SRS Capital Advisors Inc. Has $133,000 Stock Holdings in Dollar Tree, Inc. (NASDAQ:DLTR)

SRS Capital Advisors Inc. grew its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 3,857.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,781 shares of the company’s stock after buying an additional 1,736 shares during the quarter. SRS Capital Advisors Inc.’s holdings in Dollar Tree were worth $133,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of DLTR. State Street Corp grew its stake in shares of Dollar Tree by 6.8% in the third quarter. State Street Corp now owns 9,427,910 shares of the company’s stock valued at $662,971,000 after acquiring an additional 596,191 shares in the last quarter. EdgePoint Investment Group Inc. grew its position in shares of Dollar Tree by 0.5% during the 3rd quarter. EdgePoint Investment Group Inc. now owns 6,939,526 shares of the company’s stock worth $487,987,000 after purchasing an additional 35,862 shares in the last quarter. Primecap Management Co. CA increased its holdings in shares of Dollar Tree by 5.5% during the third quarter. Primecap Management Co. CA now owns 3,030,845 shares of the company’s stock worth $213,129,000 after purchasing an additional 158,385 shares during the period. Janus Henderson Group PLC increased its holdings in shares of Dollar Tree by 9.8% during the third quarter. Janus Henderson Group PLC now owns 1,844,762 shares of the company’s stock worth $129,724,000 after purchasing an additional 165,398 shares during the period. Finally, Equity Investment Corp raised its position in shares of Dollar Tree by 95.9% in the third quarter. Equity Investment Corp now owns 1,525,374 shares of the company’s stock valued at $107,264,000 after buying an additional 746,913 shares in the last quarter. Institutional investors and hedge funds own 97.40% of the company’s stock.

Dollar Tree Trading Up 5.2 %

NASDAQ DLTR opened at $70.15 on Thursday. Dollar Tree, Inc. has a twelve month low of $60.49 and a twelve month high of $151.00. The business’s fifty day moving average is $73.25 and its 200 day moving average is $72.36. 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 company has a market cap of $15.08 billion, a price-to-earnings ratio of -14.71, a price-to-earnings-growth ratio of 2.16 and a beta of 0.91.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings results on Wednesday, December 4th. The company reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $1.07 by $0.05. Dollar Tree had a positive return on equity of 16.89% and a negative net margin of 3.34%. The firm had revenue of $7.57 billion for the quarter, compared to analyst estimates of $7.45 billion. During the same period last year, the firm posted $0.97 earnings per share. The business’s revenue for the quarter was up 3.5% on a year-over-year basis. As a group, sell-side analysts expect that Dollar Tree, Inc. will post 5.39 EPS for the current fiscal year.

Wall Street Analyst Weigh In

DLTR has been the topic of a number of analyst reports. Citigroup increased their price target on Dollar Tree from $64.00 to $76.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. StockNews.com raised Dollar Tree from a “sell” rating to a “hold” rating in a report on Thursday, December 5th. KeyCorp downgraded Dollar Tree from an “overweight” rating to a “sector weight” rating in a research note on Thursday, November 7th. Loop Capital increased their price objective on shares of Dollar Tree from $65.00 to $75.00 and gave the stock a “hold” rating in a research note on Thursday, December 5th. Finally, Guggenheim decreased their target price on shares of Dollar Tree from $120.00 to $100.00 and set a “buy” rating on the stock in a report on Friday, December 6th. Sixteen analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Dollar Tree currently has a consensus rating of “Hold” and an average price target of $85.58.

About Dollar Tree

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.