Dollar Tree, Inc. (NASDAQ:DLTR)‘s stock had its “hold” rating reiterated by analysts at BMO Capital Markets in a research note issued to investors on Thursday. They currently have a $90.00 target price on the stock. BMO Capital Markets’ target price would indicate a potential downside of 1.37% from the stock’s current price.

A number of other equities research analysts also recently issued reports on the stock. Jefferies Group LLC reiterated a “hold” rating and issued a $85.00 target price on shares of Dollar Tree in a research report on Tuesday. Zacks Investment Research downgraded shares of Dollar Tree from a “buy” rating to a “hold” rating in a report on Tuesday. Royal Bank Of Canada set a $92.00 price target on shares of Dollar Tree and gave the company a “buy” rating in a report on Monday. Loop Capital downgraded shares of Dollar Tree from a “buy” rating to a “hold” rating and set a $88.00 price target on the stock. in a report on Friday, October 13th. Finally, Cleveland Research upgraded shares of Dollar Tree from a “neutral” rating to a “buy” rating in a report on Wednesday, October 4th. Twelve research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Dollar Tree presently has an average rating of “Buy” and an average target price of $90.00.

Dollar Tree (NASDAQ:DLTR) last released its earnings results on Thursday, August 24th. The company reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.12. Dollar Tree had a net margin of 4.37% and a return on equity of 18.07%. The company had revenue of $5.28 billion during the quarter, compared to the consensus estimate of $5.24 billion. During the same quarter in the prior year, the firm earned $0.72 EPS. The company’s revenue was up 5.7% compared to the same quarter last year.

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In other news, Chairman Macon F. Brock, Jr. sold 150,000 shares of the business’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $91.13, for a total value of $13,669,500.00. Following the sale, the chairman now owns 1,128,795 shares of the company’s stock, valued at $102,867,088.35. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Chairman Macon F. Brock, Jr. sold 63,000 shares of the business’s stock in a transaction on Friday, October 13th. The stock was sold at an average price of $91.04, for a total transaction of $5,735,520.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 251,449 shares of company stock valued at $22,808,837. Corporate insiders own 4.10% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC raised its position in Dollar Tree by 0.6% during the second quarter. Advisory Services Network LLC now owns 1,924 shares of the company’s stock worth $135,000 after acquiring an additional 12 shares in the last quarter. Ironwood Investment Management LLC increased its holdings in shares of Dollar Tree by 0.7% in the second quarter. Ironwood Investment Management LLC now owns 4,468 shares of the company’s stock valued at $312,000 after purchasing an additional 31 shares during the last quarter. YorkBridge Wealth Partners LLC increased its holdings in shares of Dollar Tree by 2.0% in the second quarter. YorkBridge Wealth Partners LLC now owns 1,877 shares of the company’s stock valued at $131,000 after purchasing an additional 36 shares during the last quarter. Atlantic Trust LLC increased its holdings in shares of Dollar Tree by 1.2% in the first quarter. Atlantic Trust LLC now owns 5,270 shares of the company’s stock valued at $414,000 after purchasing an additional 60 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Dollar Tree by 0.4% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 17,584 shares of the company’s stock valued at $1,229,000 after purchasing an additional 73 shares during the last quarter. 90.73% of the stock is currently owned by hedge funds and other institutional investors.

Dollar Tree Company Profile

Dollar Tree, Inc is an operator of discount variety stores. As of January 28, 2017, the Company operated 14,334 stores in 48 states and the District of Columbia, and five Canadian provinces. Its segments include Dollar Tree and Family Dollar. The Dollar Tree segment is the operator of discount variety stores offering merchandise at a fixed price.

Analyst Recommendations for Dollar Tree (NASDAQ:DLTR)

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