UMB Bank n.a. Has $94,000 Stock Position in Dollar Tree, Inc. $DLTR

UMB Bank n.a. increased its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 53.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 951 shares of the company’s stock after buying an additional 331 shares during the quarter. UMB Bank n.a.’s holdings in Dollar Tree were worth $94,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Horizon Investments LLC grew its holdings in shares of Dollar Tree by 5.1% during the 1st quarter. Horizon Investments LLC now owns 2,905 shares of the company’s stock valued at $218,000 after purchasing an additional 140 shares during the last quarter. Compton Wealth Advisory Group LLC grew its stake in shares of Dollar Tree by 0.4% during the second quarter. Compton Wealth Advisory Group LLC now owns 34,561 shares of the company’s stock worth $3,423,000 after buying an additional 148 shares during the last quarter. Brooklyn Investment Group increased its holdings in shares of Dollar Tree by 79.0% during the first quarter. Brooklyn Investment Group now owns 358 shares of the company’s stock worth $27,000 after buying an additional 158 shares in the last quarter. Private Trust Co. NA lifted its stake in shares of Dollar Tree by 11.6% in the 1st quarter. Private Trust Co. NA now owns 1,527 shares of the company’s stock valued at $115,000 after acquiring an additional 159 shares during the last quarter. Finally, Cary Street Partners Financial LLC lifted its stake in shares of Dollar Tree by 8.5% in the 1st quarter. Cary Street Partners Financial LLC now owns 2,381 shares of the company’s stock valued at $179,000 after acquiring an additional 186 shares during the last quarter. Institutional investors own 97.40% of the company’s stock.

Insider Transactions at Dollar Tree

In other news, Director Stephanie Stahl sold 1,185 shares of Dollar Tree stock in a transaction on Friday, September 5th. The shares were sold at an average price of $100.32, for a total value of $118,879.20. Following the completion of the sale, the director owned 4,089 shares in the company, valued at $410,208.48. The trade was a 22.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 6.60% of the company’s stock.

Wall Street Analyst Weigh In

DLTR has been the subject of a number of recent research reports. Evercore ISI lowered their target price on Dollar Tree from $108.00 to $105.00 and set an “in-line” rating for the company in a report on Tuesday. JPMorgan Chase & Co. upped their price objective on Dollar Tree from $138.00 to $140.00 and gave the company an “overweight” rating in a research note on Thursday, September 4th. Citigroup dropped their price objective on shares of Dollar Tree from $130.00 to $124.00 and set a “buy” rating for the company in a report on Thursday, September 4th. Cfra Research raised shares of Dollar Tree to a “hold” rating in a report on Wednesday, May 28th. Finally, Wells Fargo & Company restated an “overweight” rating on shares of Dollar Tree in a research report on Wednesday, September 3rd. Eight equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Dollar Tree has an average rating of “Hold” and a consensus target price of $111.29.

Dollar Tree Trading Up 1.3%

DLTR opened at $95.90 on Thursday. Dollar Tree, Inc. has a twelve month low of $60.49 and a twelve month high of $118.06. The company has a fifty day moving average of $108.42 and a 200-day moving average of $93.27. The stock has a market cap of $19.56 billion, a PE ratio of -7.07, a price-to-earnings-growth ratio of 1.72 and a beta of 0.89. The company has a quick ratio of 0.27, a current ratio of 1.04 and a debt-to-equity ratio of 0.67.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings results on Wednesday, September 3rd. The company reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.39. Dollar Tree had a negative net margin of 13.46% and a positive return on equity of 23.52%. The business had revenue of $4.57 billion for the quarter, compared to analysts’ expectations of $4.46 billion. During the same quarter in the prior year, the firm posted $0.67 earnings per share. The business’s quarterly revenue was up 12.3% compared to the same quarter last year. Dollar Tree has set its FY 2025 guidance at 5.320-5.720 EPS. On average, sell-side analysts predict that Dollar Tree, Inc. will post 5.39 EPS for the current year.

Dollar Tree declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, July 9th that authorizes the company to buyback $2.50 billion in outstanding shares. This buyback authorization authorizes the company to reacquire up to 11.5% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its shares are undervalued.

About Dollar Tree

Dollar Tree, Inc operates retail discount stores. The company 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, which includes everyday consumables, such as household paper and chemicals, food, candy, health, personal care products, 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.