Intrepid Capital Management Inc. Raises Stake in Dollar Tree, Inc. (NASDAQ:DLTR)

Intrepid Capital Management Inc. grew its stake in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 103.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,026 shares of the company's stock after purchasing an additional 13,751 shares during the quarter. Dollar Tree makes up about 1.0% of Intrepid Capital Management Inc.'s holdings, making the stock its 29th largest position. Intrepid Capital Management Inc.'s holdings in Dollar Tree were worth $2,025,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in DLTR. Pzena Investment Management LLC bought a new stake in Dollar Tree during the fourth quarter valued at approximately $520,000. Empower Advisory Group LLC raised its holdings in shares of Dollar Tree by 15.3% during the fourth quarter. Empower Advisory Group LLC now owns 760,423 shares of the company's stock valued at $56,986,000 after acquiring an additional 100,676 shares in the last quarter. Strategic Wealth Investment Group LLC bought a new position in Dollar Tree in the 4th quarter worth $448,000. Entropy Technologies LP purchased a new position in shares of Dollar Tree during the fourth quarter valued at about $2,173,000. Finally, Alberta Investment Management Corp raised its stake in Dollar Tree by 253.2% in the fourth quarter. Alberta Investment Management Corp now owns 93,600 shares of the company's stock worth $7,014,000 after buying an additional 67,100 shares in the last quarter. Hedge funds and other institutional investors own 97.40% of the company's stock.

Dollar Tree Stock Up 0.5 %

Shares of Dollar Tree stock traded up $0.33 during trading on Friday, hitting $67.55. 13,450,039 shares of the stock traded hands, compared to its average volume of 3,752,676. The company has a current ratio of 1.03, a quick ratio of 0.17 and a debt-to-equity ratio of 0.32. Dollar Tree, Inc. has a 52-week low of $60.49 and a 52-week high of $131.42. The stock's fifty day simple moving average is $71.19 and its 200 day simple moving average is $70.34. The firm has a market cap of $14.53 billion, a P/E ratio of -14.16, a price-to-earnings-growth ratio of 2.16 and a beta of 0.87.

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

Insider Activity at Dollar Tree

In other news, Director William W. Douglas III acquired 701 shares of the business's stock in a transaction dated Wednesday, April 2nd. The shares were acquired at an average cost 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 of the company's stock, valued at approximately $103,275. This trade represents a 103.70 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 6.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

DLTR has been the subject of a number of recent research reports. JPMorgan Chase & Co. lowered their price target on shares of Dollar Tree from $88.00 to $78.00 and set a "neutral" rating for the company in a research report on Thursday, March 27th. Telsey Advisory Group lifted their price objective on shares of Dollar Tree from $75.00 to $82.00 and gave the company a "market perform" rating in a research report on Thursday, March 27th. UBS Group reduced their price target on shares of Dollar Tree from $105.00 to $95.00 and set a "buy" rating on the stock in a report on Friday, March 21st. Evercore ISI boosted their target price on Dollar Tree from $79.00 to $85.00 and gave the stock an "in-line" rating in a research report on Thursday, March 27th. Finally, Guggenheim decreased their price target on shares of Dollar Tree from $100.00 to $95.00 and set a "buy" rating on the stock in a research note on Friday, March 28th. Fifteen analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $81.00.

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.