Dollar Tree, Inc. (NASDAQ:DLTR) Position Increased by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. lifted its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 32.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 202,699 shares of the company's stock after acquiring an additional 50,026 shares during the period. Fuller & Thaler Asset Management Inc. owned approximately 0.09% of Dollar Tree worth $15,190,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DLTR. Assetmark Inc. lifted its position in Dollar Tree by 74.1% in the fourth quarter. Assetmark Inc. now owns 350 shares of the company's stock valued at $26,000 after purchasing an additional 149 shares during the last quarter. Deseret Mutual Benefit Administrators increased its holdings in Dollar Tree by 20.9% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 907 shares of the company's stock valued at $68,000 after purchasing an additional 157 shares during the period. Checchi Capital Advisers LLC increased its stake in shares of Dollar Tree by 5.6% during the fourth quarter. Checchi Capital Advisers LLC now owns 3,390 shares of the company's stock valued at $254,000 after buying an additional 180 shares during the period. MassMutual Private Wealth & Trust FSB boosted its holdings in Dollar Tree by 91.3% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 440 shares of the company's stock valued at $33,000 after acquiring an additional 210 shares in the last quarter. Finally, Metis Global Partners LLC raised its holdings in Dollar Tree by 3.4% in the 4th quarter. Metis Global Partners LLC now owns 6,773 shares of the company's stock worth $508,000 after purchasing an additional 220 shares in the last quarter. 97.40% of the stock is currently owned by hedge funds and other institutional investors.

Dollar Tree Stock Performance

Dollar Tree stock traded up $0.26 during mid-day trading on Wednesday, reaching $81.15. 942,280 shares of the company were exchanged, compared to its average volume of 3,979,016. Dollar Tree, Inc. has a twelve month low of $60.49 and a twelve month high of $123.17. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.17 and a current ratio of 1.03. The firm's 50-day simple moving average is $72.15 and its two-hundred day simple moving average is $71.02. The firm has a market cap of $17.45 billion, a PE ratio of -17.01, a price-to-earnings-growth ratio of 2.16 and a beta of 0.87.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last posted its quarterly earnings results on Wednesday, March 26th. The company reported $2.11 earnings per share for the quarter, missing analysts' consensus estimates of $2.20 by ($0.09). The company had revenue of $5 billion for the quarter, compared to analyst estimates of $8.23 billion. Dollar Tree had a positive return on equity of 16.89% and a negative net margin of 3.34%. The business's revenue for the quarter was up .7% compared to the same quarter last year. During the same period last year, the company earned $2.55 earnings per share. Equities analysts predict that Dollar Tree, Inc. will post 5.39 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have commented on DLTR. Loop Capital reissued a "hold" rating on shares of Dollar Tree in a research report on Thursday, March 27th. Wells Fargo & Company upped their price objective on Dollar Tree from $85.00 to $90.00 and gave the company an "overweight" rating in a research report on Tuesday, April 1st. Telsey Advisory Group upped their target price on shares of Dollar Tree from $75.00 to $82.00 and gave the company a "market perform" rating in a report on Thursday, March 27th. Evercore ISI boosted their price objective on shares of Dollar Tree from $79.00 to $85.00 and gave the company an "in-line" rating in a research report on Thursday, March 27th. Finally, JPMorgan Chase & Co. lowered their target price on Dollar Tree from $88.00 to $78.00 and set a "neutral" rating on the stock in a research report on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, Dollar Tree has a consensus rating of "Hold" and an average target price of $81.84.

Insider Activity

In related news, CAO Aditya Maheshwari sold 1,238 shares of the business's stock in a transaction dated Monday, April 14th. The stock was sold at an average price of $74.70, for a total value of $92,478.60. Following the completion of the sale, the chief accounting officer now directly owns 4,231 shares of the company's stock, valued at $316,055.70. The trade was a 22.64 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director William W. Douglas III bought 701 shares of the stock in a transaction on Wednesday, April 2nd. The shares were acquired at an average price of $75.00 per share, with a total value of $52,575.00. Following the purchase, the director now owns 1,377 shares of the company's stock, valued at $103,275. The trade was a 103.70 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 6.80% of the company's stock.

Dollar Tree 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.