Dollar Tree Inc. (NASDAQ:DLTR) saw an uptick in trading volume on Wednesday . 1,506,460 shares changed hands during mid-day trading, a decline of 4% from the previous session’s volume of 1,577,114 shares.The stock last traded at $94.93 and had previously closed at $95.51.

A number of research firms have issued reports on DLTR. Jefferies Group restated a “hold” rating and issued a $80.00 price objective (up previously from $75.00) on shares of Dollar Tree in a research report on Friday, May 27th. Telsey Advisory Group restated a “buy” rating on shares of Dollar Tree in a research report on Sunday, May 29th. BTIG Research assumed coverage on shares of Dollar Tree in a research report on Wednesday, June 1st. They set a “buy” rating and a $104.00 price target on the stock. Zacks Investment Research upgraded shares of Dollar Tree from a “hold” rating to a “buy” rating and set a $106.00 price target on the stock in a research report on Monday, July 11th. Finally, Royal Bank Of Canada reiterated a “buy” rating on shares of Dollar Tree in a research report on Sunday, May 29th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $95.55.

The firm has a market capitalization of $20.26 billion and a price-to-earnings ratio of 44.81. The company’s 50 day moving average price is $95.51 and its 200 day moving average price is $86.23.

Dollar Tree (NASDAQ:DLTR) last released its earnings results on Thursday, August 25th. The company reported $0.72 EPS for the quarter, missing analysts’ consensus estimates of $0.73 by $0.01. The company had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $5.08 billion. During the same period in the previous year, the business earned $0.67 EPS. The firm’s quarterly revenue was up 66.0% compared to the same quarter last year. Equities analysts predict that Dollar Tree Inc. will post $3.79 EPS for the current year.

In other Dollar Tree news, insider William A. Old, Jr. sold 2,616 shares of Dollar Tree stock in a transaction that occurred on Tuesday, May 31st. The shares were sold at an average price of $90.00, for a total transaction of $235,440.00. Following the completion of the sale, the insider now directly owns 5,950 shares in the company, valued at approximately $535,500. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Jason S. Reiser sold 6,586 shares of Dollar Tree stock in a transaction that occurred on Tuesday, May 31st. The shares were sold at an average price of $90.03, for a total transaction of $592,937.58. Following the sale, the vice president now owns 3,134 shares of the company’s stock, valued at $282,154.02. The disclosure for this sale can be found here.

A number of hedge funds have made changes to their positions in DLTR. US Bancorp DE boosted its stake in shares of Dollar Tree by 18.4% in the fourth quarter. US Bancorp DE now owns 368,625 shares of the company’s stock valued at $28,465,000 after buying an additional 57,270 shares during the last quarter. I.G. Investment Management LTD. boosted its stake in shares of Dollar Tree by 75.7% in the fourth quarter. I.G. Investment Management LTD. now owns 46,890 shares of the company’s stock valued at $3,621,000 after buying an additional 20,205 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Dollar Tree by 15.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 714,554 shares of the company’s stock valued at $55,180,000 after buying an additional 93,763 shares during the last quarter. State of Tennessee Treasury Department boosted its stake in shares of Dollar Tree by 18.9% in the fourth quarter. State of Tennessee Treasury Department now owns 175,430 shares of the company’s stock valued at $13,546,000 after buying an additional 27,824 shares during the last quarter. Finally, KBC Group NV boosted its stake in shares of Dollar Tree by 2.0% in the fourth quarter. KBC Group NV now owns 71,693 shares of the company’s stock valued at $5,536,000 after buying an additional 1,437 shares during the last quarter.

Dollar Tree, Inc is an operator of discount variety stores. The Company operates approximately 13,851 discount variety retail stores. The Company’s segments include Dollar Tree and Family Dollar. The Dollar Tree segment operates discount variety stores offering merchandise at a fixed price. The Family Dollar segment operates a chain of general merchandise retail discount stores providing consumers with a selection of merchandise in neighborhood stores.

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