Nomura Asset Management Co. Ltd. lifted its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 3.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,792 shares of the company’s stock after acquiring an additional 1,165 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Dollar Tree were worth $2,934,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. BlueMountain Capital Management LLC grew its position 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 in the last quarter. Sun Life Financial INC grew its position 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 in the last quarter. YorkBridge Wealth Partners LLC grew its position 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 in the last quarter. Advisory Services Network LLC grew its position 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 in the last quarter. Finally, Integrated Investment Consultants LLC bought a new stake in Dollar Tree in the 3rd quarter worth about $150,000. 89.81% of the stock is owned by institutional investors.

A number of brokerages have issued reports on DLTR. Raymond James Financial set a $124.00 price objective on shares of Dollar Tree and gave the stock a “buy” rating in a research report on Thursday. Moffett Nathanson began coverage on shares of Dollar Tree in a research report on Monday, December 4th. They issued a “buy” rating for the company. Bank of America upped their price objective on shares of Dollar Tree from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, November 21st. Telsey Advisory Group upped their price objective on shares of Dollar Tree from $101.00 to $108.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 22nd. Finally, Royal Bank Of Canada reaffirmed a “top pick” rating and issued a $111.00 price objective (up from $102.00) on shares of Dollar Tree in a research report on Wednesday, November 22nd. Eleven analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Dollar Tree has a consensus rating of “Buy” and a consensus price target of $101.13.

Dollar Tree, Inc. (NASDAQ:DLTR) opened at $108.67 on Monday. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.95 and a quick ratio of 0.28. The firm has a market cap of $25,770.00, a PE ratio of 24.87, a price-to-earnings-growth ratio of 1.70 and a beta of 0.64. Dollar Tree, Inc. has a 52 week low of $65.63 and a 52 week high of $108.90.

Dollar Tree (NASDAQ:DLTR) last released its earnings results on Tuesday, November 21st. The company reported $1.01 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.90 by $0.11. The firm had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.28 billion. Dollar Tree had a net margin of 4.63% and a return on equity of 18.04%. The company’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.72 earnings per share. equities research analysts anticipate that Dollar Tree, Inc. will post 4.85 EPS for the current year.

In related news, Chairman Bob Sasser sold 64,002 shares of the company’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $99.74, for a total transaction of $6,383,559.48. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Thomas A. Saunders sold 12,440 shares of the company’s stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $108.15, for a total transaction of $1,345,386.00. Following the sale, the director now owns 2,326,702 shares in the company, valued at $251,632,821.30. The disclosure for this sale can be found here. Insiders have sold a total of 394,581 shares of company stock worth $37,488,017 over the last 90 days. 4.10% of the stock is currently owned by corporate insiders.

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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.

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

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