Rothschild Investment Corp IL boosted its position in Dollar Tree, Inc. (NASDAQ:DLTR) by 7.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,189 shares of the company’s stock after buying an additional 1,910 shares during the period. Rothschild Investment Corp IL’s holdings in Dollar Tree were worth $2,380,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Alta Capital Management LLC increased its position in Dollar Tree by 29.0% in the 3rd quarter. Alta Capital Management LLC now owns 880,923 shares of the company’s stock valued at $71,839,000 after buying an additional 197,850 shares in the last quarter. Nisa Investment Advisors LLC boosted its stake in Dollar Tree by 4.3% during the 3rd quarter. Nisa Investment Advisors LLC now owns 67,945 shares of the company’s stock valued at $5,541,000 after purchasing an additional 2,800 shares during the last quarter. Raymond James Trust N.A. boosted its stake in Dollar Tree by 32.8% during the 3rd quarter. Raymond James Trust N.A. now owns 3,814 shares of the company’s stock valued at $311,000 after purchasing an additional 942 shares during the last quarter. First Hawaiian Bank acquired a new position in Dollar Tree during the 3rd quarter valued at about $1,573,000. Finally, Callahan Advisors LLC acquired a new position in Dollar Tree during the 3rd quarter valued at about $1,580,000. 92.17% of the stock is owned by institutional investors and hedge funds.

In other news, Director Lemuel E. Lewis acquired 1,210 shares of the company’s stock in a transaction that occurred on Thursday, September 27th. The shares were acquired at an average price of $82.75 per share, for a total transaction of $100,127.50. Following the completion of the purchase, the director now owns 20,114 shares in the company, valued at $1,664,433.50. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.50% of the stock is currently owned by corporate insiders.

Shares of NASDAQ DLTR traded down $1.18 during midday trading on Wednesday, reaching $85.32. The company’s stock had a trading volume of 298,588 shares, compared to its average volume of 3,292,574. Dollar Tree, Inc. has a 12-month low of $78.78 and a 12-month high of $116.65. The company has a market capitalization of $19.40 billion, a PE ratio of 17.63, a PEG ratio of 1.05 and a beta of 0.74. The company has a quick ratio of 0.52, a current ratio of 2.24 and a debt-to-equity ratio of 0.66.

Dollar Tree (NASDAQ:DLTR) last announced its earnings results on Thursday, August 30th. The company reported $1.15 earnings per share for the quarter, missing analysts’ consensus estimates of $1.16 by ($0.01). Dollar Tree had a return on equity of 17.63% and a net margin of 7.53%. The business had revenue of $5.53 billion during the quarter, compared to analysts’ expectations of $5.54 billion. During the same quarter in the previous year, the firm earned $0.99 EPS. Dollar Tree’s quarterly revenue was up 4.6% on a year-over-year basis. As a group, research analysts expect that Dollar Tree, Inc. will post 5.5 EPS for the current fiscal year.

DLTR has been the subject of a number of analyst reports. Credit Suisse Group lifted their price target on Dollar Tree from $93.00 to $96.00 and gave the company an “outperform” rating in a research note on Thursday, June 28th. BidaskClub downgraded Dollar Tree from a “buy” rating to a “hold” rating in a research note on Friday, July 6th. Citigroup initiated coverage on Dollar Tree in a research note on Friday, July 6th. They set a “neutral” rating for the company. Atlantic Securities upgraded Dollar Tree from a “neutral” rating to an “overweight” rating and set a $110.00 price target for the company in a research note on Monday, August 13th. Finally, Zacks Investment Research upgraded Dollar Tree from a “hold” rating to a “buy” rating and set a $104.00 price target for the company in a research note on Tuesday, August 14th. Two analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $100.83.

About Dollar Tree

Dollar Tree, Inc operates discount variety retail stores in the United States and Canada. It operates through two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $1.00. It provides consumable merchandise, including candy and food, and health and beauty care products, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; various merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, and other items; and seasonal goods, which include Valentine's Day, Easter, Halloween, and Christmas merchandise.

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

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