Leeward Investments LLC MA Sells 2,112 Shares of Dollar Tree, Inc. (NASDAQ:DLTR)

Leeward Investments LLC MA reduced its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 2.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 78,638 shares of the company’s stock after selling 2,112 shares during the period. Leeward Investments LLC MA’s holdings in Dollar Tree were worth $11,171,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of DLTR. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Dollar Tree during the 3rd quarter worth $26,000. Operose Advisors LLC acquired a new position in Dollar Tree during the 3rd quarter valued at $34,000. Turtle Creek Wealth Advisors LLC acquired a new position in Dollar Tree during the 4th quarter valued at $35,000. City State Bank raised its stake in Dollar Tree by 200.0% during the 4th quarter. City State Bank now owns 300 shares of the company’s stock valued at $43,000 after purchasing an additional 200 shares during the last quarter. Finally, Mendota Financial Group LLC acquired a new position in Dollar Tree during the 4th quarter valued at $52,000. 97.40% of the stock is owned by institutional investors.

Analyst Ratings Changes

DLTR has been the subject of several research analyst reports. Truist Financial cut their target price on shares of Dollar Tree from $149.00 to $147.00 and set a “buy” rating for the company in a research note on Thursday, March 14th. Evercore ISI cut their target price on shares of Dollar Tree from $144.00 to $142.00 and set an “in-line” rating for the company in a research note on Tuesday, April 16th. BMO Capital Markets cut their target price on shares of Dollar Tree from $170.00 to $160.00 and set an “outperform” rating for the company in a research note on Thursday, March 14th. StockNews.com upgraded shares of Dollar Tree from a “sell” rating to a “hold” rating in a research note on Wednesday, March 27th. Finally, Jefferies Financial Group dropped their price objective on shares of Dollar Tree from $130.00 to $128.00 in a research note on Thursday, March 14th. One analyst has rated the stock with a sell rating, six have issued a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $150.05.

Dollar Tree Price Performance

NASDAQ:DLTR traded up $0.05 during mid-day trading on Friday, reaching $121.74. 1,349,844 shares of the company were exchanged, compared to its average volume of 2,752,449. Dollar Tree, Inc. has a 12 month low of $102.77 and a 12 month high of $161.10. The company has a fifty day moving average of $134.11 and a 200 day moving average of $128.93. The company has a quick ratio of 0.22, a current ratio of 1.31 and a debt-to-equity ratio of 0.47. The stock has a market cap of $26.54 billion, a PE ratio of -26.35, a PEG ratio of 1.15 and a beta of 0.90.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings data on Wednesday, March 13th. The company reported $2.55 EPS for the quarter, missing analysts’ consensus estimates of $2.67 by ($0.12). Dollar Tree had a positive return on equity of 15.11% and a negative net margin of 3.26%. The company had revenue of $8.63 billion for the quarter, compared to the consensus estimate of $8.66 billion. During the same period in the prior year, the company earned $2.04 EPS. The firm’s revenue was up 11.9% compared to the same quarter last year. On average, research analysts anticipate that Dollar Tree, Inc. will post 6.91 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Daniel J. Heinrich acquired 1,000 shares of the firm’s stock in a transaction on Monday, March 18th. The shares were purchased at an average price of $127.85 per share, with a total value of $127,850.00. Following the acquisition, the director now directly owns 6,225 shares in the company, valued at $795,866.25. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. In other Dollar Tree news, CFO Jeffrey A. Davis bought 1,800 shares of Dollar Tree stock in a transaction dated Monday, April 1st. The shares were bought at an average price of $136.00 per share, with a total value of $244,800.00. Following the purchase, the chief financial officer now owns 19,047 shares of the company’s stock, valued at $2,590,392. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Daniel J. Heinrich bought 1,000 shares of Dollar Tree stock in a transaction dated Monday, March 18th. The stock was acquired at an average cost of $127.85 per share, for a total transaction of $127,850.00. Following the purchase, the director now directly owns 6,225 shares in the company, valued at approximately $795,866.25. The disclosure for this purchase can be found here. Insiders own 6.00% of the company’s stock.

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.