Dollar Tree stock is trading -23.43% below its average target price of $149.64 after dropping -4.8% during today's morning session. Analysts are giving the Large-Cap Department Store company an average rating of buy and target prices ranging from $115.0 to $180.0 per share.
The stock has an average amount of shares sold short at 3.1%, and a short ratio of 2.62. At 0.07%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation. Finally, we also note that a significant number of institutional investors are invested in the stock, with 102.6% of Dollar Tree's shares being owned by this investor type.
Institutions Invested in Dollar Tree
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | Vanguard Group Inc | 11% | 23,568,521 | $2,700,481,179 |
| 2024-03-31 | Blackrock Inc. | 7% | 15,534,752 | $1,779,971,912 |
| 2024-03-31 | Capital World Investors | 7% | 14,786,267 | $1,694,210,499 |
| 2024-03-31 | Mantle Ridge LP | 6% | 12,104,393 | $1,386,921,372 |
| 2024-03-31 | Nomura Holdings Inc. | 5% | 10,851,202 | $1,243,330,745 |
| 2024-03-31 | Capital International Investors | 5% | 9,850,158 | $1,128,631,121 |
| 2024-03-31 | State Street Corporation | 4% | 8,868,557 | $1,016,159,277 |
| 2024-03-31 | Edgepoint Investment Group Inc. | 3% | 7,427,329 | $851,023,370 |
| 2024-03-31 | T. Rowe Price Investment Management, Inc. | 2% | 5,322,049 | $609,800,384 |
| 2024-03-31 | FMR, LLC | 2% | 5,127,204 | $587,475,043 |
Besides an analyst consensus of strong upside potential, other market factors point to there being mixed market sentiment on Dollar Tree.
