Compton Wealth Advisory Group LLC Sells 154 Shares of Dollar Tree, Inc. (NASDAQ:DLTR)

Compton Wealth Advisory Group LLC cut its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 0.4% in the 4th quarter, HoldingsChannel reports. The firm owned 35,075 shares of the company’s stock after selling 154 shares during the period. Compton Wealth Advisory Group LLC’s holdings in Dollar Tree were worth $2,629,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Empower Advisory Group LLC boosted its stake in Dollar Tree by 41.3% in the third quarter. Empower Advisory Group LLC now owns 659,747 shares of the company’s stock worth $46,393,000 after buying an additional 192,754 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of Dollar Tree by 374.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,277 shares of the company’s stock valued at $160,000 after purchasing an additional 1,797 shares during the last quarter. Equity Investment Corp raised its position in Dollar Tree by 95.9% in the 3rd quarter. Equity Investment Corp now owns 1,525,374 shares of the company’s stock worth $107,264,000 after purchasing an additional 746,913 shares during the period. Forest Avenue Capital Management LP bought a new stake in Dollar Tree in the third quarter worth $19,591,000. Finally, Anthracite Investment Company Inc. purchased a new stake in Dollar Tree during the third quarter valued at about $2,813,000. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on DLTR shares. BMO Capital Markets boosted their price objective on Dollar Tree from $65.00 to $70.00 and gave the company a “market perform” rating in a research report on Thursday, December 5th. Loop Capital raised their price target on shares of Dollar Tree from $65.00 to $75.00 and gave the stock a “hold” rating in a report on Thursday, December 5th. Guggenheim lowered their price objective on shares of Dollar Tree from $120.00 to $100.00 and set a “buy” rating for the company in a research note on Friday, December 6th. JPMorgan Chase & Co. raised their target price on Dollar Tree from $70.00 to $82.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 5th. Finally, Redburn Atlantic raised Dollar Tree to a “hold” rating in a research report on Monday, September 23rd. Seventeen research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $85.58.

Dollar Tree Stock Down 2.3 %

Shares of DLTR stock traded down $1.69 during trading hours on Monday, hitting $71.21. 564,940 shares of the company’s stock traded hands, compared to its average volume of 2,779,052. The company has a quick ratio of 0.17, a current ratio of 1.03 and a debt-to-equity ratio of 0.32. The stock’s fifty day simple moving average is $70.14 and its two-hundred day simple moving average is $80.07. Dollar Tree, Inc. has a 12-month low of $60.49 and a 12-month high of $151.21. The stock has a market cap of $15.31 billion, a price-to-earnings ratio of -14.93, a PEG ratio of 2.23 and a beta of 0.92.

Dollar Tree (NASDAQ:DLTR) last issued its earnings results on Wednesday, December 4th. The company reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.05. The business had revenue of $7.57 billion during the quarter, compared to analysts’ expectations of $7.45 billion. Dollar Tree had a negative net margin of 3.34% and a positive return on equity of 16.89%. The business’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.97 earnings per share. On average, analysts expect that Dollar Tree, Inc. will post 5.39 EPS for the current year.

About Dollar Tree

Dollar Tree, Inc operates retail discount stores. The company 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, which includes everyday consumables, such as household paper and chemicals, food, candy, health, personal care products, 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.