Dollar Tree, Inc. (NASDAQ:DLTR) insider Mike R. Matacunas sold 2,975 shares of the stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $104.82, for a total transaction of $311,839.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Dollar Tree, Inc. (DLTR) traded up $0.25 on Friday, reaching $103.01. 2,461,850 shares of the company traded hands, compared to its average volume of 2,577,405. The company has a market cap of $24,364.04, a P/E ratio of 23.51, a PEG ratio of 1.62 and a beta of 0.63. Dollar Tree, Inc. has a 52 week low of $65.63 and a 52 week high of $105.14. 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 (NASDAQ:DLTR) last released its quarterly earnings data on Tuesday, November 21st. The company reported $1.01 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.90 by $0.11. The company had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.28 billion. Dollar Tree had a net margin of 4.63% and a return on equity of 18.04%. Dollar Tree’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same period last year, the firm earned $0.72 EPS. equities analysts anticipate that Dollar Tree, Inc. will post 4.84 earnings per share for the current year.

Several research firms have commented on DLTR. BMO Capital Markets reiterated a “hold” rating and issued a $90.00 price objective on shares of Dollar Tree in a research note on Thursday, November 2nd. MKM Partners increased their price objective on shares of Dollar Tree from $96.00 to $105.00 and gave the company a “neutral” rating in a research note on Wednesday, November 22nd. Royal Bank Of Canada set a $92.00 target price on shares of Dollar Tree and gave the company a “buy” rating in a research report on Monday, October 30th. Zacks Investment Research downgraded shares of Dollar Tree from a “buy” rating to a “hold” rating in a research report on Tuesday, October 31st. Finally, KeyCorp reissued a “buy” rating and set a $98.00 target price on shares of Dollar Tree in a research report on Friday, November 10th. Eleven investment analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company. Dollar Tree has a consensus rating of “Buy” and an average price target of $99.92.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlueMountain Capital Management LLC boosted its holdings 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 buying an additional 825 shares during the period. Sun Life Financial INC boosted its holdings 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 buying an additional 1,710 shares during the period. YorkBridge Wealth Partners LLC boosted its holdings 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 buying an additional 36 shares during the period. Advisory Services Network LLC boosted its holdings 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 buying an additional 12 shares during the period. Finally, Integrated Investment Consultants LLC bought a new position in Dollar Tree in the 3rd quarter worth approximately $150,000. 89.92% of the stock is owned by institutional investors.

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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.

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

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