Dollar Tree, Inc. (NASDAQ:DLTR) COO Michael A. Witynski sold 6,858 shares of the company’s stock in a transaction dated Monday, June 10th. The shares were sold at an average price of $103.81, for a total transaction of $711,928.98. Following the sale, the chief operating officer now owns 12,657 shares in the company, valued at $1,313,923.17. The sale was disclosed in a filing with the SEC, which is available at this link.

Shares of DLTR stock opened at $106.51 on Wednesday. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.23 and a current ratio of 1.07. The stock has a market capitalization of $24.39 billion, a price-to-earnings ratio of 19.54, a P/E/G ratio of 1.98 and a beta of 0.52. Dollar Tree, Inc. has a one year low of $78.78 and a one year high of $111.61.

Dollar Tree (NASDAQ:DLTR) last issued its earnings results on Thursday, May 30th. The company reported $1.14 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.14. The business had revenue of $5.81 billion for the quarter, compared to the consensus estimate of $5.78 billion. Dollar Tree had a negative net margin of 6.43% and a positive return on equity of 19.13%. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.19 EPS. On average, equities analysts forecast that Dollar Tree, Inc. will post 5.2 EPS for the current fiscal year.

Hedge funds have recently modified their holdings of the business. BlackRock Inc. lifted its position in shares of Dollar Tree by 26.0% in the 4th quarter. BlackRock Inc. now owns 18,317,336 shares of the company’s stock worth $1,654,421,000 after purchasing an additional 3,781,225 shares during the period. Norges Bank purchased a new stake in shares of Dollar Tree in the 4th quarter worth approximately $274,937,000. Jackson Square Partners LLC lifted its position in shares of Dollar Tree by 55.9% in the 1st quarter. Jackson Square Partners LLC now owns 6,599,870 shares of the company’s stock worth $693,250,000 after purchasing an additional 2,367,545 shares during the period. Oregon Public Employees Retirement Fund lifted its position in shares of Dollar Tree by 8,821.2% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 2,327,908 shares of the company’s stock worth $26,000 after purchasing an additional 2,301,814 shares during the period. Finally, Macquarie Group Ltd. lifted its position in shares of Dollar Tree by 15.4% in the 4th quarter. Macquarie Group Ltd. now owns 9,758,673 shares of the company’s stock worth $881,404,000 after purchasing an additional 1,303,200 shares during the period. Institutional investors and hedge funds own 94.58% of the company’s stock.

Several analysts have recently issued reports on DLTR shares. Raymond James set a $107.00 target price on shares of Dollar Tree and gave the company a “buy” rating in a research report on Tuesday, February 26th. BidaskClub cut shares of Dollar Tree from a “buy” rating to a “hold” rating in a research report on Wednesday, February 27th. Telsey Advisory Group restated a “market perform” rating and set a $103.00 target price (up from $90.00) on shares of Dollar Tree in a research report on Thursday, March 7th. Piper Jaffray Companies upped their target price on shares of Dollar Tree to $113.00 and gave the company an “overweight” rating in a research report on Thursday, March 7th. Finally, Credit Suisse Group upped their target price on shares of Dollar Tree from $105.00 to $110.00 and gave the company an “outperform” rating in a research report on Thursday, March 7th. Eleven equities research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $103.72.

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About Dollar Tree

Dollar Tree, Inc operates discount variety retail stores. It operates through two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $1.00. It provides consumable merchandise, including candy and food, and health and beauty care, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, and other items; and seasonal goods that include Valentine's Day, Easter, Halloween, and Christmas merchandise.

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

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