110,089 Shares in Dollar Tree, Inc. (NASDAQ:DLTR) Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC bought a new stake in Dollar Tree, Inc. (NASDAQ:DLTR) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 110,089 shares of the company’s stock, valued at approximately $15,638,000. International Assets Investment Management LLC owned about 0.05% of Dollar Tree as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in DLTR. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of Dollar Tree in the third quarter worth $26,000. Operose Advisors LLC bought a new position in shares of Dollar Tree during the 3rd quarter worth about $34,000. City State Bank raised its position in shares of Dollar Tree by 200.0% during the fourth quarter. City State Bank now owns 300 shares of the company’s stock valued at $43,000 after buying an additional 200 shares during the last quarter. Mendota Financial Group LLC bought a new stake in shares of Dollar Tree in the fourth quarter valued at about $52,000. Finally, AM Squared Ltd acquired a new stake in Dollar Tree during the third quarter worth about $53,000. 97.40% of the stock is owned by institutional investors.

Insider Transactions at Dollar Tree

In other news, CFO Jeffrey A. Davis purchased 1,800 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The shares were acquired at an average price of $136.00 per share, for a total transaction of $244,800.00. Following the completion of the acquisition, the chief financial officer now directly owns 19,047 shares in the company, valued at $2,590,392. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Dollar Tree news, Director Daniel J. Heinrich bought 1,000 shares of the company’s stock in a transaction on Monday, March 18th. The stock was bought at an average price of $127.85 per share, for a total transaction of $127,850.00. Following the transaction, the director now owns 6,225 shares of the company’s stock, valued at approximately $795,866.25. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Jeffrey A. Davis purchased 1,800 shares of Dollar Tree stock in a transaction dated Monday, April 1st. The stock was bought at an average price of $136.00 per share, for a total transaction of $244,800.00. Following the completion of the transaction, the chief financial officer now directly owns 19,047 shares in the company, valued at $2,590,392. The disclosure for this purchase can be found here. 6.00% of the stock is currently owned by corporate insiders.

Dollar Tree Stock Up 0.8 %

Shares of NASDAQ:DLTR opened at $120.73 on Friday. The company has a quick ratio of 0.22, a current ratio of 1.31 and a debt-to-equity ratio of 0.47. The firm has a market cap of $26.32 billion, a P/E ratio of -26.13, a P/E/G ratio of 1.13 and a beta of 0.92. Dollar Tree, Inc. has a 12 month low of $102.77 and a 12 month high of $161.10. The company’s 50-day moving average price is $131.52 and its two-hundred day moving average price is $129.32.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings results on Wednesday, March 13th. The company reported $2.55 EPS for the quarter, missing the consensus estimate of $2.67 by ($0.12). Dollar Tree had a negative net margin of 3.26% and a positive return on equity of 15.11%. The company had revenue of $8.63 billion for the quarter, compared to the consensus estimate of $8.66 billion. During the same period last year, the company earned $2.04 earnings per share. Dollar Tree’s revenue for the quarter was up 11.9% compared to the same quarter last year. As a group, research analysts forecast that Dollar Tree, Inc. will post 6.92 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on DLTR shares. Gordon Haskett cut Dollar Tree from a “buy” rating to a “hold” rating and cut their price target for the company from $150.00 to $140.00 in a report on Wednesday, April 3rd. BMO Capital Markets lowered their price target on shares of Dollar Tree from $170.00 to $160.00 and set an “outperform” rating on the stock in a report on Thursday, March 14th. Wells Fargo & Company increased their price objective on shares of Dollar Tree from $160.00 to $180.00 and gave the company an “overweight” rating in a research note on Monday, March 4th. Jefferies Financial Group decreased their target price on shares of Dollar Tree from $130.00 to $128.00 in a research report on Thursday, March 14th. Finally, KeyCorp raised shares of Dollar Tree from a “sector weight” rating to an “overweight” rating and set a $150.00 price target for the company in a research report on Wednesday. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $150.05.

Dollar Tree Company Profile

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.