V Square Quantitative Management LLC Has $454,000 Stock Holdings in Dollar Tree, Inc. (NASDAQ:DLTR)

V Square Quantitative Management LLC raised its stake in Dollar Tree, Inc. (NASDAQ:DLTR) by 7.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,053 shares of the company’s stock after purchasing an additional 406 shares during the period. V Square Quantitative Management LLC’s holdings in Dollar Tree were worth $454,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Versant Capital Management Inc acquired a new position in Dollar Tree in the 4th quarter valued at about $30,000. MassMutual Private Wealth & Trust FSB grew its position in shares of Dollar Tree by 91.3% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 440 shares of the company’s stock valued at $33,000 after purchasing an additional 210 shares during the last quarter. Eastern Bank bought a new position in shares of Dollar Tree during the third quarter worth approximately $34,000. First Horizon Advisors Inc. increased its stake in shares of Dollar Tree by 105.6% during the third quarter. First Horizon Advisors Inc. now owns 553 shares of the company’s stock worth $39,000 after purchasing an additional 284 shares during the period. Finally, Sunbelt Securities Inc. lifted its holdings in Dollar Tree by 738.7% during the 3rd quarter. Sunbelt Securities Inc. now owns 629 shares of the company’s stock worth $44,000 after purchasing an additional 554 shares during the last quarter. 97.40% of the stock is owned by institutional investors.

Dollar Tree Stock Down 0.6 %

Shares of DLTR opened at $71.56 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.17 and a current ratio of 1.03. Dollar Tree, Inc. has a 52 week low of $60.49 and a 52 week high of $151.21. The stock has a market capitalization of $15.38 billion, a price-to-earnings ratio of -15.00, a PEG ratio of 2.11 and a beta of 0.89. The stock has a fifty day moving average of $72.82 and a 200-day moving average of $74.71.

Dollar Tree (NASDAQ:DLTR) last posted its earnings results 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 during the quarter, compared to the consensus estimate of $7.45 billion. Dollar Tree had a positive return on equity of 16.89% and a negative net margin of 3.34%. The business’s quarterly revenue was up 3.5% on a year-over-year basis. During the same period last year, the company earned $0.97 earnings per share. As a group, sell-side analysts anticipate that Dollar Tree, Inc. will post 5.39 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on DLTR shares. Citigroup lifted their target price on Dollar Tree from $64.00 to $76.00 and gave the stock a “neutral” rating in a report on Thursday, December 5th. Truist Financial lifted their price objective on shares of Dollar Tree from $79.00 to $83.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. StockNews.com upgraded shares of Dollar Tree from a “sell” rating to a “hold” rating in a research report on Thursday, December 5th. Evercore ISI reduced their price target on Dollar Tree from $94.00 to $92.00 and set an “in-line” rating on the stock in a research report on Tuesday, December 3rd. Finally, Jefferies Financial Group upped their target price on Dollar Tree from $70.00 to $75.00 and gave the company a “hold” rating in a research report on Wednesday, December 4th. Seventeen equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $85.58.

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.