Mondrian Investment Partners LTD cut its holdings in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 1.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,051,756 shares of the company's stock after selling 16,204 shares during the quarter. Mondrian Investment Partners LTD owned approximately 0.49% of Dollar Tree worth $77,146,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of DLTR. Assetmark Inc. boosted its stake 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 in the last quarter. Versant Capital Management Inc bought a new position in Dollar Tree in the 4th quarter valued at approximately $30,000. Parkside Financial Bank & Trust boosted its position in Dollar Tree by 120.8% in the fourth quarter. Parkside Financial Bank & Trust now owns 424 shares of the company's stock valued at $32,000 after buying an additional 232 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in shares of Dollar Tree by 91.3% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 440 shares of the company's stock worth $33,000 after buying an additional 210 shares during the last quarter. Finally, First Horizon Advisors Inc. increased its holdings in shares of Dollar Tree by 105.6% during the third quarter. First Horizon Advisors Inc. now owns 553 shares of the company's stock worth $39,000 after buying an additional 284 shares in the last quarter. Institutional investors own 97.40% of the company's stock.
Dollar Tree Stock Down 1.2 %
DLTR traded down $0.81 during midday trading on Tuesday, hitting $64.98. The company had a trading volume of 2,173,056 shares, compared to its average volume of 3,388,401. 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 stock's 50 day moving average price is $71.77 and its 200 day moving average price is $70.50. The company has a market capitalization of $13.97 billion, a price-to-earnings ratio of -13.62, a PEG ratio of 2.16 and a beta of 0.91. Dollar Tree, Inc. has a 52 week low of $60.49 and a 52 week high of $137.14.
Analyst Ratings Changes
DLTR has been the topic of several recent research reports. Loop Capital raised their price objective on Dollar Tree from $65.00 to $75.00 and gave the company a "hold" rating in a report on Thursday, December 5th. Jefferies Financial Group upped their price objective on Dollar Tree from $70.00 to $75.00 and gave the company a "hold" rating in a research note on Wednesday, December 4th. Citigroup lifted their target price on shares of Dollar Tree from $64.00 to $76.00 and gave the stock a "neutral" rating in a research report on Thursday, December 5th. StockNews.com upgraded shares of Dollar Tree from a "sell" rating to a "hold" rating in a research report on Thursday, December 5th. Finally, Wells Fargo & Company cut their price target 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. Sixteen equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Dollar Tree presently has an average rating of "Hold" and a consensus price target of $84.79.
View Our Latest Research Report on Dollar Tree
About Dollar Tree
(
Free Report)
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.
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