Dollar Tree, Inc. (NASDAQ:DLTR) Director Thomas A. Saunders sold 12,440 shares of Dollar Tree stock in a transaction dated Friday, December 8th. The shares were sold at an average price of $108.15, for a total value of $1,345,386.00. Following the completion of the sale, the director now directly owns 2,326,702 shares in the company, valued at approximately $251,632,821.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Dollar Tree, Inc. (NASDAQ:DLTR) opened at $108.67 on Monday. Dollar Tree, Inc. has a 1-year low of $65.63 and a 1-year high of $108.90. The stock has a market capitalization of $25,765.28, a P/E ratio of 24.87, a PEG ratio of 1.70 and a beta of 0.64. The company has a current ratio of 1.95, a quick ratio of 0.28 and a debt-to-equity ratio of 0.91.

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, topping analysts’ consensus estimates of $0.90 by $0.11. Dollar Tree had a return on equity of 18.04% and a net margin of 4.63%. The company had revenue of $5.32 billion during the quarter, compared to analysts’ expectations of $5.28 billion. During the same quarter in the previous year, the company posted $0.72 earnings per share. The business’s revenue was up 6.3% on a year-over-year basis. equities research analysts expect that Dollar Tree, Inc. will post 4.85 EPS for the current year.

Several large investors have recently modified their holdings of the company. Janney Montgomery Scott LLC raised its position in shares of Dollar Tree by 8.8% in the second quarter. Janney Montgomery Scott LLC now owns 8,084 shares of the company’s stock valued at $565,000 after buying an additional 652 shares in the last quarter. Rothschild Asset Management Inc. raised its position in shares of Dollar Tree by 23.6% in the second quarter. Rothschild Asset Management Inc. now owns 7,984 shares of the company’s stock valued at $558,000 after buying an additional 1,522 shares in the last quarter. Candriam Luxembourg S.C.A. raised its position in shares of Dollar Tree by 3.3% in the second quarter. Candriam Luxembourg S.C.A. now owns 16,187 shares of the company’s stock valued at $1,132,000 after buying an additional 513 shares in the last quarter. Retirement Systems of Alabama raised its position in shares of Dollar Tree by 0.6% in the second quarter. Retirement Systems of Alabama now owns 114,760 shares of the company’s stock valued at $8,024,000 after buying an additional 649 shares in the last quarter. Finally, Global X Management Co. LLC raised its position in shares of Dollar Tree by 14.2% in the second quarter. Global X Management Co. LLC now owns 2,464 shares of the company’s stock valued at $172,000 after buying an additional 307 shares in the last quarter. Institutional investors own 89.80% of the company’s stock.

A number of analysts recently issued reports on DLTR shares. Cleveland Research raised Dollar Tree from a “neutral” rating to a “buy” rating in a research report on Wednesday, October 4th. Zacks Investment Research raised Dollar Tree from a “hold” rating to a “buy” rating and set a $100.00 target price on the stock in a research report on Wednesday, October 11th. Raymond James Financial dropped coverage on Dollar Tree in a research report on Saturday, August 26th. Royal Bank Of Canada set a $92.00 target price on Dollar Tree and gave the company a “buy” rating in a research report on Monday, October 30th. Finally, Goldman Sachs Group started coverage on Dollar Tree in a research report on Tuesday, November 14th. They issued a “buy” rating and a $106.00 target price on the stock. Eleven analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company’s stock. Dollar Tree has an average rating of “Buy” and a consensus price target of $101.13.

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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.

Insider Buying and Selling by Quarter for Dollar Tree (NASDAQ:DLTR)

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