Dollar General (NYSE:DG) Given New $249.00 Price Target at Deutsche Bank Aktiengesellschaft

Dollar General (NYSE:DG – Get Rating) had its price target upped by stock analysts at Deutsche Bank Aktiengesellschaft from $248.00 to $249.00 in a report released on Friday, The Fly reports. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 19.24% from the company’s previous close.

DG has been the topic of a number of other reports. Morgan Stanley lowered their price target on Dollar General from $255.00 to $235.00 and set an “overweight” rating on the stock in a research note on Friday, February 24th. Barclays began coverage on Dollar General in a research note on Tuesday, February 7th. They issued an “equal weight” rating and a $237.00 price target on the stock. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $242.00 price target on shares of Dollar General in a research note on Friday. JPMorgan Chase & Co. reissued a “focus list” rating and set a $242.00 price objective (down previously from $289.00) on shares of Dollar General in a research note on Thursday, January 19th. Finally, BMO Capital Markets lowered their price objective on Dollar General from $265.00 to $255.00 in a research note on Friday, December 2nd. Seven investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $250.50.

Dollar General Stock Down 1.5 %

Shares of DG opened at $208.83 on Friday. The company has a current ratio of 1.23, a quick ratio of 0.13 and a debt-to-equity ratio of 0.98. Dollar General has a 12 month low of $183.25 and a 12 month high of $262.20. The stock’s 50 day moving average is $226.41 and its two-hundred day moving average is $239.17. The firm has a market cap of $46.69 billion, a P/E ratio of 20.29, a PEG ratio of 1.76 and a beta of 0.34.

Dollar General (NYSE:DG – Get Rating) last issued its quarterly earnings data on Thursday, March 16th. The company reported $2.96 EPS for the quarter, beating the consensus estimate of $2.94 by $0.02. The company had revenue of $10.20 billion for the quarter, compared to analyst estimates of $10.24 billion. Dollar General had a return on equity of 38.43% and a net margin of 6.49%. Dollar General’s quarterly revenue was up 17.9% compared to the same quarter last year. During the same period last year, the company earned $2.57 earnings per share. Analysts predict that Dollar General will post 11.24 earnings per share for the current fiscal year.

Insider Buying and Selling at Dollar General

In other Dollar General news, Director Warren F. Bryant sold 1,951 shares of Dollar General stock in a transaction on Wednesday, January 4th. The stock was sold at an average price of $243.93, for a total value of $475,907.43. Following the sale, the director now owns 38,269 shares in the company, valued at $9,334,957.17. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.73% of the company’s stock.

Institutional Investors Weigh In On Dollar General

Institutional investors and hedge funds have recently modified their holdings of the company. Concord Wealth Partners purchased a new stake in shares of Dollar General in the 4th quarter valued at $25,000. First Manhattan Co. raised its holdings in shares of Dollar General by 447.4% in the 4th quarter. First Manhattan Co. now owns 104 shares of the company’s stock valued at $26,000 after buying an additional 85 shares during the period. Financial Freedom LLC purchased a new stake in shares of Dollar General in the 4th quarter valued at $26,000. Capital Directions Investment Advisors LLC purchased a new stake in shares of Dollar General in the 4th quarter valued at $27,000. Finally, Accurate Wealth Management LLC purchased a new stake in shares of Dollar General in the 4th quarter valued at $27,000. Hedge funds and other institutional investors own 90.73% of the company’s stock.

About Dollar General

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Dollar General Corp. engages in the operation of merchandise stores. Its offerings include food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, and seasonal items. It sells brands including Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills, and PepsiCo The company was founded by J.