Dollar Tree, Inc. (NASDAQ:DLTR) insider Mike R. Matacunas sold 2,975 shares of the firm’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $104.82, for a total transaction of $311,839.50. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Dollar Tree, Inc. (DLTR) traded down $1.38 during trading hours on Thursday, hitting $102.76. 4,236,620 shares of the company traded hands, compared to its average volume of 2,754,947. Dollar Tree, Inc. has a twelve month low of $65.63 and a twelve month high of $105.14. The company has a quick ratio of 0.28, a current ratio of 1.95 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $23,932.52, a PE ratio of 23.10, a PEG ratio of 1.59 and a beta of 0.59.

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

Large investors have recently added to or reduced their stakes in the stock. Prudential Financial Inc. grew its stake in shares of Dollar Tree by 8.4% in the second quarter. Prudential Financial Inc. now owns 358,085 shares of the company’s stock valued at $25,037,000 after buying an additional 27,672 shares in the last quarter. Rockshelter Capital Management LLC acquired a new stake in Dollar Tree during the 2nd quarter valued at $5,850,000. Shell Asset Management Co. lifted its holdings in Dollar Tree by 368.4% during the 3rd quarter. Shell Asset Management Co. now owns 72,354 shares of the company’s stock valued at $4,057,000 after purchasing an additional 56,906 shares during the last quarter. South Dakota Investment Council acquired a new stake in Dollar Tree during the 2nd quarter valued at $804,000. Finally, Korea Investment CORP lifted its holdings in Dollar Tree by 170.4% during the 3rd quarter. Korea Investment CORP now owns 56,489 shares of the company’s stock valued at $4,904,000 after purchasing an additional 35,600 shares during the last quarter. 89.92% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have recently weighed in on the stock. BMO Capital Markets set a $115.00 price target on shares of Dollar Tree and gave the stock a “hold” rating in a research note on Saturday, November 25th. Barclays reaffirmed a “hold” rating and set a $100.00 price target on shares of Dollar Tree in a research note on Friday, November 24th. MKM Partners raised their price target on shares of Dollar Tree from $96.00 to $105.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 22nd. Sanford C. Bernstein set a $87.00 price target on shares of Dollar Tree and gave the stock a “hold” rating in a research note on Wednesday, November 22nd. Finally, KeyCorp reaffirmed an “overweight” rating and set a $115.00 price target (up from $98.00) on shares of Dollar Tree in a research note on Wednesday, November 22nd. Eleven equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $99.92.

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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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