37,149 Shares in Dollar Tree, Inc. $DLTR Acquired by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC acquired a new stake in Dollar Tree, Inc. (NASDAQ:DLTR) during the second quarter, Holdings Channel.com reports. The fund acquired 37,149 shares of the company’s stock, valued at approximately $3,679,000.

Several other institutional investors have also added to or reduced their stakes in the company. Decker Retirement Planning Inc. bought a new position in shares of Dollar Tree in the 2nd quarter valued at $3,518,000. True Wealth Design LLC lifted its position in shares of Dollar Tree by 372.5% during the 2nd quarter. True Wealth Design LLC now owns 378 shares of the company’s stock worth $37,000 after buying an additional 298 shares during the last quarter. Tabor Asset Management LP bought a new stake in shares of Dollar Tree during the 2nd quarter worth $2,179,000. Savant Capital LLC acquired a new stake in Dollar Tree in the second quarter valued at about $853,000. Finally, Resona Asset Management Co. Ltd. boosted its stake in Dollar Tree by 5.4% in the second quarter. Resona Asset Management Co. Ltd. now owns 66,287 shares of the company’s stock valued at $6,562,000 after buying an additional 3,382 shares in the last quarter. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Dollar Tree

In other Dollar Tree news, insider Robert Aflatooni sold 1,260 shares of Dollar Tree stock in a transaction dated Friday, October 17th. The stock was sold at an average price of $94.70, for a total transaction of $119,322.00. Following the transaction, the insider directly owned 21,402 shares of the company’s stock, valued at approximately $2,026,769.40. The trade was a 5.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Stephanie Stahl sold 1,185 shares of the company’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $100.32, for a total value of $118,879.20. Following the completion of the sale, the director owned 4,089 shares in the company, valued at $410,208.48. This trade represents a 22.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 6.60% of the company’s stock.

Dollar Tree Stock Performance

Dollar Tree stock opened at $106.29 on Tuesday. The business has a 50 day moving average of $97.19 and a 200-day moving average of $99.53. The company has a market capitalization of $21.68 billion, a P/E ratio of -7.83, a P/E/G ratio of 1.75 and a beta of 0.86. Dollar Tree, Inc. has a 1 year low of $60.49 and a 1 year high of $118.06. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.04 and a quick ratio of 0.27.

Dollar Tree (NASDAQ:DLTR) last posted its earnings results on Wednesday, September 3rd. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.39. Dollar Tree had a negative net margin of 13.46% and a positive return on equity of 23.52%. The firm had revenue of $4.57 billion for the quarter, compared to analyst estimates of $4.46 billion. During the same period in the previous year, the firm posted $0.67 EPS. The company’s revenue for the quarter was up 12.3% compared to the same quarter last year. Dollar Tree has set its FY 2025 guidance at 5.320-5.720 EPS. On average, equities research analysts predict that Dollar Tree, Inc. will post 5.39 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have commented on DLTR. Telsey Advisory Group reissued an “outperform” rating and set a $130.00 target price on shares of Dollar Tree in a research note on Thursday, October 16th. Piper Sandler decreased their price target on shares of Dollar Tree from $112.00 to $108.00 and set a “neutral” rating on the stock in a report on Thursday, September 4th. Gordon Haskett cut shares of Dollar Tree from a “hold” rating to a “reduce” rating and set a $95.00 price objective for the company. in a research report on Wednesday, September 3rd. Evercore ISI set a $100.00 price objective on shares of Dollar Tree in a research note on Tuesday, October 21st. Finally, Wells Fargo & Company decreased their target price on shares of Dollar Tree from $130.00 to $115.00 and set an “overweight” rating on the stock in a research note on Friday, October 10th. Nine analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $110.00.

About Dollar Tree

Dollar Tree, Inc operates retail discount stores. The company operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $ 1.25. It provides consumable merchandise, which includes everyday consumables, such as household paper and chemicals, food, candy, health, personal care products, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, arts and crafts supplies, and other items; and seasonal goods that include Christmas, Easter, Halloween, and Valentine's Day merchandise.