This afternoon we watched Dollar Tree drop -9.7% to a price of $85.32 per share. The Large-Cap Department Store company is now trading -36.5% below its average target price of $134.37. Analysts have set target prices ranging from $105.0 to $170.0 per share for Dollar Tree, and have given the stock an average rating of buy.
Dollar Tree has an average level of shares sold short, at 5.2% of its total share float. The stock's short ratio (also called days to cover) is 3.6. At 0.08%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation.
Institutional investors own 102.9% of Dollar Tree's shares, which indicates they have a high level of confidence in the company.
Institutions Invested in Dollar Tree
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-06-30 | Vanguard Group Inc | 11% | 23,527,511 | $2,007,367,231 |
| 2024-06-30 | Blackrock Inc. | 8% | 16,426,450 | $1,401,504,708 |
| 2024-06-30 | Mantle Ridge LP | 6% | 12,104,393 | $1,032,746,807 |
| 2024-06-30 | Nomura Holdings Inc. | 5% | 10,784,143 | $920,103,077 |
| 2024-06-30 | Capital World Investors | 4% | 9,248,727 | $789,101,384 |
| 2024-06-30 | State Street Corporation | 4% | 8,831,719 | $753,522,262 |
| 2024-06-30 | T. Rowe Price Investment Management, Inc. | 3% | 7,289,789 | $621,964,795 |
| 2024-06-30 | Edgepoint Investment Group Inc. | 3% | 6,903,664 | $589,020,610 |
| 2024-06-30 | Viking Global Investors, L.P. | 3% | 6,808,797 | $580,926,557 |
| 2024-06-30 | Capital International Investors | 2% | 5,050,894 | $430,942,274 |
