B. Metzler seel. Sohn & Co. AG Acquires 3,805 Shares of Dollar Tree, Inc. (NASDAQ:DLTR)

B. Metzler seel. Sohn & Co. AG lifted its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 75.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,825 shares of the company's stock after buying an additional 3,805 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Dollar Tree were worth $661,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Pzena Investment Management LLC bought a new stake in Dollar Tree during the 4th quarter worth about $520,000. Empower Advisory Group LLC boosted its position in Dollar Tree by 15.3% during the fourth quarter. Empower Advisory Group LLC now owns 760,423 shares of the company's stock valued at $56,986,000 after purchasing an additional 100,676 shares during the last quarter. Strategic Wealth Investment Group LLC acquired a new position in shares of Dollar Tree during the 4th quarter worth approximately $448,000. Entropy Technologies LP bought a new position in shares of Dollar Tree in the fourth quarter valued at $2,173,000. Finally, Alberta Investment Management Corp raised its position in Dollar Tree by 253.2% during the fourth quarter. Alberta Investment Management Corp now owns 93,600 shares of the company's stock worth $7,014,000 after acquiring an additional 67,100 shares in the last quarter. 97.40% of the stock is currently owned by institutional investors.

Dollar Tree Price Performance

Shares of NASDAQ DLTR traded up $0.28 during midday trading on Thursday, reaching $72.85. 2,498,668 shares of the company were exchanged, compared to its average volume of 3,828,957. The stock's 50-day moving average price is $70.90 and its 200-day moving average price is $70.30. The stock has a market cap of $15.67 billion, a P/E ratio of -15.31, a PEG ratio of 2.16 and a beta of 0.87. The company has a quick ratio of 0.17, a current ratio of 1.03 and a debt-to-equity ratio of 0.32. Dollar Tree, Inc. has a one year low of $60.49 and a one year high of $131.42.

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Dollar Tree (NASDAQ:DLTR - Get Free Report) last announced its quarterly earnings results on Wednesday, March 26th. The company reported $2.11 EPS for the quarter, missing analysts' consensus estimates of $2.20 by ($0.09). Dollar Tree had a negative net margin of 3.34% and a positive return on equity of 16.89%. The firm had revenue of $5 billion for the quarter, compared to analyst estimates of $8.23 billion. During the same period in the previous year, the business posted $2.55 earnings per share. The business's revenue for the quarter was up .7% compared to the same quarter last year. On average, sell-side analysts anticipate that Dollar Tree, Inc. will post 5.39 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on DLTR shares. Telsey Advisory Group raised 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. Evercore ISI upped their price objective on shares of Dollar Tree from $79.00 to $85.00 and gave the company an "in-line" rating in a report on Thursday, March 27th. Loop Capital restated a "hold" rating on shares of Dollar Tree in a research note on Thursday, March 27th. JPMorgan Chase & Co. decreased their price target on shares of Dollar Tree from $88.00 to $78.00 and set a "neutral" rating on the stock in a research note on Thursday, March 27th. Finally, Citigroup upgraded shares of Dollar Tree from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $76.00 to $103.00 in a research report on Monday. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Dollar Tree has an average rating of "Hold" and an average target price of $81.84.

Insider Activity

In related news, Director William W. Douglas III purchased 701 shares of the firm's stock in a transaction that occurred on Wednesday, April 2nd. The stock was acquired at an average price of $75.00 per share, for a total transaction of $52,575.00. Following the completion of the acquisition, the director now owns 1,377 shares of the company's stock, valued at $103,275. This represents a 103.70 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 6.80% of the company's stock.

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.