Coldstream Capital Management Inc. Takes Position in Dollar Tree, Inc. (NASDAQ:DLTR)

Coldstream Capital Management Inc. purchased a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 3,790 shares of the company's stock, valued at approximately $284,000.

Several other hedge funds and other institutional investors have also bought and sold shares of DLTR. Empower Advisory Group LLC boosted its holdings in shares of Dollar Tree by 15.3% in the 4th quarter. Empower Advisory Group LLC now owns 760,423 shares of the company's stock worth $56,986,000 after buying an additional 100,676 shares during the last quarter. Pzena Investment Management LLC bought a new stake in Dollar Tree in the fourth quarter worth about $520,000. Strategic Wealth Investment Group LLC purchased a new position in Dollar Tree in the fourth quarter valued at about $448,000. Intrepid Capital Management Inc. grew its position in shares of Dollar Tree by 103.6% during the 4th quarter. Intrepid Capital Management Inc. now owns 27,026 shares of the company's stock valued at $2,025,000 after acquiring an additional 13,751 shares during the period. Finally, Alberta Investment Management Corp increased its stake in shares of Dollar Tree by 253.2% during the 4th quarter. Alberta Investment Management Corp now owns 93,600 shares of the company's stock worth $7,014,000 after purchasing an additional 67,100 shares during the last quarter. Hedge funds and other institutional investors own 97.40% of the company's stock.

Insider Activity at Dollar Tree

In other Dollar Tree news, CAO Aditya Maheshwari sold 1,238 shares of Dollar Tree stock in a transaction that occurred on Monday, April 14th. The shares were 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 of the company's stock, valued at approximately $316,055.70. This trade represents a 22.64 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director William W. Douglas III acquired 701 shares of the stock in a transaction dated Wednesday, April 2nd. The stock was acquired at an average price of $75.00 per share, with a total value of $52,575.00. Following the completion of the acquisition, the director now owns 1,377 shares in the company, valued at approximately $103,275. The trade was a 103.70 % increase in their position. The disclosure for this purchase can be found here. 6.80% of the stock is currently owned by insiders.

Dollar Tree Trading Down 0.6 %

Shares of Dollar Tree stock opened at $81.27 on Friday. The company has a 50 day simple moving average of $72.40 and a two-hundred day simple moving average of $71.19. The firm has a market cap of $17.48 billion, a PE ratio of -17.04, a PEG ratio of 2.16 and a beta of 0.87. Dollar Tree, Inc. has a 1 year low of $60.49 and a 1 year 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.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last announced its 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). Dollar Tree had a positive return on equity of 16.89% and a negative net margin of 3.34%. The company had revenue of $5 billion during the quarter, compared to analysts' expectations of $8.23 billion. During the same quarter last year, the firm posted $2.55 earnings per share. The firm's revenue was up .7% on a year-over-year basis. Analysts expect that Dollar Tree, Inc. will post 5.39 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on DLTR shares. Bank of America decreased their target price on Dollar Tree from $75.00 to $70.00 and set an "underperform" rating for the company in a research report on Tuesday, April 8th. UBS Group lowered their price objective on Dollar Tree from $105.00 to $95.00 and set a "buy" rating on the stock in a research note on Friday, March 21st. Guggenheim cut their target price on shares of Dollar Tree from $100.00 to $95.00 and set a "buy" rating for the company in a research report on Friday, March 28th. JPMorgan Chase & Co. lowered their price target on shares of Dollar Tree from $88.00 to $78.00 and set a "neutral" rating on the stock in a research report on Thursday, March 27th. Finally, Telsey Advisory Group raised their price objective on shares of Dollar Tree from $75.00 to $82.00 and gave the stock a "market perform" rating in a report on Thursday, March 27th. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $81.84.

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.

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