Dollar Tree, Inc. (NASDAQ:DLTR) Chairman Bob Sasser sold 64,002 shares of Dollar Tree stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $99.74, for a total value of $6,383,559.48. The sale was disclosed in a filing with the SEC, which is available at this link.

Shares of Dollar Tree, Inc. (NASDAQ:DLTR) traded down $1.38 during midday trading on Thursday, reaching $102.76. The company’s stock had a trading volume of 4,236,620 shares, compared to its average volume of 2,754,947. The firm has a market cap of $23,932.52, a PE ratio of 23.10, a PEG ratio of 1.59 and a beta of 0.59. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.95 and a quick ratio of 0.28. Dollar Tree, Inc. has a 52-week low of $65.63 and a 52-week high of $105.14.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings results on Tuesday, November 21st. The company reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.11. Dollar Tree had a return on equity of 18.04% and a net margin of 4.63%. The company had revenue of $5.32 billion during the quarter, compared to analysts’ expectations of $5.28 billion. During the same quarter in the previous year, the firm earned $0.72 EPS. Dollar Tree’s revenue was up 6.3% on a year-over-year basis. equities research analysts expect that Dollar Tree, Inc. will post 4.84 earnings per share for the current fiscal year.

DLTR has been the subject of several research analyst reports. Zacks Investment Research upgraded Dollar Tree from a “hold” rating to a “buy” rating and set a $85.00 target price for the company in a research note on Tuesday, August 8th. BidaskClub upgraded Dollar Tree from a “hold” rating to a “buy” rating in a research note on Tuesday, August 8th. Buckingham Research reiterated a “buy” rating and set a $87.00 target price on shares of Dollar Tree in a research note on Wednesday, August 9th. Loop Capital restated a “buy” rating and issued a $86.00 price target on shares of Dollar Tree in a research note on Wednesday, August 9th. Finally, Piper Jaffray Companies restated a “hold” rating and issued a $85.00 price target on shares of Dollar Tree in a research note on Tuesday, August 22nd. Eleven investment analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $99.92.

Several institutional investors have recently bought and sold shares of DLTR. State of Alaska Department of Revenue raised its holdings in shares of Dollar Tree by 17.7% during the 2nd quarter. State of Alaska Department of Revenue now owns 2,594 shares of the company’s stock worth $181,000 after buying an additional 390 shares in the last quarter. Sumitomo Life Insurance Co. raised its holdings in shares of Dollar Tree by 4.4% during the 2nd quarter. Sumitomo Life Insurance Co. now owns 18,105 shares of the company’s stock worth $1,266,000 after buying an additional 762 shares in the last quarter. IBM Retirement Fund grew its position in Dollar Tree by 121.5% during the 2nd quarter. IBM Retirement Fund now owns 5,595 shares of the company’s stock worth $437,000 after acquiring an additional 3,069 shares during the last quarter. Janney Montgomery Scott LLC grew its position in Dollar Tree by 8.8% during the 2nd quarter. Janney Montgomery Scott LLC now owns 8,084 shares of the company’s stock worth $565,000 after acquiring an additional 652 shares during the last quarter. Finally, Rothschild Asset Management Inc. grew its position in Dollar Tree by 23.6% during the 2nd quarter. Rothschild Asset Management Inc. now owns 7,984 shares of the company’s stock worth $558,000 after acquiring an additional 1,522 shares during the last quarter. 89.92% of the stock is owned by institutional investors.

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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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