Dollar Tree Inc. (DLTR) Receives Buy Rating from Goldman Sachs Group Inc

Dollar Tree Inc. (DLTR) Receives Buy Rating from Goldman Sachs Group Inc

Dollar Tree Inc. (DLTR) Receives Buy Rating from Goldman Sachs Group Inc

The investment firm sold 6,510 shares of DLTR which is valued $626,783.Commonwealth Of Pennsylvania Public School Empls Retrmt Sys boosted its stake in DLTR in the latest quarter, The investment management firm added 1,437 additional shares and now holds a total of 18,861 shares of Dollar Tree which is valued at $1,815,937. (NASDAQ:DLTR) in a research report report published on Tuesday. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell The mean price target for the shares of company is at $94.75 while the highest price target suggested by the analysts is $106.00 and low price target is $76.00.

05/24/2016 - Topeka Capital Markets began new coverage on Dollar Tree, Inc. giving the company a "buy" rating.

The share price of Dollar Tree, Inc. Dollar Tree makes up approx 0.04% of Herndon Capital Management's portfolio. They now have a Dollars 104 price target on the stock.

Additionally, he firm maintained its "buy" rating on Dollar General and cut Dollar Tree's rating to "neutral" from "buy". The forecast of 7 polled investment analysts covering the stock advises investors to Buy stake in the company. The stock was purchased at an average cost of $85.00 per share, with a total value of $124,950.00. Brahman Capital Corp. now owns 2,989,800 shares of the company's stock valued at $230,872,000 after buying an additional 23,450 shares during the period. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The stock was sold at an average price of $83.21, for a total transaction of $203,781.29. The Company holds 235.86 million shares outstanding. The disclosure for this purchase can be found here. The fund owned 179,582 shares of the company's stock after buying an additional 21,648 shares during the period. The company reported $0.72 earnings per share for the quarter, missing the consensus estimate of $0.73 by $0.01. Finally, Livforsakringsbolaget Skandia Omsesidigt raised its position in Dollar Tree by 41.8% in the second quarter. (NASDAQ: DLTR) opened at $83.56 and traded in a range between, $82.71 and $83.75 yesterday, and last traded at $83.28, which represents a change of $ 0.17 over the previous closing price. The company has a market cap of $19.57 billion.

The technical analysis of Dollar Tree, Inc. plainly substantiates that the 50-day moving average of Dollar Tree, $94.03, and stock is trading $-11.02 points away or -11.72% from its 50-day moving average of $94.03. Dollar Tree, Inc. (NASDAQ:DLTR) shares were trading -16.83% below from the 52-week high mark of $99.93 and +37.80% above from the 52-week bottom of $60.31. During the same quarter in the prior year, the company posted $0.67 earnings per share. During the same period in the previous year, the business earned $0.67 EPS. The firm's revenue was up 66.0% on a year-over-year basis. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels.

Dollar Store insiders have bought shares while analysts downgrade the stocks. The Firm operates approximately 13,851 discount variety retail stores. Dollar Tree, Inc. (NASDAQ:DLTR) PEG ratio is at 1.15. The Dollar Tree segment operates discount variety stores offering merchandise at a fixed price.

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