Dollar Tree, Inc. (NASDAQ:DLTR) Shares Sold by S.A. Mason LLC

S.A. Mason LLC lessened its stake in Dollar Tree, Inc. (NASDAQ:DLTR) by 28.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,732 shares of the company’s stock after selling 674 shares during the period. S.A. Mason LLC’s holdings in Dollar Tree were worth $130,000 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. Versant Capital Management Inc purchased a new stake in shares of Dollar Tree in the fourth quarter valued at about $30,000. MassMutual Private Wealth & Trust FSB lifted its position in Dollar Tree by 91.3% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 440 shares of the company’s stock valued at $33,000 after purchasing an additional 210 shares during the period. Eastern Bank purchased a new stake in Dollar Tree in the 3rd quarter valued at approximately $34,000. First Horizon Advisors Inc. increased its position in 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 purchasing an additional 284 shares during the period. Finally, Sunbelt Securities Inc. increased its position in Dollar Tree by 738.7% during the 3rd quarter. Sunbelt Securities Inc. now owns 629 shares of the company’s stock worth $44,000 after purchasing an additional 554 shares during the period. 97.40% of the stock is owned by hedge funds and other institutional investors.

Dollar Tree Stock Performance

NASDAQ:DLTR opened at $73.35 on Monday. Dollar Tree, Inc. has a 1-year low of $60.49 and a 1-year high of $151.21. The firm has a 50 day simple moving average of $72.58 and a 200-day simple moving average of $76.76. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.03 and a quick ratio of 0.17.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings results on Wednesday, December 4th. The company reported $1.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.07 by $0.05. The company had revenue of $7.57 billion for the quarter, compared to analyst estimates of $7.45 billion. Dollar Tree had a positive return on equity of 16.89% and a negative net margin of 3.34%. The business’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.97 EPS. On average, equities research analysts anticipate that Dollar Tree, Inc. will post 5.39 earnings per share for the current year.

Wall Street Analyst Weigh In

DLTR has been the topic of a number of analyst reports. Sanford C. Bernstein assumed coverage on Dollar Tree in a research note on Tuesday, October 22nd. They issued a “market perform” rating and a $76.00 price target on the stock. Telsey Advisory Group restated a “market perform” rating and set a $75.00 target price on shares of Dollar Tree in a research report on Friday, December 20th. KeyCorp cut shares of Dollar Tree from an “overweight” rating to a “sector weight” rating in a research note on Thursday, November 7th. Evercore ISI reduced their price objective on shares of Dollar Tree from $94.00 to $92.00 and set an “in-line” rating for the company in a research note on Tuesday, December 3rd. Finally, StockNews.com upgraded shares of Dollar Tree from a “sell” rating to a “hold” rating in a research report on Thursday, December 5th. Seventeen equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $85.58.

About Dollar Tree

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.