DLTR has been the subject of a number of other reports.
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Displaying a price of $83.11, Dollar Tree Inc.
Dollar Tree, Inc. (NASDAQ:DLTR) Discount, Variety Stores has a current market price of 81.63 and the change is -0.26%.
Lemuel E Lewis, director of Dollar Tree Inc purchased 1,560 shares on Sep 13, 2016. At present, 16 analysts recommended Holding these shares while 0 recommended sell, according to FactSet data. Finally, Morgan Stanley set a $90.00 price objective on shares of Dollar Tree and gave the stock a “hold” rating in a report on Wednesday, August 31st.
Some buy side analysts are also providing their Analysis on Dollar Tree, Inc., where 5 analysts have rated the stock as Strong buy, 9 analysts have given a Buy signal, 9 said it’s a HOLD, 1 reported it as Underperform and 0 analysts rated the stock as Sell. The company presently has an average rating of “Buy” and a consensus target price of $95.10.
Dollar Tree: On Monday, Sep 12, 2016 heightened volatility was witnessed in Dollar Tree which led to swings in the share price. The stock has a market cap of $19.25 billion, a P/E ratio of 27.08 and a beta of 0.43. The company has logged a 50-day moving average of $92.23 and two hundred day average of $86.65. Dollar Tree has a 1-year low of $60.31 and a 1-year high of $99.93. (NYSE:DG) last issued its quarterly earnings results on Thursday, August 25th. For the past 5 years, the company’s revenue has grown 1.1%, while the company’s earnings per share has grown 0.9%. The business’s revenue was up 66.0% compared to the same quarter a year ago. The Return on Equity (ROE) value stands at 15.8%. The growth for the next year comes down to 20.06%, and its growth for the last five years shows at -4.00%.
In other news, Director Conrad M. Hall acquired 5,000 shares of the stock in a transaction on Monday, August 29th. Following the transaction, the director now owns 2,310,387 shares in the company, valued at approximately $220,641,958.50. The Insider buying transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. Nonetheless, the stock is -1.82% over the previous weeks close. The shares were bought at an average cost of $76.30 per share, with a total value of $381,500.00. Following the transaction, the director now directly owns 799 shares of the company’s stock, valued at $68,394.40. The disclosure for this sale can be found here. The company’s institutional ownership is monitored at 98.1%.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Orbis Allan Gray Ltd bought a new position in Dollar General Corp. during the first quarter worth $195,087,000. Sales growth in the quarter for Dollar Tree, Inc. Banbury Partners LLC now owns 286,137 shares of the company’s stock worth $23,595,000 after buying an additional 30,937 shares during the period.
Dollar General Corporation (NYSE:DG) after beginning at $70.49, closed at $71.43 by building up +1.56% in recent trading session. Pioneer Investment Management Inc. now owns 2,554,323 shares of the company’s stock worth $183,580,000 after buying an additional 854,658 shares during the last quarter.
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US stocks finished higher on Monday as investor fears for an interest rate hike subsided after Federal Reserve Board Governor Lael Brainard urged caution about removing monetary stimulus too quickly. For the next 5 years, Dollar Tree, Inc.is expecting Growth of 19.07% per annum, whereas in the past 5 years the growth was 10.41% per annum. As of July 06 2015 the Company operated more than 13600 stores across 48 states and five Canadian provinces.
