9,975 Shares in Dollar Tree, Inc. (NASDAQ:DLTR) Bought by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC bought a new position in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 9,975 shares of the company's stock, valued at approximately $747,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Assetmark Inc. increased 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 valued at $26,000 after buying an additional 149 shares in the last quarter. Deseret Mutual Benefit Administrators grew its holdings in Dollar Tree by 20.9% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 907 shares of the company's stock worth $68,000 after acquiring an additional 157 shares during the last quarter. Checchi Capital Advisers LLC increased its position in Dollar Tree by 5.6% in the 4th quarter. Checchi Capital Advisers LLC now owns 3,390 shares of the company's stock valued at $254,000 after acquiring an additional 180 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in shares of Dollar Tree by 91.3% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 440 shares of the company's stock worth $33,000 after acquiring an additional 210 shares during the last quarter. Finally, Metis Global Partners LLC lifted its position in shares of Dollar Tree by 3.4% during the fourth quarter. Metis Global Partners LLC now owns 6,773 shares of the company's stock worth $508,000 after purchasing an additional 220 shares in the last quarter. Institutional investors own 97.40% of the company's stock.

Dollar Tree Stock Up 1.6 %

Shares of NASDAQ:DLTR traded up $1.32 during midday trading on Wednesday, hitting $83.48. The stock had a trading volume of 6,146,380 shares, compared to its average volume of 3,972,132. The company has a market cap of $17.96 billion, a P/E ratio of -17.50, a PEG ratio of 2.16 and a beta of 0.87. Dollar Tree, Inc. has a 12 month low of $60.49 and a 12 month high of $123.17. The business's 50-day simple moving average is $71.41 and its 200-day simple moving average is $70.61. 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 (NASDAQ:DLTR - Get Free Report) last released its quarterly earnings data on Wednesday, March 26th. The company reported $2.11 earnings per share 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 firm had revenue of $5 billion for the quarter, compared to analyst estimates of $8.23 billion. During the same quarter in the prior year, the firm earned $2.55 earnings per share. The firm's revenue for the quarter was up .7% on a year-over-year basis. On average, sell-side analysts forecast that Dollar Tree, Inc. will post 5.39 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on DLTR shares. Bank of America reduced their price objective on Dollar Tree from $75.00 to $70.00 and set an "underperform" rating on the stock in a report on Tuesday, April 8th. Telsey Advisory Group lifted their price objective on Dollar Tree from $75.00 to $82.00 and gave the stock a "market perform" rating in a research report on Thursday, March 27th. JPMorgan Chase & Co. cut their target price on shares of Dollar Tree from $88.00 to $78.00 and set a "neutral" rating on the stock in a research report on Thursday, March 27th. UBS Group reduced their target price on shares of Dollar Tree from $105.00 to $95.00 and set a "buy" rating on the stock in a research note on Friday, March 21st. Finally, Evercore ISI increased their price objective on shares of Dollar Tree from $79.00 to $85.00 and gave the company an "in-line" rating in a report on Thursday, March 27th. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $81.84.

Insiders Place Their Bets

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

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.