Rothschild Investment LLC Has $418,000 Stake in Dollar Tree, Inc. (NASDAQ:DLTR)

Rothschild Investment LLC trimmed its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 59.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,573 shares of the company's stock after selling 8,241 shares during the period. Rothschild Investment LLC's holdings in Dollar Tree were worth $418,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DLTR. Assetmark Inc. boosted its position in Dollar Tree by 74.1% in the 4th 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 position in Dollar Tree by 34,600.0% in the 4th quarter. Bessemer Group Inc. now owns 347 shares of the company's stock valued at $26,000 after buying an additional 346 shares during the last quarter. Parkside Financial Bank & Trust boosted its position 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 buying an additional 232 shares during the last quarter. Hurley Capital LLC bought a new position in Dollar Tree in the 4th quarter valued at $33,000. Finally, Murphy & Mullick Capital Management Corp bought a new position in Dollar Tree in the 4th quarter valued at $43,000. 97.40% of the stock is owned by institutional investors and hedge funds.

Dollar Tree Trading Up 9.1%

NASDAQ:DLTR traded up $8.05 on Thursday, reaching $96.67. The company's stock had a trading volume of 11,800,696 shares, compared to its average volume of 4,186,588. Dollar Tree, Inc. has a 1-year low of $60.49 and a 1-year high of $115.87. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.17 and a current ratio of 1.03. The firm has a market cap of $20.79 billion, a PE ratio of -20.27, a PEG ratio of 2.16 and a beta of 0.84. The business's 50-day moving average price is $82.10 and its two-hundred day moving average price is $75.13.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last posted its 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. The firm had revenue of $4.64 billion during the quarter, compared to analysts' expectations of $4.52 billion. Dollar Tree had a positive return on equity of 16.89% and a negative net margin of 3.34%. The company's revenue was up 11.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.43 earnings per share. Equities research analysts anticipate that Dollar Tree, Inc. will post 5.39 earnings per share for the current fiscal year.

Analysts Set New Price Targets

DLTR has been the topic of a number of recent research reports. Cfra Research upgraded Dollar Tree to a "hold" rating in a research report on Wednesday, May 28th. Morgan Stanley increased their price objective on Dollar Tree from $80.00 to $96.00 and gave the company an "equal weight" rating in a research report on Thursday. Truist Financial increased their price objective on Dollar Tree from $89.00 to $100.00 and gave the company a "buy" rating in a research report on Monday. JPMorgan Chase & Co. upgraded Dollar Tree from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $72.00 to $111.00 in a research report on Thursday. Finally, Loop Capital reiterated a "hold" rating on shares of Dollar Tree in a research report on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $90.26.

Insider Activity

In related news, Director William W. Douglas III bought 701 shares of the company's stock in a transaction that occurred on Wednesday, April 2nd. The shares were acquired at an average price of $75.00 per share, for a total transaction of $52,575.00. Following the completion of the acquisition, the director now owns 1,377 shares of the company's stock, valued at approximately $103,275. The trade was a 103.70% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Aditya Maheshwari sold 1,238 shares of the company's stock in a transaction dated Monday, April 14th. The stock was sold at an average price of $74.70, for a total value of $92,478.60. Following the sale, the chief accounting officer now owns 4,231 shares in the company, valued at $316,055.70. The trade was 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.