UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $93.08 Million Holdings in Dollar Tree, Inc. $DLTR

Key Points

• UBS Asset Management increased its holdings in Dollar Tree by 5.1%, now owning approximately 1.24 million shares worth $93.08 million.
• Institutional investors collectively own 97.40% of Dollar Tree's stock, highlighting strong institutional interest.
• Recent analyst upgrades and downgrades have resulted in varied price targets for Dollar Tree, with an average target of $109.28 and ratings ranging from Buy to Hold.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 5.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,239,916 shares of the company's stock after buying an additional 59,606 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.58% of Dollar Tree worth $93,080,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. increased its position in Dollar Tree by 1.7% during the first quarter. Vanguard Group Inc. now owns 23,839,718 shares of the company's stock worth $1,789,648,000 after buying an additional 389,490 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its position in shares of Dollar Tree by 0.7% in the first quarter. T. Rowe Price Investment Management Inc. now owns 9,994,978 shares of the company's stock valued at $750,323,000 after purchasing an additional 74,230 shares during the last quarter. EdgePoint Investment Group Inc. grew its position in shares of Dollar Tree by 21.4% in the first quarter. EdgePoint Investment Group Inc. now owns 9,641,507 shares of the company's stock valued at $723,788,000 after purchasing an additional 1,701,344 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Dollar Tree by 69.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,848,196 shares of the company's stock valued at $439,025,000 after purchasing an additional 2,400,586 shares during the last quarter. Finally, Invesco Ltd. grew its position in shares of Dollar Tree by 8.8% in the first quarter. Invesco Ltd. now owns 3,529,998 shares of the company's stock valued at $264,997,000 after purchasing an additional 286,910 shares during the last quarter. Institutional investors and hedge funds own 97.40% of the company's stock.

Insiders Place Their Bets

In other Dollar Tree news, Director Stephanie Stahl sold 1,185 shares of the company's stock in a transaction on Friday, September 5th. The stock was sold at an average price of $100.32, for a total transaction of $118,879.20. Following the completion of the sale, the director directly owned 4,089 shares in the company, valued at $410,208.48. This represents a 22.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 6.60% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms have recently commented on DLTR. Morgan Stanley upped their target price on Dollar Tree from $96.00 to $105.00 and gave the company an "equal weight" rating in a research report on Friday, September 5th. BNP Paribas downgraded Dollar Tree from a "strong-buy" rating to a "hold" rating in a research report on Thursday, September 4th. Cfra Research raised Dollar Tree to a "hold" rating in a research report on Wednesday, May 28th. Bank of America boosted their price target on Dollar Tree from $70.00 to $75.00 and gave the company an "underperform" rating in a research note on Thursday, September 4th. Finally, Guggenheim cut their price target on Dollar Tree from $130.00 to $125.00 and set a "buy" rating for the company in a research note on Monday, September 8th. Eight equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $109.28.

Dollar Tree Stock Down 2.0%

NASDAQ DLTR opened at $97.45 on Friday. The business has a fifty day moving average price of $110.10 and a two-hundred day moving average price of $91.98. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.04 and a quick ratio of 0.27. Dollar Tree, Inc. has a fifty-two week low of $60.49 and a fifty-two week high of $118.06. The stock has a market capitalization of $19.88 billion, a PE ratio of -7.18, a PEG ratio of 1.81 and a beta of 0.89.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last released its earnings results on Wednesday, September 3rd. The company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.39. Dollar Tree had a positive return on equity of 23.52% and a negative net margin of 13.46%.The firm had revenue of $4.57 billion during the quarter, compared to analysts' expectations of $4.46 billion. During the same period in the prior year, the company earned $0.67 earnings per share. The company's quarterly revenue was up 12.3% on a year-over-year basis. Dollar Tree has set its FY 2025 guidance at 5.320-5.720 EPS. Equities analysts expect that Dollar Tree, Inc. will post 5.39 earnings per share for the current fiscal year.

Dollar Tree declared that its Board of Directors has approved a share buyback plan on Wednesday, July 9th that permits the company to repurchase $2.50 billion in shares. This repurchase authorization permits the company to purchase up to 11.5% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its shares are undervalued.

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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