Elo Mutual Pension Insurance Co Has $1.06 Million Stock Holdings in Dollar Tree, Inc. (NASDAQ:DLTR)

Elo Mutual Pension Insurance Co decreased its stake in Dollar Tree, Inc. (NASDAQ:DLTR) by 22.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,175 shares of the company’s stock after selling 4,080 shares during the period. Elo Mutual Pension Insurance Co’s holdings in Dollar Tree were worth $1,062,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Assetmark Inc. lifted its stake in shares of Dollar Tree by 74.1% in the 4th quarter. Assetmark Inc. now owns 350 shares of the company’s stock valued at $26,000 after acquiring an additional 149 shares during the last quarter. Deseret Mutual Benefit Administrators grew its position in Dollar Tree by 20.9% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 907 shares of the company’s stock worth $68,000 after acquiring an additional 157 shares during the last quarter. Checchi Capital Advisers LLC increased its holdings in Dollar Tree by 5.6% in the 4th quarter. Checchi Capital Advisers LLC now owns 3,390 shares of the company’s stock worth $254,000 after purchasing an additional 180 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its position 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 purchasing an additional 210 shares during the last quarter. Finally, Metis Global Partners LLC grew its holdings in shares of Dollar Tree by 3.4% during the fourth quarter. Metis Global Partners LLC now owns 6,773 shares of the company’s stock worth $508,000 after purchasing an additional 220 shares during the last quarter. Institutional investors and hedge funds own 97.40% of the company’s stock.

Analysts Set New Price Targets

DLTR has been the subject of a number of research reports. UBS Group dropped their price objective on shares of Dollar Tree from $105.00 to $95.00 and set a “buy” rating for the company in a report on Friday, March 21st. Loop Capital restated a “hold” rating on shares of Dollar Tree in a research report on Thursday. Citigroup lifted their price target on shares of Dollar Tree from $64.00 to $76.00 and gave the stock a “neutral” rating in a report on Thursday, December 5th. Telsey Advisory Group increased their price objective on Dollar Tree from $75.00 to $82.00 and gave the company a “market perform” rating in a report on Thursday. Finally, Guggenheim cut their target price on Dollar Tree from $100.00 to $95.00 and set a “buy” rating on the stock in a report on Friday. Sixteen research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, Dollar Tree has a consensus rating of “Hold” and a consensus target price of $83.42.

Dollar Tree Price Performance

Shares of NASDAQ:DLTR opened at $72.75 on Monday. Dollar Tree, Inc. has a twelve month low of $60.49 and a twelve month high of $137.14. The stock’s 50 day moving average is $71.17 and its 200-day moving average is $70.27. The company has a quick ratio of 0.17, a current ratio of 1.03 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $15.65 billion, a price-to-earnings ratio of -15.25, a PEG ratio of 2.16 and a beta of 0.91.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings data on Wednesday, March 26th. The company reported $2.11 earnings per share for the quarter, missing analysts’ consensus estimates of $2.20 by ($0.09). The business had revenue of $5 billion during the quarter, compared to the consensus estimate of $8.23 billion. Dollar Tree had a negative net margin of 3.34% and a positive return on equity of 16.89%. The firm’s quarterly revenue was up .7% on a year-over-year basis. During the same period last year, the business posted $2.55 earnings per share. Sell-side analysts forecast that Dollar Tree, Inc. will post 5.39 EPS for the current fiscal year.

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.