Fiduciary Management Inc. WI Has $108.28 Million Stock Position in Dollar Tree, Inc. (NASDAQ:DLTR)

Fiduciary Management Inc. WI trimmed its position in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 5.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,444,833 shares of the company's stock after selling 82,914 shares during the period. Fiduciary Management Inc. WI owned approximately 0.67% of Dollar Tree worth $108,276,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Assetmark Inc. raised its position in shares of Dollar Tree by 74.1% in the 4th 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. Bessemer Group Inc. grew its stake in Dollar Tree by 34,600.0% during the 4th quarter. Bessemer Group Inc. now owns 347 shares of the company's stock valued at $26,000 after purchasing an additional 346 shares during the last quarter. Versant Capital Management Inc acquired a new position in shares of Dollar Tree in the fourth quarter valued at about $30,000. Parkside Financial Bank & Trust raised its position in Dollar Tree by 120.8% during the 4th quarter. Parkside Financial Bank & Trust now owns 424 shares of the company's stock worth $32,000 after buying an additional 232 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its stake in shares of Dollar Tree by 91.3% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 440 shares of the company's stock worth $33,000 after acquiring an additional 210 shares during the period. 97.40% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. UBS Group lowered their target price on Dollar Tree from $105.00 to $95.00 and set a "buy" rating on the stock in a research note on Friday, March 21st. Truist Financial set a $84.00 price target on shares of Dollar Tree in a report on Thursday, March 27th. Bank of America cut their price target on Dollar Tree from $75.00 to $70.00 and set an "underperform" rating for the company in a research note 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 research report on Monday, April 7th. Finally, Loop Capital restated a "hold" rating on shares of Dollar Tree in a research report on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $81.84.

Dollar Tree Stock Up 1.6 %

NASDAQ DLTR traded up $1.32 on Wednesday, reaching $83.48. The company had a trading volume of 6,146,124 shares, compared to its average volume of 3,972,127. The firm has a 50-day moving average of $71.41 and a 200-day moving average of $70.61. Dollar Tree, Inc. has a 1 year low of $60.49 and a 1 year high of $123.17. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.03 and a quick ratio of 0.17. The firm has a market capitalization of $17.96 billion, a PE ratio of -17.50, a P/E/G ratio of 2.16 and a beta of 0.87.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last announced its quarterly earnings data 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 quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.55 EPS. On average, equities research analysts anticipate that Dollar Tree, Inc. will post 5.39 EPS for the current fiscal year.

Insider Transactions at Dollar Tree

In other news, Director William W. Douglas III purchased 701 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The shares were purchased at an average cost of $75.00 per share, for a total transaction of $52,575.00. Following the completion of the purchase, the director now directly owns 1,377 shares of the company's stock, valued at approximately $103,275. The trade was a 103.70 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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 transaction of $92,478.60. Following the completion of the transaction, the chief accounting officer now directly owns 4,231 shares of the company's stock, valued at $316,055.70. This trade represents a 22.64 % decrease in their position. The disclosure for this sale can be found here. 6.80% of the stock is currently owned by company insiders.

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.