Blair William & Co. IL increased its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) by 7.2% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,354 shares of the company’s stock after purchasing an additional 630 shares during the quarter. Blair William & Co. IL’s holdings in Dollar Tree were worth $999,000 as of its most recent filing with the SEC.
A number of other large investors have also bought and sold shares of DLTR. D.A. Davidson & CO. bought a new stake in Dollar Tree during the 4th quarter worth approximately $437,000. Corient Private Wealth LLC boosted its position in Dollar Tree by 9.8% during the 4th quarter. Corient Private Wealth LLC now owns 21,302 shares of the company’s stock worth $3,026,000 after acquiring an additional 1,896 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in Dollar Tree by 1.2% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 35,241 shares of the company’s stock worth $5,006,000 after acquiring an additional 429 shares during the last quarter. Stifel Financial Corp boosted its position in Dollar Tree by 10.7% during the 4th quarter. Stifel Financial Corp now owns 91,959 shares of the company’s stock worth $13,063,000 after acquiring an additional 8,895 shares during the last quarter. Finally, Fiduciary Trust Co boosted its position in Dollar Tree by 1.0% during the 4th quarter. Fiduciary Trust Co now owns 10,997 shares of the company’s stock worth $1,562,000 after acquiring an additional 109 shares during the last quarter. 97.40% of the stock is owned by institutional investors.
Insider Buying and Selling at Dollar Tree
In other Dollar Tree news, Director Daniel J. Heinrich bought 2,200 shares of the firm’s stock in a transaction on Friday, September 6th. The shares were purchased at an average price of $68.27 per share, for a total transaction of $150,194.00. Following the completion of the transaction, the director now directly owns 9,823 shares in the company, valued at approximately $670,616.21. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 6.80% of the company’s stock.
Analyst Upgrades and Downgrades
Get Our Latest Stock Analysis on DLTR
Dollar Tree Stock Down 0.7 %
Shares of NASDAQ DLTR opened at $71.29 on Wednesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.17 and a current ratio of 1.02. Dollar Tree, Inc. has a 52 week low of $60.81 and a 52 week high of $151.21. The stock has a market capitalization of $15.32 billion, a P/E ratio of -15.53, a PEG ratio of 2.82 and a beta of 0.87. The stock’s fifty day moving average is $89.40 and its 200 day moving average is $108.23.
Dollar Tree (NASDAQ:DLTR – Get Free Report) last released its earnings results on Wednesday, September 4th. The company reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.37). Dollar Tree had a negative net margin of 3.44% and a positive return on equity of 15.77%. The business had revenue of $7.37 billion during the quarter, compared to the consensus estimate of $7.49 billion. During the same quarter in the prior year, the firm earned $0.91 EPS. The business’s revenue was up .7% on a year-over-year basis. Sell-side analysts forecast that Dollar Tree, Inc. will post 5.33 earnings per share for the current fiscal year.
Dollar Tree 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.
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