Kera Capital Partners Inc. Has $417,000 Stock Position in Dollar Tree, Inc. $DLTR

Kera Capital Partners Inc. grew its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 25.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,210 shares of the company’s stock after acquiring an additional 858 shares during the quarter. Kera Capital Partners Inc.’s holdings in Dollar Tree were worth $417,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Voya Investment Management LLC boosted its position in Dollar Tree by 0.5% during the 1st quarter. Voya Investment Management LLC now owns 59,365 shares of the company’s stock worth $4,457,000 after acquiring an additional 274 shares during the last quarter. eCIO Inc. acquired a new position in Dollar Tree during the 1st quarter worth approximately $73,000. Acadian Asset Management LLC acquired a new position in Dollar Tree during the 1st quarter worth approximately $4,631,000. Intech Investment Management LLC boosted its position in Dollar Tree by 1.9% during the 1st quarter. Intech Investment Management LLC now owns 31,978 shares of the company’s stock worth $2,401,000 after acquiring an additional 585 shares during the last quarter. Finally, Focus Partners Wealth boosted its position in Dollar Tree by 2.0% during the 1st quarter. Focus Partners Wealth now owns 10,646 shares of the company’s stock worth $799,000 after acquiring an additional 213 shares during the last quarter. Institutional investors and hedge funds own 97.40% of the company’s stock.

Insiders Place Their Bets

In related news, Director Stephanie Stahl sold 1,185 shares of the stock in a transaction on Friday, September 5th. The stock was sold at an average price of $100.32, for a total value of $118,879.20. Following the sale, the director owned 4,089 shares in the company, valued at approximately $410,208.48. This represents a 22.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 6.60% of the company’s stock.

Dollar Tree Stock Down 2.0%

DLTR opened at $97.45 on Friday. Dollar Tree, Inc. has a 1-year low of $60.49 and a 1-year high of $118.06. The stock’s fifty day simple moving average is $110.10 and its 200 day simple moving average is $91.85. The company has a current ratio of 1.04, a quick ratio of 0.27 and a debt-to-equity ratio of 0.67. The stock has a market cap of $19.88 billion, a PE ratio of -7.18, a price-to-earnings-growth ratio of 1.81 and a beta of 0.89.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings results on Wednesday, September 3rd. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.39. Dollar Tree had a positive return on equity of 23.52% and a negative net margin of 13.46%.The business had revenue of $4.57 billion for the quarter, compared to analysts’ expectations of $4.46 billion. During the same quarter in the prior year, the business earned $0.67 EPS. The firm’s revenue for the quarter was up 12.3% on a year-over-year basis. Dollar Tree has set its FY 2025 guidance at 5.320-5.720 EPS. As a group, research analysts expect that Dollar Tree, Inc. will post 5.39 earnings per share for the current year.

Dollar Tree announced that its board has authorized a share repurchase plan on Wednesday, July 9th that allows the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization allows the company to buy up to 11.5% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Wells Fargo & Company reaffirmed an “overweight” rating on shares of Dollar Tree in a research report on Wednesday, September 3rd. Telsey Advisory Group reissued an “outperform” rating and issued a $130.00 price objective on shares of Dollar Tree in a report on Thursday, September 4th. UBS Group reissued a “buy” rating and issued a $140.00 price objective on shares of Dollar Tree in a report on Tuesday, August 26th. Barclays raised Dollar Tree from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $95.00 to $138.00 in a report on Monday, July 21st. Finally, BNP Paribas downgraded Dollar Tree from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 4th. Eight analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, Dollar Tree currently has a consensus rating of “Hold” and an average price target of $109.28.

Dollar Tree Company Profile

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.