Dollar Tree, Inc. (NASDAQ:DLTR) insider David A. Jacobs sold 9,192 shares of the company’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $99.80, for a total value of $917,361.60. Following the completion of the transaction, the insider now owns 13,199 shares of the company’s stock, valued at approximately $1,317,260.20. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Dollar Tree, Inc. (DLTR) traded up $2.35 on Wednesday, reaching $99.46. The company had a trading volume of 7,828,500 shares, compared to its average volume of 2,752,645. The company has a market cap of $23,560.00, a price-to-earnings ratio of 23.29, a price-to-earnings-growth ratio of 1.58 and a beta of 0.59. Dollar Tree, Inc. has a fifty-two week low of $65.63 and a fifty-two week high of $100.54. The company has a current ratio of 1.83, a quick ratio of 0.43 and a debt-to-equity ratio of 0.95.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings data on Tuesday, November 21st. The company reported $1.01 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.90 by $0.11. The firm had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.28 billion. Dollar Tree had a return on equity of 18.07% and a net margin of 4.37%. The business’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period last year, the company earned $0.72 EPS. equities research analysts anticipate that Dollar Tree, Inc. will post 4.66 EPS for the current fiscal year.

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A number of research analysts have issued reports on the company. Telsey Advisory Group upped their price objective on Dollar Tree from $101.00 to $108.00 and gave the company an “outperform” rating in a research note on Wednesday. Sanford C. Bernstein reiterated a “market perform” rating and set a $87.00 price target (up previously from $78.00) on shares of Dollar Tree in a research note on Wednesday. MKM Partners increased their price target on Dollar Tree from $96.00 to $105.00 and gave the stock a “neutral” rating in a research note on Wednesday. UBS AG reiterated a “buy” rating and set a $106.00 price target (up previously from $100.00) on shares of Dollar Tree in a research note on Tuesday, November 14th. Finally, Royal Bank Of Canada increased their price target on Dollar Tree from $102.00 to $111.00 and gave the stock a “top pick” rating in a research note on Wednesday. Eleven investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $98.21.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlueMountain Capital Management LLC lifted its stake in shares of Dollar Tree by 119.0% in the 2nd quarter. BlueMountain Capital Management LLC now owns 1,518 shares of the company’s stock valued at $106,000 after purchasing an additional 825 shares during the period. Sun Life Financial INC lifted its stake in shares of Dollar Tree by 17,100.0% in the 2nd quarter. Sun Life Financial INC now owns 1,720 shares of the company’s stock valued at $120,000 after purchasing an additional 1,710 shares during the period. Integrated Investment Consultants LLC purchased a new position in shares of Dollar Tree in the 3rd quarter valued at approximately $150,000. YorkBridge Wealth Partners LLC lifted its stake 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 purchasing an additional 36 shares during the period. Finally, Advisory Services Network LLC lifted its stake 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 purchasing an additional 12 shares during the period. Institutional investors own 94.81% of the company’s stock.

Dollar Tree Company 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.

Insider Buying and Selling by Quarter for Dollar Tree (NASDAQ:DLTR)

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