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Universal Beteiligungs und Servicegesellschaft mbH Makes New Investment in Dollar Tree, Inc. (NASDAQ:DLTR)

Dollar Tree logo with Retail/Wholesale background

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 110,958 shares of the company's stock, valued at approximately $8,315,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.05% of Dollar Tree as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in DLTR. Assetmark Inc. grew its stake 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. boosted its holdings in Dollar Tree by 34,600.0% during the 4th 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 boosted its holdings in Dollar Tree by 120.8% during 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 during the period. Hurley Capital LLC bought a new position in Dollar Tree during the 4th quarter worth approximately $33,000. Finally, Murphy & Mullick Capital Management Corp purchased a new position in Dollar Tree in the 4th quarter worth approximately $43,000. Hedge funds and other institutional investors own 97.40% of the company's stock.

Insider Buying and Selling at Dollar Tree

In other news, CAO Aditya Maheshwari sold 1,238 shares of the 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 completion of the sale, the chief accounting officer now directly owns 4,231 shares of the company's stock, valued at $316,055.70. This represents a 22.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director William W. Douglas III bought 701 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The shares were purchased at an average price of $75.00 per share, for a total transaction of $52,575.00. Following the purchase, the director now owns 1,377 shares in the company, valued at $103,275. This represents a 103.70% increase in their position. The disclosure for this purchase can be found here. 6.60% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on DLTR. Wells Fargo & Company increased their price objective on Dollar Tree from $90.00 to $105.00 and gave the company an "overweight" rating in a research note on Monday. JPMorgan Chase & Co. lowered their price objective on shares of Dollar Tree from $88.00 to $78.00 and set a "neutral" rating for the company in a research note on Thursday, March 27th. UBS Group raised their target price on Dollar Tree from $95.00 to $108.00 and gave the stock a "buy" rating in a research note on Thursday, May 29th. 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. Finally, Loop Capital reiterated a "hold" rating on shares of Dollar Tree in a research report on Thursday, March 27th. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $85.42.

Get Our Latest Research Report on Dollar Tree

Dollar Tree Stock Performance

Dollar Tree stock traded down $8.10 during midday trading on Wednesday, reaching $88.62. 15,579,888 shares of the company traded hands, compared to its average volume of 4,174,343. Dollar Tree, Inc. has a 12 month low of $60.49 and a 12 month high of $121.92. 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 business has a 50 day moving average of $81.67 and a two-hundred day moving average of $74.92. The firm has a market capitalization of $19.06 billion, a price-to-earnings ratio of -18.58, a price-to-earnings-growth ratio of 2.16 and a beta of 0.84.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last released its quarterly earnings results on Wednesday, June 4th. The company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.05. Dollar Tree had a positive return on equity of 16.89% and a negative net margin of 3.34%. The firm had revenue of $4.64 billion for the quarter, compared to analysts' expectations of $4.52 billion. During the same period in the prior year, the firm earned $1.43 EPS. The company's revenue was up 11.3% compared to the same quarter last year. As a group, research analysts predict that Dollar Tree, Inc. will post 5.39 earnings per share for the current year.

About Dollar Tree

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Dollar Tree (NASDAQ:DLTR)

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