Frontier Capital Management Co. LLC grew its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 1.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 616,811 shares of the company’s stock after purchasing an additional 8,184 shares during the quarter. Frontier Capital Management Co. LLC owned approximately 0.26% of Dollar Tree worth $53,552,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Advisory Services Network LLC grew its holdings in shares of Dollar Tree by 0.6% during the second quarter. Advisory Services Network LLC now owns 1,924 shares of the company’s stock valued at $135,000 after purchasing an additional 12 shares during the last quarter. Ironwood Investment Management LLC grew its holdings in shares of Dollar Tree by 0.7% during the second quarter. Ironwood Investment Management LLC now owns 4,468 shares of the company’s stock valued at $312,000 after purchasing an additional 31 shares during the last quarter. YorkBridge Wealth Partners LLC grew its holdings in Dollar Tree by 2.0% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 1,877 shares of the company’s stock worth $131,000 after buying an additional 36 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in Dollar Tree by 0.4% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 17,584 shares of the company’s stock worth $1,229,000 after buying an additional 73 shares in the last quarter. Finally, Eads & Heald Investment Counsel grew its holdings in Dollar Tree by 1.6% in the 2nd quarter. Eads & Heald Investment Counsel now owns 7,822 shares of the company’s stock worth $547,000 after buying an additional 120 shares in the last quarter. 90.73% of the stock is owned by institutional investors.

In other Dollar Tree news, Chairman Macon F. Brock, Jr. sold 150,000 shares of the stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $91.13, for a total transaction of $13,669,500.00. Following the transaction, the chairman now directly owns 1,128,795 shares of the company’s stock, valued at $102,867,088.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Chairman Macon F. Brock, Jr. sold 63,000 shares of the stock in a transaction on Friday, October 13th. The stock was sold at an average price of $91.04, for a total transaction of $5,735,520.00. The disclosure for this sale can be found here. Insiders sold 251,449 shares of company stock worth $22,808,837 over the last ninety days. 4.10% of the stock is currently owned by company insiders.

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A number of equities analysts recently issued reports on DLTR shares. Bank of America Corporation started coverage on Dollar Tree in a report on Friday, August 25th. They issued a “buy” rating and a $91.00 price objective for the company. Deutsche Bank AG reissued a “buy” rating and issued a $98.00 price objective (up from $95.00) on shares of Dollar Tree in a report on Thursday, August 24th. BTIG Research reissued a “buy” rating and issued a $98.00 price objective on shares of Dollar Tree in a report on Wednesday, August 23rd. Loop Capital reissued a “buy” rating and issued a $86.00 price objective on shares of Dollar Tree in a report on Wednesday, August 9th. Finally, Buckingham Research reissued a “buy” rating and issued a $87.00 price objective on shares of Dollar Tree in a report on Wednesday, August 9th. Twelve analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $91.91.

Dollar Tree, Inc. (DLTR) opened at $93.75 on Friday. Dollar Tree, Inc. has a one year low of $65.63 and a one year high of $94.80. The company has a quick ratio of 0.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.95. The firm has a market cap of $22,204.22, a price-to-earnings ratio of 22.48, a PEG ratio of 1.53 and a beta of 0.59.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings results on Thursday, August 24th. The company reported $0.99 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.12. Dollar Tree had a net margin of 4.37% and a return on equity of 18.07%. The business had revenue of $5.28 billion for the quarter, compared to the consensus estimate of $5.24 billion. During the same period in the prior year, the business posted $0.72 earnings per share. Dollar Tree’s revenue for the quarter was up 5.7% compared to the same quarter last year. research analysts predict that Dollar Tree, Inc. will post 4.66 EPS for the current fiscal year.

Dollar Tree 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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