Kirr Marbach & Co. LLC IN Purchases 3,188 Shares of Dollar Tree, Inc. (NASDAQ:DLTR)

Kirr Marbach & Co. LLC IN grew its position in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 3.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 105,240 shares of the company's stock after purchasing an additional 3,188 shares during the quarter. Dollar Tree makes up approximately 1.8% of Kirr Marbach & Co. LLC IN's portfolio, making the stock its 20th largest holding. Kirr Marbach & Co. LLC IN's holdings in Dollar Tree were worth $7,900,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of DLTR. Allworth Financial LP grew its stake in shares of Dollar Tree by 35.9% in the fourth quarter. Allworth Financial LP now owns 1,564 shares of the company's stock worth $113,000 after acquiring an additional 413 shares during the last quarter. Ieq Capital LLC acquired a new stake in shares of Dollar Tree in the fourth quarter worth $1,834,000. Fisher Funds Management LTD acquired a new stake in shares of Dollar Tree in the fourth quarter worth $2,377,000. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in shares of Dollar Tree by 17.5% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 32,244 shares of the company's stock worth $2,416,000 after acquiring an additional 4,800 shares during the last quarter. Finally, South Dakota Investment Council grew its stake in shares of Dollar Tree by 22.9% in the fourth quarter. South Dakota Investment Council now owns 30,342 shares of the company's stock worth $2,274,000 after acquiring an additional 5,650 shares during the last quarter. Institutional investors own 97.40% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on DLTR. Loop Capital restated a "hold" rating on shares of Dollar Tree in a research note on Thursday, March 27th. JPMorgan Chase & Co. upgraded shares of Dollar Tree from a "neutral" rating to an "overweight" rating and lifted their price target for the stock from $72.00 to $111.00 in a research note on Thursday, June 5th. Citigroup upgraded shares of Dollar Tree from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $76.00 to $103.00 in a research note on Monday, April 7th. Bank of America decreased their price target on shares of Dollar Tree from $75.00 to $70.00 and set an "underperform" rating on the stock in a research note on Tuesday, April 8th. Finally, 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 note on Monday, May 5th. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, Dollar Tree currently has a consensus rating of "Hold" and an average price target of $90.26.

Insider Activity at Dollar Tree

In other news, Director William W. Douglas III acquired 701 shares of the company's stock in a transaction on Wednesday, April 2nd. The stock was purchased at an average cost of $75.00 per share, with a total value of $52,575.00. Following the acquisition, the director now owns 1,377 shares of the company's stock, valued at $103,275. This trade represents a 103.70% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CMO Richard L. Mcneely sold 21,026 shares of the business's stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $94.62, for a total value of $1,989,480.12. Following the sale, the chief marketing officer now directly owns 50,419 shares of the company's stock, valued at $4,770,645.78. This represents a 29.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 22,616 shares of company stock valued at $2,112,402 over the last ninety days. 6.60% of the stock is owned by insiders.

Dollar Tree Stock Up 1.8%

Shares of NASDAQ DLTR opened at $100.51 on Tuesday. The stock has a market cap of $20.98 billion, a PE ratio of -7.25, a PEG ratio of 2.73 and a beta of 0.84. The business has a fifty day moving average of $88.02 and a two-hundred day moving average of $77.45. Dollar Tree, Inc. has a 52-week low of $60.49 and a 52-week high of $109.36. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.72 and a current ratio of 1.04.

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 (EPS) for the quarter, beating analysts' consensus estimates of $1.21 by $0.05. Dollar Tree had a positive return on equity of 19.36% and a negative net margin of 12.15%. The business had revenue of $4.64 billion during the quarter, compared to analysts' expectations of $4.52 billion. During the same period in the previous year, the business posted $1.43 earnings per share. The firm's revenue for the quarter was up 11.3% compared to the same quarter last year. As a group, equities research analysts expect that Dollar Tree, Inc. will post 5.39 earnings per share for the current fiscal year.

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.

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