Dollar Tree, Inc. (DLTR) Shares Sold by Regentatlantic Capital LLC

Regentatlantic Capital LLC lessened its position in Dollar Tree, Inc. (NASDAQ:DLTR) by 13.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 83,420 shares of the company’s stock after selling 12,745 shares during the quarter. Regentatlantic Capital LLC’s holdings in Dollar Tree were worth $7,243,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Advisory Services Network LLC raised its holdings in shares of Dollar Tree by 0.6% in the 2nd quarter. Advisory Services Network LLC now owns 1,924 shares of the company’s stock valued at $135,000 after buying an additional 12 shares during the period. Ironwood Investment Management LLC raised its holdings in shares of Dollar Tree by 0.7% in the 2nd quarter. Ironwood Investment Management LLC now owns 4,468 shares of the company’s stock valued at $312,000 after buying an additional 31 shares during the period. YorkBridge Wealth Partners LLC raised its holdings in shares of Dollar Tree by 2.0% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 1,877 shares of the company’s stock valued at $131,000 after buying an additional 36 shares during the period. Atlantic Trust LLC raised its holdings in shares of Dollar Tree by 1.2% in the 1st quarter. Atlantic Trust LLC now owns 5,270 shares of the company’s stock valued at $414,000 after buying an additional 60 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of Dollar Tree by 0.4% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 17,584 shares of the company’s stock valued at $1,229,000 after buying an additional 73 shares during the period. Hedge funds and other institutional investors own 90.75% of the company’s stock.

In other news, insider William A. Old, Jr. sold 1,487 shares of Dollar Tree stock in a transaction dated Friday, October 13th. The stock was sold at an average price of $91.50, for a total transaction of $136,060.50. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Gary M. Philbin sold 2,795 shares of Dollar Tree stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $84.50, for a total value of $236,177.50. Following the sale, the insider now directly owns 34,532 shares in the company, valued at $2,917,954. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 101,449 shares of company stock worth $9,139,337. Corporate insiders own 4.10% of the company’s stock.

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Several research firms recently issued reports on DLTR. Loop Capital downgraded Dollar Tree from a “buy” rating to a “hold” rating and set a $88.00 price objective on the stock. in a report on Friday, October 13th. Zacks Investment Research upgraded Dollar Tree from a “hold” rating to a “buy” rating and set a $100.00 price objective on the stock in a report on Wednesday, October 11th. Piper Jaffray Companies reiterated a “hold” rating and issued a $85.00 price objective on shares of Dollar Tree in a report on Friday, September 29th. Cleveland Research upgraded Dollar Tree from a “neutral” rating to a “buy” rating in a report on Wednesday, October 4th. Finally, Raymond James Financial, Inc. dropped coverage on Dollar Tree in a report on Saturday, August 26th. Eleven analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $90.14.

Dollar Tree, Inc. (NASDAQ:DLTR) traded down 0.02% on Friday, hitting $93.21. The stock had a trading volume of 2,192,151 shares. The company’s 50 day moving average is $87.79 and its 200 day moving average is $78.69. The firm has a market cap of $22.08 billion, a PE ratio of 23.84 and a beta of 0.70. Dollar Tree, Inc. has a 12-month low of $65.63 and a 12-month high of $93.68.

Dollar Tree (NASDAQ:DLTR) last announced its earnings results on Thursday, August 24th. The company reported $0.99 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.12. Dollar Tree had a return on equity of 18.07% and a net margin of 4.37%. The business had revenue of $5.28 billion for the quarter, compared to analyst estimates of $5.24 billion. During the same period in the previous year, the company earned $0.72 earnings per share. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. On average, equities research analysts expect that Dollar Tree, Inc. will post $4.68 EPS for the current fiscal year.

Dollar Tree Profile

Dollar Tree, Inc is an operator of discount variety stores. As of January 28, 2017, the Company operated 14,334 stores in 48 states and the District of Columbia, and five Canadian provinces. Its segments include Dollar Tree and Family Dollar. The Dollar Tree segment is the operator of discount variety stores offering merchandise at a fixed price.

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

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