Dollar Tree, Inc. (NASDAQ:DLTR) Shares Purchased by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd boosted its stake in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 20.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 30,228 shares of the company's stock after acquiring an additional 5,042 shares during the quarter. UniSuper Management Pty Ltd's holdings in Dollar Tree were worth $2,265,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the stock. Assetmark Inc. boosted its stake in shares of Dollar Tree by 74.1% in the fourth quarter. Assetmark Inc. now owns 350 shares of the company's stock worth $26,000 after acquiring an additional 149 shares during the last quarter. Versant Capital Management Inc acquired a new stake in Dollar Tree during the 4th quarter worth $30,000. Parkside Financial Bank & Trust boosted its stake 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 purchasing an additional 232 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings 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 in the last quarter. Finally, Murphy & Mullick Capital Management Corp acquired a new stake in shares of Dollar Tree in the fourth quarter valued at about $43,000. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on DLTR shares. Evercore ISI upped their price objective on shares of Dollar Tree from $79.00 to $85.00 and gave the company an "in-line" rating in a research note on Thursday, March 27th. Wells Fargo & Company upped their price target on Dollar Tree from $85.00 to $90.00 and gave the company an "overweight" rating in a research report on Tuesday. Citigroup increased their price target on Dollar Tree from $64.00 to $76.00 and gave the company a "neutral" rating in a report on Thursday, December 5th. Piper Sandler reissued a "neutral" rating and set a $72.00 price objective (up previously from $67.00) on shares of Dollar Tree in a research note on Thursday, December 5th. Finally, Jefferies Financial Group raised their target price on Dollar Tree from $70.00 to $75.00 and gave the stock a "hold" rating in a research note on Wednesday, December 4th. Sixteen equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Dollar Tree currently has an average rating of "Hold" and a consensus price target of $84.11.

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Dollar Tree Trading Down 10.6 %

NASDAQ:DLTR traded down $8.21 during trading hours on Thursday, reaching $69.36. 11,098,468 shares of the stock were exchanged, compared to its average volume of 3,937,603. Dollar Tree, Inc. has a twelve month low of $60.49 and a twelve month high of $135.94. 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 business has a 50-day moving average of $71.37 and a two-hundred day moving average of $70.41. The company has a market capitalization of $14.92 billion, a price-to-earnings ratio of -14.54, a PEG ratio of 2.16 and a beta of 0.91.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last announced its earnings results on Wednesday, March 26th. The company reported $2.11 EPS for the quarter, missing analysts' consensus estimates of $2.20 by ($0.09). The firm had revenue of $5 billion for the quarter, compared to analysts' expectations of $8.23 billion. Dollar Tree had a negative net margin of 3.34% and a positive return on equity of 16.89%. The business's revenue was up .7% compared to the same quarter last year. During the same quarter last year, the business earned $2.55 earnings per share. On average, equities analysts predict that Dollar Tree, Inc. will post 5.39 EPS for the current year.

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.