On 12/8/2017 Thomas A Saunders, Director, sold 12,440 with an average share price of $108.15 per share and the total transaction amounting to $1,345,386.00. Old William A. JR had sold 1,487 shares worth $136,062.
Stock research firms now have a positive stance on shares of Public Service Enterprise Group Incorporated (NYSE:PEG). Highfields Capital Management Lp who had been investing in Dollar Tree Inc for a number of months, seems to be bullish on the $20.88 billion market cap company. OTR Global assumed coverage on shares of Dollar Tree in a report on Tuesday, February 20th. (NASDAQ:DLTR), 12 rate it "Buy", 6 "Outperform", 11 "Underperform", 0 "Sell", while 0 "Hold". Exane Derivatives acquired a new position in shares of Dollar Tree in the fourth quarter worth $104,000. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce.
DLTR, one of the leading operators of discount stores, delivered fourth-quarter fiscal 2017 adjusted earnings of $1.89 per share that lagged the Zacks Consensus Estimate by a penny.
The company earned $1.89 per share on revenue of $6.36 billion, compared to estimates of $1.90 per share on revenue of $6.4 billion. Of all equities tracked, Dollar Tree had the 10th highest net in-flow for the day. Arizona State Retirement System's holdings in Dollar Tree were worth $9,172,000 as of its most recent filing with the SEC. Investors might consider the stock as a long term growth candidate as the firm has yielded 13.40% earnings per share growth over the past 5 years and 25.60% revenue growth over that same time frame.
The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.20. The stock has a market cap of $24,335.58, a PE ratio of 24.85, a PEG ratio of 1.26 and a beta of 0.80. Dollar Tree presently has an average rating of "Buy" and a consensus target price of $105.92.
As earnings season comes into focus, investors will be closely tracking sell-side estimates. FTB Advisors Inc. now owns 1,390 shares of the company's stock worth $149,000 after acquiring an additional 992 shares during the last quarter. Rockefeller Services has invested 0% in Dollar Tree, Inc. Manor Road Capital Partners Llc bought 100,000 shares as the company's stock declined 0.40% while stock markets rallied. Finally, UBS Asset Management Americas Inc. grew its holdings in Dollar Tree by 7.8% during the fourth quarter.
For the current Fiscal Quarter, 18 analysts on average are expecting earnings of $0.94 per share.
Urban Outfitters, Inc (URBN), the lifestyle specialty retailer said net sales in the fourth-quarter ending in January advanced 5.7% from a year ago to $1.1 billion.
Dollar Tree is proving once again that its brick and mortar value proposition is still attracting scores of shoppers. If you are viewing this piece of content on another publication, it was illegally stolen and reposted in violation of United States & global trademark and copyright laws. The original version of this story can be accessed at https://www.mareainformativa.com/2018/03/07/dollar-tree-inc-dltr-holdings-boosted-by-blackrock-inc-updated-updated.html.
Dollar Tree said it expects net sales for the first quarter of 2018 to range from $5.53 billion to $5.63 billion, based on a low single-digit increase in same-store sales. Same-store sales for the Dollar Tree banner increased 3.8% on a constant currency basis (or 3.9% when adjusted to include the impact of Canadian currency fluctuations).
By segment, comps were up 3.4% for Dollar Tree and 0.4% for Family Dollar.