Dollar Tree (NASDAQ:DLTR) had its target price boosted by Loop Capital from $94.00 to $100.00 in a report published on Monday, Marketbeat reports. The firm currently has a hold rating on the stock. The analysts noted that the move was a valuation call.

Several other analysts also recently commented on DLTR. Guggenheim reiterated a buy rating on shares of Dollar Tree in a research report on Wednesday, January 31st. Bank of America boosted their price objective on shares of Dollar Tree from $120.00 to $130.00 and gave the company a buy rating in a research note on Tuesday, January 30th. Zacks Investment Research cut shares of Dollar Tree from a buy rating to a hold rating in a research note on Wednesday, January 10th. MKM Partners boosted 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. Finally, BMO Capital Markets reissued a hold rating and issued a $90.00 price objective on shares of Dollar Tree in a research note on Thursday, November 2nd. Eleven investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the stock. Dollar Tree currently has a consensus rating of Buy and an average price target of $106.31.

Shares of Dollar Tree (NASDAQ:DLTR) opened at $105.87 on Monday. Dollar Tree has a 12-month low of $65.63 and a 12-month high of $116.65. The company has a market cap of $25,100.00, a price-to-earnings ratio of 25.21, a P/E/G ratio of 1.36 and a beta of 0.71. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.95 and a quick ratio of 0.28.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings results on Tuesday, November 21st. The company reported $1.01 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $5.28 billion. During the same quarter in the prior year, the firm earned $0.72 EPS. Dollar Tree’s revenue for the quarter was up 6.3% on a year-over-year basis. equities analysts forecast that Dollar Tree will post 4.88 earnings per share for the current year.

In other news, Director Thomas A. Saunders sold 12,440 shares of the company’s stock in a transaction 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 transaction, the director now directly owns 2,326,702 shares of the company’s stock, valued at approximately $251,632,821.30. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Chairman Bob Sasser sold 64,002 shares of the company’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $99.74, for a total transaction of $6,383,559.48. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 143,132 shares of company stock worth $14,679,180. Corporate insiders own 2.90% of the company’s stock.

Large investors have recently bought and sold shares of the company. Shell Asset Management Co. grew its stake in Dollar Tree by 368.4% in the 3rd quarter. Shell Asset Management Co. now owns 72,354 shares of the company’s stock valued at $4,057,000 after acquiring an additional 56,906 shares during the last quarter. Korea Investment CORP grew its stake in Dollar Tree by 170.4% in the 3rd quarter. Korea Investment CORP now owns 56,489 shares of the company’s stock valued at $4,904,000 after acquiring an additional 35,600 shares during the last quarter. Wright Investors Service Inc. acquired a new stake in Dollar Tree in the 3rd quarter valued at about $501,000. British Airways Pensions Investment Management Ltd acquired a new stake in Dollar Tree in the 3rd quarter valued at about $34,022,000. Finally, Asset Management One Co. Ltd. grew its stake in Dollar Tree by 4.3% in the 3rd quarter. Asset Management One Co. Ltd. now owns 379,137 shares of the company’s stock valued at $32,896,000 after acquiring an additional 15,542 shares during the last quarter. 88.89% of the stock is currently owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Dollar Tree (NASDAQ:DLTR)

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