Kirr Marbach & Co. LLC IN Has $7.65 Million Stake in Dollar Tree, Inc. (NASDAQ:DLTR)

Kirr Marbach & Co. LLC IN lessened its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 4.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 102,052 shares of the company’s stock after selling 5,301 shares during the quarter. Dollar Tree makes up approximately 1.7% of Kirr Marbach & Co. LLC IN’s portfolio, making the stock its 21st largest position. Kirr Marbach & Co. LLC IN’s holdings in Dollar Tree were worth $7,648,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the business. Versant Capital Management Inc bought a new position in Dollar Tree in the fourth quarter worth $30,000. MassMutual Private Wealth & Trust FSB raised its position in shares of Dollar Tree by 91.3% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 440 shares of the company’s stock worth $33,000 after acquiring an additional 210 shares during the last quarter. Eastern Bank bought a new stake in shares of Dollar Tree during the 3rd quarter valued at $34,000. First Horizon Advisors Inc. boosted its stake in Dollar Tree by 105.6% during the 3rd quarter. First Horizon Advisors Inc. now owns 553 shares of the company’s stock worth $39,000 after acquiring an additional 284 shares during the last quarter. Finally, Sunbelt Securities Inc. increased its holdings in shares of Dollar Tree by 738.7% in the third quarter. Sunbelt Securities Inc. now owns 629 shares of the company’s stock worth $44,000 after acquiring an additional 554 shares in the last quarter. 97.40% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on DLTR shares. Telsey Advisory Group reiterated a “market perform” rating and set a $75.00 price objective on shares of Dollar Tree in a report on Friday, December 20th. Sanford C. Bernstein started coverage on Dollar Tree in a research report on Tuesday, October 22nd. They set a “market perform” rating and a $76.00 price target on the stock. Truist Financial raised their target price on shares of Dollar Tree from $79.00 to $83.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Loop Capital boosted their price target on Dollar Tree from $65.00 to $75.00 and gave the company a “hold” rating in a research note on Thursday, December 5th. Finally, Guggenheim lowered 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. Seventeen equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $85.58.

Dollar Tree Price Performance

Shares of DLTR opened at $74.95 on Wednesday. Dollar Tree, Inc. has a 52 week low of $60.49 and a 52 week high of $151.21. The stock has a 50 day moving average price of $71.84 and a two-hundred day moving average price of $77.43. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.03 and a quick ratio of 0.17.

Dollar Tree (NASDAQ:DLTR) last posted its earnings results on Wednesday, December 4th. The company reported $1.12 EPS for the quarter, topping the consensus estimate of $1.07 by $0.05. The firm had revenue of $7.57 billion for the quarter, compared to analysts’ expectations of $7.45 billion. Dollar Tree had a negative net margin of 3.34% and a positive return on equity of 16.89%. The company’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.97 EPS. On average, analysts forecast that Dollar Tree, Inc. will post 5.39 earnings per share for the current year.

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.