Toronto Dominion Bank Boosts Stake in Dollar General Corporation (DG)

Toronto Dominion Bank raised its stake in Dollar General Corporation (NYSE:DG) by 22.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 93,967 shares of the company’s stock after acquiring an additional 17,005 shares during the quarter. Toronto Dominion Bank’s holdings in Dollar General Corporation were worth $6,774,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Veritable L.P. lifted its holdings in shares of Dollar General Corporation by 0.7% in the second quarter. Veritable L.P. now owns 4,803 shares of the company’s stock worth $346,000 after acquiring an additional 35 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Dollar General Corporation by 2.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,034 shares of the company’s stock valued at $146,000 after buying an additional 48 shares during the last quarter. Gateway Investment Advisers LLC raised its holdings in Dollar General Corporation by 0.3% in the 2nd quarter. Gateway Investment Advisers LLC now owns 15,636 shares of the company’s stock valued at $1,127,000 after buying an additional 53 shares during the last quarter. Alpha Windward LLC raised its holdings in Dollar General Corporation by 3.0% in the 2nd quarter. Alpha Windward LLC now owns 1,900 shares of the company’s stock valued at $137,000 after buying an additional 56 shares during the last quarter. Finally, Huntington National Bank raised its holdings in Dollar General Corporation by 4.0% in the 2nd quarter. Huntington National Bank now owns 1,965 shares of the company’s stock valued at $142,000 after buying an additional 75 shares during the last quarter. 90.49% of the stock is owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION NOTICE: “Toronto Dominion Bank Boosts Stake in Dollar General Corporation (DG)” was first posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this story on another site, it was copied illegally and reposted in violation of international copyright and trademark laws. The correct version of this story can be viewed at https://ledgergazette.com/2017/10/19/toronto-dominion-bank-boosts-stake-in-dollar-general-corporation-dg.html.

Dollar General Corporation (NYSE:DG) traded up 0.01% during mid-day trading on Thursday, reaching $82.81. 195,120 shares of the company’s stock were exchanged. The stock has a market cap of $22.63 billion, a price-to-earnings ratio of 18.76 and a beta of 0.96. Dollar General Corporation has a one year low of $65.97 and a one year high of $83.22. The stock has a 50-day moving average of $78.74 and a 200-day moving average of $74.24.

Dollar General Corporation (NYSE:DG) last announced its earnings results on Thursday, August 31st. The company reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.01. The company had revenue of $5.83 billion during the quarter, compared to the consensus estimate of $5.80 billion. Dollar General Corporation had a return on equity of 22.67% and a net margin of 5.38%. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.08 earnings per share. On average, equities research analysts anticipate that Dollar General Corporation will post $4.51 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 24th. Investors of record on Tuesday, October 10th will be issued a dividend of $0.26 per share. The ex-dividend date is Friday, October 6th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.26%. Dollar General Corporation’s dividend payout ratio is presently 23.48%.

A number of brokerages recently issued reports on DG. BMO Capital Markets reiterated a “hold” rating on shares of Dollar General Corporation in a report on Wednesday, September 27th. Royal Bank Of Canada reiterated a “buy” rating and issued a $85.00 price objective on shares of Dollar General Corporation in a report on Tuesday, October 10th. Piper Jaffray Companies reiterated a “buy” rating and issued a $85.00 price objective on shares of Dollar General Corporation in a report on Friday, September 29th. Buckingham Research reiterated a “neutral” rating and issued a $75.00 price objective on shares of Dollar General Corporation in a report on Monday, August 7th. Finally, Loop Capital reiterated a “hold” rating and issued a $76.00 price objective on shares of Dollar General Corporation in a report on Thursday, August 24th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $80.79.

In related news, EVP Robert D. Ravener sold 11,257 shares of the company’s stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $77.00, for a total transaction of $866,789.00. Following the completion of the transaction, the executive vice president now owns 22,598 shares in the company, valued at $1,740,046. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.22% of the stock is owned by c

Several other hedge funds also recently bought and sold shares of the company. Veritable L.P. lifted its holdings in shares of Dollar General Corporation by 0.7% in the second quarter. Veritable L.P. now owns 4,803 shares of the company’s stock worth $346,000 after acquiring an additional 35 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Dollar General Corporation by 2.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,034 shares of the company’s stock valued at $146,000 after buying an additional 48 shares during the last quarter. Gateway Investment Advisers LLC raised its holdings in Dollar General Corporation by 0.3% in the 2nd quarter. Gateway Investment Advisers LLC now owns 15,636 shares of the company’s stock valued at $1,127,000 after buying an additional 53 shares during the last quarter. Alpha Windward LLC raised its holdings in Dollar General Corporation by 3.0% in the 2nd quarter. Alpha Windward LLC now owns 1,900 shares of the company’s stock valued at $137,000 after buying an additional 56 shares during the last quarter. Finally, Huntington National Bank raised its holdings in Dollar General Corporation by 4.0% in the 2nd quarter. Huntington National Bank now owns 1,965 shares of the company’s stock valued at $142,000 after buying an additional 75 shares during the last quarter. 90.49% of the stock is owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION NOTICE: “Toronto Dominion Bank Boosts Stake in Dollar General Corporation (DG)” was first posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this story on another site, it was copied illegally and reposted in violation of international copyright and trademark laws. The correct version of this story can be viewed at https://ledgergazette.com/2017/10/19/toronto-dominion-bank-boosts-stake-in-dollar-general-corporation-dg.html.

Dollar General Corporation (NYSE:DG) traded up 0.01% during mid-day trading on Thursday, reaching $82.81. 195,120 shares of the company’s stock were exchanged. The stock has a market cap of $22.63 billion, a price-to-earnings ratio of 18.76 and a beta of 0.96. Dollar General Corporation has a one year low of $65.97 and a one year high of $83.22. The stock has a 50-day moving average of $78.74 and a 200-day moving average of $74.24.

Dollar General Corporation (NYSE:DG) last announced its earnings results on Thursday, August 31st. The company reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.01. The company had revenue of $5.83 billion during the quarter, compared to the consensus estimate of $5.80 billion. Dollar General Corporation had a return on equity of 22.67% and a net margin of 5.38%. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.08 earnings per share. On average, equities research analysts anticipate that Dollar General Corporation will post $4.51 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 24th. Investors of record on Tuesday, October 10th will be issued a dividend of $0.26 per share. The ex-dividend date is Friday, October 6th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.26%. Dollar General Corporation’s dividend payout ratio is presently 23.48%.

A number of brokerages recently issued reports on DG. BMO Capital Markets reiterated a “hold” rating on shares of Dollar General Corporation in a report on Wednesday, September 27th. Royal Bank Of Canada reiterated a “buy” rating and issued a $85.00 price objective on shares of Dollar General Corporation in a report on Tuesday, October 10th. Piper Jaffray Companies reiterated a “buy” rating and issued a $85.00 price objective on shares of Dollar General Corporation in a report on Friday, September 29th. Buckingham Research reiterated a “neutral” rating and issued a $75.00 price objective on shares of Dollar General Corporation in a report on Monday, August 7th. Finally, Loop Capital reiterated a “hold” rating and issued a $76.00 price objective on shares of Dollar General Corporation in a report on Thursday, August 24th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $80.79.

In related news, EVP Robert D. Ravener sold 11,257 shares of the company’s stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $77.00, for a total transaction of $866,789.00. Following the completion of the transaction, the executive vice president now owns 22,598 shares in the company, valued at $1,740,046. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.22% of the stock is owned by corporate insiders.

Dollar General Corporation 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.

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Institutional Ownership by Quarter for Dollar General Corporation (NYSE:DG)

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