Marshall Wace LLP Grows Holdings in Dollar Tree, Inc. (NASDAQ:DLTR)

Marshall Wace LLP increased its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 784.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,377,366 shares of the company's stock after buying an additional 3,882,324 shares during the period. Marshall Wace LLP owned 2.04% of Dollar Tree worth $328,040,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Assetmark Inc. increased its holdings in shares of Dollar Tree by 74.1% in the fourth quarter. Assetmark Inc. now owns 350 shares of the company's stock valued at $26,000 after purchasing an additional 149 shares in the last quarter. Bessemer Group Inc. increased its holdings in shares of Dollar Tree by 34,600.0% in the fourth quarter. Bessemer Group Inc. now owns 347 shares of the company's stock worth $26,000 after acquiring an additional 346 shares in the last quarter. Versant Capital Management Inc acquired a new position in shares of Dollar Tree in the fourth quarter valued at approximately $30,000. Parkside Financial Bank & Trust lifted its stake 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 acquiring an additional 232 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its position in Dollar Tree by 91.3% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 440 shares of the company's stock worth $33,000 after buying an additional 210 shares in the last quarter. Institutional investors own 97.40% of the company's stock.

Insiders Place Their Bets

In related news, CAO Aditya Maheshwari sold 1,238 shares of Dollar Tree 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 completion of the sale, the chief accounting officer now directly owns 4,231 shares in the company, valued at approximately $316,055.70. This trade represents a 22.64 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William W. Douglas III bought 701 shares of the stock in a transaction on Wednesday, April 2nd. The shares were bought at an average price of $75.00 per share, for a total transaction of $52,575.00. Following the purchase, the director now directly owns 1,377 shares in the company, valued at approximately $103,275. This trade represents a 103.70 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 6.80% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on DLTR shares. Evercore ISI increased their price objective on shares of Dollar Tree from $79.00 to $85.00 and gave the company an "in-line" rating in a research report on Thursday, March 27th. Telsey Advisory Group boosted their price target on Dollar Tree from $75.00 to $82.00 and gave the company a "market perform" rating in a research note on Thursday, March 27th. UBS Group dropped their price objective on Dollar Tree from $105.00 to $95.00 and set a "buy" rating for the company in a research report on Friday, March 21st. Loop Capital reissued a "hold" rating on shares of Dollar Tree in a research note on Thursday, March 27th. Finally, Wells Fargo & Company lifted their price target on shares of Dollar Tree from $85.00 to $90.00 and gave the company an "overweight" rating in a report on Tuesday, April 1st. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $81.84.

Dollar Tree Trading Down 1.0 %

Shares of NASDAQ DLTR traded down $0.80 during midday trading on Monday, hitting $78.34. 1,799,078 shares of the company traded hands, compared to its average volume of 3,931,784. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.17 and a current ratio of 1.03. Dollar Tree, Inc. has a 12-month low of $60.49 and a 12-month high of $123.41. The stock has a 50-day moving average price of $71.05 and a 200 day moving average price of $70.46. The firm has a market cap of $16.85 billion, a P/E ratio of -16.42, a P/E/G ratio of 2.16 and a beta of 0.87.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last released its earnings results on Wednesday, March 26th. The company reported $2.11 EPS for the quarter, missing analysts' consensus estimates of $2.20 by ($0.09). The firm had revenue of $5 billion during the quarter, compared to analysts' expectations of $8.23 billion. Dollar Tree had a negative net margin of 3.34% and a positive return on equity of 16.89%. The company's revenue for the quarter was up .7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.55 EPS. As a group, analysts expect that Dollar Tree, Inc. will post 5.39 earnings per share for the current year.

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.