Is Dollar Tree, Inc. a Sell? The Stock Had Bearish Options Activity Today

 Is Dollar Tree, Inc. a Sell? The Stock Had Bearish Options Activity Today

In today’s session Dollar Tree, Inc. (DLTR) recorded an unusually high (712) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious DLTR decrease. With 712 contracts traded and 48104 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: DLTR161118P00075000 closed last at: $0.3 or 25% down. About 1.57 million shares traded hands. Dollar Tree, Inc. (NASDAQ:DLTR) has declined 2.60% since April 13, 2016 and is downtrending. It has underperformed by 6.53% the S&P500.

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

Out of 23 analysts covering Dollar Tree Inc. (NASDAQ:DLTR), 13 rate it a “Buy”, 2 “Sell”, while 8 “Hold”. This means 57% are positive. Dollar Tree Inc. has been the topic of 45 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained Dollar Tree, Inc. (NASDAQ:DLTR) rating on Wednesday, March 2. Deutsche Bank has “Hold” rating and $70 price target. The stock of Dollar Tree, Inc. (NASDAQ:DLTR) earned “Underweight” rating by Atlantic Securities on Tuesday, September 27. The firm earned “Neutral” rating on Wednesday, August 31 by Citigroup. On Friday, November 6 the stock rating was reinitiated by JP Morgan with “Overweight”. The stock has “Top Pick” rating given by RBC Capital Markets on Friday, May 27. The firm has “Market Perform” rating given on Wednesday, March 2 by Raymond James. On Friday, September 23 the stock rating was initiated by Barclays Capital with “Equal-Weight”. The stock of Dollar Tree, Inc. (NASDAQ:DLTR) earned “Top Pick” rating by RBC Capital Markets on Friday, December 4. As per Friday, May 27, the company rating was maintained by UBS. Citigroup maintained it with “Neutral” rating and $75 target price in Thursday, September 10 report.

According to Zacks Investment Research, “Dollar Tree Stores, Inc is an operator of discount variety stores offering merchandise at a fixed price point of $1.00 or less. Its stores successfully operate in major metropolitan areas, mid-sized cities and small towns and perform well in a variety of locations. They offer a wide range of quality everyday general merchandise in many categories, including housewares, seasonal goods, candy and food, toys, health and beauty care, gifts, party goods, stationery, books, personal accessories, and other consumer items.”

Insitutional Activity: The institutional sentiment decreased to 1.09 in 2016 Q2. Its down 0.03, from 1.12 in 2016Q1. The ratio fall, as 45 funds sold all Dollar Tree, Inc. shares owned while 201 reduced positions. 68 funds bought stakes while 199 increased positions. They now own 219.56 million shares or 3.27% less from 226.99 million shares in 2016Q1.
Bank Of Nova Scotia owns 4,686 shares or 0% of their US portfolio. Connor Clark And Lunn Invest Ltd holds 0% or 6,600 shares in its portfolio. Tokio Marine Asset Mgmt holds 0.07% or 7,249 shares in its portfolio. Stelliam Invest Mngmt Lp has invested 2.45% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR). Qs Investors Ltd Liability Co holds 0% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR) for 3,119 shares. Banbury Prtnrs Ltd Limited Liability Company has 239,538 shares for 8.28% of their US portfolio. Voya Ltd Liability, a Georgia-based fund reported 158,003 shares. Raymond James & Associates last reported 58,442 shares in the company. Shellback Cap Limited Partnership accumulated 0.85% or 70,000 shares. Rainier Inv Mngmt Ltd holds 0.75% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR) for 165,310 shares. Seven Eight Capital Ltd Liability Co holds 0.19% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR) for 5,797 shares. Moreover, Old Mutual Customised Solutions (Proprietary) Limited has 0.05% invested in Dollar Tree, Inc. (NASDAQ:DLTR) for 2,147 shares. Mutual Of America Cap Ltd Liability Corporation has 30,884 shares for 0.06% of their US portfolio. Guggenheim Lc last reported 0.16% of its portfolio in the stock. Vsr Fincl Services Inc, a Kansas-based fund reported 2,696 shares.

Insider Transactions: Since May 26, 2016, the stock had 3 insider purchases, and 7 sales for $7.19 million net activity. Sullivan Barry W sold $203,776 worth of stock or 2,449 shares. 5,000 Dollar Tree, Inc. (NASDAQ:DLTR) shares with value of $477,500 were sold by SAUNDERS THOMAS A. Hall Conrad M. had bought 5,000 shares worth $428,000 on Monday, August 29. Old William A. JR also sold $235,440 worth of Dollar Tree, Inc. (NASDAQ:DLTR) shares. 60,000 shares were sold by SASSER BOB, worth $5.12M on Thursday, May 26. The insider Witynski Michael A. sold 4,964 shares worth $450,135. 2,974 shares with value of $269,154 were sold by Matacunas Mike R. on Wednesday, June 1.

Dollar Tree, Inc. is an operator of discount variety stores. The company has a market cap of $18.64 billion. The Firm operates approximately 13,851 discount variety retail stores. It has a 26.07 P/E ratio. The Company’s divisions include Dollar Tree and Family Dollar.

DLTR Company Profile

Dollar Tree, Inc., incorporated on February 22, 2008, is an operator of discount variety stores. The Firm operates approximately 13,851 discount variety retail stores in approximately 48 states and over five Canadian provinces. The Company’s divisions include Dollar Tree and Family Dollar. The Dollar Tree segment is the operator of discount variety stores offering merchandise at a fixed price. The Family Dollar segment operates a chain of general merchandise retail discount stores providing clients with a selection of merchandise in neighborhood stores. The Company’s stores operate under the names of Dollar Tree, Family Dollar, Dollar Tree Canada, Deals and Dollar Tree Deals. The Dollar Tree segment includes its activities under the Dollar Tree, Dollar Tree Canada, Deals and Dollar Tree Deals brands, approximately 10 distribution centers in the United States and over two in Canada, and a Store Support Center in Chesapeake, Virginia. The Family Dollar segment consists of its activities under the Family Dollar brand, over 11 distribution centers and a Store Support Center in Matthews, North Carolina.

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