Corient Private Wealth LLC Has $1.41 Million Position in Dollar Tree, Inc. (NASDAQ:DLTR)

Corient Private Wealth LLC boosted its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 8.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,843 shares of the company’s stock after purchasing an additional 1,424 shares during the period. Corient Private Wealth LLC’s holdings in Dollar Tree were worth $1,412,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Madison Investment Advisors LLC acquired a new position in shares of Dollar Tree during the fourth quarter valued at $113,315,000. State Street Corp raised its stake in shares of Dollar Tree by 6.8% during the third quarter. State Street Corp now owns 9,427,910 shares of the company’s stock worth $662,971,000 after buying an additional 596,191 shares during the last quarter. Kovitz Investment Group Partners LLC lifted its holdings in Dollar Tree by 45.9% in the third quarter. Kovitz Investment Group Partners LLC now owns 1,351,632 shares of the company’s stock valued at $95,994,000 after buying an additional 425,245 shares during the period. Natixis Advisors LLC boosted its stake in Dollar Tree by 111.0% in the fourth quarter. Natixis Advisors LLC now owns 650,493 shares of the company’s stock valued at $48,748,000 after acquiring an additional 342,196 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Dollar Tree during the 4th quarter worth $24,922,000. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Dollar Tree Price Performance

Dollar Tree stock opened at $67.14 on Wednesday. The company has a market capitalization of $14.43 billion, a price-to-earnings ratio of -14.08, a PEG ratio of 2.16 and a beta of 0.91. The company has a current ratio of 1.03, a quick ratio of 0.17 and a debt-to-equity ratio of 0.32. Dollar Tree, Inc. has a 12 month low of $60.49 and a 12 month high of $137.14. The stock’s 50 day moving average is $71.06 and its 200-day moving average is $70.13.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Jefferies Financial Group lifted their target price on Dollar Tree from $70.00 to $75.00 and gave the stock a “hold” rating in a report on Wednesday, December 4th. Wells Fargo & Company cut their price target on Dollar Tree from $100.00 to $85.00 and set an “overweight” rating on the stock in a report on Friday, March 7th. Evercore ISI reduced their target price on shares of Dollar Tree from $94.00 to $92.00 and set an “in-line” rating for the company in a report on Tuesday, December 3rd. UBS Group reduced their price objective on shares of Dollar Tree from $105.00 to $95.00 and set a “buy” rating for the company in a research note on Friday, March 21st. Finally, Loop Capital lifted their target price on Dollar Tree from $65.00 to $75.00 and gave the company a “hold” rating in a research report on Thursday, December 5th. Sixteen analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Dollar Tree presently has a consensus rating of “Hold” and an average target price of $83.89.

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.