Janus Henderson Group PLC Has $138.90 Million Stock Holdings in Dollar Tree, Inc. (NASDAQ:DLTR)

Janus Henderson Group PLC increased its position in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 0.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,853,432 shares of the company's stock after purchasing an additional 8,670 shares during the period. Janus Henderson Group PLC owned 0.86% of Dollar Tree worth $138,897,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bessemer Group Inc. grew its stake in shares of Dollar Tree by 34,600.0% during the 4th quarter. Bessemer Group Inc. now owns 347 shares of the company's stock worth $26,000 after purchasing an additional 346 shares during the period. Assetmark Inc. boosted its holdings in Dollar Tree by 74.1% during the fourth quarter. Assetmark Inc. now owns 350 shares of the company's stock worth $26,000 after buying an additional 149 shares in the last quarter. Parkside Financial Bank & Trust boosted its holdings in Dollar Tree by 120.8% during the fourth quarter. Parkside Financial Bank & Trust now owns 424 shares of the company's stock worth $32,000 after buying an additional 232 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in Dollar Tree by 91.3% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 440 shares of the company's stock worth $33,000 after buying an additional 210 shares in the last quarter. Finally, Hurley Capital LLC acquired a new stake in Dollar Tree during the 4th quarter valued at $33,000. 97.40% of the stock is owned by hedge funds and other institutional investors.

Dollar Tree Stock Performance

Dollar Tree stock traded down $0.07 during mid-day trading on Friday, reaching $86.51. The company's stock had a trading volume of 2,661,912 shares, compared to its average volume of 4,061,437. 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 twelve month low of $60.49 and a twelve month high of $123.17. The business has a 50 day moving average price of $75.35 and a 200-day moving average price of $72.45. The firm has a market cap of $18.61 billion, a price-to-earnings ratio of -18.14, a PEG ratio of 2.16 and a beta of 0.87.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last announced its quarterly earnings data 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). Dollar Tree had a negative net margin of 3.34% and a positive return on equity of 16.89%. The business had revenue of $5 billion for the quarter, compared to the consensus estimate of $8.23 billion. During the same period in the prior year, the company earned $2.55 EPS. Dollar Tree's quarterly revenue was up .7% on a year-over-year basis. Sell-side analysts predict that Dollar Tree, Inc. will post 5.39 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have weighed in on DLTR shares. Citigroup upgraded Dollar Tree from a "neutral" rating to a "buy" rating and boosted their price target for the company from $76.00 to $103.00 in a report on Monday, April 7th. Bank of America dropped their price target on shares of Dollar Tree from $75.00 to $70.00 and set an "underperform" rating for the company in a research report on Tuesday, April 8th. Sanford C. Bernstein set a $82.00 price target on shares of Dollar Tree and gave the stock a "market perform" rating in a research report on Monday, May 5th. JPMorgan Chase & Co. dropped 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. Finally, UBS Group dropped their price target on shares of Dollar Tree from $105.00 to $95.00 and set a "buy" rating for the company in a research report on Friday, March 21st. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $82.68.

Insider Buying and Selling

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