BlackRock Inc. grew its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 1.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,337,696 shares of the company’s stock after buying an additional 142,633 shares during the quarter. BlackRock Inc. owned 6.05% of Dollar Tree worth $1,538,577,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Exane Derivatives bought a new position in shares of Dollar Tree during the 4th quarter worth approximately $104,000. Cerebellum GP LLC bought a new stake in shares of Dollar Tree in the 4th quarter worth approximately $127,000. FTB Advisors Inc. raised its holdings in shares of Dollar Tree by 249.2% in the 4th quarter. FTB Advisors Inc. now owns 1,390 shares of the company’s stock worth $149,000 after purchasing an additional 992 shares during the period. First Personal Financial Services bought a new stake in shares of Dollar Tree in the 4th quarter worth approximately $165,000. Finally, Integrated Investment Consultants LLC bought a new stake in shares of Dollar Tree in the 3rd quarter worth approximately $150,000. 90.22% of the stock is currently owned by hedge funds and other institutional investors.

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In related news, Director Thomas A. Saunders sold 12,440 shares of the company’s stock in a transaction on Friday, December 8th. The shares were sold at an average price of $108.15, for a total value of $1,345,386.00. Following the completion of the transaction, the director now directly owns 2,326,702 shares in the company, valued at $251,632,821.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.90% of the stock is currently owned by insiders.

A number of equities research analysts recently commented on the stock. BidaskClub cut shares of Dollar Tree from a “buy” rating to a “hold” rating in a report on Thursday, March 1st. Wells Fargo & Co reaffirmed an “outperform” rating and issued a $128.00 price target (down previously from $138.00) on shares of Dollar Tree in a report on Tuesday, February 27th. OTR Global assumed coverage on shares of Dollar Tree in a report on Tuesday, February 20th. They issued a “positive” rating on the stock. Loop Capital lifted their price target on shares of Dollar Tree from $94.00 to $100.00 and gave the stock a “hold” rating in a report on Monday, February 12th. They noted that the move was a valuation call. Finally, Guggenheim reaffirmed a “buy” rating on shares of Dollar Tree in a report on Wednesday, January 31st. Twelve analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $105.92.

Shares of Dollar Tree, Inc. (NASDAQ:DLTR) traded down $15.40 during trading hours on Wednesday, reaching $88.96. 5,075,634 shares of the company traded hands, compared to its average volume of 2,272,571. Dollar Tree, Inc. has a one year low of $65.63 and a one year high of $116.65. The stock has a market capitalization of $24,335.58, a price-to-earnings ratio of 21.03, a PEG ratio of 1.26 and a beta of 0.80. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.95 and a quick ratio of 0.28.

Dollar Tree (NASDAQ:DLTR) last announced its earnings results on Wednesday, March 7th. The company reported $1.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.90 by ($0.01). Dollar Tree had a return on equity of 18.04% and a net margin of 4.63%. The company had revenue of $6.36 billion during the quarter, compared to analysts’ expectations of $6.39 billion. During the same quarter last year, the firm posted $1.36 earnings per share. The firm’s revenue was up 12.9% on a year-over-year basis. equities analysts predict that Dollar Tree, Inc. will post 4.88 earnings per share for the current fiscal year.

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About Dollar Tree

Dollar Tree, Inc is an operator of discount variety stores. As of January 28, 2017, the Company operated 14,334 stores in 48 states and the District of Columbia, and five Canadian provinces. Its segments include Dollar Tree and Family Dollar. The Dollar Tree segment is the operator of discount variety stores offering merchandise at a fixed price.

Institutional Ownership by Quarter for Dollar Tree (NASDAQ:DLTR)

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