Vanguard Group Inc. Boosts Stock Holdings in Dollar Tree, Inc. (NASDAQ:DLTR)

Vanguard Group Inc. grew its position in Dollar Tree, Inc. (NASDAQ:DLTR) by 0.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,450,228 shares of the company’s stock after purchasing an additional 163,368 shares during the period. Vanguard Group Inc. owned about 10.91% of Dollar Tree worth $1,757,360,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in DLTR. Assetmark Inc. grew its position in Dollar Tree by 74.1% in the 4th quarter. Assetmark Inc. now owns 350 shares of the company’s stock worth $26,000 after purchasing an additional 149 shares in the last quarter. Deseret Mutual Benefit Administrators grew its holdings in shares of Dollar Tree by 20.9% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 907 shares of the company’s stock valued at $68,000 after acquiring an additional 157 shares in the last quarter. Checchi Capital Advisers LLC increased its position in shares of Dollar Tree by 5.6% during the fourth quarter. Checchi Capital Advisers LLC now owns 3,390 shares of the company’s stock valued at $254,000 after acquiring an additional 180 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in Dollar Tree by 91.3% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 440 shares of the company’s stock worth $33,000 after acquiring an additional 210 shares during the period. Finally, Metis Global Partners LLC boosted its position in Dollar Tree by 3.4% in the fourth quarter. Metis Global Partners LLC now owns 6,773 shares of the company’s stock worth $508,000 after purchasing an additional 220 shares during the last quarter. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. UBS Group decreased their target price on Dollar Tree from $105.00 to $95.00 and set a “buy” rating for the company in a research report on Friday, March 21st. Citigroup lifted their price objective on shares of Dollar Tree from $64.00 to $76.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. Wells Fargo & Company dropped their target price on shares of Dollar Tree from $100.00 to $85.00 and set an “overweight” rating on the stock in a research note on Friday, March 7th. StockNews.com upgraded shares of Dollar Tree from a “sell” rating to a “hold” rating in a research note on Thursday, December 5th. Finally, Guggenheim dropped their price objective on Dollar Tree from $120.00 to $100.00 and set a “buy” rating on the stock in a research note on Friday, December 6th. Sixteen investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $83.89.

Dollar Tree Price Performance

Shares of NASDAQ:DLTR opened at $69.21 on Thursday. The company has a 50 day moving average of $71.03 and a 200 day moving average of $70.13. The company has a current ratio of 1.03, a quick ratio of 0.17 and a debt-to-equity ratio of 0.32. The stock has a market cap of $14.88 billion, a P/E ratio of -14.51, a P/E/G ratio of 2.16 and a beta of 0.91. Dollar Tree, Inc. has a 12 month low of $60.49 and a 12 month high of $137.14.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings results on Wednesday, March 26th. The company reported $2.11 EPS for the quarter, missing analysts’ consensus estimates of $2.20 by ($0.09). Dollar Tree had a negative net margin of 3.34% and a positive return on equity of 16.89%. The firm had revenue of $5 billion for the quarter, compared to analysts’ expectations of $8.23 billion. During the same quarter last year, the firm earned $2.55 earnings per share. The firm’s revenue for the quarter was up .7% on a year-over-year basis. As a group, sell-side analysts forecast that Dollar Tree, Inc. will post 5.39 EPS for the current fiscal year.

Dollar Tree 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.