Dollar Tree, Inc. (NASDAQ:DLTR) Shares Bought by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC grew its holdings in Dollar Tree, Inc. (NASDAQ:DLTR) by 42.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,464 shares of the company’s stock after purchasing an additional 1,038 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in Dollar Tree were worth $492,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the stock. Czech National Bank lifted its holdings in Dollar Tree by 48.7% in the 3rd quarter. Czech National Bank now owns 36,592 shares of the company’s stock valued at $3,895,000 after purchasing an additional 11,978 shares in the last quarter. Handelsbanken Fonder AB boosted its position in Dollar Tree by 1.0% during the third quarter. Handelsbanken Fonder AB now owns 113,084 shares of the company’s stock worth $12,038,000 after acquiring an additional 1,151 shares during the last quarter. Live Oak Private Wealth LLC grew its stake in Dollar Tree by 56.8% in the 3rd quarter. Live Oak Private Wealth LLC now owns 95,074 shares of the company’s stock worth $10,121,000 after acquiring an additional 34,432 shares during the period. Cambridge Investment Research Advisors Inc. grew its stake in Dollar Tree by 13.5% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 34,812 shares of the company’s stock worth $3,706,000 after acquiring an additional 4,129 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its stake in shares of Dollar Tree by 71.2% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 26,894 shares of the company’s stock worth $2,863,000 after purchasing an additional 11,188 shares during the period. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on DLTR shares. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $160.00 price objective on shares of Dollar Tree in a research report on Thursday, March 14th. Loop Capital dropped their price objective on shares of Dollar Tree from $195.00 to $170.00 and set a “buy” rating for the company in a research note on Thursday, March 14th. Gordon Haskett cut shares of Dollar Tree from a “buy” rating to a “hold” rating and decreased their target price for the stock from $150.00 to $140.00 in a research report on Wednesday, April 3rd. StockNews.com upgraded shares of Dollar Tree from a “sell” rating to a “hold” rating in a report on Wednesday, March 27th. Finally, Wells Fargo & Company increased their price target on shares of Dollar Tree from $160.00 to $180.00 and gave the stock an “overweight” rating in a research note on Monday, March 4th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat.com, Dollar Tree has an average rating of “Moderate Buy” and a consensus price target of $150.05.

Dollar Tree Stock Performance

Shares of NASDAQ:DLTR opened at $121.74 on Friday. The company has a 50 day moving average of $134.11 and a two-hundred day moving average of $129.08. Dollar Tree, Inc. has a 52-week low of $102.77 and a 52-week high of $161.10. The company has a quick ratio of 0.22, a current ratio of 1.31 and a debt-to-equity ratio of 0.47.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings results on Wednesday, March 13th. The company reported $2.55 earnings per share for the quarter, missing analysts’ consensus estimates of $2.67 by ($0.12). Dollar Tree had a negative net margin of 3.26% and a positive return on equity of 15.11%. The firm had revenue of $8.63 billion for the quarter, compared to analyst estimates of $8.66 billion. During the same period in the previous year, the business posted $2.04 earnings per share. Dollar Tree’s revenue for the quarter was up 11.9% on a year-over-year basis. Sell-side analysts predict that Dollar Tree, Inc. will post 6.91 EPS for the current fiscal year.

Insider Transactions at Dollar Tree

In other Dollar Tree news, Director Daniel J. Heinrich bought 1,000 shares of the business’s stock in a transaction on Monday, March 18th. The shares were bought at an average cost of $127.85 per share, with a total value of $127,850.00. Following the transaction, the director now directly owns 6,225 shares in the company, valued at approximately $795,866.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, Director Daniel J. Heinrich bought 1,000 shares of the company’s stock in a transaction dated Monday, March 18th. The stock was bought at an average price of $127.85 per share, with a total value of $127,850.00. Following the transaction, the director now owns 6,225 shares of the company’s stock, valued at $795,866.25. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Jeffrey A. Davis bought 1,800 shares of the business’s stock in a transaction dated Monday, April 1st. The stock was bought at an average price of $136.00 per share, for a total transaction of $244,800.00. Following the purchase, the chief financial officer now owns 19,047 shares in the company, valued at approximately $2,590,392. The disclosure for this purchase can be found here. Corporate insiders own 6.00% of the company’s stock.

Dollar Tree Company Profile

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.