Dollarama Inc. (TSE:DOL) Director Paul Roche Sells 5,541 Shares of Stock

Dollarama Inc. (TSE:DOL) Director Paul Roche sold 5,541 shares of the business’s stock in a transaction that occurred on Tuesday, April 16th. The shares were sold at an average price of C$111.23, for a total value of C$616,316.56.

Paul Roche also recently made the following trade(s):

• On Tuesday, April 9th, Paul Roche sold 707 shares of Dollarama stock. The shares were sold at an average price of C$111.88, for a total value of C$79,100.01.

Dollarama Stock Performance

TSE DOL opened at C$112.80 on Friday. The stock has a market cap of C$31.72 billion, a PE ratio of 33.98, a P/E/G ratio of 1.93 and a beta of 0.57. The company has a current ratio of 1.51, a quick ratio of 0.08 and a debt-to-equity ratio of 1,477.71. Dollarama Inc. has a twelve month low of C$80.81 and a twelve month high of C$114.81. The stock has a fifty day simple moving average of C$105.75 and a 200-day simple moving average of C$100.01.

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 paid a dividend of $0.092 per share. This is a positive change from Dollarama’s previous quarterly dividend of $0.07. The ex-dividend date is Thursday, April 18th. This represents a $0.37 annualized dividend and a yield of 0.33%. Dollarama’s dividend payout ratio is presently 8.43%.

Analyst Ratings Changes

DOL has been the subject of a number of analyst reports. National Bank Financial raised Dollarama from a “sector perform market weight” rating to an “outperform market weight” rating in a report on Wednesday, March 13th. Scotiabank upped their target price on Dollarama from C$107.00 to C$113.00 in a research note on Friday, April 5th. BMO Capital Markets upped their target price on Dollarama from C$105.00 to C$124.00 in a research note on Friday, April 5th. TD Securities upped their target price on Dollarama from C$106.00 to C$113.00 and gave the stock a “hold” rating in a research note on Friday, April 5th. Finally, Canaccord Genuity Group upped their target price on Dollarama from C$98.00 to C$100.00 in a research note on Monday, April 1st. Six analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price 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.