Stifel Financial Corp Has $7.54 Million Stock Position in Dollar Tree, Inc. (NASDAQ:DLTR)

Stifel Financial Corp reduced its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 14.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 100,559 shares of the company's stock after selling 17,089 shares during the quarter. Stifel Financial Corp's holdings in Dollar Tree were worth $7,536,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of DLTR. Assetmark Inc. grew 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 purchasing an additional 149 shares in the last quarter. Bessemer Group Inc. boosted its stake in Dollar Tree by 34,600.0% in the fourth quarter. Bessemer Group Inc. now owns 347 shares of the company's stock valued at $26,000 after buying an additional 346 shares in the last quarter. Versant Capital Management Inc acquired a new stake in Dollar Tree in the fourth quarter valued at about $30,000. Parkside Financial Bank & Trust boosted its stake in Dollar Tree by 120.8% in the fourth quarter. Parkside Financial Bank & Trust now owns 424 shares of the company's stock valued at $32,000 after buying an additional 232 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in Dollar Tree by 91.3% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 440 shares of the company's stock valued at $33,000 after buying an additional 210 shares in the last quarter. 97.40% of the stock is owned by institutional investors and hedge funds.

Dollar Tree Stock Down 0.5 %

Dollar Tree stock opened at $80.17 on Tuesday. The company has a quick ratio of 0.17, a current ratio of 1.03 and a debt-to-equity ratio of 0.32. Dollar Tree, Inc. has a 12-month low of $60.49 and a 12-month high of $123.17. The firm's fifty day moving average is $72.05 and its 200 day moving average is $70.95. The company has a market capitalization of $17.24 billion, a PE ratio of -16.81, a PEG 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 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 company had revenue of $5 billion for the quarter, compared to analyst estimates of $8.23 billion. During the same quarter in the previous year, the firm earned $2.55 EPS. The firm's revenue was up .7% on a year-over-year basis. As a group, sell-side analysts predict that Dollar Tree, Inc. will post 5.39 EPS for the current fiscal year.

Insider Activity at Dollar Tree

In related news, Director William W. Douglas III bought 701 shares of the company's stock in a transaction that occurred 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 transaction, the director now directly owns 1,377 shares of the company's stock, valued at approximately $103,275. The trade was a 103.70 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Aditya Maheshwari sold 1,238 shares of the company's stock in a transaction 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 transaction, the chief accounting officer now owns 4,231 shares in the company, valued at approximately $316,055.70. The trade was a 22.64 % decrease in their position. The disclosure for this sale can be found here. 6.80% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Citigroup raised Dollar Tree from a "neutral" rating to a "buy" rating and raised their price objective for the company from $76.00 to $103.00 in a research note on Monday, April 7th. Loop Capital reaffirmed a "hold" rating on shares of Dollar Tree in a research note on Thursday, March 27th. UBS Group reduced their price objective on Dollar Tree from $105.00 to $95.00 and set a "buy" rating on the stock in a research note on Friday, March 21st. Guggenheim reduced their price objective on Dollar Tree from $100.00 to $95.00 and set a "buy" rating on the stock in a research note on Friday, March 28th. Finally, Bank of America cut their price target on Dollar Tree from $75.00 to $70.00 and set an "underperform" rating on the stock in a research note on Tuesday, April 8th. One 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. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $81.84.

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.

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 - Free Report).

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.