Dollar Tree, Inc. (DLTR) Shares Sold by Cramer Rosenthal Mcglynn LLC

Cramer Rosenthal Mcglynn LLC decreased its position in Dollar Tree, Inc. (NASDAQ:DLTR) by 61.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 200,992 shares of the company’s stock after selling 319,018 shares during the period. Cramer Rosenthal Mcglynn LLC owned approximately 0.08% of Dollar Tree worth $17,450,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. BlueMountain Capital Management LLC boosted its stake in Dollar Tree by 119.0% in the 2nd quarter. BlueMountain Capital Management LLC now owns 1,518 shares of the company’s stock worth $106,000 after purchasing an additional 825 shares during the period. Sun Life Financial INC boosted its stake in Dollar Tree by 17,100.0% in the 2nd quarter. Sun Life Financial INC now owns 1,720 shares of the company’s stock worth $120,000 after purchasing an additional 1,710 shares during the period. Integrated Investment Consultants LLC acquired a new position in Dollar Tree in the 3rd quarter worth $150,000. YorkBridge Wealth Partners LLC boosted its stake in Dollar Tree by 2.0% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 1,877 shares of the company’s stock worth $131,000 after purchasing an additional 36 shares during the period. Finally, Advisory Services Network LLC boosted its stake in Dollar Tree by 0.6% in the 2nd quarter. Advisory Services Network LLC now owns 1,924 shares of the company’s stock worth $135,000 after purchasing an additional 12 shares during the period. 89.81% of the stock is owned by institutional investors.

Shares of Dollar Tree, Inc. (NASDAQ:DLTR) opened at $105.89 on Wednesday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.28 and a current ratio of 1.95. Dollar Tree, Inc. has a 52-week low of $65.63 and a 52-week high of $107.11. The company has a market cap of $25,219.96, a PE ratio of 24.34, a price-to-earnings-growth ratio of 1.67 and a beta of 0.64.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings results on Tuesday, November 21st. The company reported $1.01 EPS for the quarter, topping the consensus estimate of $0.90 by $0.11. Dollar Tree had a net margin of 4.63% and a return on equity of 18.04%. The firm had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.28 billion. During the same period in the previous year, the firm posted $0.72 EPS. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. sell-side analysts anticipate that Dollar Tree, Inc. will post 4.84 earnings per share for the current fiscal year.

DLTR has been the subject of a number of research analyst reports. Cleveland Research raised shares of Dollar Tree from a “neutral” rating to a “buy” rating in a research note on Wednesday, October 4th. Zacks Investment Research raised shares of Dollar Tree from a “hold” rating to a “buy” rating and set a $100.00 target price for the company in a research note on Wednesday, October 11th. Raymond James Financial dropped coverage on shares of Dollar Tree in a research note on Saturday, August 26th. Royal Bank Of Canada set a $92.00 target price on shares of Dollar Tree and gave the stock a “buy” rating in a research note on Monday, October 30th. Finally, Goldman Sachs Group initiated coverage on shares of Dollar Tree in a research note on Tuesday, November 14th. They issued a “buy” rating and a $106.00 target price for the company. Eleven analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $99.92.

In other news, insider William A. Old, Jr. sold 1,487 shares of the company’s stock in a transaction dated Friday, October 13th. The shares were sold at an average price of $91.50, for a total value of $136,060.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Gary M. Philbin sold 2,795 shares of the company’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $84.50, for a total transaction of $236,177.50. Following the completion of 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 sold 382,141 shares of company stock worth $36,142,631. 2.90% of the stock is owned by insiders.

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About Dollar Tree

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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