Vontobel Holding Ltd. Has $702,000 Stake in Dollar Tree, Inc. (NASDAQ:DLTR)

Vontobel Holding Ltd. grew its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 4.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,370 shares of the company’s stock after purchasing an additional 398 shares during the period. Vontobel Holding Ltd.’s holdings in Dollar Tree were worth $702,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in DLTR. Creative Planning raised its holdings in shares of Dollar Tree by 8.6% in the 3rd quarter. Creative Planning now owns 24,673 shares of the company’s stock worth $1,646,000 after acquiring an additional 1,959 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of Dollar Tree by 2.3% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 20,027 shares of the company’s stock worth $1,408,000 after acquiring an additional 441 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Dollar Tree by 124.4% in the 3rd quarter. Blue Trust Inc. now owns 967 shares of the company’s stock worth $68,000 after acquiring an additional 536 shares during the last quarter. Raymond James & Associates raised its holdings in shares of Dollar Tree by 80.6% in the 3rd quarter. Raymond James & Associates now owns 310,084 shares of the company’s stock worth $21,805,000 after acquiring an additional 138,415 shares during the last quarter. Finally, OLD National Bancorp IN raised its holdings in shares of Dollar Tree by 118.3% in the 3rd quarter. OLD National Bancorp IN now owns 4,849 shares of the company’s stock worth $341,000 after acquiring an additional 2,628 shares during the last quarter. Institutional investors and hedge funds own 97.40% of the company’s stock.

Dollar Tree Trading Up 1.5 %

Shares of DLTR stock opened at $75.62 on Thursday. 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. The firm has a market capitalization of $16.26 billion, a PE ratio of -15.85, a PEG ratio of 2.03 and a beta of 0.89. The stock has a fifty day simple moving average of $72.93 and a two-hundred day simple moving average of $73.93.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings data on Wednesday, December 4th. The company reported $1.12 EPS for the quarter, beating the consensus estimate 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 in the prior year, the firm earned $0.97 EPS. The business’s revenue was up 3.5% on a year-over-year basis. On average, analysts predict that Dollar Tree, Inc. will post 5.39 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently weighed in on DLTR. Citigroup upped their target price on shares of Dollar Tree from $64.00 to $76.00 and gave the stock a “neutral” rating in a report on Thursday, December 5th. JPMorgan Chase & Co. upped their target price on shares of Dollar Tree from $70.00 to $82.00 and gave the stock a “neutral” rating in a report on Tuesday, November 5th. BMO Capital Markets upped their price objective 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. Piper Sandler reaffirmed a “neutral” rating and issued a $72.00 price objective (up from $67.00) on shares of Dollar Tree in a research report on Thursday, December 5th. Finally, Evercore ISI reduced their price objective on shares of Dollar Tree from $94.00 to $92.00 and set an “in-line” rating for the company in a research report on Tuesday, December 3rd. Seventeen research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $85.58.

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.