HRT Financial LLC purchased a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,606 shares of the company’s stock, valued at approximately $561,000.

Other institutional investors also recently added to or reduced their stakes in the company. Signet Financial Management LLC acquired a new stake in Dollar Tree in the second quarter valued at $121,000. grace capital acquired a new stake in shares of Dollar Tree during the second quarter valued at $153,000. Cerebellum GP LLC boosted its stake in shares of Dollar Tree by 58.9% during the second quarter. Cerebellum GP LLC now owns 2,120 shares of the company’s stock valued at $180,000 after acquiring an additional 786 shares during the last quarter. Fuller & Thaler Asset Management Inc. boosted its stake in shares of Dollar Tree by 46.0% during the second quarter. Fuller & Thaler Asset Management Inc. now owns 2,190 shares of the company’s stock valued at $186,000 after acquiring an additional 690 shares during the last quarter. Finally, Dupont Capital Management Corp boosted its stake in shares of Dollar Tree by 35.2% during the second quarter. Dupont Capital Management Corp now owns 2,206 shares of the company’s stock valued at $188,000 after acquiring an additional 574 shares during the last quarter. Institutional investors and hedge funds own 92.17% of the company’s stock.

Shares of DLTR traded up $1.63 during mid-day trading on Friday, hitting $81.14. The stock had a trading volume of 3,822,025 shares, compared to its average volume of 3,255,396. The firm has a market cap of $19.40 billion, a price-to-earnings ratio of 16.70, a PEG ratio of 1.05 and a beta of 0.74. The company has a current ratio of 2.24, a quick ratio of 0.52 and a debt-to-equity ratio of 0.66. Dollar Tree, Inc. has a fifty-two week low of $78.78 and a fifty-two week high of $116.65.

Dollar Tree (NASDAQ:DLTR) last issued its earnings results on Thursday, August 30th. The company reported $1.15 EPS for the quarter, missing the consensus estimate of $1.16 by ($0.01). Dollar Tree had a return on equity of 17.63% and a net margin of 7.53%. The firm had revenue of $5.53 billion during the quarter, compared to analyst estimates of $5.54 billion. During the same quarter in the previous year, the business posted $0.99 EPS. Dollar Tree’s revenue was up 4.6% compared to the same quarter last year. On average, sell-side analysts predict that Dollar Tree, Inc. will post 5.5 earnings per share for the current fiscal year.

DLTR has been the topic of a number of analyst reports. BidaskClub raised Dollar Tree from a “hold” rating to a “buy” rating in a research note on Thursday, August 2nd. Zacks Investment Research raised Dollar Tree from a “hold” rating to a “buy” rating and set a $104.00 price target on the stock in a research note on Tuesday, August 14th. Credit Suisse Group raised Dollar Tree to a “buy” rating and set a $96.00 price target on the stock in a research note on Thursday, August 30th. Deutsche Bank decreased their price target on Dollar Tree from $112.00 to $94.00 and set a “buy” rating on the stock in a research note on Friday, August 31st. Finally, UBS Group cut their price objective on Dollar Tree from $113.00 to $102.00 and set a “buy” rating on the stock in a report on Friday, August 31st. Two equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and fourteen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $100.83.

In related news, Director Lemuel E. Lewis acquired 1,210 shares of Dollar Tree stock in a transaction that occurred on Thursday, September 27th. The stock was acquired at an average price of $82.75 per share, for a total transaction of $100,127.50. Following the transaction, the director now directly owns 20,114 shares of the company’s stock, valued at approximately $1,664,433.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 1.50% of the company’s stock.

Dollar Tree Company Profile

Dollar Tree, Inc operates discount variety retail stores in the United States and Canada. It operates through two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $1.00. It provides consumable merchandise, including candy and food, and health and beauty care products, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; various merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, and other items; and seasonal goods, which include Valentine's Day, Easter, Halloween, and Christmas merchandise.

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

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