6 days Ago By ABMN Staff
Mariner LLC raised its position in shares of Dollar Tree, Inc. ( NASDAQ:DLTR – Free Report ) by 22.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
The fund owned 10,574 shares of the company’s stock after acquiring an additional 1,960 shares during the period. Mariner LLC’s holdings in Dollar Tree were worth $792,000 as of its most recent filing with the Securities & Exchange Commission. Other hedge funds have also bought and sold shares of the company.
Townsquare Capital LLC grew its stake in Dollar Tree by 1.8% in the 4th quarter. Townsquare Capital LLC now owns 17,752 shares of the company’s stock worth $1,330,000 after acquiring an additional 319 shares in the last quarter.
Sterling Capital Management LLC increased its position in shares of Dollar Tree by 51.8% during the fourth quarter. Sterling Capital Management LLC now owns 12,231 shares of the company’s stock worth $917,000 after acquiring an additional 4,174 shares during the period.
Quinn Opportunity Partners LLC purchased a new position in shares of Dollar Tree during the fourth quarter worth approximately $3,453,000. Argent Trust Co purchased a new position in shares of Dollar Tree during the fourth quarter worth approximately $252,000. Finally, Treasurer of the State of North Carolina increased its position in shares of Dollar Tree by 14.
0% during the fourth quarter. Treasurer of the State of North Carolina now owns 125,011 shares of the company’s stock worth $9,368,000 after acquiring an additional 15,330 shares during the period. Institutional investors own 97.
40% of the company’s stock. Insider Buying and Selling In other news, CAO Aditya Maheshwari sold 1,238 shares of the firm’s stock in a transaction that occurred on Monday, April 14th. The stock was sold at an average price of $74.
70, for a total value of $92,478.60. Following the transaction, the chief accounting officer now owns 4,231 shares in the company, valued at $316,055.
70. This trade represents a 22.64 % decrease in their ownership of the stock.
The transaction was disclosed in a legal filing with the SEC, which is available through this link . Also, Director William W. Douglas III bought 701 shares of the firm’s stock in a transaction dated Wednesday, April 2nd.
The stock was purchased at an average price of $75.00 per share, for a total transaction of $52,575.00.
Following the transaction, the director now owns 1,377 shares of the company’s stock, valued at approximately $103,275. This represents a 103.70 % increase in their ownership of the stock.
The disclosure for this purchase can be found here . 6.80% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In Get Our Latest Stock Report on DLTR Dollar Tree Trading Down 0.5 % Shares of Dollar Tree stock opened at $80.17 on Tuesday.
Dollar Tree, Inc. has a 1 year low of $60.49 and a 1 year high of $123.
17. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.
03 and a quick ratio of 0.17. The firm has a fifty day moving average price of $72.
05 and a 200 day moving average price of $70.95. The stock has a market cap of $17.
24 billion, a PE ratio of -16.81, a price-to-earnings-growth ratio of 2.16 and a beta of 0.
87. Dollar Tree ( NASDAQ:DLTR – Get Free Report ) last released its quarterly earnings data on Wednesday, March 26th. The company reported $2.
11 earnings per share for the quarter, missing analysts’ consensus estimates of $2.20 by ($0.09).
Dollar Tree had a negative net margin of 3.34% and a positive return on equity of 16.89%.
The firm had revenue of $5 billion during the quarter, compared to analysts’ expectations of $8.23 billion. During the same period in the previous year, the firm posted $2.
55 EPS. The firm’s quarterly revenue was up .7% on a year-over-year basis.
Equities research analysts predict that Dollar Tree, Inc. will post 5.39 earnings per share for the current year.
About Dollar Tree ( Free Report ) 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. Featured Articles Want to see what other hedge funds are holding DLTR? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Dollar Tree, Inc. ( NASDAQ:DLTR – Free Report ). Receive News & Ratings for Dollar Tree Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar Tree and related companies with MarketBeat.
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