3,034 Shares in Dollar Tree, Inc. (NASDAQ:DLTR) Acquired by Kera Capital Partners Inc.

Kera Capital Partners Inc. acquired a new stake in Dollar Tree, Inc. (NASDAQ:DLTR) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 3,034 shares of the company’s stock, valued at approximately $227,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. State Street Corp increased its holdings in Dollar Tree by 6.8% in the third quarter. State Street Corp now owns 9,427,910 shares of the company’s stock valued at $662,971,000 after buying an additional 596,191 shares during the last quarter. EdgePoint Investment Group Inc. boosted its position in shares of Dollar Tree by 0.5% during the 3rd quarter. EdgePoint Investment Group Inc. now owns 6,939,526 shares of the company’s stock worth $487,987,000 after acquiring an additional 35,862 shares in the last quarter. Primecap Management Co. CA increased its holdings in shares of Dollar Tree by 5.5% in the 3rd quarter. Primecap Management Co. CA now owns 3,030,845 shares of the company’s stock valued at $213,129,000 after acquiring an additional 158,385 shares during the last quarter. Janus Henderson Group PLC raised its position in shares of Dollar Tree by 9.8% during the 3rd quarter. Janus Henderson Group PLC now owns 1,844,762 shares of the company’s stock worth $129,724,000 after acquiring an additional 165,398 shares in the last quarter. Finally, Equity Investment Corp raised its position in shares of Dollar Tree by 95.9% during the 3rd quarter. Equity Investment Corp now owns 1,525,374 shares of the company’s stock worth $107,264,000 after acquiring an additional 746,913 shares in the last quarter. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Dollar Tree Trading Up 1.4 %

Shares of DLTR stock opened at $72.07 on Monday. The business’s fifty day moving average price is $70.81 and its 200 day moving average price is $79.01. The firm has a market capitalization of $15.49 billion, a PE ratio of -15.11, a P/E/G ratio of 2.32 and a beta of 0.90. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.03 and a quick ratio of 0.17. Dollar Tree, Inc. has a 1-year low of $60.49 and a 1-year high of $151.21.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings data on Wednesday, December 4th. The company reported $1.12 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.05. Dollar Tree had a negative net margin of 3.34% and a positive return on equity of 16.89%. The firm had revenue of $7.57 billion for the quarter, compared to the consensus estimate of $7.45 billion. During the same quarter in the previous year, the firm earned $0.97 earnings per share. The firm’s revenue was up 3.5% on a year-over-year basis. As a group, sell-side analysts forecast that Dollar Tree, Inc. will post 5.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Evercore ISI dropped their price target on shares of Dollar Tree from $94.00 to $92.00 and set an “in-line” rating on the stock in a research note on Tuesday, December 3rd. Redburn Atlantic raised shares of Dollar Tree to a “hold” rating in a research report on Monday, September 23rd. Telsey Advisory Group reissued a “market perform” rating and issued a $75.00 price target on shares of Dollar Tree in a research report on Friday, December 20th. KeyCorp lowered Dollar Tree from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 7th. Finally, Truist Financial lifted their target price on Dollar Tree from $79.00 to $83.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Seventeen equities 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.com, the company has a consensus rating of “Hold” and a consensus price target of $85.58.

Dollar Tree Company Profile

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.