SG Americas Securities LLC Buys 128,230 Shares of Dollar Tree, Inc. $DLTR

Key Points

• SG Americas Securities LLC increased its stake in Dollar Tree by 261.9%, buying an additional 128,230 shares to own 177,196 shares worth about $21.8 million (≈0.09% of the company).
• Dollar Tree beat Q4 EPS expectations with $2.56 per share (vs. $2.53 consensus), reported $5.45 billion in revenue (up 9% YoY) and posted strong profitability metrics including a 32.24% ROE and a 6.61% net margin.
• Analyst views are mixed—MarketBeat's consensus is "Hold" with an average price target of $123.24, while individual broker targets and ratings range from underperform to overweight (Wells Fargo raised its target to $145).

SG Americas Securities LLC increased its stake in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 261.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 177,196 shares of the company's stock after buying an additional 128,230 shares during the quarter. SG Americas Securities LLC owned approximately 0.09% of Dollar Tree worth $21,797,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in DLTR. Assenagon Asset Management S.A. grew its position in shares of Dollar Tree by 54.2% in the 4th quarter. Assenagon Asset Management S.A. now owns 670,753 shares of the company's stock valued at $82,509,000 after acquiring an additional 235,626 shares during the period. Nordea Investment Management AB raised its holdings in shares of Dollar Tree by 18.0% in the 4th quarter. Nordea Investment Management AB now owns 858,636 shares of the company's stock valued at $106,110,000 after purchasing an additional 130,741 shares during the period. MassMutual Private Wealth & Trust FSB lifted its stake in Dollar Tree by 7.1% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,442 shares of the company's stock valued at $177,000 after purchasing an additional 95 shares during the last quarter. Park Avenue Securities LLC lifted its stake in Dollar Tree by 40.4% in the 4th quarter. Park Avenue Securities LLC now owns 3,021 shares of the company's stock valued at $372,000 after purchasing an additional 870 shares during the last quarter. Finally, Miller Global Investments LLC bought a new position in Dollar Tree during the fourth quarter worth about $448,000. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Dollar Tree Trading Up 1.0%

Shares of DLTR stock opened at $107.00 on Friday. Dollar Tree, Inc. has a 12-month low of $61.87 and a 12-month high of $142.40. The company has a market capitalization of $21.11 billion, a PE ratio of 17.12, a price-to-earnings-growth ratio of 1.33 and a beta of 0.73. The firm has a 50 day moving average price of $120.43 and a two-hundred day moving average price of $112.87. The company has a quick ratio of 0.29, a current ratio of 1.07 and a debt-to-equity ratio of 0.65.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last posted its earnings results on Monday, March 16th. The company reported $2.56 EPS for the quarter, beating the consensus estimate of $2.53 by $0.03. The company had revenue of $5.45 billion for the quarter, compared to the consensus estimate of $5.46 billion. Dollar Tree had a return on equity of 32.24% and a net margin of 6.61%.The firm's revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.11 earnings per share. As a group, analysts predict that Dollar Tree, Inc. will post 5.39 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have weighed in on DLTR. Wells Fargo & Company boosted their price target on Dollar Tree from $125.00 to $145.00 and gave the stock an "overweight" rating in a research report on Friday, December 19th. Jefferies Financial Group lifted their target price on Dollar Tree from $75.00 to $80.00 and gave the stock an "underperform" rating in a research note on Tuesday, March 17th. BTIG Research reissued a "neutral" rating on shares of Dollar Tree in a report on Monday, March 9th. Sanford C. Bernstein increased their price target on Dollar Tree from $123.00 to $124.00 and gave the company a "market perform" rating in a research note on Tuesday, March 17th. Finally, Guggenheim reaffirmed a "buy" rating and set a $130.00 price target on shares of Dollar Tree in a report on Tuesday, March 17th. Eight research analysts have rated the stock with a Buy rating, nine have given a Hold rating and seven have issued a Sell rating to the company. According to MarketBeat.com, Dollar Tree currently has a consensus rating of "Hold" and an average price target of $123.24.

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.

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