M Holdings Securities Inc. Invests $277,000 in Dollar Tree, Inc. (NASDAQ:DLTR)

M Holdings Securities Inc. bought a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTRGet Rating) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,728 shares of the company’s stock, valued at approximately $277,000.

Several other large investors also recently bought and sold shares of the stock. Mantle Ridge LP boosted its holdings in shares of Dollar Tree by 11,365,431.0% in the 1st quarter. Mantle Ridge LP now owns 11,365,531 shares of the company’s stock valued at $1,820,190,000 after acquiring an additional 11,365,431 shares during the last quarter. Capital World Investors acquired a new position in Dollar Tree during the fourth quarter worth $553,637,000. Winslow Capital Management LLC acquired a new stake in shares of Dollar Tree in the first quarter valued at about $428,709,000. Canada Pension Plan Investment Board raised its position in shares of Dollar Tree by 161.3% in the fourth quarter. Canada Pension Plan Investment Board now owns 4,318,151 shares of the company’s stock valued at $606,787,000 after buying an additional 2,665,651 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Dollar Tree in the fourth quarter valued at about $329,472,000. Hedge funds and other institutional investors own 95.04% of the company’s stock.

Analyst Ratings Changes

DLTR has been the subject of a number of recent research reports. Telsey Advisory Group reduced their target price on shares of Dollar Tree from $185.00 to $170.00 and set an “outperform” rating for the company in a research report on Friday, August 26th. Citigroup upped their price objective on shares of Dollar Tree from $162.00 to $190.00 and gave the company a “buy” rating in a report on Tuesday, May 31st. Morgan Stanley lowered their target price on shares of Dollar Tree from $160.00 to $145.00 and set an “equal weight” rating for the company in a research note on Friday, August 26th. Guggenheim increased their target price on shares of Dollar Tree to $185.00 in a research note on Friday, May 27th. Finally, TheStreet lowered shares of Dollar Tree from a “b” rating to a “c+” rating in a research note on Tuesday, September 13th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $163.47.

Dollar Tree Stock Up 2.9 %

Shares of NASDAQ:DLTR opened at $141.92 on Monday. The firm’s 50 day moving average price is $157.58 and its 200 day moving average price is $157.57. The stock has a market cap of $31.78 billion, a price-to-earnings ratio of 20.45, a price-to-earnings-growth ratio of 1.23 and a beta of 0.74. Dollar Tree, Inc. has a fifty-two week low of $84.26 and a fifty-two week high of $177.19. The company has a quick ratio of 0.22, a current ratio of 1.46 and a debt-to-equity ratio of 0.41.

Dollar Tree (NASDAQ:DLTRGet Rating) last announced its earnings results on Thursday, August 25th. The company reported $1.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.59 by $0.01. The business had revenue of $6.77 billion for the quarter, compared to analyst estimates of $6.80 billion. Dollar Tree had a net margin of 5.77% and a return on equity of 19.83%. The company’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same period last year, the firm posted $1.23 earnings per share. As a group, equities research analysts predict that Dollar Tree, Inc. will post 7.27 earnings per share for the current fiscal year.

Dollar Tree Company Profile

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Dollar Tree, Inc operates discount variety retail stores. It 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, including candy and food, and health and personal 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, arts and crafts supplies, and other items; and seasonal goods that include Christmas, Easter, Halloween, and Valentine's Day merchandise.

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

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