Checchi Capital Advisers LLC Has $254,000 Holdings in Dollar Tree, Inc. (NASDAQ:DLTR)

Checchi Capital Advisers LLC grew its holdings in Dollar Tree, Inc. (NASDAQ:DLTR) by 5.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,390 shares of the company’s stock after acquiring an additional 180 shares during the quarter. Checchi Capital Advisers LLC’s holdings in Dollar Tree were worth $254,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in DLTR. Deseret Mutual Benefit Administrators increased its holdings in Dollar Tree by 20.9% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 907 shares of the company’s stock valued at $68,000 after buying an additional 157 shares during the period. Alan B Lancz & Associates Inc. increased its stake in shares of Dollar Tree by 6.6% in the third quarter. Alan B Lancz & Associates Inc. now owns 3,250 shares of the company’s stock valued at $229,000 after buying an additional 200 shares during the period. AM Squared Ltd increased its position in Dollar Tree by 12.5% in the 3rd quarter. AM Squared Ltd now owns 1,800 shares of the company’s stock valued at $127,000 after acquiring an additional 200 shares during the period. MassMutual Private Wealth & Trust FSB raised its position in Dollar Tree by 91.3% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 440 shares of the company’s stock worth $33,000 after purchasing an additional 210 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its stake in shares of Dollar Tree by 105.6% in the third quarter. First Horizon Advisors Inc. now owns 553 shares of the company’s stock worth $39,000 after acquiring an additional 284 shares during the period. Institutional investors and hedge funds own 97.40% of the company’s stock.

Analysts Set New Price Targets

DLTR has been the subject of several recent analyst reports. Truist Financial raised their price objective on shares of Dollar Tree from $79.00 to $83.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. JPMorgan Chase & Co. raised their price target on shares of Dollar Tree from $70.00 to $82.00 and gave the stock a “neutral” rating in a report on Tuesday, November 5th. BMO Capital Markets upped their price objective on shares of Dollar Tree from $65.00 to $70.00 and gave the company a “market perform” rating in a report on Thursday, December 5th. Citigroup raised their target price on Dollar Tree from $64.00 to $76.00 and gave the company a “neutral” rating in a research note on Thursday, December 5th. Finally, Evercore ISI dropped their price target on Dollar Tree from $94.00 to $92.00 and set an “in-line” rating on the stock in a research note on Tuesday, December 3rd. Seventeen research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $85.58.

Dollar Tree Trading Down 1.3 %

Shares of DLTR stock opened at $73.16 on Friday. Dollar Tree, Inc. has a 52-week low of $60.49 and a 52-week high of $151.21. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.17 and a current ratio of 1.03. The company has a market capitalization of $15.73 billion, a PE ratio of -15.34, a price-to-earnings-growth ratio of 2.16 and a beta of 0.89. The business’s fifty day moving average is $73.55 and its 200 day moving average is $73.22.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings data on Wednesday, December 4th. The company reported $1.12 EPS for the quarter, beating the consensus estimate of $1.07 by $0.05. The firm had revenue of $7.57 billion for the quarter, compared to analyst estimates of $7.45 billion. Dollar Tree had a positive return on equity of 16.89% and a negative net margin of 3.34%. The company’s revenue was up 3.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.97 EPS. On average, equities research analysts anticipate 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.