Rational Advisors LLC Sells 976 Shares of Dollar Tree, Inc. (NASDAQ:DLTR)

Rational Advisors LLC lessened its position in Dollar Tree, Inc. (NASDAQ:DLTR) by 77.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 286 shares of the company’s stock after selling 976 shares during the quarter. Rational Advisors LLC’s holdings in Dollar Tree were worth $27,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Pictet Asset Management Ltd. increased its position in Dollar Tree by 4.5% during the 3rd quarter. Pictet Asset Management Ltd. now owns 110,987 shares of the company’s stock valued at $12,670,000 after purchasing an additional 4,800 shares during the period. Alps Advisors Inc. grew its position in shares of Dollar Tree by 70.2% in the 3rd quarter. Alps Advisors Inc. now owns 6,362 shares of the company’s stock worth $726,000 after buying an additional 2,625 shares during the last quarter. Wealthfront Advisers LLC grew its position in shares of Dollar Tree by 21.6% in the 4th quarter. Wealthfront Advisers LLC now owns 4,337 shares of the company’s stock worth $408,000 after buying an additional 771 shares during the last quarter. Rhumbline Advisers grew its position in shares of Dollar Tree by 0.8% in the 3rd quarter. Rhumbline Advisers now owns 401,936 shares of the company’s stock worth $45,885,000 after buying an additional 3,102 shares during the last quarter. Finally, Eagle Asset Management Inc. grew its position in shares of Dollar Tree by 24.3% in the 3rd quarter. Eagle Asset Management Inc. now owns 1,137,721 shares of the company’s stock worth $129,882,000 after buying an additional 222,464 shares during the last quarter. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Shares of DLTR traded down $0.59 during trading hours on Monday, hitting $88.68. The stock had a trading volume of 1,690,303 shares, compared to its average volume of 2,472,929. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.16 and a current ratio of 1.09. The firm has a 50-day moving average price of $90.06 and a 200 day moving average price of $100.67. Dollar Tree, Inc. has a fifty-two week low of $85.37 and a fifty-two week high of $119.71. The firm has a market capitalization of $20.99 billion, a price-to-earnings ratio of -13.24, a PEG ratio of 1.85 and a beta of 0.48.

Dollar Tree (NASDAQ:DLTR) last posted its earnings results on Tuesday, November 26th. The company reported $1.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.13 by ($0.05). Dollar Tree had a negative net margin of 6.82% and a positive return on equity of 20.85%. The firm had revenue of $5.75 billion during the quarter, compared to analyst estimates of $5.74 billion. During the same quarter in the prior year, the firm earned $1.18 earnings per share. The business’s revenue for the quarter was up 3.7% on a year-over-year basis. As a group, analysts predict that Dollar Tree, Inc. will post 4.87 EPS for the current fiscal year.

In other news, Director Lemuel E. Lewis bought 1,000 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was purchased at an average cost of $89.49 per share, for a total transaction of $89,490.00. Following the purchase, the director now directly owns 22,114 shares in the company, valued at approximately $1,978,981.86. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 1.40% of the company’s stock.

A number of brokerages have recently issued reports on DLTR. Credit Suisse Group cut their price objective on shares of Dollar Tree from $125.00 to $108.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 27th. Deutsche Bank cut their price objective on shares of Dollar Tree from $106.00 to $96.00 and set a “hold” rating on the stock in a research report on Wednesday, November 27th. Citigroup cut their price objective on shares of Dollar Tree from $120.00 to $103.00 and set a “neutral” rating on the stock in a research report on Monday, December 2nd. Atlantic Securities downgraded shares of Dollar Tree from an “overweight” rating to a “neutral” rating and set a $102.00 price objective on the stock. in a research report on Friday, November 29th. Finally, BMO Capital Markets lowered their target price on shares of Dollar Tree from $102.00 to $98.00 and set a “market perform” rating for the company in a research note on Wednesday, November 27th. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have given a buy rating to the company. Dollar Tree has an average rating of “Hold” and a consensus target price of $103.91.

Dollar Tree Profile

Dollar Tree, Inc operates discount variety retail stores. It operates through two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $1.00. It provides consumable merchandise, including candy and food, and health and beauty care, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, and other items; and seasonal goods that include Valentine's Day, Easter, Halloween, and Christmas merchandise.

Further Reading: What Does a Sell-Side Analyst Rating Mean?

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

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