Dollar Tree, Inc. $DLTR Shares Sold by Mondrian Investment Partners LTD

Mondrian Investment Partners LTD cut its stake in Dollar Tree, Inc. (NASDAQ:DLTR) by 2.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,056,809 shares of the company’s stock after selling 29,872 shares during the quarter. Dollar Tree makes up approximately 2.1% of Mondrian Investment Partners LTD’s investment portfolio, making the stock its 20th largest position. Mondrian Investment Partners LTD’s holdings in Dollar Tree were worth $129,998,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Covestor Ltd lifted its holdings in Dollar Tree by 60.9% in the fourth quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after acquiring an additional 84 shares during the period. Cary Street Partners Investment Advisory LLC lifted its holdings in Dollar Tree by 20.3% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 563 shares of the company’s stock valued at $53,000 after acquiring an additional 95 shares during the period. MassMutual Private Wealth & Trust FSB lifted its holdings in Dollar Tree by 7.1% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,442 shares of the company’s stock valued at $177,000 after acquiring an additional 95 shares during the period. Deseret Mutual Benefit Administrators lifted its holdings in Dollar Tree by 10.7% in the third quarter. Deseret Mutual Benefit Administrators now owns 1,122 shares of the company’s stock valued at $106,000 after acquiring an additional 108 shares during the period. Finally, Ballentine Partners LLC lifted its holdings in Dollar Tree by 2.9% in the fourth quarter. Ballentine Partners LLC now owns 4,055 shares of the company’s stock valued at $499,000 after acquiring an additional 113 shares during the period. 97.40% of the stock is owned by institutional investors and hedge funds.

Dollar Tree Stock Down 0.8%

Dollar Tree stock opened at $94.98 on Friday. The stock has a market capitalization of $18.50 billion, a PE ratio of 15.20, a price-to-earnings-growth ratio of 1.19 and a beta of 0.61. Dollar Tree, Inc. has a 12 month low of $84.71 and a 12 month high of $142.40. The business has a 50 day simple moving average of $101.51 and a 200-day simple moving average of $114.03. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.07 and a quick ratio of 0.29.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings results on Monday, March 16th. The company reported $2.56 EPS for the quarter, topping the consensus estimate of $2.53 by $0.03. Dollar Tree had a return on equity of 32.24% and a net margin of 6.61%.The firm had revenue of $5.45 billion during the quarter, compared to analysts’ expectations of $5.46 billion. During the same period in the previous year, the business earned $2.11 earnings per share. The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. On average, analysts anticipate that Dollar Tree, Inc. will post 6.73 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have issued reports on DLTR. Guggenheim reissued a “buy” rating and issued a $130.00 price target on shares of Dollar Tree in a report on Tuesday, March 17th. Barclays restated an “overweight” rating on shares of Dollar Tree in a research report on Monday, March 16th. Weiss Ratings cut Dollar Tree from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 13th. Rothschild & Co Redburn set a $165.00 price objective on Dollar Tree and gave the company a “buy” rating in a research report on Tuesday, February 17th. Finally, Morgan Stanley cut their price objective on Dollar Tree from $146.00 to $126.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 17th. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $121.57.

Dollar Tree Profile

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.