Marathon Trading Investment Management LLC Has $1.31 Million Stock Holdings in Dollar Tree, Inc. (NASDAQ:DLTR)

Marathon Trading Investment Management LLC boosted its stake in Dollar Tree, Inc. (NASDAQ:DLTR) by 481.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,429 shares of the company’s stock after buying an additional 14,429 shares during the quarter. Marathon Trading Investment Management LLC’s holdings in Dollar Tree were worth $1,306,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Assetmark Inc. boosted its position in Dollar Tree by 74.1% during the fourth quarter. Assetmark Inc. now owns 350 shares of the company’s stock valued at $26,000 after purchasing an additional 149 shares during the last quarter. Versant Capital Management Inc purchased a new stake in shares of Dollar Tree during the 4th quarter worth about $30,000. Parkside Financial Bank & Trust lifted its holdings in shares of Dollar Tree by 120.8% during the 4th quarter. Parkside Financial Bank & Trust now owns 424 shares of the company’s stock valued at $32,000 after buying an additional 232 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in shares of Dollar Tree by 91.3% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 440 shares of the company’s stock valued at $33,000 after buying an additional 210 shares in the last quarter. Finally, First Horizon Advisors Inc. grew its stake in shares of Dollar Tree by 105.6% in the 3rd quarter. First Horizon Advisors Inc. now owns 553 shares of the company’s stock valued at $39,000 after buying an additional 284 shares in the last quarter. Institutional investors and hedge funds own 97.40% of the company’s stock.

Dollar Tree Price Performance

Shares of DLTR stock opened at $67.44 on Tuesday. Dollar Tree, Inc. has a 12 month low of $60.49 and a 12 month high of $150.74. The company has a market capitalization of $14.50 billion, a P/E ratio of -14.14, a P/E/G ratio of 2.16 and a beta of 0.91. The stock has a 50 day moving average of $72.82 and a two-hundred day moving average of $71.51. The company has a current ratio of 1.03, a quick ratio of 0.17 and a debt-to-equity ratio of 0.32.

Wall Street Analysts Forecast Growth

DLTR has been the subject of a number of analyst reports. Evercore ISI reduced their target price 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. BMO Capital Markets lifted their price objective on shares of Dollar Tree from $65.00 to $70.00 and gave the company a “market perform” rating in a research note on Thursday, December 5th. Guggenheim lowered their target price on shares of Dollar Tree from $120.00 to $100.00 and set a “buy” rating on the stock in a research report on Friday, December 6th. Truist Financial boosted their price target on Dollar Tree from $79.00 to $83.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Finally, Wells Fargo & Company decreased their price target on Dollar Tree from $100.00 to $85.00 and set an “overweight” rating for the company in a research note on Friday. Sixteen 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, the company has a consensus rating of “Hold” and an average target price of $84.79.

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.