Advisor Group Inc. increased its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 69.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 30,651 shares of the company’s stock after buying an additional 12,546 shares during the quarter. Advisor Group Inc.’s holdings in Dollar Tree were worth $3,289,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in DLTR. Macquarie Group Ltd. lifted its position in shares of Dollar Tree by 184,411.9% during the 3rd quarter. Macquarie Group Ltd. now owns 8,303,037 shares of the company’s stock worth $720,869,000 after buying an additional 8,298,537 shares during the last quarter. DSM Capital Partners LLC lifted its position in shares of Dollar Tree by 1,443,950.0% during the 3rd quarter. DSM Capital Partners LLC now owns 1,213,002 shares of the company’s stock worth $105,314,000 after buying an additional 1,212,918 shares during the last quarter. Mar Vista Investment Partners LLC bought a new stake in shares of Dollar Tree during the 3rd quarter worth $100,828,000. Russell Investments Group Ltd. lifted its position in shares of Dollar Tree by 78.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,876,816 shares of the company’s stock worth $162,931,000 after buying an additional 827,665 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of Dollar Tree by 2,567.0% during the 4th quarter. Victory Capital Management Inc. now owns 595,569 shares of the company’s stock worth $63,911,000 after buying an additional 573,238 shares during the last quarter. Institutional investors and hedge funds own 90.97% of the company’s stock.

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In other Dollar Tree news, Director Conrad M. Hall bought 10,000 shares of the firm’s stock in a transaction that occurred on Friday, March 9th. The stock was acquired at an average price of $91.83 per share, with a total value of $918,300.00. Following the completion of the purchase, the director now directly owns 799 shares of the company’s stock, valued at approximately $73,372.17. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 2.90% of the company’s stock.

Several analysts recently weighed in on DLTR shares. Buckingham Research upped their price objective on Dollar Tree from $93.00 to $111.00 and gave the stock a “buy” rating in a research report on Monday, November 20th. UBS Group reaffirmed a “buy” rating and issued a $106.00 target price (up previously from $100.00) on shares of Dollar Tree in a report on Tuesday, November 14th. Goldman Sachs Group assumed coverage on Dollar Tree in a report on Tuesday, November 14th. They issued a “buy” rating and a $106.00 target price for the company. Bank of America upped their target price on Dollar Tree from $105.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, November 21st. Finally, Moffett Nathanson assumed coverage on Dollar Tree in a report on Monday, December 4th. They issued a “buy” rating for the company. Twelve investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $106.08.

Shares of Dollar Tree, Inc. (NASDAQ:DLTR) opened at $94.42 on Wednesday. The firm has a market capitalization of $22,390.00, a PE ratio of 13.10, a PEG ratio of 1.18 and a beta of 0.80. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.60 and a quick ratio of 0.49. Dollar Tree, Inc. has a one year low of $65.63 and a one year high of $116.65.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings results on Wednesday, March 7th. The company reported $1.89 earnings per share for the quarter, missing the consensus estimate of $1.90 by ($0.01). The company had revenue of $6.36 billion during the quarter, compared to analyst estimates of $6.39 billion. Dollar Tree had a net margin of 7.71% and a return on equity of 18.68%. The company’s quarterly revenue was up 12.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.36 EPS. sell-side analysts expect that Dollar Tree, Inc. will post 5.65 EPS for the current year.

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Dollar Tree Company Profile

Dollar Tree, Inc is an operator of discount variety stores. As of January 28, 2017, the Company operated 14,334 stores in 48 states and the District of Columbia, and five Canadian provinces. Its segments include Dollar Tree and Family Dollar. The Dollar Tree segment is the operator of discount variety stores offering merchandise at a fixed price.

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

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