Mufg Securities Americas Inc. Buys 800 Shares of Dollar Tree, Inc. $DLTR

Mufg Securities Americas Inc. boosted its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 22.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,378 shares of the company’s stock after buying an additional 800 shares during the quarter. Mufg Securities Americas Inc.’s holdings in Dollar Tree were worth $434,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. TD Private Client Wealth LLC lifted its stake in shares of Dollar Tree by 164.0% in the second quarter. TD Private Client Wealth LLC now owns 264 shares of the company’s stock worth $26,000 after acquiring an additional 164 shares during the period. Brooklyn Investment Group increased its position in Dollar Tree by 79.0% during the 1st quarter. Brooklyn Investment Group now owns 358 shares of the company’s stock valued at $27,000 after purchasing an additional 158 shares during the period. True Wealth Design LLC raised its holdings in Dollar Tree by 372.5% during the 2nd quarter. True Wealth Design LLC now owns 378 shares of the company’s stock worth $37,000 after purchasing an additional 298 shares during the last quarter. Zions Bancorporation National Association UT bought a new position in Dollar Tree during the 1st quarter worth approximately $30,000. Finally, MTM Investment Management LLC acquired a new position in shares of Dollar Tree in the 2nd quarter worth approximately $42,000. Institutional investors and hedge funds own 97.40% of the company’s stock.

Insider Buying and Selling at Dollar Tree

In other Dollar Tree news, Director Stephanie Stahl sold 1,185 shares of the firm’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $100.32, for a total value of $118,879.20. Following the transaction, the director directly owned 4,089 shares of the company’s stock, valued at approximately $410,208.48. This trade represents a 22.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert Aflatooni sold 1,260 shares of Dollar Tree stock in a transaction dated Friday, October 17th. The shares were sold at an average price of $94.70, for a total transaction of $119,322.00. Following the transaction, the insider owned 21,402 shares of the company’s stock, valued at $2,026,769.40. This represents a 5.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 6.60% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on DLTR. The Goldman Sachs Group reiterated a “sell” rating and set a $103.00 price objective (down from $133.00) on shares of Dollar Tree in a research report on Thursday, November 13th. Truist Financial upped their price target on shares of Dollar Tree from $127.00 to $129.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. Wells Fargo & Company decreased their price target on Dollar Tree from $130.00 to $115.00 and set an “overweight” rating for the company in a report on Friday, October 10th. UBS Group reissued a “buy” rating and issued a $140.00 price objective on shares of Dollar Tree in a research report on Tuesday, August 26th. Finally, Gordon Haskett lowered Dollar Tree from a “hold” rating to a “reduce” rating and set a $95.00 target price on the stock. in a research report on Wednesday, September 3rd. Eight research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $108.63.

Dollar Tree Stock Performance

Shares of Dollar Tree stock opened at $100.25 on Tuesday. The business has a 50-day simple moving average of $97.64 and a 200 day simple moving average of $100.93. Dollar Tree, Inc. has a one year low of $61.80 and a one year high of $118.06. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.04 and a quick ratio of 0.27. The firm has a market capitalization of $20.45 billion, a price-to-earnings ratio of -7.39, a PEG ratio of 1.75 and a beta of 0.86.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings data on Wednesday, September 3rd. The company reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.39. The firm had revenue of $4.57 billion during the quarter, compared to analysts’ expectations of $4.46 billion. Dollar Tree had a positive return on equity of 23.52% and a negative net margin of 13.46%.The company’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.67 earnings per share. Dollar Tree has set its FY 2025 guidance at 5.320-5.720 EPS. On average, research analysts anticipate that Dollar Tree, Inc. will post 5.39 earnings per share 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.