Dollar Tree, Inc. (NASDAQ:DLTR) Shares Purchased by Mitsubishi UFJ Kokusai Asset Management Co. Ltd.

Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in shares of Dollar Tree, Inc. (NASDAQ:DLTRGet Rating) by 6.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 145,888 shares of the company’s stock after purchasing an additional 8,435 shares during the quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. owned 0.07% of Dollar Tree worth $19,855,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ellevest Inc. raised its holdings in shares of Dollar Tree by 452.8% in the second quarter. Ellevest Inc. now owns 199 shares of the company’s stock worth $31,000 after acquiring an additional 163 shares during the last quarter. Newbridge Financial Services Group Inc. raised its holdings in shares of Dollar Tree by 517.1% in the second quarter. Newbridge Financial Services Group Inc. now owns 216 shares of the company’s stock worth $34,000 after acquiring an additional 181 shares during the last quarter. TCI Wealth Advisors Inc. raised its holdings in shares of Dollar Tree by 68.6% in the second quarter. TCI Wealth Advisors Inc. now owns 231 shares of the company’s stock worth $36,000 after acquiring an additional 94 shares during the last quarter. Trust Co. of Vermont acquired a new position in shares of Dollar Tree in the second quarter worth $40,000. Finally, Creative Financial Designs Inc. ADV raised its holdings in shares of Dollar Tree by 300.0% in the second quarter. Creative Financial Designs Inc. ADV now owns 400 shares of the company’s stock worth $62,000 after acquiring an additional 300 shares during the last quarter. 97.04% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Truist Financial set a $170.00 price objective on Dollar Tree in a research report on Thursday, November 24th. Gordon Haskett set a $163.00 price objective on Dollar Tree in a research report on Tuesday, November 22nd. TheStreet raised Dollar Tree from a “c+” rating to a “b-” rating in a research report on Monday, October 31st. UBS Group lifted their price objective on Dollar Tree from $171.00 to $177.00 in a research report on Wednesday, November 23rd. Finally, Credit Suisse Group started coverage on shares of Dollar Tree in a research note on Monday, December 19th. They set a “neutral” rating and a $150.00 price objective for the company. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, Dollar Tree currently has an average rating of “Moderate Buy” and an average price target of $172.13.

Dollar Tree Stock Performance

Dollar Tree stock opened at $147.26 on Monday. The firm has a market capitalization of $32.98 billion, a PE ratio of 20.51, a price-to-earnings-growth ratio of 1.37 and a beta of 0.70. Dollar Tree, Inc. has a one year low of $123.62 and a one year high of $177.19. The stock’s 50 day moving average price is $148.94 and its 200 day moving average price is $151.53. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.17 and a current ratio of 1.38.

Dollar Tree (NASDAQ:DLTRGet Rating) last posted its earnings results on Tuesday, November 22nd. The company reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. The business had revenue of $6.94 billion for the quarter, compared to analysts’ expectations of $6.84 billion. Dollar Tree had a net margin of 5.84% and a return on equity of 19.82%. The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.96 earnings per share. As a group, sell-side analysts expect that Dollar Tree, Inc. will post 7.19 EPS for the current fiscal year.

Dollar Tree Company Profile

(Get Rating)

Dollar Tree, Inc owns and operates discount variety stores offering merchandise at fixed prices. It operates through the Dollar Tree and Family Dollar segments. The Dollar Tree segment includes operations under Dollar Tree and Dollar Tree Canada brands, with its distribution centers in the United States and Canada.

Further Reading

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

Receive News & Ratings for Dollar Tree Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar Tree and related companies with MarketBeat.com's FREE daily email newsletter.