Robeco Institutional Asset Management B.V. Acquires 4,662 Shares of Dollar Tree, Inc. (NASDAQ:DLTR)

Robeco Institutional Asset Management B.V. lifted its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 26.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,524 shares of the company's stock after purchasing an additional 4,662 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Dollar Tree were worth $1,688,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of DLTR. Northwestern Mutual Wealth Management Co. boosted its position in Dollar Tree by 101.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,960 shares of the company's stock worth $316,000 after purchasing an additional 1,490 shares during the period. Sanctuary Advisors LLC bought a new position in Dollar Tree in the 2nd quarter worth approximately $779,000. Czech National Bank grew its stake in Dollar Tree by 4.2% in the 3rd quarter. Czech National Bank now owns 41,159 shares of the company's stock valued at $2,894,000 after buying an additional 1,670 shares in the last quarter. Park Avenue Securities LLC grew its stake in Dollar Tree by 9.6% in the 3rd quarter. Park Avenue Securities LLC now owns 16,458 shares of the company's stock valued at $1,157,000 after buying an additional 1,447 shares in the last quarter. Finally, Chemistry Wealth Management LLC raised its holdings in Dollar Tree by 20.3% during the 3rd quarter. Chemistry Wealth Management LLC now owns 6,260 shares of the company's stock valued at $440,000 after acquiring an additional 1,055 shares during the period. Institutional investors own 97.40% of the company's stock.

Dollar Tree Trading Down 2.5 %

Dollar Tree stock traded down $1.86 during mid-day trading on Friday, hitting $72.66. The company's stock had a trading volume of 1,911,654 shares, compared to its average volume of 2,748,701. The business has a 50 day moving average price of $72.83 and a 200-day moving average price of $76.06. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.03 and a quick ratio of 0.17. Dollar Tree, Inc. has a 12 month low of $60.49 and a 12 month high of $151.21. The stock has a market cap of $15.62 billion, a price-to-earnings ratio of -15.23, a price-to-earnings-growth ratio of 2.34 and a beta of 0.89.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last released its earnings results on Wednesday, December 4th. The company reported $1.12 earnings per share for the quarter, beating analysts' consensus estimates of $1.07 by $0.05. Dollar Tree had a positive return on equity of 16.89% and a negative net margin of 3.34%. The company had revenue of $7.57 billion during the quarter, compared to analyst estimates of $7.45 billion. During the same quarter in the previous year, the company posted $0.97 EPS. Dollar Tree's revenue for the quarter was up 3.5% on a year-over-year basis. As a group, analysts forecast that Dollar Tree, Inc. will post 5.39 EPS for the current year.

Analysts Set New Price Targets

DLTR has been the subject of several recent research reports. BMO Capital Markets lifted their price target 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. Jefferies Financial Group lifted their target price on Dollar Tree from $70.00 to $75.00 and gave the company a "hold" rating in a report on Wednesday, December 4th. Citigroup increased their price target on shares of Dollar Tree from $64.00 to $76.00 and gave the stock a "neutral" rating in a report on Thursday, December 5th. Guggenheim reduced their price objective on shares of Dollar Tree from $120.00 to $100.00 and set a "buy" rating for the company in a research note on Friday, December 6th. Finally, Loop Capital upped their target price on shares of Dollar Tree from $65.00 to $75.00 and gave the stock a "hold" rating in a report on Thursday, December 5th. Seventeen analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $85.58.

Dollar Tree 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.