Vestor Capital LLC lowered its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 26.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,790 shares of the company’s stock after selling 638 shares during the quarter. Vestor Capital LLC’s holdings in Dollar Tree were worth $155,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Dollar Tree by 3.2% during the 2nd quarter. Vanguard Group Inc. now owns 22,359,098 shares of the company’s stock valued at $1,563,349,000 after buying an additional 691,393 shares in the last quarter. FMR LLC raised its position in shares of Dollar Tree by 49.4% during the 2nd quarter. FMR LLC now owns 17,309,462 shares of the company’s stock valued at $1,210,277,000 after buying an additional 5,724,495 shares in the last quarter. BlackRock Inc. raised its position in shares of Dollar Tree by 10.3% during the 2nd quarter. BlackRock Inc. now owns 15,904,087 shares of the company’s stock valued at $1,112,013,000 after buying an additional 1,479,936 shares in the last quarter. Macquarie Group Ltd. raised its position in shares of Dollar Tree by 184,411.9% during the 3rd quarter. Macquarie Group Ltd. now owns 8,303,037 shares of the company’s stock valued at $720,869,000 after buying an additional 8,298,537 shares in the last quarter. Finally, Maverick Capital Ltd. raised its position in shares of Dollar Tree by 86.7% during the 2nd quarter. Maverick Capital Ltd. now owns 8,135,605 shares of the company’s stock valued at $568,842,000 after buying an additional 3,777,579 shares in the last quarter. Hedge funds and other institutional investors own 94.81% of the company’s stock.

In related news, Chairman Macon F. Brock, Jr. sold 150,000 shares of the business’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $91.13, for a total transaction of $13,669,500.00. Following the sale, the chairman now owns 1,128,795 shares of the company’s stock, valued at $102,867,088.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Gary M. Philbin sold 2,795 shares of the business’s stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $84.50, for a total transaction of $236,177.50. Following the sale, the insider now directly owns 34,532 shares in the company, valued at approximately $2,917,954. The disclosure for this sale can be found here. Insiders have sold 260,641 shares of company stock worth $23,726,199 in the last three months. 2.90% of the stock is currently owned by insiders.

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

Dollar Tree, Inc. (DLTR) traded up $2.35 during trading hours on Wednesday, reaching $99.46. 7,828,500 shares of the company traded hands, compared to its average volume of 2,752,645. Dollar Tree, Inc. has a 1-year low of $65.63 and a 1-year high of $100.54. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.83 and a quick ratio of 0.43. The company has a market capitalization of $23,560.00, a price-to-earnings ratio of 23.29, a P/E/G ratio of 1.58 and a beta of 0.59.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings data 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 4.37% and a return on equity of 18.07%. The business had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.28 billion. During the same quarter in the previous year, the firm posted $0.72 earnings per share. Dollar Tree’s quarterly revenue was up 6.3% on a year-over-year basis. analysts anticipate that Dollar Tree, Inc. will post 4.66 earnings per share for the current year.

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.

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

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