Dollar Tree, Inc. (NASDAQ:DLTR) Holdings Decreased by Ossiam

Ossiam trimmed its holdings in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 4.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 194,879 shares of the company's stock after selling 9,955 shares during the quarter. Ossiam owned about 0.09% of Dollar Tree worth $14,604,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Assetmark Inc. increased its holdings in shares of Dollar Tree by 74.1% during the 4th quarter. Assetmark Inc. now owns 350 shares of the company's stock worth $26,000 after buying an additional 149 shares during the last quarter. Deseret Mutual Benefit Administrators boosted its holdings in Dollar Tree by 20.9% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 907 shares of the company's stock valued at $68,000 after acquiring an additional 157 shares during the last quarter. Checchi Capital Advisers LLC grew its position in Dollar Tree by 5.6% during the fourth quarter. Checchi Capital Advisers LLC now owns 3,390 shares of the company's stock valued at $254,000 after acquiring an additional 180 shares during the period. MassMutual Private Wealth & Trust FSB increased its stake in Dollar Tree by 91.3% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 440 shares of the company's stock worth $33,000 after acquiring an additional 210 shares during the last quarter. Finally, Metis Global Partners LLC increased its stake in Dollar Tree by 3.4% during the fourth quarter. Metis Global Partners LLC now owns 6,773 shares of the company's stock worth $508,000 after acquiring an additional 220 shares during the last quarter. Institutional investors and hedge funds own 97.40% of the company's stock.

Wall Street Analysts Forecast Growth

DLTR has been the subject of a number of research reports. Telsey Advisory Group boosted their target price on Dollar Tree from $75.00 to $82.00 and gave the stock a "market perform" rating in a report on Thursday, March 27th. Wells Fargo & Company boosted their price objective on shares of Dollar Tree from $85.00 to $90.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 1st. Evercore ISI raised their target price on shares of Dollar Tree from $79.00 to $85.00 and gave the company an "in-line" rating in a research note on Thursday, March 27th. Loop Capital restated a "hold" rating on shares of Dollar Tree in a report on Thursday, March 27th. Finally, JPMorgan Chase & Co. lowered their price target on Dollar Tree from $88.00 to $78.00 and set a "neutral" rating for the company in a report on Thursday, March 27th. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $81.84.

Dollar Tree Stock Performance

Shares of NASDAQ DLTR traded down $1.87 during trading on Thursday, reaching $81.56. The stock had a trading volume of 2,576,397 shares, compared to its average volume of 3,974,019. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.17 and a current ratio of 1.03. The stock has a market cap of $17.54 billion, a PE ratio of -17.08, a P/E/G ratio of 2.16 and a beta of 0.87. Dollar Tree, Inc. has a one year low of $60.49 and a one year high of $123.17. The firm's 50 day moving average price is $71.65 and its two-hundred day moving average price is $70.70.

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

Insiders Place Their Bets

In related news, CAO Aditya Maheshwari sold 1,238 shares of the business's stock in a transaction that occurred on Monday, April 14th. The stock was sold at an average price of $74.70, for a total transaction of $92,478.60. Following the completion of the transaction, the chief accounting officer now owns 4,231 shares in the company, valued at $316,055.70. The trade was a 22.64 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director William W. Douglas III bought 701 shares of the company's stock in a transaction on Wednesday, April 2nd. The stock was bought at an average cost of $75.00 per share, for a total transaction of $52,575.00. Following the completion of the transaction, the director now directly owns 1,377 shares of the company's stock, valued at $103,275. This trade represents a 103.70 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 6.80% of the stock is currently owned by corporate insiders.

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.