Radnor Capital Management LLC Cuts Stock Position in Dollar Tree, Inc. (NASDAQ:DLTR)

Radnor Capital Management LLC decreased its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 11.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,741 shares of the company’s stock after selling 2,802 shares during the period. Radnor Capital Management LLC’s holdings in Dollar Tree were worth $1,554,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Versant Capital Management Inc acquired a new position in shares of Dollar Tree during the fourth quarter worth $30,000. Eastern Bank purchased a new stake in Dollar Tree in the third quarter valued at about $34,000. First Horizon Advisors Inc. boosted its holdings in 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 in the last quarter. Sunbelt Securities Inc. grew its stake in shares of Dollar Tree by 738.7% during the third quarter. Sunbelt Securities Inc. now owns 629 shares of the company’s stock worth $44,000 after acquiring an additional 554 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Dollar Tree by 35.2% during the second quarter. EverSource Wealth Advisors LLC now owns 657 shares of the company’s stock valued at $69,000 after acquiring an additional 171 shares in the last quarter. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DLTR has been the topic of several research analyst reports. Citigroup boosted their target price on shares of Dollar Tree from $64.00 to $76.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. Redburn Atlantic raised shares of Dollar Tree to a “hold” rating in a report on Monday, September 23rd. Piper Sandler restated a “neutral” rating and issued a $72.00 target price (up previously from $67.00) on shares of Dollar Tree in a research note on Thursday, December 5th. 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. Finally, StockNews.com upgraded Dollar Tree from a “sell” rating to a “hold” rating in a research note on Thursday, December 5th. Seventeen investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Dollar Tree currently has a consensus rating of “Hold” and a consensus target price of $85.58.

Dollar Tree Trading Down 1.4 %

Shares of NASDAQ:DLTR opened at $70.17 on Wednesday. The business’s 50 day moving average price is $70.29 and its 200-day moving average price is $79.57. Dollar Tree, Inc. has a 1 year low of $60.49 and a 1 year high of $151.21. The firm has a market capitalization of $15.09 billion, a price-to-earnings ratio of -14.71, a price-to-earnings-growth ratio of 2.23 and a beta of 0.90. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.03 and a quick ratio of 0.17.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings data on Wednesday, December 4th. The company reported $1.12 earnings per share (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 the consensus estimate of $7.45 billion. Dollar Tree had a negative net margin of 3.34% and a positive return on equity of 16.89%. The company’s revenue was up 3.5% compared to the same quarter last year. During the same period last year, the firm posted $0.97 earnings per share. On average, equities research analysts forecast that Dollar Tree, Inc. will post 5.39 earnings per share for the current fiscal year.

Dollar Tree 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.