Aviva PLC Has $6.16 Million Stock Holdings in Dollar Tree, Inc. $DLTR

Aviva PLC increased its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 315.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,170 shares of the company’s stock after acquiring an additional 47,192 shares during the period. Aviva PLC’s holdings in Dollar Tree were worth $6,157,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. TD Private Client Wealth LLC lifted its holdings in shares of Dollar Tree by 164.0% during the 2nd quarter. TD Private Client Wealth LLC now owns 264 shares of the company’s stock valued at $26,000 after buying an additional 164 shares during the last quarter. Brooklyn Investment Group raised its position in Dollar Tree by 79.0% during the first quarter. Brooklyn Investment Group now owns 358 shares of the company’s stock valued at $27,000 after acquiring an additional 158 shares in the last quarter. Zions Bancorporation National Association UT acquired a new stake in Dollar Tree in the first quarter valued at approximately $30,000. True Wealth Design LLC grew its position in Dollar Tree by 372.5% in the second quarter. True Wealth Design LLC now owns 378 shares of the company’s stock worth $37,000 after acquiring an additional 298 shares in the last quarter. Finally, Ameritas Advisory Services LLC bought a new stake in Dollar Tree in the second quarter worth approximately $43,000. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Dollar Tree Price Performance

NASDAQ DLTR opened at $106.18 on Thursday. The stock has a 50-day simple moving average of $97.17 and a 200 day simple moving average of $99.75. Dollar Tree, Inc. has a twelve month low of $61.70 and a twelve month high of $118.06. The stock has a market capitalization of $21.66 billion, a PE ratio of -7.82, a P/E/G ratio of 1.75 and a beta of 0.86. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.27 and a current ratio of 1.04.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings results on Wednesday, September 3rd. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.38 by $0.39. Dollar Tree had a positive return on equity of 23.52% and a negative net margin of 13.46%.The company had revenue of $4.57 billion for the quarter, compared to the consensus estimate of $4.46 billion. During the same period in the previous year, the business posted $0.67 EPS. The company’s revenue for the quarter was up 12.3% on a year-over-year basis. Dollar Tree has set its FY 2025 guidance at 5.320-5.720 EPS. Research analysts anticipate that Dollar Tree, Inc. will post 5.39 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on DLTR. Barclays upgraded shares of Dollar Tree from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $95.00 to $138.00 in a report on Monday, July 21st. Sanford C. Bernstein restated a “market perform” rating on shares of Dollar Tree in a report on Thursday, October 16th. New Street Research set a $103.00 price target on Dollar Tree in a research note on Thursday, October 16th. Bank of America raised their price objective on Dollar Tree from $70.00 to $75.00 and gave the company an “underperform” rating in a research note on Thursday, September 4th. Finally, Truist Financial boosted their target price on Dollar Tree from $127.00 to $129.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. Nine investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $110.21.

Insider Buying and Selling at Dollar Tree

In other news, Director Stephanie Stahl sold 1,185 shares of the company’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $100.32, for a total transaction of $118,879.20. Following the completion of the transaction, the director owned 4,089 shares of the company’s stock, valued at approximately $410,208.48. This represents a 22.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert Aflatooni sold 1,260 shares of the stock in a transaction dated Friday, October 17th. The shares were sold at an average price of $94.70, for a total transaction of $119,322.00. Following the completion of the sale, the insider owned 21,402 shares of the company’s stock, valued at approximately $2,026,769.40. The trade was a 5.56% decrease in their position. The disclosure for this sale is available in the SEC filing. 6.60% of the stock is owned by corporate insiders.

About Dollar Tree

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.