Dollar Tree (NASDAQ:DLTR) Price Target Lowered to $95.00 at UBS Group

Dollar Tree (NASDAQ:DLTR) had its price target lowered by analysts at UBS Group from $105.00 to $95.00 in a research note issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. UBS Group’s target price would suggest a potential upside of 42.32% from the stock’s current price.

DLTR has been the subject of a number of other research reports. Citigroup raised their price target on shares of Dollar Tree from $64.00 to $76.00 and gave the stock a “neutral” rating in a research note on Thursday, December 5th. StockNews.com upgraded shares of Dollar Tree from a “sell” rating to a “hold” rating in a research note on Thursday, December 5th. Telsey Advisory Group reiterated a “market perform” rating and issued a $75.00 target price on shares of Dollar Tree in a research note on Thursday, March 6th. Truist Financial lifted their target price on shares of Dollar Tree from $79.00 to $83.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Finally, Jefferies Financial Group lifted their target price on shares of Dollar Tree from $70.00 to $75.00 and gave the company a “hold” rating in a research note on Wednesday, December 4th. Sixteen research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Dollar Tree has a consensus rating of “Hold” and a consensus price target of $84.26.

Dollar Tree Stock Up 3.3 %

Shares of DLTR opened at $66.75 on Friday. The stock has a market cap of $14.35 billion, a price-to-earnings ratio of -13.99, a P/E/G ratio of 2.16 and a beta of 0.91. The company has a quick ratio of 0.17, a current ratio of 1.03 and a debt-to-equity ratio of 0.32. Dollar Tree has a 12 month low of $60.49 and a 12 month high of $137.14. The company has a 50-day moving average price of $71.15 and a two-hundred day moving average price of $70.08.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Assetmark Inc. increased 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 last quarter. Deseret Mutual Benefit Administrators lifted its stake 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 buying an additional 157 shares during the period. Checchi Capital Advisers LLC lifted its stake 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 buying an additional 180 shares during the period. MassMutual Private Wealth & Trust FSB lifted its stake in Dollar Tree by 91.3% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 440 shares of the company’s stock valued at $33,000 after buying an additional 210 shares during the period. Finally, Metis Global Partners LLC lifted its stake in Dollar Tree by 3.4% in the fourth quarter. Metis Global Partners LLC now owns 6,773 shares of the company’s stock valued at $508,000 after buying an additional 220 shares during the period. Institutional investors and hedge funds own 97.40% 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.