Dollar Tree, Inc. (NASDAQ:DLTR) Shares Sold by Alan B Lancz & Associates Inc.

Alan B Lancz & Associates Inc. lessened its stake in Dollar Tree, Inc. (NASDAQ:DLTR) by 4.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,100 shares of the company’s stock after selling 150 shares during the period. Alan B Lancz & Associates Inc.’s holdings in Dollar Tree were worth $232,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC boosted its holdings in shares of Dollar Tree by 35.2% in the second quarter. EverSource Wealth Advisors LLC now owns 657 shares of the company’s stock valued at $69,000 after acquiring an additional 171 shares in the last quarter. AM Squared Ltd boosted its holdings in Dollar Tree by 12.5% in the 3rd quarter. AM Squared Ltd now owns 1,800 shares of the company’s stock valued at $127,000 after purchasing an additional 200 shares in the last quarter. McGinn Penninger Investment Management Inc. boosted its holdings in Dollar Tree by 0.5% in the 2nd quarter. McGinn Penninger Investment Management Inc. now owns 45,503 shares of the company’s stock valued at $4,858,000 after purchasing an additional 210 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its position in Dollar Tree by 91.3% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 440 shares of the company’s stock worth $33,000 after purchasing an additional 210 shares during the period. Finally, First Horizon Advisors Inc. raised its stake in shares of Dollar Tree by 105.6% during the 3rd quarter. First Horizon Advisors Inc. now owns 553 shares of the company’s stock worth $39,000 after buying an additional 284 shares in the last quarter. 97.40% of the stock is owned by hedge funds and other institutional investors.

Dollar Tree Stock Up 1.9 %

DLTR stock opened at $72.48 on Friday. Dollar Tree, Inc. has a one year low of $60.49 and a one year high of $151.21. The stock has a market capitalization of $15.58 billion, a P/E ratio of -15.19, a PEG ratio of 2.29 and a beta of 0.90. The company has a 50 day moving average price of $71.67 and a two-hundred day moving average price of $78.01. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.17 and a current ratio of 1.03.

Dollar Tree (NASDAQ:DLTR) last released its earnings results on Wednesday, December 4th. The company reported $1.12 EPS for the quarter, beating the consensus estimate of $1.07 by $0.05. Dollar Tree had a positive return on equity of 16.89% and a negative net margin of 3.34%. The firm had revenue of $7.57 billion during the quarter, compared to analyst estimates of $7.45 billion. During the same period in the prior year, the firm posted $0.97 earnings per share. The business’s quarterly revenue was up 3.5% compared to the same quarter last year. As a group, sell-side analysts expect that Dollar Tree, Inc. will post 5.39 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. JPMorgan Chase & Co. upped their price objective on Dollar Tree from $70.00 to $82.00 and gave the stock a “neutral” rating in a report on Tuesday, November 5th. Jefferies Financial Group upped their price target on shares of Dollar Tree from $70.00 to $75.00 and gave the stock a “hold” rating in a research note on Wednesday, December 4th. Truist Financial increased their price target on shares of Dollar Tree from $79.00 to $83.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Telsey Advisory Group reissued a “market perform” rating and set a $75.00 price objective on shares of Dollar Tree in a report on Friday, December 20th. Finally, BMO Capital Markets increased their target price on shares of Dollar Tree from $65.00 to $70.00 and gave the company a “market perform” rating in a report on Thursday, December 5th. Seventeen equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Dollar Tree presently has a consensus rating of “Hold” and an average price target of $85.58.

Dollar Tree Company 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.