Compton Wealth Advisory Group LLC Has $2.63 Million Stake in Dollar Tree, Inc. (NASDAQ:DLTR)

Compton Wealth Advisory Group LLC lessened its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 0.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 35,075 shares of the company’s stock after selling 154 shares during the period. Compton Wealth Advisory Group LLC’s holdings in Dollar Tree were worth $2,629,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of DLTR. EverSource Wealth Advisors LLC grew its stake in shares of Dollar Tree by 35.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 657 shares of the company’s stock valued at $69,000 after buying an additional 171 shares during the period. Alan B Lancz & Associates Inc. grew its stake in Dollar Tree by 6.6% in the third quarter. Alan B Lancz & Associates Inc. now owns 3,250 shares of the company’s stock valued at $229,000 after acquiring an additional 200 shares during the period. AM Squared Ltd increased its holdings in shares of Dollar Tree by 12.5% during the third quarter. AM Squared Ltd now owns 1,800 shares of the company’s stock valued at $127,000 after acquiring an additional 200 shares in the last quarter. Federated Hermes Inc. raised its position in shares of Dollar Tree by 1.6% during the second quarter. Federated Hermes Inc. now owns 13,367 shares of the company’s stock worth $1,427,000 after purchasing an additional 209 shares during the period. Finally, McGinn Penninger Investment Management Inc. grew its holdings in shares of Dollar Tree by 0.5% during the second quarter. McGinn Penninger Investment Management Inc. now owns 45,503 shares of the company’s stock valued at $4,858,000 after buying an additional 210 shares during the last quarter. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Truist Financial raised their target price on Dollar Tree from $79.00 to $83.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $75.00 price objective on shares of Dollar Tree in a report on Friday, December 20th. StockNews.com upgraded shares of Dollar Tree from a “sell” rating to a “hold” rating in a report on Thursday, December 5th. Guggenheim cut their price target on shares of Dollar Tree from $120.00 to $100.00 and set a “buy” rating on the stock in a report on Friday, December 6th. Finally, BMO Capital Markets increased their price objective on shares of Dollar Tree from $65.00 to $70.00 and gave the company a “market perform” rating in a research note on Thursday, December 5th. Seventeen investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $85.58.

Dollar Tree Stock Performance

Dollar Tree stock traded down $1.69 during mid-day trading on Monday, reaching $71.21. The company’s stock had a trading volume of 564,940 shares, compared to its average volume of 2,779,052. The company has a market capitalization of $15.31 billion, a P/E ratio of -14.93, a PEG ratio of 2.23 and a beta of 0.92. The firm’s fifty day moving average price is $70.14 and its two-hundred day moving average price is $80.07. Dollar Tree, Inc. has a 12-month low of $60.49 and a 12-month high of $151.21. 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 (NASDAQ:DLTR) last issued its quarterly earnings data on Wednesday, December 4th. The company reported $1.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.07 by $0.05. The business had revenue of $7.57 billion for the quarter, compared to analysts’ expectations of $7.45 billion. Dollar Tree had a positive return on equity of 16.89% and a negative net margin of 3.34%. The firm’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.97 EPS. Sell-side analysts predict that Dollar Tree, Inc. will post 5.39 EPS 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.