Rothschild Investment LLC Sells 265 Shares of Dollar Tree, Inc. (NASDAQ:DLTR)

Rothschild Investment LLC reduced its holdings in Dollar Tree, Inc. (NASDAQ:DLTR) by 1.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,814 shares of the company’s stock after selling 265 shares during the period. Rothschild Investment LLC’s holdings in Dollar Tree were worth $1,035,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Empower Advisory Group LLC increased its position in Dollar Tree by 41.3% during the third quarter. Empower Advisory Group LLC now owns 659,747 shares of the company’s stock worth $46,393,000 after acquiring an additional 192,754 shares during the period. Farther Finance Advisors LLC increased its holdings in shares of Dollar Tree by 374.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,277 shares of the company’s stock worth $160,000 after purchasing an additional 1,797 shares during the period. Equity Investment Corp raised its position in shares of Dollar Tree by 95.9% during the third quarter. Equity Investment Corp now owns 1,525,374 shares of the company’s stock valued at $107,264,000 after buying an additional 746,913 shares during the last quarter. Forest Avenue Capital Management LP bought a new stake in shares of Dollar Tree in the third quarter valued at about $19,591,000. Finally, Anthracite Investment Company Inc. acquired a new stake in Dollar Tree during the third quarter worth about $2,813,000. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have commented on the company. Evercore ISI cut their price target on Dollar Tree from $94.00 to $92.00 and set an “in-line” rating for the company in a report on Tuesday, December 3rd. Piper Sandler reissued a “neutral” rating and issued a $72.00 price target (up previously from $67.00) on shares of Dollar Tree in a report on Thursday, December 5th. Jefferies Financial Group raised their price objective on shares of Dollar Tree from $70.00 to $75.00 and gave the stock a “hold” rating in a report on Wednesday, December 4th. KeyCorp cut shares of Dollar Tree from an “overweight” rating to a “sector weight” rating in a research note on Thursday, November 7th. Finally, BMO Capital Markets lifted their price objective on Dollar Tree from $65.00 to $70.00 and gave the company a “market perform” rating in a report on Thursday, December 5th. Seventeen research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $85.58.

Dollar Tree Stock Up 0.5 %

Shares of NASDAQ:DLTR opened at $75.31 on Tuesday. The company has a quick ratio of 0.17, a current ratio of 1.03 and a debt-to-equity ratio of 0.32. The firm has a market cap of $16.19 billion, a P/E ratio of -15.79, a P/E/G ratio of 2.16 and a beta of 0.89. Dollar Tree, Inc. has a 12 month low of $60.49 and a 12 month high of $151.21. The company’s 50-day moving average price is $73.24 and its two-hundred day moving average price is $73.34.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings results on Wednesday, December 4th. The company reported $1.12 EPS for the quarter, beating the consensus estimate of $1.07 by $0.05. The business had revenue of $7.57 billion for the quarter, compared to analysts’ expectations of $7.45 billion. Dollar Tree had a negative net margin of 3.34% and a positive return on equity of 16.89%. During the same period in the prior year, the firm earned $0.97 earnings per share. Dollar Tree’s revenue was up 3.5% compared to the same quarter last year. As a group, research analysts forecast that Dollar Tree, Inc. will post 5.39 EPS for the current fiscal year.

Dollar Tree Company Profile

Dollar Tree, Inc operates retail discount stores. The company operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $ 1.25. It provides consumable merchandise, which includes everyday consumables, such as household paper and chemicals, food, candy, health, personal care products, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, arts and crafts supplies, and other items; and seasonal goods that include Christmas, Easter, Halloween, and Valentine's Day merchandise.