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Closing prices for crude oil, gold and other commodities
Stocks drift as strong week for Wall Street heads for close
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
Is Buying an Aged Corporation a Good Idea?
MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
The Next Big Crisis Is Here (Ad)
Closing prices for crude oil, gold and other commodities
Stocks drift as strong week for Wall Street heads for close
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
Is Buying an Aged Corporation a Good Idea?
MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
The Next Big Crisis Is Here (Ad)
Closing prices for crude oil, gold and other commodities
Stocks drift as strong week for Wall Street heads for close
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
Is Buying an Aged Corporation a Good Idea?
MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
The Next Big Crisis Is Here (Ad)
Closing prices for crude oil, gold and other commodities
Stocks drift as strong week for Wall Street heads for close

Glenmede Trust Co. NA Has $24.34 Million Stock Holdings in Dollar Tree, Inc. (NASDAQ:DLTR)

Glenmede Trust Co. NA decreased its stake in Dollar Tree, Inc. (NASDAQ:DLTR - Get Rating) by 6.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 178,845 shares of the company's stock after selling 13,036 shares during the period. Glenmede Trust Co. NA owned 0.08% of Dollar Tree worth $24,339,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in DLTR. Fairfield Bush & CO. acquired a new stake in shares of Dollar Tree in the first quarter valued at about $86,000. Raymond James Trust N.A. boosted its position in shares of Dollar Tree by 36.5% during the 1st quarter. Raymond James Trust N.A. now owns 3,335 shares of the company's stock valued at $534,000 after purchasing an additional 892 shares in the last quarter. Sequoia Financial Advisors LLC bought a new stake in shares of Dollar Tree during the 1st quarter valued at about $336,000. Candriam Luxembourg S.C.A. boosted its position in shares of Dollar Tree by 9.5% during the 1st quarter. Candriam Luxembourg S.C.A. now owns 12,417 shares of the company's stock valued at $1,988,000 after purchasing an additional 1,081 shares in the last quarter. Finally, Baird Financial Group Inc. boosted its position in shares of Dollar Tree by 21.1% during the 1st quarter. Baird Financial Group Inc. now owns 16,198 shares of the company's stock valued at $2,594,000 after purchasing an additional 2,825 shares in the last quarter. Institutional investors and hedge funds own 97.04% of the company's stock.

Analyst Upgrades and Downgrades


Several equities research analysts recently commented on DLTR shares. StockNews.com started coverage on Dollar Tree in a research report on Wednesday, October 12th. They set a "hold" rating on the stock. Evercore ISI cut their target price on Dollar Tree from $170.00 to $160.00 in a research report on Wednesday, November 23rd. Truist Financial set a $170.00 target price on Dollar Tree in a research report on Thursday, November 24th. OTR Global upgraded Dollar Tree from a "mixed" rating to a "positive" rating in a research report on Wednesday, November 16th. Finally, TheStreet upgraded Dollar Tree from a "c+" rating to a "b-" rating in a report on Monday, October 31st. Four investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $171.13.

Dollar Tree Stock Performance

NASDAQ:DLTR traded down $1.92 during trading hours on Tuesday, reaching $149.07. The stock had a trading volume of 1,641,735 shares, compared to its average volume of 2,009,049. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.17 and a current ratio of 1.38. The stock has a 50 day simple moving average of $147.17 and a 200 day simple moving average of $150.91. Dollar Tree, Inc. has a 12-month low of $124.76 and a 12-month high of $177.19. The stock has a market cap of $33.38 billion, a P/E ratio of 20.95, a price-to-earnings-growth ratio of 1.37 and a beta of 0.70.

Dollar Tree (NASDAQ:DLTR - Get Rating) last released its earnings results on Tuesday, November 22nd. The company reported $1.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.17 by $0.03. Dollar Tree had a return on equity of 19.82% and a net margin of 5.84%. The business had revenue of $6.94 billion during the quarter, compared to the consensus estimate of $6.84 billion. During the same period last year, the business posted $0.96 earnings per share. The business's revenue for the quarter was up 8.1% on a year-over-year basis. On average, research analysts forecast that Dollar Tree, Inc. will post 7.19 EPS for the current fiscal year.

Dollar Tree Profile

(Get Rating)

Dollar Tree, Inc owns and operates discount variety stores offering merchandise at fixed prices. It operates through the Dollar Tree and Family Dollar segments. The Dollar Tree segment includes operations under Dollar Tree and Dollar Tree Canada brands, with its distribution centers in the United States and Canada.

Further Reading

Want to see what other hedge funds are holding DLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dollar Tree, Inc. (NASDAQ:DLTR - Get Rating).

Institutional Ownership by Quarter for Dollar Tree (NASDAQ:DLTR)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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