2,728 Shares in Dollar Tree, Inc. (NASDAQ:DLTR) Purchased by Dana Investment Advisors Inc.

Dana Investment Advisors Inc. bought a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,728 shares of the company’s stock, valued at approximately $204,000.

Several other institutional investors also recently bought and sold shares of the business. Assetmark Inc. grew its holdings in Dollar Tree by 74.1% in the fourth quarter. Assetmark Inc. now owns 350 shares of the company’s stock valued at $26,000 after purchasing an additional 149 shares during the period. Deseret Mutual Benefit Administrators grew its holdings in Dollar Tree by 20.9% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 907 shares of the company’s stock valued at $68,000 after purchasing an additional 157 shares during the period. Checchi Capital Advisers LLC grew its holdings in Dollar Tree by 5.6% in the fourth quarter. Checchi Capital Advisers LLC now owns 3,390 shares of the company’s stock valued at $254,000 after purchasing an additional 180 shares during the period. Alan B Lancz & Associates Inc. grew its holdings in Dollar Tree by 6.6% in the third quarter. Alan B Lancz & Associates Inc. now owns 3,250 shares of the company’s stock valued at $229,000 after purchasing an additional 200 shares during the period. Finally, AM Squared Ltd grew its holdings in Dollar Tree by 12.5% in the third quarter. AM Squared Ltd now owns 1,800 shares of the company’s stock valued at $127,000 after purchasing an additional 200 shares during the period. 97.40% of the stock is owned by institutional investors and hedge funds.

Dollar Tree Stock Performance

Shares of Dollar Tree stock opened at $68.99 on Monday. Dollar Tree, Inc. has a one year low of $60.49 and a one year high of $150.74. The company has a market cap of $14.83 billion, a price-to-earnings ratio of -14.46, a PEG ratio of 2.16 and a beta of 0.91. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.17 and a current ratio of 1.03. The business’s 50 day moving average price is $72.96 and its 200 day moving average price is $71.73.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. BMO Capital Markets raised their price objective on Dollar Tree from $65.00 to $70.00 and gave the company a “market perform” rating in a report on Thursday, December 5th. Truist Financial lifted their price target on Dollar Tree from $79.00 to $83.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Guggenheim lowered their price target on Dollar Tree from $120.00 to $100.00 and set a “buy” rating on the stock in a research note on Friday, December 6th. Piper Sandler reaffirmed a “neutral” rating and issued a $72.00 price target (up from $67.00) on shares of Dollar Tree in a research note on Thursday, December 5th. Finally, Evercore ISI lowered their price target on 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. Sixteen analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Dollar Tree presently has a consensus rating of “Hold” and a consensus price target of $84.79.

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.