WINTON GROUP Ltd Sells 5,754 Shares of Dollar Tree, Inc. (NASDAQ:DLTR)

WINTON GROUP Ltd lowered its holdings in Dollar Tree, Inc. (NASDAQ:DLTRGet Rating) by 79.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,477 shares of the company’s stock after selling 5,754 shares during the quarter. WINTON GROUP Ltd’s holdings in Dollar Tree were worth $230,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ellevest Inc. boosted its position in Dollar Tree by 452.8% in the second quarter. Ellevest Inc. now owns 199 shares of the company’s stock valued at $31,000 after buying an additional 163 shares in the last quarter. Karlinski Andrew C acquired a new position in Dollar Tree in the first quarter valued at about $32,000. Providence Capital Advisors LLC boosted its position in Dollar Tree by 95.2% in the first quarter. Providence Capital Advisors LLC now owns 203 shares of the company’s stock valued at $33,000 after buying an additional 99 shares in the last quarter. Newbridge Financial Services Group Inc. boosted its position in Dollar Tree by 517.1% in the second quarter. Newbridge Financial Services Group Inc. now owns 216 shares of the company’s stock valued at $34,000 after buying an additional 181 shares in the last quarter. Finally, TCI Wealth Advisors Inc. boosted its position in Dollar Tree by 68.6% in the second quarter. TCI Wealth Advisors Inc. now owns 231 shares of the company’s stock valued at $36,000 after buying an additional 94 shares in the last quarter. 95.04% of the stock is currently owned by institutional investors and hedge funds.

Dollar Tree Trading Up 1.2 %

DLTR opened at $165.24 on Tuesday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.46 and a quick ratio of 0.22. The company has a market cap of $37.00 billion, a price-to-earnings ratio of 23.81, a price-to-earnings-growth ratio of 1.42 and a beta of 0.73. The firm has a 50 day simple moving average of $148.17 and a 200 day simple moving average of $154.05. Dollar Tree, Inc. has a fifty-two week low of $123.62 and a fifty-two week high of $177.19.

Dollar Tree (NASDAQ:DLTRGet Rating) last issued its earnings results on Thursday, August 25th. The company reported $1.60 EPS for the quarter, beating the consensus estimate of $1.58 by $0.02. Dollar Tree had a net margin of 5.77% and a return on equity of 19.83%. The firm had revenue of $6.77 billion during the quarter, compared to the consensus estimate of $6.80 billion. During the same quarter in the prior year, the firm earned $1.23 earnings per share. The business’s quarterly revenue was up 6.7% on a year-over-year basis. On average, sell-side analysts anticipate that Dollar Tree, Inc. will post 7.28 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Telsey Advisory Group reduced their price target on shares of Dollar Tree from $185.00 to $170.00 and set an “outperform” rating on the stock in a research report on Friday, August 26th. TheStreet upgraded shares of Dollar Tree from a “c+” rating to a “b-” rating in a research report on Monday, October 31st. Morgan Stanley reduced their target price on shares of Dollar Tree from $160.00 to $145.00 and set an “equal weight” rating on the stock in a research report on Friday, August 26th. Truist Financial reduced their target price on shares of Dollar Tree from $178.00 to $168.00 and set a “buy” rating on the stock in a research report on Friday, August 26th. Finally, Wells Fargo & Company reduced their target price on shares of Dollar Tree from $190.00 to $170.00 and set an “overweight” rating on the stock in a research report on Friday, August 26th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $165.56.

About Dollar Tree

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Dollar Tree, Inc operates discount variety retail stores. It 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, including candy and food, and health and personal care, as well as everyday consumables, such as household paper and chemicals, 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.

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Institutional Ownership by Quarter for Dollar Tree (NASDAQ:DLTR)

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