Dollar Tree, Inc. (NASDAQ:DLTR) insider David A. Jacobs sold 9,192 shares of the firm’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $99.80, for a total transaction of $917,361.60. Following the completion of the transaction, the insider now directly owns 13,199 shares in the company, valued at $1,317,260.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Dollar Tree, Inc. (DLTR) traded up $2.50 on Tuesday, hitting $97.11. 5,270,700 shares of the stock traded hands, compared to its average volume of 2,729,970. The stock has a market capitalization of $23,370.00, a P/E ratio of 22.69, a price-to-earnings-growth ratio of 1.54 and a beta of 0.59. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.83 and a quick ratio of 0.43. Dollar Tree, Inc. has a 52-week low of $65.63 and a 52-week high of $97.24.

Dollar Tree (NASDAQ:DLTR) last posted its earnings results on Monday, November 20th. The company reported $1.01 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.13. The firm had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.28 billion. Dollar Tree had a net margin of 4.37% and a return on equity of 18.07%. The company’s revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the company earned $0.72 earnings per share. research analysts expect that Dollar Tree, Inc. will post 4.66 earnings per share for the current year.

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DLTR has been the topic of a number of recent research reports. Bank of America Corporation initiated coverage on shares of Dollar Tree in a research note on Friday, August 25th. They issued a “buy” rating and a $91.00 price objective on the stock. Deutsche Bank AG reaffirmed a “buy” rating and issued a $98.00 price objective (up from $95.00) on shares of Dollar Tree in a research note on Thursday, August 24th. BTIG Research reissued a “buy” rating and set a $98.00 price target on shares of Dollar Tree in a research report on Wednesday, August 23rd. Loop Capital reissued a “buy” rating and set a $86.00 price target on shares of Dollar Tree in a research report on Wednesday, August 9th. Finally, Buckingham Research reissued a “buy” rating and set a $87.00 price target on shares of Dollar Tree in a research report on Wednesday, August 9th. Eleven investment analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. Dollar Tree has a consensus rating of “Buy” and an average price target of $94.25.

A number of large investors have recently modified their holdings of DLTR. BlueMountain Capital Management LLC grew its stake in Dollar Tree by 119.0% during the second quarter. BlueMountain Capital Management LLC now owns 1,518 shares of the company’s stock valued at $106,000 after acquiring an additional 825 shares in the last quarter. Sun Life Financial INC grew its stake in Dollar Tree by 17,100.0% during the second quarter. Sun Life Financial INC now owns 1,720 shares of the company’s stock valued at $120,000 after acquiring an additional 1,710 shares in the last quarter. YorkBridge Wealth Partners LLC grew its stake in Dollar Tree by 2.0% during the second quarter. YorkBridge Wealth Partners LLC now owns 1,877 shares of the company’s stock valued at $131,000 after acquiring an additional 36 shares in the last quarter. Advisory Services Network LLC grew its stake in Dollar Tree by 0.6% during the second quarter. Advisory Services Network LLC now owns 1,924 shares of the company’s stock valued at $135,000 after acquiring an additional 12 shares in the last quarter. Finally, Integrated Investment Consultants LLC purchased a new position in Dollar Tree during the third quarter valued at approximately $150,000. 94.81% of the stock is owned by institutional investors.

About Dollar Tree

Dollar Tree, Inc is an operator of discount variety stores. As of January 28, 2017, the Company operated 14,334 stores in 48 states and the District of Columbia, and five Canadian provinces. Its segments include Dollar Tree and Family Dollar. The Dollar Tree segment is the operator of discount variety stores offering merchandise at a fixed price.

Insider Buying and Selling by Quarter for Dollar Tree (NASDAQ:DLTR)

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