Nebula Research & Development LLC Has $2.89 Million Holdings in Dollar Tree, Inc. (NASDAQ:DLTR)

Nebula Research & Development LLC cut its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 17.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 38,526 shares of the company's stock after selling 7,909 shares during the period. Nebula Research & Development LLC's holdings in Dollar Tree were worth $2,887,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in DLTR. Bessemer Group Inc. increased its holdings in shares of Dollar Tree by 34,600.0% during the 4th quarter. Bessemer Group Inc. now owns 347 shares of the company's stock worth $26,000 after acquiring an additional 346 shares during the last quarter. Assetmark Inc. increased its holdings in shares of Dollar Tree by 74.1% in the fourth 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. Versant Capital Management Inc acquired a new position in shares of Dollar Tree in the fourth quarter valued at $30,000. Parkside Financial Bank & Trust raised its position in shares of 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 purchasing an additional 232 shares during the period. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in shares of Dollar Tree by 91.3% during the 4th 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. Institutional investors and hedge funds own 97.40% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on DLTR shares. Telsey Advisory Group increased their price target on shares of Dollar Tree from $75.00 to $82.00 and gave the company a "market perform" rating in a report on Thursday, March 27th. Evercore ISI lifted their price target on Dollar Tree from $79.00 to $85.00 and gave the stock an "in-line" rating in a report on Thursday, March 27th. Citigroup upgraded Dollar Tree from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $76.00 to $103.00 in a research report on Monday, April 7th. JPMorgan Chase & Co. reduced their target price on shares of Dollar Tree from $88.00 to $78.00 and set a "neutral" rating for the company in a research report on Thursday, March 27th. Finally, UBS Group lowered their price target on shares of Dollar Tree from $105.00 to $95.00 and set a "buy" rating on the stock in a research report on Friday, March 21st. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $81.84.

Insiders Place Their Bets

In related news, Director William W. Douglas III bought 701 shares of the firm's stock in a transaction on Wednesday, April 2nd. The shares were purchased at an average price of $75.00 per share, with a total value of $52,575.00. Following the completion of the purchase, the director now owns 1,377 shares in the company, valued at $103,275. This represents a 103.70 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, CAO Aditya Maheshwari sold 1,238 shares of the business's stock in a transaction on Monday, April 14th. The stock was sold at an average price of $74.70, for a total transaction of $92,478.60. Following the sale, the chief accounting officer now directly owns 4,231 shares in the company, valued at approximately $316,055.70. The trade was a 22.64 % decrease in their position. The disclosure for this sale can be found here. Insiders own 6.80% of the company's stock.

Dollar Tree Price Performance

Shares of DLTR traded down $0.40 during midday trading on Monday, hitting $80.17. The company's stock had a trading volume of 3,132,311 shares, compared to its average volume of 4,002,177. 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 $123.17. The stock has a market capitalization of $17.24 billion, a price-to-earnings ratio of -16.81, a price-to-earnings-growth ratio of 2.16 and a beta of 0.87. The company's fifty day simple moving average is $71.96 and its two-hundred day simple moving average is $70.87.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last issued its earnings results on Wednesday, March 26th. The company reported $2.11 EPS for the quarter, missing the consensus estimate of $2.20 by ($0.09). Dollar Tree had a positive return on equity of 16.89% and a negative net margin of 3.34%. The business 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 firm posted $2.55 EPS. The firm's revenue was up .7% compared to the same quarter last year. As a group, 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.