Natixis Advisors LLC Has $38.26 Million Stock Holdings in Dollar Tree, Inc. $DLTR

Natixis Advisors LLC raised its position in Dollar Tree, Inc. (NASDAQ:DLTR) by 14.6% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 405,375 shares of the company’s stock after acquiring an additional 51,659 shares during the period. Natixis Advisors LLC’s holdings in Dollar Tree were worth $38,255,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Cary Street Partners Investment Advisory LLC grew its stake in shares of Dollar Tree by 20.3% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 563 shares of the company’s stock worth $53,000 after acquiring an additional 95 shares in the last quarter. Versant Capital Management Inc lifted its position in shares of Dollar Tree by 3.8% in the third quarter. Versant Capital Management Inc now owns 2,867 shares of the company’s stock worth $271,000 after purchasing an additional 106 shares in the last quarter. Deseret Mutual Benefit Administrators boosted its holdings in Dollar Tree by 10.7% during the third quarter. Deseret Mutual Benefit Administrators now owns 1,122 shares of the company’s stock worth $106,000 after purchasing an additional 108 shares during the last quarter. Louisbourg Investments Inc. boosted its holdings in Dollar Tree by 0.3% during the third quarter. Louisbourg Investments Inc. now owns 45,304 shares of the company’s stock worth $4,275,000 after purchasing an additional 144 shares during the last quarter. Finally, Bridgewater Advisors Inc. grew its position in Dollar Tree by 4.5% in the third quarter. Bridgewater Advisors Inc. now owns 3,443 shares of the company’s stock valued at $314,000 after purchasing an additional 149 shares in the last quarter. Institutional investors and hedge funds own 97.40% of the company’s stock.

Dollar Tree Stock Performance

Shares of DLTR stock opened at $115.85 on Tuesday. The company has a fifty day moving average price of $126.89 and a two-hundred day moving average price of $112.81. Dollar Tree, Inc. has a one year low of $61.80 and a one year high of $142.40. The stock has a market cap of $23.04 billion, a P/E ratio of -8.61, a P/E/G ratio of 1.44 and a beta of 0.73. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.96 and a quick ratio of 0.22.

Analyst Ratings Changes

Several equities research analysts have issued reports on DLTR shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $126.00 price target on shares of Dollar Tree in a research note on Thursday, January 8th. BMO Capital Markets cut Dollar Tree from a “market perform” rating to an “underperform” rating and decreased their price objective for the company from $110.00 to $95.00 in a report on Friday, February 13th. Jefferies Financial Group reaffirmed an “underperform” rating and issued a $75.00 target price on shares of Dollar Tree in a research report on Wednesday, December 3rd. Truist Financial set a $156.00 target price on Dollar Tree in a report on Friday, January 16th. Finally, Wells Fargo & Company increased their price target on Dollar Tree from $125.00 to $145.00 and gave the company an “overweight” rating in a research report on Friday, December 19th. Eight equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and seven have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Dollar Tree currently has a consensus rating of “Hold” and an average price target of $124.62.

About Dollar Tree

Dollar Tree, Inc is a North American discount retailer that operates a portfolio of value-oriented store banners, primarily Dollar Tree and Family Dollar. The company’s stores offer a broad assortment of everyday items at low price points, including household essentials, food and snacks, health and beauty products, cleaning supplies, seasonal and party goods, home décor, and basic apparel. Dollar Tree’s merchandising strategy emphasizes high-turnover branded and private-label merchandise tailored to budget-conscious consumers, with Family Dollar complementing the chain by offering a wider range of price points and assortment depth in smaller-format neighborhood locations.

Founded in 1986 and headquartered in Chesapeake, Virginia, Dollar Tree has grown through both organic store openings and acquisitions.