B. Metzler seel. Sohn & Co. AG Has $661,000 Holdings in Dollar Tree, Inc. (NASDAQ:DLTR)

B. Metzler seel. Sohn & Co. AG increased its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 75.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 8,825 shares of the company’s stock after acquiring an additional 3,805 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Dollar Tree were worth $661,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in DLTR. Alliancebernstein L.P. grew its holdings in Dollar Tree by 26.6% during the fourth quarter. Alliancebernstein L.P. now owns 530,356 shares of the company’s stock valued at $39,745,000 after purchasing an additional 111,511 shares during the last quarter. Meeder Asset Management Inc. grew its stake in Dollar Tree by 6,210.0% in the 4th quarter. Meeder Asset Management Inc. now owns 3,155 shares of the company’s stock valued at $236,000 after buying an additional 3,105 shares during the last quarter. Wellington Management Group LLP raised its holdings in Dollar Tree by 155.7% in the 4th quarter. Wellington Management Group LLP now owns 77,886 shares of the company’s stock worth $5,837,000 after acquiring an additional 47,427 shares during the period. Inkwell Capital LLC acquired a new position in Dollar Tree during the 4th quarter worth $1,968,000. Finally, Allstate Corp bought a new stake in Dollar Tree during the fourth quarter valued at about $452,000. 97.40% of the stock is owned by institutional investors.

Dollar Tree Stock Performance

Shares of NASDAQ:DLTR opened at $67.55 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.03 and a quick ratio of 0.17. The business’s fifty day moving average price is $71.19 and its two-hundred day moving average price is $70.36. Dollar Tree, Inc. has a fifty-two week low of $60.49 and a fifty-two week high of $131.52. The stock has a market capitalization of $14.53 billion, a price-to-earnings ratio of -14.16, a price-to-earnings-growth ratio of 2.16 and a beta of 0.87.

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

Insider Transactions at Dollar Tree

In other Dollar Tree news, Director William W. Douglas III acquired 701 shares of Dollar Tree stock in a transaction on Wednesday, April 2nd. The shares were bought at an average price of $75.00 per share, with a total value of $52,575.00. Following the completion of the purchase, the director now owns 1,377 shares in the company, valued at $103,275. This trade represents a 103.70 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 6.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on DLTR shares. Loop Capital reiterated a “hold” rating on shares of Dollar Tree in a research note on Thursday, March 27th. Truist Financial set a $84.00 price target on Dollar Tree in a research report on Thursday, March 27th. Telsey Advisory Group increased their price objective on Dollar Tree from $75.00 to $82.00 and gave the company a “market perform” rating in a research report on Thursday, March 27th. UBS Group dropped their target price on shares of Dollar Tree from $105.00 to $95.00 and set a “buy” rating on the stock in a research report on Friday, March 21st. Finally, Evercore ISI upped their target price on shares of Dollar Tree from $79.00 to $85.00 and gave the company an “in-line” rating in a research note on Thursday, March 27th. Fifteen analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $81.00.

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.