Chicago Equity Partners LLC purchased a new stake in Dollar Tree, Inc. (NASDAQ:DLTR) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 3,140 shares of the company’s stock, valued at approximately $337,000.

Several other large investors have also made changes to their positions in DLTR. Macquarie Group Ltd. lifted its holdings in shares of Dollar Tree by 184,411.9% in the 3rd quarter. Macquarie Group Ltd. now owns 8,303,037 shares of the company’s stock valued at $720,869,000 after acquiring an additional 8,298,537 shares during the last quarter. DSM Capital Partners LLC lifted its holdings in shares of Dollar Tree by 1,443,950.0% in the 3rd quarter. DSM Capital Partners LLC now owns 1,213,002 shares of the company’s stock valued at $105,314,000 after acquiring an additional 1,212,918 shares during the last quarter. Mar Vista Investment Partners LLC bought a new position in shares of Dollar Tree in the 3rd quarter valued at about $100,828,000. Russell Investments Group Ltd. lifted its holdings in shares of Dollar Tree by 78.9% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,876,816 shares of the company’s stock valued at $162,931,000 after acquiring an additional 827,665 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Dollar Tree by 37.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,018,412 shares of the company’s stock valued at $175,213,000 after acquiring an additional 549,724 shares during the last quarter. 88.89% of the stock is owned by hedge funds and other institutional investors.

Dollar Tree, Inc. (NASDAQ DLTR) opened at $107.62 on Monday. The stock has a market cap of $25,516.33, a P/E ratio of 24.63, a P/E/G ratio of 1.40 and a beta of 0.71. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.28 and a current ratio of 1.95. Dollar Tree, Inc. has a 1-year low of $65.63 and a 1-year high of $116.65.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings data on Tuesday, November 21st. The company reported $1.01 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.90 by $0.11. The company had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.28 billion. Dollar Tree had a net margin of 4.63% and a return on equity of 18.04%. Dollar Tree’s revenue was up 6.3% compared to the same quarter last year. During the same period last year, the company posted $0.72 earnings per share. equities analysts predict that Dollar Tree, Inc. will post 4.88 EPS for the current year.

In related news, insider David A. Jacobs sold 9,192 shares of Dollar Tree stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $99.80, for a total transaction of $917,361.60. Following the transaction, the insider now directly owns 13,199 shares of the company’s stock, valued at $1,317,260.20. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Kevin S. Wampler sold 12,559 shares of Dollar Tree stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $103.89, for a total transaction of $1,304,754.51. Following the transaction, the chief financial officer now directly owns 77,164 shares in the company, valued at $8,016,567.96. The disclosure for this sale can be found here. Over the last three months, insiders have sold 143,132 shares of company stock worth $14,679,180. 2.90% of the stock is currently owned by corporate insiders.

A number of research analysts recently commented on DLTR shares. BidaskClub downgraded shares of Dollar Tree from a “strong-buy” rating to a “buy” rating in a report on Thursday, December 14th. Wells Fargo & Co reissued an “outperform” rating and issued a $138.00 price objective (up previously from $132.00) on shares of Dollar Tree in a research note on Tuesday, January 23rd. Zacks Investment Research raised shares of Dollar Tree from a “hold” rating to a “buy” rating and set a $121.00 price objective for the company in a research note on Thursday, January 4th. Royal Bank of Canada set a $92.00 price objective on shares of Dollar Tree and gave the stock a “buy” rating in a research note on Monday, October 30th. Finally, Goldman Sachs Group started coverage on shares of Dollar Tree in a research note on Tuesday, November 14th. They issued a “buy” rating and a $106.00 price objective for the company. Eleven equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Dollar Tree has an average rating of “Buy” and a consensus target price of $105.85.

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Dollar Tree Company Profile

Dollar Tree, Inc is an operator of discount variety stores. As of January 28, 2017, the Company operated 14,334 stores in 48 states and the District of Columbia, and five Canadian provinces. Its segments include Dollar Tree and Family Dollar. The Dollar Tree segment is the operator of discount variety stores offering merchandise at a fixed price.

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

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