Semper Augustus Investments Group LLC Has $58.74 Million Position in Dollar Tree, Inc. (NASDAQ:DLTR)

Semper Augustus Investments Group LLC increased its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 62.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 783,822 shares of the company’s stock after acquiring an additional 300,384 shares during the quarter. Dollar Tree comprises approximately 10.5% of Semper Augustus Investments Group LLC’s holdings, making the stock its 2nd largest holding. Semper Augustus Investments Group LLC owned 0.36% of Dollar Tree worth $58,740,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of DLTR. Assetmark Inc. raised its position in shares of Dollar Tree by 74.1% during the fourth quarter. Assetmark Inc. now owns 350 shares of the company’s stock valued at $26,000 after buying an additional 149 shares during the last quarter. Bessemer Group Inc. increased its stake in Dollar Tree by 34,600.0% during the fourth quarter. Bessemer Group Inc. now owns 347 shares of the company’s stock valued at $26,000 after acquiring an additional 346 shares during the period. Parkside Financial Bank & Trust raised its holdings in Dollar Tree by 120.8% in the 4th quarter. Parkside Financial Bank & Trust now owns 424 shares of the company’s stock valued at $32,000 after acquiring an additional 232 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in shares of Dollar Tree by 91.3% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 440 shares of the company’s stock worth $33,000 after acquiring an additional 210 shares during the period. Finally, Hurley Capital LLC acquired a new stake in shares of Dollar Tree during the 4th quarter worth approximately $33,000. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Dollar Tree

In other news, Director William W. Douglas III purchased 701 shares of the business’s stock in a transaction that occurred on Wednesday, April 2nd. The shares were acquired at an average cost of $75.00 per share, for a total transaction of $52,575.00. Following the transaction, the director now directly owns 1,377 shares of the company’s stock, valued at approximately $103,275. The trade was a 103.70% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, CAO Aditya Maheshwari sold 1,238 shares of Dollar Tree stock in a transaction that occurred on Monday, April 14th. The stock was sold at an average price of $74.70, for a total transaction of $92,478.60. Following the transaction, the chief accounting officer now directly owns 4,231 shares in the company, valued at $316,055.70. The trade was a 22.64% decrease in their position. The disclosure for this sale can be found here. Insiders own 6.60% of the company’s stock.

Dollar Tree Stock Performance

DLTR stock opened at $86.58 on Friday. The company has a 50 day moving average price of $75.35 and a 200 day moving average price of $72.45. Dollar Tree, Inc. has a fifty-two week low of $60.49 and a fifty-two week high of $123.17. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.03 and a quick ratio of 0.17. The stock has a market capitalization of $18.62 billion, a PE ratio of -18.15, a price-to-earnings-growth ratio of 2.16 and a beta of 0.87.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings results on Wednesday, March 26th. The company reported $2.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.20 by ($0.09). The firm had revenue of $5 billion for the quarter, compared to analyst estimates of $8.23 billion. Dollar Tree had a negative net margin of 3.34% and a positive return on equity of 16.89%. The company’s revenue was up .7% compared to the same quarter last year. During the same period last year, the company earned $2.55 EPS. Analysts forecast that Dollar Tree, Inc. will post 5.39 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Evercore ISI upped their target price on Dollar Tree from $79.00 to $85.00 and gave the company an “in-line” rating in a research note on Thursday, March 27th. Bank of America dropped their price objective on shares of Dollar Tree from $75.00 to $70.00 and set an “underperform” rating for the company in a research note on Tuesday, April 8th. UBS Group decreased their target price on shares of Dollar Tree from $105.00 to $95.00 and set a “buy” rating on the stock in a research report on Friday, March 21st. Sanford C. Bernstein set a $82.00 target price on shares of Dollar Tree and gave the company a “market perform” rating in a research note on Monday, May 5th. Finally, Telsey Advisory Group raised their price target on shares of Dollar Tree from $75.00 to $82.00 and gave the stock a “market perform” rating in a research note on Thursday, March 27th. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, Dollar Tree currently has an average rating of “Hold” and an average price target of $82.68.

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.