Insider Selling: Dollar Tree, Inc. (DLTR) CFO Sells 12,559 Shares of Stock

Dollar Tree, Inc. (NASDAQ:DLTR) CFO Kevin S. Wampler sold 12,559 shares of the stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $103.89, for a total value of $1,304,754.51. Following the completion of the transaction, the chief financial officer now owns 77,164 shares in the company, valued at approximately $8,016,567.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Dollar Tree, Inc. (DLTR) traded down $1.38 on Thursday, hitting $102.76. The stock had a trading volume of 4,236,620 shares, compared to its average volume of 2,754,947. Dollar Tree, Inc. has a 12 month low of $65.63 and a 12 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 price-to-earnings-growth ratio of 1.59 and a beta of 0.59.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings data 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 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 period in the prior year, the business earned $0.72 earnings per share. Dollar Tree’s revenue for the quarter was up 6.3% compared to the same quarter last year. equities research analysts anticipate that Dollar Tree, Inc. will post 4.84 EPS for the current fiscal year.

Institutional investors and hedge funds have recently bought and sold shares of the company. BlueMountain Capital Management LLC boosted its position in shares of Dollar Tree by 119.0% in 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 during the period. Sun Life Financial INC boosted its position in shares of Dollar Tree by 17,100.0% in 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 during the period. YorkBridge Wealth Partners LLC boosted its position in shares of Dollar Tree by 2.0% in 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 during the period. Advisory Services Network LLC boosted its position in shares of Dollar Tree by 0.6% in 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 during the period. Finally, Integrated Investment Consultants LLC bought a new stake in shares of Dollar Tree in the third quarter valued at approximately $150,000. 89.92% of the stock is owned by institutional investors.

A number of equities analysts recently commented on DLTR shares. Loop Capital restated a “buy” rating and issued a $86.00 price objective on shares of Dollar Tree in a report on Wednesday, August 9th. Buckingham Research reiterated a “buy” rating and set a $87.00 price target on shares of Dollar Tree in a report on Wednesday, August 9th. BidaskClub upgraded Dollar Tree from a “hold” rating to a “buy” rating in a report on Tuesday, August 8th. Zacks Investment Research upgraded Dollar Tree from a “hold” rating to a “buy” rating and set a $85.00 price target on the stock in a report on Tuesday, August 8th. Finally, Bank of America started coverage on Dollar Tree in a report on Friday, August 25th. They set a “buy” rating and a $91.00 price target on the stock. Eleven analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $99.92.

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Dollar Tree Company Profile

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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