Dollar Tree, Inc. $DLTR Shares Bought by Nordea Investment Management AB

Nordea Investment Management AB raised its stake in Dollar Tree, Inc. (NASDAQ:DLTR) by 18.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 858,636 shares of the company’s stock after buying an additional 130,741 shares during the period. Nordea Investment Management AB owned approximately 0.43% of Dollar Tree worth $106,110,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. EdgePoint Investment Group Inc. grew its holdings in shares of Dollar Tree by 2.9% in the 3rd quarter. EdgePoint Investment Group Inc. now owns 11,138,183 shares of the company’s stock worth $1,051,110,000 after acquiring an additional 312,382 shares during the period. State Street Corp increased its stake in Dollar Tree by 3.5% in the 3rd quarter. State Street Corp now owns 9,421,856 shares of the company’s stock valued at $889,141,000 after purchasing an additional 319,938 shares in the last quarter. Primecap Management Co. CA raised its holdings in Dollar Tree by 6.8% during the third quarter. Primecap Management Co. CA now owns 4,194,049 shares of the company’s stock worth $395,792,000 after purchasing an additional 268,539 shares during the last quarter. Alliancebernstein L.P. boosted its position in Dollar Tree by 4.8% during the third quarter. Alliancebernstein L.P. now owns 3,926,586 shares of the company’s stock worth $370,552,000 after purchasing an additional 180,364 shares in the last quarter. Finally, London Co. of Virginia boosted its position in Dollar Tree by 51.0% during the second quarter. London Co. of Virginia now owns 2,840,104 shares of the company’s stock worth $281,284,000 after purchasing an additional 958,925 shares in the last quarter. 97.40% of the stock is currently owned by institutional investors and hedge funds.

More Dollar Tree News

Here are the key news stories impacting Dollar Tree this week:

• Positive Sentiment: Strong fundamentals: analysts and commentary point to revenue gains from pricing and a shifting customer mix after the quarter, supporting near-term sales momentum. Dollar Tree’s Pricing Adjustments Are Generating Revenue Growth
• Positive Sentiment: Buy-side support: Guggenheim reaffirmed a Buy rating and Telsey Advisory gave an Outperform — these help underpin demand for the shares. Guggenheim Reaffirms “Buy” Rating for Dollar Tree (NASDAQ:DLTR) Dollar Tree (NASDAQ:DLTR) Earns “Outperform” Rating from Telsey Advisory Group
• Positive Sentiment: Conviction from select brokers: Jefferies forecasted strong upside, and Wells Fargo maintained a Buy — both can support further upside if results and execution continue. Jefferies Financial Group Forecasts Strong Price Appreciation for Dollar Tree (NASDAQ:DLTR) Stock Wells Fargo Sticks to Its Buy Rating for Dollar Tree (DLTR)
• Positive Sentiment: Positive commentary & investor guides highlight Dollar Tree as a buy candidate after the quarter and favorable pricing trends. Why You Might Consider an Investment in Dollar Tree Today
• Neutral Sentiment: Management messaging: CEO comments aimed to reassure customers on pricing — supportive for consumer confidence but not a near-term earnings catalyst by itself. Dollar Tree CEO shares reassuring update on prices
• Neutral Sentiment: Mixed industry analysis and weekly market context suggest broader retail volatility (inflation/Fed/risk environment) could affect sentiment toward discount retailers. How the Risk/Reward Calculation Is Changing for Discount Retail (DLTR) MarketBeat Week in Review – 03/16 – 03/20
• Neutral Sentiment: Short-interest report is noisy/ambiguous (data shows zero change and 0 days to cover) — not signaling a clear market pressure or squeeze risk today.
• Negative Sentiment: Relative weakness: a MarketWatch note flagged DLTR underperforming peers on Thursday, which can pressure sentiment if it persists. Dollar Tree Inc. stock underperforms Thursday when compared to competitors
• Negative Sentiment: Bearish broker notes: Citigroup and Morgan Stanley put out pessimistic forecasts — these can cap upside and increase volatility if other brokers follow suit. Citigroup Issues Pessimistic Forecast for Dollar Tree (NASDAQ:DLTR) Stock Price Morgan Stanley Issues Pessimistic Forecast for Dollar Tree (NASDAQ:DLTR) Stock Price

Analysts Set New Price Targets

A number of research analysts have recently weighed in on DLTR shares. Rothschild & Co Redburn set a $165.00 price target on Dollar Tree and gave the company a “buy” rating in a research report on Tuesday, February 17th. Barclays reiterated an “overweight” rating on shares of Dollar Tree in a research report on Monday, March 16th. UBS Group increased their price objective on shares of Dollar Tree from $135.00 to $138.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. Guggenheim restated a “buy” rating and set a $130.00 target price on shares of Dollar Tree in a report on Tuesday, March 17th. Finally, Sanford C. Bernstein lifted their target price on shares of Dollar Tree from $123.00 to $124.00 and gave the stock a “market perform” rating in a research report on Tuesday, March 17th. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $123.24.

Dollar Tree Stock Up 0.3%

Shares of NASDAQ:DLTR opened at $105.92 on Monday. The company has a quick ratio of 0.29, a current ratio of 1.07 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $20.90 billion, a P/E ratio of 16.95, a P/E/G ratio of 1.33 and a beta of 0.73. Dollar Tree, Inc. has a 52-week low of $61.87 and a 52-week high of $142.40. The stock’s fifty day simple moving average is $123.67 and its 200-day simple moving average is $112.81.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings data on Monday, March 16th. The company reported $2.56 EPS for the quarter, topping analysts’ consensus estimates of $2.53 by $0.03. Dollar Tree had a return on equity of 32.24% and a net margin of 6.61%.The firm had revenue of $5.45 billion during the quarter, compared to analysts’ expectations of $5.46 billion. During the same quarter last year, the business posted $2.11 EPS. The firm’s quarterly revenue was up 9.0% compared to the same quarter last year. As a group, equities research analysts forecast that Dollar Tree, Inc. will post 5.39 earnings per share for the current fiscal year.

Dollar Tree Company Profile

Dollar Tree, Inc is a North American discount retailer that operates a portfolio of value-oriented store banners, primarily Dollar Tree and Family Dollar. The company’s stores offer a broad assortment of everyday items at low price points, including household essentials, food and snacks, health and beauty products, cleaning supplies, seasonal and party goods, home décor, and basic apparel. Dollar Tree’s merchandising strategy emphasizes high-turnover branded and private-label merchandise tailored to budget-conscious consumers, with Family Dollar complementing the chain by offering a wider range of price points and assortment depth in smaller-format neighborhood locations.

Founded in 1986 and headquartered in Chesapeake, Virginia, Dollar Tree has grown through both organic store openings and acquisitions.