Huntington National Bank grew its position in Dollar Tree, Inc. (NASDAQ:DLTR) by 5.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 234,578 shares of the company’s stock after purchasing an additional 12,792 shares during the quarter. Huntington National Bank’s holdings in Dollar Tree were worth $25,191,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of DLTR. Norges Bank bought a new position in shares of Dollar Tree in the fourth quarter worth approximately $274,937,000. Jackson Square Partners LLC boosted its position in shares of Dollar Tree by 55.9% during the first quarter. Jackson Square Partners LLC now owns 6,599,870 shares of the company’s stock worth $693,250,000 after acquiring an additional 2,367,545 shares during the last quarter. BlackRock Inc. boosted its position in shares of Dollar Tree by 5.6% during the first quarter. BlackRock Inc. now owns 19,341,470 shares of the company’s stock worth $2,031,629,000 after acquiring an additional 1,024,134 shares during the last quarter. Vaughan Nelson Investment Management L.P. bought a new position in shares of Dollar Tree during the first quarter worth $103,473,000. Finally, FIL Ltd boosted its position in shares of Dollar Tree by 30.0% during the first quarter. FIL Ltd now owns 2,199,669 shares of the company’s stock worth $231,053,000 after acquiring an additional 507,511 shares during the last quarter. Institutional investors and hedge funds own 94.45% of the company’s stock.

In other news, Director Thomas A. Saunders sold 1,000 shares of the stock in a transaction on Thursday, July 11th. The shares were sold at an average price of $112.37, for a total value of $112,370.00. Following the sale, the director now owns 2,379,315 shares of the company’s stock, valued at $267,363,626.55. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Joshua R. Jewett sold 3,632 shares of the stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $101.67, for a total transaction of $369,265.44. Following the completion of the sale, the insider now directly owns 6,262 shares in the company, valued at approximately $636,657.54. The disclosure for this sale can be found here. In the last three months, insiders sold 75,789 shares of company stock worth $8,203,018. Insiders own 1.40% of the company’s stock.

A number of brokerages recently weighed in on DLTR. BMO Capital Markets set a $275.00 target price on shares of Costco Wholesale and gave the stock a “buy” rating in a research report on Friday, May 31st. TheStreet lowered shares of Urban Outfitters from a “b-” rating to a “c+” rating in a research report on Thursday, May 30th. KeyCorp restated an “overweight” rating and set a $214.00 target price (up previously from $206.00) on shares of VMware in a research report on Friday, May 31st. Zacks Investment Research lowered shares of Hanger from a “hold” rating to a “sell” rating in a research report on Tuesday, May 28th. Finally, JPMorgan Chase & Co. restated a “buy” rating on shares of Intel in a research report on Tuesday, June 11th. Eleven research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $104.24.

DLTR stock traded down $0.45 during trading on Friday, hitting $106.10. 1,504,652 shares of the company’s stock traded hands, compared to its average volume of 1,506,717. Dollar Tree, Inc. has a 52 week low of $78.78 and a 52 week high of $113.38. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.07 and a quick ratio of 0.23. The firm has a fifty day simple moving average of $109.01. The firm has a market capitalization of $25.21 billion, a PE ratio of 19.47, a price-to-earnings-growth ratio of 2.05 and a beta of 0.53.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings data on Thursday, May 30th. The company reported $1.14 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.14. Dollar Tree had a negative net margin of 6.43% and a positive return on equity of 19.13%. The business had revenue of $5.81 billion during the quarter, compared to analyst estimates of $5.78 billion. During the same quarter last year, the business earned $1.19 earnings per share. Dollar Tree’s quarterly revenue was up 4.6% compared to the same quarter last year. As a group, analysts expect that Dollar Tree, Inc. will post 5.2 earnings per share for the current year.

Dollar Tree Profile

Dollar Tree, Inc operates discount variety retail stores. 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, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, and other items; and seasonal goods that 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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