Dollar Tree, Inc. (NASDAQ:DLTR) Position Increased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. increased its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 88.7% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 42,499 shares of the company's stock after purchasing an additional 19,975 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Dollar Tree were worth $3,190,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Assetmark Inc. grew its stake 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 during the period. Metis Global Partners LLC boosted its position in Dollar Tree by 3.4% during the 4th quarter. Metis Global Partners LLC now owns 6,773 shares of the company's stock worth $508,000 after purchasing an additional 220 shares during the period. Parkside Financial Bank & Trust increased its holdings in Dollar Tree by 120.8% in the 4th quarter. Parkside Financial Bank & Trust now owns 424 shares of the company's stock valued at $32,000 after purchasing an additional 232 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its position in Dollar Tree by 6.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 4,656 shares of the company's stock valued at $349,000 after purchasing an additional 292 shares during the period. Finally, Wahed Invest LLC lifted its stake in shares of Dollar Tree by 6.1% during the fourth quarter. Wahed Invest LLC now owns 5,205 shares of the company's stock worth $390,000 after purchasing an additional 297 shares in the last quarter. Hedge funds and other institutional investors own 97.40% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on DLTR. UBS Group increased their target price on Dollar Tree from $95.00 to $108.00 and gave the company a "buy" rating in a research note on Thursday, May 29th. Bank of America lowered their price objective 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. Evercore ISI boosted their target price on shares of Dollar Tree from $92.00 to $94.00 and gave the stock an "in-line" rating in a research report on Tuesday, June 24th. Wells Fargo & Company set a $105.00 price target on shares of Dollar Tree and gave the company an "overweight" rating in a report on Monday, June 2nd. Finally, Morgan Stanley boosted their price objective on shares of Dollar Tree from $80.00 to $96.00 and gave the stock an "equal weight" rating in a report on Thursday, June 5th. Two equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $90.37.

Dollar Tree Stock Performance

DLTR traded down $1.26 during trading hours on Friday, hitting $101.76. The company's stock had a trading volume of 2,140,917 shares, compared to its average volume of 4,213,225. The company has a 50-day simple moving average of $91.45 and a 200 day simple moving average of $78.97. The company has a current ratio of 1.04, a quick ratio of 0.72 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of $21.24 billion, a PE ratio of -7.34, a PEG ratio of 2.21 and a beta of 0.86. Dollar Tree, Inc. has a fifty-two week low of $60.49 and a fifty-two week high of $108.93.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last issued its quarterly earnings data on Wednesday, June 4th. The company reported $1.26 earnings per share for the quarter, beating analysts' consensus estimates of $1.21 by $0.05. The business had revenue of $4.64 billion for the quarter, compared to analysts' expectations of $4.52 billion. Dollar Tree had a negative net margin of 12.15% and a positive return on equity of 19.36%. The company's revenue was up 11.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.43 earnings per share. As a group, sell-side analysts expect that Dollar Tree, Inc. will post 5.39 EPS for the current year.

Insider Transactions at Dollar Tree

In other Dollar Tree news, CMO Richard L. Mcneely sold 21,026 shares of the company's stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $94.62, for a total value of $1,989,480.12. Following the completion of the sale, the chief marketing officer directly owned 50,419 shares of the company's stock, valued at approximately $4,770,645.78. This represents a 29.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Aditya Maheshwari sold 1,238 shares of Dollar Tree stock in a transaction that occurred on Monday, April 14th. The stock was sold at an average price of $74.70, for a total transaction of $92,478.60. Following the completion of the transaction, the chief accounting officer directly owned 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. Over the last ninety days, insiders have sold 22,439 shares of company stock worth $2,099,028. 6.60% of the stock is owned by corporate insiders.

About Dollar Tree

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.