Dollar Tree, Inc. (NASDAQ:DLTR) Shares Sold by Atria Investments Inc

Atria Investments Inc lessened its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 52.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,559 shares of the company's stock after selling 8,368 shares during the quarter. Atria Investments Inc's holdings in Dollar Tree were worth $566,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Assetmark Inc. boosted its position in shares of Dollar Tree by 74.1% during the 4th quarter. Assetmark Inc. now owns 350 shares of the company's stock valued at $26,000 after acquiring an additional 149 shares during the last quarter. Deseret Mutual Benefit Administrators boosted its position in shares of Dollar Tree by 20.9% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 907 shares of the company's stock valued at $68,000 after acquiring an additional 157 shares during the last quarter. Checchi Capital Advisers LLC raised its holdings in Dollar Tree by 5.6% in the 4th quarter. Checchi Capital Advisers LLC now owns 3,390 shares of the company's stock valued at $254,000 after buying an additional 180 shares during the period. AM Squared Ltd raised 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 buying an additional 200 shares during the period. Finally, MassMutual Private Wealth & Trust FSB raised its holdings in 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 during the period. Institutional investors and hedge funds own 97.40% of the company's stock.

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Analyst Upgrades and Downgrades

Several analysts recently issued reports on DLTR shares. BMO Capital Markets boosted their price objective 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. Wells Fargo & Company reduced their price objective on shares of Dollar Tree from $100.00 to $85.00 and set an "overweight" rating on the stock in a report on Friday, March 7th. StockNews.com upgraded shares of Dollar Tree from a "sell" rating to a "hold" rating in a report on Thursday, December 5th. Evercore ISI reduced their price objective on shares of Dollar Tree from $94.00 to $92.00 and set an "in-line" rating on the stock in a report on Tuesday, December 3rd. Finally, Truist Financial boosted their price objective 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. Sixteen investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $84.79.

Dollar Tree Stock Down 1.2 %

DLTR traded down $0.81 on Tuesday, reaching $64.98. The company's stock had a trading volume of 2,172,925 shares, compared to its average volume of 3,388,400. The stock has a 50 day moving average of $71.77 and a two-hundred day moving average of $70.50. The company has a quick ratio of 0.17, a current ratio of 1.03 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $13.97 billion, a price-to-earnings ratio of -13.62, a P/E/G ratio of 2.16 and a beta of 0.91. Dollar Tree, Inc. has a fifty-two week low of $60.49 and a fifty-two week high of $137.14.

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.