Riverpark Capital Management LLC Has Decreased Position in Dollar Tree INC (DLTR) as Share Price Declined

May 18, 2018 - By Bernice Betts

Dollar Tree, Inc. (NASDAQ:DLTR) LogoInvestors sentiment increased to 1.17 in 2017 Q4. Its up 0.14, from 1.03 in 2017Q3. It improved, as 39 investors sold DLTR shares while 197 reduced holdings. 102 funds opened positions while 175 raised stakes. 204.89 million shares or 1.30% more from 202.27 million shares in 2017Q3 were reported. Employees Retirement System Of Ohio holds 0.06% in Dollar Tree, Inc. (NASDAQ:DLTR) or 109,321 shares. Riverhead Capital Management Llc has 4,413 shares for 0.02% of their portfolio. Massachusetts-based Grimes & has invested 0.02% in Dollar Tree, Inc. (NASDAQ:DLTR). Washington Fincl Bank, Washington-based fund reported 28 shares. Pitcairn accumulated 3,405 shares. Dorsal Mgmt accumulated 3.31% or 625,000 shares. Goldman Sachs Gru has invested 0.04% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR). 170 were reported by Whittier. 156,183 are held by Capital Fund Mngmt Sa. Norinchukin Bank The accumulated 18,956 shares. Seatown Hldgs Pte Limited owns 0.97% invested in Dollar Tree, Inc. (NASDAQ:DLTR) for 95,250 shares. Frontier Invest Management invested in 0.4% or 44,540 shares. Ubs Oconnor Ltd Liability Company holds 129,828 shares or 0.42% of its portfolio. Eaton Vance accumulated 152,957 shares. Arizona State Retirement System reported 85,475 shares.

Since March 9, 2018, it had 1 buy, and 4 insider sales for $746,247 activity. 6,023 shares valued at $569,084 were sold by BARRON ARNOLD S on Tuesday, March 20. Hall Conrad M. also bought $918,281 worth of Dollar Tree, Inc. (NASDAQ:DLTR) on Friday, March 9.

Riverpark Capital Management Llc decreased its stake in Dollar Tree Inc (DLTR) by 33.08% based on its latest 2017Q4 regulatory filing with the SEC. Riverpark Capital Management Llc sold 146,531 shares as the company’s stock declined 14.46% with the market. The institutional investor held 296,440 shares of the consumer services company at the end of 2017Q4, valued at $31.81M, down from 442,971 at the end of the previous reported quarter. Riverpark Capital Management Llc who had been investing in Dollar Tree Inc for a number of months, seems to be less bullish one the $22.38B market cap company. The stock decreased 0.21% or $0.2 during the last trading session, reaching $94.29. About 1.40 million shares traded. Dollar Tree, Inc. (NASDAQ:DLTR) has risen 22.99% since May 18, 2017 and is uptrending. It has outperformed by 11.44% the S&P500.

Analysts await Dollar Tree, Inc. (NASDAQ:DLTR) to report earnings on May, 24. They expect $1.24 EPS, up 26.53 % or $0.26 from last year’s $0.98 per share. DLTR’s profit will be $294.29M for 19.01 P/E if the $1.24 EPS becomes a reality. After $1.89 actual EPS reported by Dollar Tree, Inc. for the previous quarter, Wall Street now forecasts -34.39 % negative EPS growth.

More recent Dollar Tree, Inc. (NASDAQ:DLTR) news were published by: Streetinsider.com which released: “Lone Pine’s 13F Shows New Stake in Dollar Tree (DLTR), Square (SQ), T-Mobile (TMUS) (more…)” on May 15, 2018. Also Benzinga.com published the news titled: “What Is Intermarket Analysis?” on May 14, 2018. Seekingalpha.com‘s news article titled: “Death Of Retail Is Premature” with publication date: May 16, 2018 was also an interesting one.

Dollar Tree, Inc. (NASDAQ:DLTR) Ratings Coverage

Among 21 analysts covering Dollar Tree (NASDAQ:DLTR), 16 have Buy rating, 0 Sell and 5 Hold. Therefore 76% are positive. Dollar Tree had 39 analyst reports since November 20, 2017 according to SRatingsIntel. KeyBanc Capital Markets maintained Dollar Tree, Inc. (NASDAQ:DLTR) rating on Wednesday, December 20. KeyBanc Capital Markets has “Buy” rating and $125.0 target. The rating was maintained by Piper Jaffray with “Buy” on Friday, April 6. As per Monday, March 26, the company rating was upgraded by PiperJaffray. RBC Capital Markets maintained it with “Buy” rating and $111.0 target in Wednesday, November 22 report. The firm has “Hold” rating given on Wednesday, March 7 by Jefferies. The stock has “Hold” rating by Jefferies on Friday, February 16. The stock has “Neutral” rating by Citigroup on Tuesday, March 13. Oppenheimer initiated the stock with “Buy” rating in Tuesday, January 16 report. The firm earned “Hold” rating on Wednesday, November 22 by Bernstein. The stock has “Buy” rating by Bank of America on Tuesday, November 21.

Dollar Tree, Inc. (NASDAQ:DLTR) Institutional Positions Chart

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