Corient Private Wealth LLC Has $1.41 Million Holdings in Dollar Tree, Inc. (NASDAQ:DLTR)

Corient Private Wealth LLC lifted its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 8.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,843 shares of the company’s stock after purchasing an additional 1,424 shares during the quarter. Corient Private Wealth LLC’s holdings in Dollar Tree were worth $1,412,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in DLTR. Madison Investment Advisors LLC bought a new position in Dollar Tree during the 4th quarter worth $113,315,000. State Street Corp grew its holdings in shares of Dollar Tree by 6.8% during the 3rd quarter. State Street Corp now owns 9,427,910 shares of the company’s stock worth $662,971,000 after purchasing an additional 596,191 shares in the last quarter. Kovitz Investment Group Partners LLC grew its holdings in shares of Dollar Tree by 45.9% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,351,632 shares of the company’s stock worth $95,994,000 after purchasing an additional 425,245 shares in the last quarter. Natixis Advisors LLC increased its position in shares of Dollar Tree by 111.0% in the fourth quarter. Natixis Advisors LLC now owns 650,493 shares of the company’s stock worth $48,748,000 after purchasing an additional 342,196 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in Dollar Tree in the fourth quarter valued at about $24,922,000. 97.40% of the stock is currently owned by institutional investors.

Dollar Tree Stock Down 3.7 %

Shares of NASDAQ:DLTR opened at $67.14 on Wednesday. Dollar Tree, Inc. has a 1 year low of $60.49 and a 1 year high of $137.14. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.03 and a quick ratio of 0.17. The business’s 50-day moving average is $71.06 and its 200-day moving average is $70.13. The company has a market capitalization of $14.43 billion, a price-to-earnings ratio of -14.08, a P/E/G ratio of 2.16 and a beta of 0.91.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on DLTR. StockNews.com upgraded shares of Dollar Tree from a “sell” rating to a “hold” rating in a research note on Thursday, December 5th. Telsey Advisory Group reissued a “market perform” rating and issued a $75.00 price objective on shares of Dollar Tree in a research note on Thursday, March 6th. Piper Sandler restated a “neutral” rating and set a $72.00 price objective (up from $67.00) on shares of Dollar Tree in a research report on Thursday, December 5th. UBS Group reduced their target price on Dollar Tree from $105.00 to $95.00 and set a “buy” rating on the stock in a report on Friday, March 21st. Finally, Guggenheim lowered their price target on Dollar Tree from $120.00 to $100.00 and set a “buy” rating for the company in a report on Friday, December 6th. Sixteen equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $83.89.

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.