Natixis Advisors LLC Acquires 342,196 Shares of Dollar Tree, Inc. (NASDAQ:DLTR)

Natixis Advisors LLC raised its stake in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 111.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 650,493 shares of the company's stock after acquiring an additional 342,196 shares during the period. Natixis Advisors LLC owned 0.30% of Dollar Tree worth $48,748,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of DLTR. Atria Investments Inc boosted its position in shares of Dollar Tree by 16.4% during the third quarter. Atria Investments Inc now owns 15,927 shares of the company's stock worth $1,120,000 after buying an additional 2,244 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its position in Dollar Tree by 0.5% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 480,400 shares of the company's stock worth $33,782,000 after purchasing an additional 2,405 shares during the period. KBC Group NV lifted its position in Dollar Tree by 3.0% in the third quarter. KBC Group NV now owns 27,999 shares of the company's stock worth $1,968,000 after purchasing an additional 827 shares during the period. Curi RMB Capital LLC acquired a new stake in shares of Dollar Tree in the third quarter worth $354,000. Finally, Tokio Marine Asset Management Co. Ltd. boosted its position in shares of Dollar Tree by 6.3% in the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 6,078 shares of the company's stock worth $427,000 after buying an additional 358 shares during the period. 97.40% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Ratings Changes

DLTR has been the subject of a number of research reports. BMO Capital Markets lifted their price objective on Dollar Tree from $65.00 to $70.00 and gave the company a "market perform" rating in a research report on Thursday, December 5th. Evercore ISI reduced their price objective on Dollar Tree from $94.00 to $92.00 and set an "in-line" rating for the company in a research report on Tuesday, December 3rd. Wells Fargo & Company cut their target price on Dollar Tree from $100.00 to $85.00 and set an "overweight" rating on the stock in a report on Friday, March 7th. Citigroup raised their target price on Dollar Tree from $64.00 to $76.00 and gave the company a "neutral" rating in a report on Thursday, December 5th. Finally, Guggenheim cut their target price on Dollar Tree from $120.00 to $100.00 and set a "buy" rating on the stock in a report on Friday, December 6th. Sixteen analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $84.79.

Dollar Tree Price Performance

NASDAQ DLTR traded up $0.29 during trading on Thursday, reaching $64.59. 3,338,772 shares of the company traded hands, compared to its average volume of 3,368,781. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.17 and a current ratio of 1.03. The stock's 50 day moving average price is $71.42 and its two-hundred day moving average price is $70.32. The company has a market cap of $13.89 billion, a price-to-earnings ratio of -13.54, a P/E/G ratio of 2.16 and a beta of 0.91. Dollar Tree, Inc. has a 1-year low of $60.49 and a 1-year 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.