Bridgewater Associates LP Has $2.82 Million Stock Holdings in Dollar Tree, Inc. (NASDAQ:DLTR)

Bridgewater Associates LP decreased its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 34.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,663 shares of the company's stock after selling 19,904 shares during the period. Bridgewater Associates LP's holdings in Dollar Tree were worth $2,822,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Canada Post Corp Registered Pension Plan bought a new position in shares of Dollar Tree in the fourth quarter valued at $222,000. Mariner LLC increased its holdings in shares of Dollar Tree by 22.8% in the fourth quarter. Mariner LLC now owns 10,574 shares of the company's stock valued at $792,000 after buying an additional 1,960 shares in the last quarter. Townsquare Capital LLC increased its holdings in shares of Dollar Tree by 1.8% in the fourth quarter. Townsquare Capital LLC now owns 17,752 shares of the company's stock valued at $1,330,000 after buying an additional 319 shares in the last quarter. Sterling Capital Management LLC raised its stake in Dollar Tree by 51.8% during the 4th quarter. Sterling Capital Management LLC now owns 12,231 shares of the company's stock valued at $917,000 after purchasing an additional 4,174 shares during the period. Finally, Quinn Opportunity Partners LLC acquired a new stake in Dollar Tree during the 4th quarter valued at $3,453,000. Institutional investors own 97.40% of the company's stock.

Insider Activity at Dollar Tree

In other Dollar Tree news, Director William W. Douglas III purchased 701 shares of the stock in a transaction on Wednesday, April 2nd. The stock was bought at an average cost of $75.00 per share, for a total transaction of $52,575.00. Following the completion of the acquisition, the director now directly owns 1,377 shares of the company's stock, valued at $103,275. The trade was a 103.70 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Aditya Maheshwari sold 1,238 shares of the stock in a transaction dated Monday, April 14th. The stock was sold at an average price of $74.70, for a total value of $92,478.60. Following the completion of the sale, the chief accounting officer now owns 4,231 shares of the company's stock, valued at $316,055.70. This trade represents a 22.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 6.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

DLTR has been the topic of several research analyst reports. Bank of America lowered their price target on shares of Dollar Tree from $75.00 to $70.00 and set an "underperform" rating on the stock in a report on Tuesday, April 8th. Citigroup upgraded shares of Dollar Tree from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $76.00 to $103.00 in a report on Monday, April 7th. Wells Fargo & Company upped their price target on shares of Dollar Tree from $85.00 to $90.00 and gave the company an "overweight" rating in a report on Tuesday, April 1st. Loop Capital restated a "hold" rating on shares of Dollar Tree in a report on Thursday, March 27th. Finally, Telsey Advisory Group boosted 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. One analyst has rated the stock with a sell rating, fourteen have given a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Dollar Tree currently has a consensus rating of "Hold" and an average price target of $81.84.

Dollar Tree Price Performance

Dollar Tree stock traded down $0.02 on Wednesday, reaching $82.14. The company's stock had a trading volume of 3,006,823 shares, compared to its average volume of 3,960,538. 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, Inc. has a twelve month low of $60.49 and a twelve month high of $123.17. The company has a market cap of $17.67 billion, a price-to-earnings ratio of -17.22, a PEG ratio of 2.16 and a beta of 0.87. The business's fifty day moving average price is $71.41 and its 200 day moving average price is $70.61.

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

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.