Dollar Tree Inc. (DLTR) Stake Raised by Eagle Asset Management Inc
During last one month it showed the change of -13.97%.
05/27/2016 – Dollar Tree, Inc. had its “hold” rating reiterated by analysts at Jefferies. Lone Pine Capital LLC boosted its position in Dollar Tree by 156.7% in the fourth quarter. The stock’s market capitalization is 19.62B. Finally, Norges Bank purchased a new position in Dollar Tree during the fourth quarter valued at approximately $157,389,000. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. The company recent traded volume was higher than its average volume of 2.06 million shares. Carroll Financial Associates Inc. raised its position in Dollar Tree by 0.4% in the second quarter. (NASDAQ:DLTR) has 235.86 million outstanding shares among them 226.51 million shares have been floated in market exchange. The average volume stands around 2.07 million shares. The 52 week high shares of Dollar Tree, Inc. have reached is 99.93 whilst the 52 week low for the company’s shares is 60.31. The stock’s price fluctuated within the range of $82.55 – $83.83 during previous trading session. Also, Director Lemuel E. Lewis purchased 1,470 shares of the business’s stock in a transaction on Tuesday, August 30th.
In taking a look at technical levels, shares are trading 3.74% away from the 50 day simple moving average and 16.70% away from the 200 day simple moving average. Buckingham Research restated a buy rating and issued a $106.00 target price on shares of Dollar Tree in a research note on Wednesday, July 6th. Dollar Tree, Inc. (NASDAQ:DLTR) has risen 1.95% since February 2, 2016 and is uptrending.
Deere & Company (NYSE:DE)’s earnings per share growth ratio for the past 5 years was noted as 5.8% while revenue increase for the past 5 years was 1.8%.
At the recent close, Deere & Company (NYSE:DE) tinted gains of +0.5% (+0.42 points) to US$84.47. “Looking over the DLTR ranking chart, the DLTR got 14 analysts recommendation as a Buy security in previous month pool in contrast with 11” Analysts gave buy ratings at this month. The firm’s revenue was up 66.0% on a year-over-year basis.
Their share prices have dropped sharply since then but are still up year to date.
A number of other research firms also recently commented on DLTR.
Goldman Sachs on Tuesday maintained Dollar Tree, Inc.’s analyst rating as “Buy” with its price target of 101 highlighting a potential increase of 21.53% from Dollar Tree, Inc.’s current price of 83.11.
Point72 Asset Management scooped up 537,500 additional shares in Dollar Tree during the most recent quarter end, the firm said in a disclosure report filed with the SEC on Aug 15, 2016. As earning per share serves as an indicator for company’s profitability, analyst have given their estimate trends for the next year with quarterly estimate of $0.11.
MSCI Inc. – Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with MarketBeat.com’s FREE daily email newsletter. The mean price target is calculated keeping in view the consensus of 19 brokerage firms. Relative volume is ratio between current volume and 3-month average value, intraday adjusted. Following the completion of the transaction, the insider now owns 8,904 shares of the company’s stock, valued at approximately $740,901.84. They now have a United States dollars 101 price target on the stock.