Natixis Advisors LLC Buys 51,659 Shares of Dollar Tree, Inc. $DLTR

Key Points

• Natixis Advisors raised its stake in Dollar Tree by 14.6% in Q3, buying 51,659 shares and now owning 405,375 shares worth about $38.3 million (≈0.20% of the company), per its 13F filing.
• Institutional ownership is very high at 97.4%, with large funds like EdgePoint, Primecap, AllianceBernstein and others materially increasing positions, indicating significant institutional accumulation.
• Analyst outlook and valuation: consensus is "Hold" (8 Buys / 10 Holds / 7 Sells) with an average target of $124.62; Dollar Tree has a $23.0B market cap, a negative PE of -8.61, and a 1‑year trading range of $61.80–$142.40.

Natixis Advisors LLC raised its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 14.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 405,375 shares of the company's stock after buying an additional 51,659 shares during the quarter. Natixis Advisors LLC owned about 0.20% of Dollar Tree worth $38,255,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. EdgePoint Investment Group Inc. increased its stake in Dollar Tree by 12.3% in the second quarter. EdgePoint Investment Group Inc. now owns 10,825,801 shares of the company's stock valued at $1,072,187,000 after purchasing an additional 1,184,294 shares in the last quarter. Primecap Management Co. CA boosted its position in shares of Dollar Tree by 6.8% during the third quarter. Primecap Management Co. CA now owns 4,194,049 shares of the company's stock worth $395,792,000 after purchasing an additional 268,539 shares in the last quarter. Alliancebernstein L.P. boosted its position in shares of Dollar Tree by 176.9% during the second quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company's stock worth $371,026,000 after purchasing an additional 2,393,172 shares in the last quarter. London Co. of Virginia grew its holdings in shares of Dollar Tree by 51.0% in the 2nd quarter. London Co. of Virginia now owns 2,840,104 shares of the company's stock valued at $281,284,000 after buying an additional 958,925 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of Dollar Tree by 6.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,653,897 shares of the company's stock valued at $250,445,000 after buying an additional 156,633 shares in the last quarter. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Dollar Tree Price Performance

Shares of NASDAQ DLTR opened at $115.85 on Tuesday. The firm has a market cap of $23.04 billion, a PE ratio of -8.61, a PEG ratio of 1.44 and a beta of 0.73. The company has a current ratio of 0.96, a quick ratio of 0.22 and a debt-to-equity ratio of 0.70. Dollar Tree, Inc. has a 1-year low of $61.80 and a 1-year high of $142.40. The company has a fifty day moving average price of $126.89 and a 200 day moving average price of $112.81.

Wall Street Analyst Weigh In

DLTR has been the topic of several research analyst reports. BMO Capital Markets downgraded Dollar Tree from a "market perform" rating to an "underperform" rating and dropped their price objective for the stock from $110.00 to $95.00 in a research note on Friday, February 13th. Wells Fargo & Company increased their price target on Dollar Tree from $125.00 to $145.00 and gave the stock an "overweight" rating in a report on Friday, December 19th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $126.00 price target on shares of Dollar Tree in a research report on Thursday, January 8th. Evercore raised Dollar Tree to a "hold" rating in a research report on Tuesday, February 3rd. Finally, Jefferies Financial Group reiterated an "underperform" rating and set a $75.00 price objective on shares of Dollar Tree in a report on Wednesday, December 3rd. Eight research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and seven have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $124.62.

About Dollar Tree

Dollar Tree, Inc is a North American discount retailer that operates a portfolio of value-oriented store banners, primarily Dollar Tree and Family Dollar. The company's stores offer a broad assortment of everyday items at low price points, including household essentials, food and snacks, health and beauty products, cleaning supplies, seasonal and party goods, home décor, and basic apparel. Dollar Tree's merchandising strategy emphasizes high-turnover branded and private-label merchandise tailored to budget-conscious consumers, with Family Dollar complementing the chain by offering a wider range of price points and assortment depth in smaller-format neighborhood locations.

Founded in 1986 and headquartered in Chesapeake, Virginia, Dollar Tree has grown through both organic store openings and acquisitions.

Want to see what other hedge funds are holding DLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dollar Tree, Inc. (NASDAQ:DLTR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.