Stephens Inc. AR Has $544,000 Holdings in Dollar Tree, Inc. (NASDAQ:DLTR)

Stephens Inc. AR lessened its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTRFree Report) by 47.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,254 shares of the company’s stock after selling 6,571 shares during the period. Stephens Inc. AR’s holdings in Dollar Tree were worth $544,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Alan B Lancz & Associates Inc. grew its position in shares of Dollar Tree by 6.6% during the 3rd quarter. Alan B Lancz & Associates Inc. now owns 3,250 shares of the company’s stock worth $229,000 after purchasing an additional 200 shares in the last quarter. AM Squared Ltd grew its position in shares of Dollar Tree by 12.5% during the 3rd quarter. AM Squared Ltd now owns 1,800 shares of the company’s stock worth $127,000 after purchasing an additional 200 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its position in shares of Dollar Tree by 91.3% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 440 shares of the company’s stock worth $33,000 after purchasing an additional 210 shares in the last quarter. First Horizon Advisors Inc. grew its position in shares of Dollar Tree by 105.6% during the 3rd quarter. First Horizon Advisors Inc. now owns 553 shares of the company’s stock worth $39,000 after purchasing an additional 284 shares in the last quarter. Finally, Empowered Funds LLC grew its position in shares of Dollar Tree by 8.4% during the 4th quarter. Empowered Funds LLC now owns 3,744 shares of the company’s stock worth $281,000 after purchasing an additional 291 shares in the last quarter. Institutional investors and hedge funds own 97.40% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on DLTR shares. BMO Capital Markets increased their price target on shares of Dollar Tree from $65.00 to $70.00 and gave the stock a “market perform” rating in a research report on Thursday, December 5th. Truist Financial increased their price target on shares of Dollar Tree from $79.00 to $83.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Sanford C. Bernstein started coverage on shares of Dollar Tree in a research report on Tuesday, October 22nd. They set a “market perform” rating and a $76.00 price target on the stock. Citigroup increased their price target on shares of Dollar Tree from $64.00 to $76.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. Finally, JPMorgan Chase & Co. increased their price target on shares of Dollar Tree from $70.00 to $82.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 5th. Seventeen analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $85.58.

Check Out Our Latest Analysis on DLTR

Dollar Tree Price Performance

DLTR stock opened at $71.56 on Friday. The company has a fifty day moving average price of $72.82 and a 200-day moving average price of $74.94. The company has a market capitalization of $15.38 billion, a P/E ratio of -15.00, a PEG ratio of 2.11 and a beta of 0.89. Dollar Tree, Inc. has a 52-week low of $60.49 and a 52-week high of $151.21. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.17 and a current ratio of 1.03.

Dollar Tree (NASDAQ:DLTRGet Free Report) last announced its earnings results on Wednesday, December 4th. The company reported $1.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.07 by $0.05. Dollar Tree had a negative net margin of 3.34% and a positive return on equity of 16.89%. The business had revenue of $7.57 billion during the quarter, compared to the consensus estimate of $7.45 billion. During the same quarter last year, the firm earned $0.97 earnings per share. Dollar Tree’s quarterly revenue was up 3.5% on a year-over-year basis. As a group, equities analysts expect that Dollar Tree, Inc. will post 5.39 EPS for the current year.

Dollar Tree Company Profile

(Free Report)

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.

Further Reading

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

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