Vident Investment Advisory LLC acquired a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,167 shares of the company’s stock, valued at approximately $1,057,000.

Other institutional investors have also bought and sold shares of the company. BlueMountain Capital Management LLC boosted its stake in shares of Dollar Tree by 119.0% during the 2nd quarter. BlueMountain Capital Management LLC now owns 1,518 shares of the company’s stock worth $106,000 after buying an additional 825 shares during the last quarter. Sun Life Financial INC boosted its stake in shares of Dollar Tree by 17,100.0% during the 2nd quarter. Sun Life Financial INC now owns 1,720 shares of the company’s stock worth $120,000 after buying an additional 1,710 shares during the last quarter. YorkBridge Wealth Partners LLC boosted its stake in shares of Dollar Tree by 2.0% during 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 during the last quarter. Advisory Services Network LLC boosted its stake in shares of Dollar Tree by 0.6% during the 2nd quarter. Advisory Services Network LLC now owns 1,924 shares of the company’s stock worth $135,000 after buying an additional 12 shares during the last quarter. Finally, Integrated Investment Consultants LLC acquired a new position in shares of Dollar Tree during the 3rd quarter worth about $150,000. Institutional investors own 89.80% of the company’s stock.

In other Dollar Tree news, CFO Kevin S. Wampler sold 12,559 shares of the stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $103.89, for a total value of $1,304,754.51. Following the transaction, the chief financial officer now directly owns 77,164 shares of the company’s stock, valued at approximately $8,016,567.96. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Thomas A. Saunders sold 12,440 shares of the stock in a transaction dated Friday, December 8th. The shares were sold at an average price of $108.15, for a total transaction of $1,345,386.00. Following the completion of the transaction, the director now directly owns 2,326,702 shares in the company, valued at $251,632,821.30. The disclosure for this sale can be found here. Over the last three months, insiders sold 381,836 shares of company stock worth $36,410,667. Insiders own 4.10% of the company’s stock.

Several equities research analysts recently issued reports on the stock. Piper Jaffray Companies reiterated a “hold” rating and issued a $85.00 target price on shares of Dollar Tree in a research note on Tuesday, August 22nd. BTIG Research reiterated a “buy” rating and issued a $98.00 target price on shares of Dollar Tree in a research note on Wednesday, August 23rd. Deutsche Bank reiterated a “buy” rating and issued a $98.00 target price (up from $95.00) on shares of Dollar Tree in a research note on Thursday, August 24th. Raymond James Financial upgraded shares of Dollar Tree from a “market perform” rating to a “strong-buy” rating and set a $95.00 target price for the company in a research note on Friday, August 25th. Finally, Telsey Advisory Group raised their target price on shares of Dollar Tree from $88.00 to $91.00 and gave the company an “outperform” rating in a research note on Friday, August 25th. Eleven investment 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. The company presently has an average rating of “Buy” and a consensus target price of $101.13.

Dollar Tree, Inc. (NASDAQ:DLTR) opened at $104.65 on Friday. The firm has a market cap of $25,184.39, a PE ratio of 24.31, a price-to-earnings-growth ratio of 1.67 and a beta of 0.64. The company has a quick ratio of 0.28, a current ratio of 1.95 and a debt-to-equity ratio of 0.91. Dollar Tree, Inc. has a fifty-two week low of $65.63 and a fifty-two week high of $109.00.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings results on Tuesday, November 21st. The company reported $1.01 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.90 by $0.11. The firm had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.28 billion. Dollar Tree had a net margin of 4.63% and a return on equity of 18.04%. The business’s revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.72 EPS. equities research analysts anticipate that Dollar Tree, Inc. will post 4.85 earnings per share for the current year.

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About Dollar Tree

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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