Cwm LLC Has $166,000 Stake in Dollar Tree, Inc. (NASDAQ:DLTR)

Cwm LLC trimmed its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 33.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,361 shares of the company’s stock after selling 1,173 shares during the quarter. Cwm LLC’s holdings in Dollar Tree were worth $166,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of DLTR. Primecap Management Co. CA raised its position in Dollar Tree by 50.0% in the 2nd quarter. Primecap Management Co. CA now owns 2,872,460 shares of the company’s stock worth $306,693,000 after purchasing an additional 957,275 shares during the last quarter. Canada Pension Plan Investment Board boosted its holdings in Dollar Tree by 14.0% in the first quarter. Canada Pension Plan Investment Board now owns 2,837,433 shares of the company’s stock valued at $377,804,000 after acquiring an additional 348,442 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Dollar Tree by 5.9% in the second quarter. Dimensional Fund Advisors LP now owns 2,492,814 shares of the company’s stock valued at $266,124,000 after buying an additional 138,042 shares during the period. American Century Companies Inc. grew its holdings in Dollar Tree by 6.6% during the 2nd quarter. American Century Companies Inc. now owns 2,003,910 shares of the company’s stock worth $213,958,000 after acquiring an additional 124,021 shares during the period. Finally, Burgundy Asset Management Ltd. raised its position in shares of Dollar Tree by 0.7% in the 1st quarter. Burgundy Asset Management Ltd. now owns 1,851,494 shares of the company’s stock valued at $246,526,000 after acquiring an additional 12,845 shares during the period. Institutional investors own 97.40% of the company’s stock.

Insider Activity

In other Dollar Tree news, Director Daniel J. Heinrich acquired 2,200 shares of Dollar Tree stock in a transaction that occurred on Friday, September 6th. The shares were acquired at an average cost of $68.27 per share, with a total value of $150,194.00. Following the completion of the purchase, the director now directly owns 9,823 shares of the company’s stock, valued at $670,616.21. This represents a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 6.80% of the company’s stock.

Dollar Tree Stock Performance

DLTR opened at $66.13 on Thursday. Dollar Tree, Inc. has a 1 year low of $60.81 and a 1 year high of $151.21. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.02 and a quick ratio of 0.17. The company has a market capitalization of $14.21 billion, a PE ratio of -14.41, a price-to-earnings-growth ratio of 2.95 and a beta of 0.86. The business has a fifty day simple moving average of $76.21 and a 200 day simple moving average of $99.21.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings data on Wednesday, September 4th. The company reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.37). Dollar Tree had a positive return on equity of 15.77% and a negative net margin of 3.44%. The company had revenue of $7.37 billion for the quarter, compared to the consensus estimate of $7.49 billion. During the same quarter last year, the business earned $0.91 EPS. Dollar Tree’s revenue was up .7% on a year-over-year basis. Research analysts expect that Dollar Tree, Inc. will post 5.33 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on DLTR shares. Sanford C. Bernstein began coverage on shares of Dollar Tree in a research note on Tuesday. They issued a “market perform” rating and a $76.00 target price for the company. Evercore ISI dropped their price objective on shares of Dollar Tree from $105.00 to $100.00 and set an “in-line” rating on the stock in a report on Tuesday. The Goldman Sachs Group reduced their target price on shares of Dollar Tree from $145.00 to $90.00 and set a “buy” rating for the company in a research note on Tuesday, September 10th. Melius Research assumed coverage on Dollar Tree in a research note on Monday, September 23rd. They issued a “hold” rating and a $70.00 price target on the stock. Finally, Redburn Atlantic upgraded Dollar Tree to a “hold” rating in a report on Monday, September 23rd. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $88.53.

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.