According to the most recent filing that Brinker Capital Investments LLC made with the Securities and Exchange Commission, the company’s interest in Dollar Tree, Inc. (NASDAQ: DLTR) was reduced by 3.8% during the third quarter. Brinker Capital Investments LLC provided this information. The total number of shares in the fund was 60,885 after selling 2,406 individual company shares throughout the time frame under consideration. The value of the Dollar Tree interests that Brinker Capital Investments LLC had acquired was determined to be $8,286,000 after the most recent reporting period.
As this article goes to press, several other institutional investors have recently modified their existing holdings of DLTR. During the second quarter, Ellevest Inc. increased the amount of Dollar Tree stock owned by 452.8%, bringing the total amount of Dollar Tree stock that it owned to 1%. In the most recent fiscal quarter, Ellevest Inc. purchased an additional 163 shares of the company’s stock, bringing the total number of shares owned by the company to 199, with a value of $31,000 for those 199 shares. During the second quarter, Newbridge Financial Services Group Inc. increased the amount of Dollar Tree stock that is owned by a percentage that was 517.1% higher than it was before. Newbridge Financial Services Group Inc. now has a total ownership stake in the company equal to 216 shares, which are worth a combined total of $34,000 after purchasing an additional 181 shares during the most recent quarter. This brings the company’s total number of shares to 216. TCI Wealth Advisors Inc. increased the percentage of ownership it held in Dollar Tree by 68.6% during the second quarter of the fiscal year. After making an additional purchase of 94 shares during the most recent fiscal quarter, TCI Wealth Advisors Inc. now has a total of 231 shares of the company, each of which has a value of $36,000. This brings the total number of shares owned by the company to 231. The Trust Company of Vermont acquired a new holding in Dollar Tree shares during the second quarter of the fiscal year. This new holding was worth approximately 40,000 dollars.
Last but not least, during the second quarter, Creative Financial Designs Inc. ADV multiplied its Dollar Tree holdings by a factor equivalent to 300 percent. This is not to say that this is the least significant development. Following the acquisition of an additional 300 shares during the most recent quarter, Creative Financial Designs Inc. ADV now holds 400 shares of the company’s stock. Based on the stock’s current price, the company’s holdings are estimated to be worth $62,000. Currently, 97.04% of the company’s shares are owned by hedge funds and other institutional investors.
On Monday morning, the price of one share of Dollar Tree stock was $147.26 when trading got underway. The company’s moving average for the previous 200 days is $151.53, and the moving average for the previous 50 days is $148.94. The stock of Dollar Tree, Inc. traded at a range of prices over the past year, with the lowest price being $123.62 and the highest price being $177.19. Currently, the debt-to-equity ratio stands at 0.41, the quick ratio stands at 0.17, and the current ratio stands at 1.38. Given that the company has a market value of $32.98 billion, a price-to-earnings ratio of 20.51, a price-to-earnings-growth ratio of 1.37, and a beta value of 0.70, it is an attractive investment option. In addition to this, the price-to-earnings growth ratio sits at 1.37.
The most recent quarterly results report for Dollar Tree (NASDAQ: DLTR) was made public on the 22nd of November, which was a Tuesday. The company announced earnings of $1.20 per share for the quarter, which is $0.03 more than the average prediction made by analysts, who anticipated earnings of $1.17 per share for the period. The company’s net margin was 5.84%, and its r