18. The business has a 50-day moving average price of C$106.82 and a 200 day moving average price of C$100.60.

Dollarama Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 3rd. Investors of record on Friday, April 19th will be given a $0.092 dividend. The ex-dividend date is Thursday, April 18th. This is a boost from Dollarama’s previous quarterly dividend of $0.07. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.32%. Dollarama’s dividend payout ratio is 8.43%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on DOL. Royal Bank of Canada boosted their price objective on Dollarama from C$118.00 to C$125.00 in a report on Friday, April 5th. National Bank Financial upgraded Dollarama from a “sector perform market weight” rating to an “outperform market weight” rating in a report on Wednesday, March 13th. Wells Fargo & Company cut their price target on Dollarama from C$110.00 to C$105.00 in a report on Thursday, January 4th. CIBC upped their price target on Dollarama from C$99.00 to C$115.00 in a report on Friday, April 5th. Finally, Scotiabank upped their price target on Dollarama from C$107.00 to C$113.00 in a report on Friday, April 5th. Six equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Dollarama presently has an average rating of “Hold” and an average price target of C$109.36.

About Dollarama

Dollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.