Natixis Advisors L.P. Purchases 16,699 Shares of Dollar Tree, Inc. (NASDAQ:DLTR)

Natixis Advisors L.P. grew its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 25.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 82,042 shares of the company's stock after purchasing an additional 16,699 shares during the period. Natixis Advisors L.P.'s holdings in Dollar Tree were worth $11,653,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cambridge Investment Research Advisors Inc. lifted its position in Dollar Tree by 13.5% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 34,812 shares of the company's stock worth $3,706,000 after buying an additional 4,129 shares during the period. Raymond James & Associates boosted its position in shares of Dollar Tree by 2.2% in the third quarter. Raymond James & Associates now owns 111,442 shares of the company's stock worth $11,863,000 after acquiring an additional 2,434 shares during the last quarter. Stratos Wealth Partners LTD. grew its holdings in Dollar Tree by 22.9% in the third quarter. Stratos Wealth Partners LTD. now owns 3,875 shares of the company's stock valued at $412,000 after purchasing an additional 722 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Dollar Tree by 2.7% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 37,044 shares of the company's stock worth $3,943,000 after purchasing an additional 959 shares during the last quarter. Finally, Mackenzie Financial Corp raised its stake in Dollar Tree by 5.4% during the third quarter. Mackenzie Financial Corp now owns 187,616 shares of the company's stock worth $19,445,000 after purchasing an additional 9,684 shares during the period. 97.40% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Dollar Tree news, CFO Jeffrey A. Davis bought 1,800 shares of the stock in a transaction on Monday, April 1st. The stock was purchased at an average price of $136.00 per share, for a total transaction of $244,800.00. Following the completion of the purchase, the chief financial officer now directly owns 19,047 shares in the company, valued at $2,590,392. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Daniel J. Heinrich purchased 1,000 shares of the business's stock in a transaction that occurred on Monday, March 18th. The shares were acquired at an average price of $127.85 per share, with a total value of $127,850.00. Following the acquisition, the director now owns 6,225 shares in the company, valued at approximately $795,866.25. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Jeffrey A. Davis acquired 1,800 shares of the stock in a transaction that occurred on Monday, April 1st. The shares were bought at an average price of $136.00 per share, with a total value of $244,800.00. Following the completion of the purchase, the chief financial officer now owns 19,047 shares in the company, valued at $2,590,392. The disclosure for this purchase can be found here. 6.00% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

DLTR has been the topic of several research reports. Loop Capital cut their target price on Dollar Tree from $195.00 to $170.00 and set a "buy" rating on the stock in a research report on Thursday, March 14th. StockNews.com raised shares of Dollar Tree from a "sell" rating to a "hold" rating in a research report on Wednesday, March 27th. Telsey Advisory Group reaffirmed an "outperform" rating and set a $160.00 price target on shares of Dollar Tree in a research report on Thursday, March 14th. Guggenheim increased their price objective on shares of Dollar Tree from $155.00 to $170.00 and gave the stock a "buy" rating in a research report on Tuesday, March 5th. Finally, KeyCorp upgraded shares of Dollar Tree from a "sector weight" rating to an "overweight" rating and set a $150.00 target price on the stock in a report on Wednesday, May 1st. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have issued a buy rating to the company's stock. According to MarketBeat, Dollar Tree currently has a consensus rating of "Moderate Buy" and a consensus target price of $150.05.

Dollar Tree Stock Down 1.7 %

Shares of DLTR traded down $2.10 during midday trading on Wednesday, hitting $119.57. The company had a trading volume of 2,314,348 shares, compared to its average volume of 2,710,833. The stock has a market cap of $26.06 billion, a price-to-earnings ratio of -25.88, a PEG ratio of 1.14 and a beta of 0.92. The company's 50 day moving average price is $130.46 and its 200 day moving average price is $129.65. The company has a quick ratio of 0.22, a current ratio of 1.31 and a debt-to-equity ratio of 0.47. Dollar Tree, Inc. has a 52 week low of $102.77 and a 52 week high of $161.10.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last announced its quarterly earnings data on Wednesday, March 13th. The company reported $2.55 earnings per share for the quarter, missing the consensus estimate of $2.67 by ($0.12). Dollar Tree had a negative net margin of 3.26% and a positive return on equity of 15.11%. The firm had revenue of $8.63 billion during the quarter, compared to the consensus estimate of $8.66 billion. During the same period in the prior year, the firm earned $2.04 earnings per share. The firm's quarterly revenue was up 11.9% compared to the same quarter last year. On average, equities research analysts predict that Dollar Tree, Inc. will post 6.92 EPS for the current year.

About Dollar Tree

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.