Dollar Tree, Inc. (NASDAQ:DLTR) Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA reduced its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 3.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 60,636 shares of the company’s stock after selling 2,071 shares during the period. Leeward Investments LLC MA’s holdings in Dollar Tree were worth $4,544,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Creative Planning increased its position in Dollar Tree by 8.6% during the third quarter. Creative Planning now owns 24,673 shares of the company’s stock worth $1,646,000 after purchasing an additional 1,959 shares during the last quarter. Blue Trust Inc. grew its stake in shares of Dollar Tree by 124.4% in the 3rd quarter. Blue Trust Inc. now owns 967 shares of the company’s stock valued at $68,000 after buying an additional 536 shares during the period. Signaturefd LLC raised its position in shares of Dollar Tree by 11.2% during the 3rd quarter. Signaturefd LLC now owns 3,343 shares of the company’s stock valued at $235,000 after buying an additional 337 shares during the period. Eastern Bank purchased a new stake in shares of Dollar Tree during the 3rd quarter valued at approximately $34,000. Finally, International Assets Investment Management LLC acquired a new position in Dollar Tree in the third quarter valued at approximately $2,992,000. 97.40% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DLTR has been the topic of a number of research analyst reports. Citigroup lifted their target price on Dollar Tree from $64.00 to $76.00 and gave the company a “neutral” rating in a research report on Thursday, December 5th. BMO Capital Markets boosted their price objective on shares of Dollar Tree from $65.00 to $70.00 and gave the company a “market perform” rating in a report on Thursday, December 5th. Jefferies Financial Group upped their target price on shares of Dollar Tree from $70.00 to $75.00 and gave the company a “hold” rating in a research report on Wednesday, December 4th. Evercore ISI dropped their price target on shares of Dollar Tree from $94.00 to $92.00 and set an “in-line” rating for the company in a research report on Tuesday, December 3rd. Finally, JPMorgan Chase & Co. upped their price objective on shares of Dollar Tree from $70.00 to $82.00 and gave the stock a “neutral” rating in a report on Tuesday, November 5th. Seventeen equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $85.58.

Dollar Tree Stock Performance

Shares of DLTR opened at $74.96 on Monday. Dollar Tree, Inc. has a 1 year low of $60.49 and a 1 year high of $151.21. The stock has a market capitalization of $16.12 billion, a PE ratio of -15.71, a PEG ratio of 2.16 and a beta of 0.89. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.17 and a current ratio of 1.03. The stock has a 50-day simple moving average of $73.14 and a 200-day simple moving average of $73.48.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings results on Wednesday, December 4th. The company reported $1.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $7.57 billion during the quarter, compared to the consensus estimate of $7.45 billion. During the same quarter in the previous year, the firm earned $0.97 earnings per share. The firm’s quarterly revenue was up 3.5% on a year-over-year basis. On average, analysts predict that Dollar Tree, Inc. will post 5.39 earnings per share for the current fiscal year.

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.