Dollar Tree, Inc. (NASDAQ:DLTR) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lessened its position in shares of Dollar Tree, Inc. (NASDAQ:DLTRFree Report) by 6.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 39,775 shares of the company’s stock after selling 2,868 shares during the period. Nisa Investment Advisors LLC’s holdings in Dollar Tree were worth $2,981,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Versant Capital Management Inc purchased a new position in Dollar Tree during the 4th quarter valued at about $30,000. MassMutual Private Wealth & Trust FSB increased its stake in shares of Dollar Tree by 91.3% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 440 shares of the company’s stock worth $33,000 after purchasing an additional 210 shares in the last quarter. Eastern Bank acquired a new position in shares of Dollar Tree during the 3rd quarter worth approximately $34,000. First Horizon Advisors Inc. lifted its stake in Dollar Tree by 105.6% in the 3rd quarter. First Horizon Advisors Inc. now owns 553 shares of the company’s stock valued at $39,000 after buying an additional 284 shares in the last quarter. Finally, Sunbelt Securities Inc. lifted its stake in Dollar Tree by 738.7% in the 3rd quarter. Sunbelt Securities Inc. now owns 629 shares of the company’s stock valued at $44,000 after buying an additional 554 shares in the last quarter. 97.40% of the stock is currently owned by hedge funds and other institutional investors.

Dollar Tree Trading Up 1.9 %

Shares of DLTR stock opened at $72.48 on Friday. The company has a quick ratio of 0.17, a current ratio of 1.03 and a debt-to-equity ratio of 0.32. Dollar Tree, Inc. has a fifty-two week low of $60.49 and a fifty-two week high of $151.21. The firm’s 50 day moving average price is $71.67 and its two-hundred day moving average price is $78.01. The stock has a market cap of $15.58 billion, a price-to-earnings ratio of -15.19, a price-to-earnings-growth ratio of 2.29 and a beta of 0.90.

Dollar Tree (NASDAQ:DLTRGet Free Report) last posted its earnings results on Wednesday, December 4th. The company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.05. Dollar Tree had a negative net margin of 3.34% and a positive return on equity of 16.89%. The business had revenue of $7.57 billion for the quarter, compared to analyst estimates of $7.45 billion. During the same quarter in the previous year, the business posted $0.97 EPS. The business’s quarterly revenue was up 3.5% on a year-over-year basis. On average, analysts anticipate that Dollar Tree, Inc. will post 5.39 EPS for the current year.

Wall Street Analysts Forecast Growth

DLTR has been the subject of a number of analyst reports. Guggenheim cut their price target on Dollar Tree from $120.00 to $100.00 and set a “buy” rating for the company in a report on Friday, December 6th. KeyCorp downgraded shares of Dollar Tree from an “overweight” rating to a “sector weight” rating in a research note on Thursday, November 7th. StockNews.com raised shares of Dollar Tree from a “sell” rating to a “hold” rating in a research note on Thursday, December 5th. Loop Capital boosted their price objective on shares of Dollar Tree from $65.00 to $75.00 and gave the company a “hold” rating in a research report on Thursday, December 5th. Finally, BMO Capital Markets raised their target price on shares of Dollar Tree from $65.00 to $70.00 and gave the stock a “market perform” rating in a research report on Thursday, December 5th. Seventeen equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $85.58.

Get Our Latest Research Report on Dollar Tree

Dollar Tree Company Profile

(Free Report)

Dollar Tree, Inc operates retail discount stores. The company operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $ 1.25. It provides consumable merchandise, which includes everyday consumables, such as household paper and chemicals, food, candy, health, personal care products, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, arts and crafts supplies, and other items; and seasonal goods that include Christmas, Easter, Halloween, and Valentine's Day merchandise.

See Also

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Institutional Ownership by Quarter for Dollar Tree (NASDAQ:DLTR)

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