B. Metzler seel. Sohn & Co. Holding AG Acquires Shares of 5,020 Dollar Tree, Inc. (NASDAQ:DLTR)

B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,020 shares of the company’s stock, valued at approximately $353,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Mount Yale Investment Advisors LLC grew its holdings in Dollar Tree by 4.9% in the 1st quarter. Mount Yale Investment Advisors LLC now owns 1,985 shares of the company’s stock worth $264,000 after acquiring an additional 93 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in Dollar Tree by 29.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 486 shares of the company’s stock valued at $65,000 after purchasing an additional 110 shares during the period. Valeo Financial Advisors LLC raised its position in Dollar Tree by 2.1% during the 2nd quarter. Valeo Financial Advisors LLC now owns 5,650 shares of the company’s stock valued at $603,000 after purchasing an additional 116 shares during the last quarter. Raymond James Trust N.A. lifted its holdings in Dollar Tree by 2.5% in the 2nd quarter. Raymond James Trust N.A. now owns 4,996 shares of the company’s stock worth $533,000 after buying an additional 124 shares during the period. Finally, Burney Co. grew its position in shares of Dollar Tree by 1.4% in the 1st quarter. Burney Co. now owns 9,598 shares of the company’s stock worth $1,278,000 after buying an additional 131 shares during the last quarter. Institutional investors own 97.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on DLTR. StockNews.com lowered Dollar Tree from a “hold” rating to a “sell” rating in a research note on Wednesday, November 20th. KeyCorp cut shares of Dollar Tree from an “overweight” rating to a “sector weight” rating in a research report on Thursday, November 7th. Guggenheim reduced their price target on shares of Dollar Tree from $150.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday, September 6th. Telsey Advisory Group lowered shares of Dollar Tree from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from $95.00 to $75.00 in a report on Tuesday, November 5th. Finally, UBS Group reduced their target price on Dollar Tree from $155.00 to $105.00 and set a “buy” rating on the stock in a report on Thursday, September 5th. One investment analyst has rated the stock with a sell rating, fifteen have given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $87.95.

Insider Activity

In other news, Director Daniel J. Heinrich purchased 2,200 shares of the company’s stock in a transaction dated Friday, September 6th. The shares were purchased at an average cost of $68.27 per share, for a total transaction of $150,194.00. Following the purchase, the director now directly owns 9,823 shares in the company, valued at approximately $670,616.21. This represents a 28.86 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 6.80% of the company’s stock.

Dollar Tree Stock Up 1.0 %

NASDAQ:DLTR opened at $66.40 on Monday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.17 and a current ratio of 1.02. The firm has a market cap of $14.28 billion, a P/E ratio of -13.61, a P/E/G ratio of 2.60 and a beta of 0.87. Dollar Tree, Inc. has a fifty-two week low of $60.49 and a fifty-two week high of $151.21. The firm has a 50-day simple moving average of $67.75 and a two-hundred day simple moving average of $90.05.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings data on Wednesday, September 4th. The company reported $0.67 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.37). Dollar Tree had a positive return on equity of 15.77% and a negative net margin of 3.44%. The firm had revenue of $7.37 billion during the quarter, compared to analysts’ expectations of $7.49 billion. During the same quarter in the previous year, the firm earned $0.91 earnings per share. Dollar Tree’s revenue was up .7% on a year-over-year basis. Analysts predict that Dollar Tree, Inc. will post 5.35 earnings per share 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.