Dollar Tree, Inc. (DLTR) Reaches $114.97 High on Jan, 23; Harding Loevner LP Has Increased Its Nike (NKE) Holding

January 23, 2018 - By Linda Rogers

Harding Loevner Lp increased Nike Inc (NKE) stake by 97.15% reported in 2017Q3 SEC filing. Harding Loevner Lp acquired 5.99 million shares as Nike Inc (NKE)’s stock declined 8.78%. The Harding Loevner Lp holds 12.15 million shares with $390.42M value, up from 6.16 million last quarter. Nike Inc now has $108.96B valuation. The stock increased 0.87% or $0.58 during the last trading session, reaching $66.97. About 1.94M shares traded. NIKE, Inc. (NYSE:NKE) has declined 9.24% since January 23, 2017 and is downtrending. It has underperformed by 25.94% the S&P500.

The stock of Dollar Tree, Inc. (NASDAQ:DLTR) reached all time high today, Jan, 23 and still has $119.57 target or 4.00% above today’s $114.97 share price. This indicates more upside for the $27.26 billion company. This technical setup was reported by Barchart.com. If the $119.57 PT is reached, the company will be worth $1.09B more. The stock decreased 0.04% or $0.05 during the last trading session, reaching $114.97. About 774,899 shares traded. Dollar Tree, Inc. (NASDAQ:DLTR) has risen 3.60% since January 23, 2017 and is uptrending. It has underperformed by 13.10% the S&P500.

Among 44 analysts covering Nike Inc. (NYSE:NKE), 24 have Buy rating, 2 Sell and 18 Hold. Therefore 55% are positive. Nike Inc. had 218 analyst reports since July 29, 2015 according to SRatingsIntel. The company was maintained on Wednesday, September 28 by Goldman Sachs. Instinet maintained the stock with “Buy” rating in Thursday, March 23 report. The rating was upgraded by Morgan Stanley on Thursday, July 20 to “Overweight”. FBR Capital maintained the stock with “Hold” rating in Friday, June 30 report. The rating was maintained by Canaccord Genuity with “Hold” on Wednesday, September 28. The company was maintained on Thursday, October 26 by Deutsche Bank. The stock of NIKE, Inc. (NYSE:NKE) has “Buy” rating given on Monday, October 19 by BB&T Capital. The stock of NIKE, Inc. (NYSE:NKE) earned “Buy” rating by Sterne Agee CRT on Friday, September 25. The rating was maintained by Susquehanna with “Buy” on Friday, July 14. As per Thursday, December 14, the company rating was upgraded by Argus Research.

Since September 14, 2017, it had 0 buys, and 6 selling transactions for $23.60 million activity. Shares for $4.75 million were sold by Slusher John F. 10,000 NIKE, Inc. (NYSE:NKE) shares with value of $620,000 were sold by Matheson Monique S.. The insider PARKER MARK G sold $8.78M. RODGERS JOHNATHAN A had sold 16,000 shares worth $855,206 on Thursday, September 14.

Investors sentiment decreased to 0.8 in 2017 Q3. Its down 0.20, from 1 in 2017Q2. It dived, as 87 investors sold NKE shares while 457 reduced holdings. 78 funds opened positions while 358 raised stakes. 985.62 million shares or 0.88% less from 994.42 million shares in 2017Q2 were reported. Connor Clark & Lunn Investment Management Limited has 0.06% invested in NIKE, Inc. (NYSE:NKE) for 195,575 shares. Moreover, Northern Trust has 0.29% invested in NIKE, Inc. (NYSE:NKE) for 21.69M shares. Dubuque Comml Bank Trust owns 3,100 shares. Burt Wealth Advsrs has invested 0.5% in NIKE, Inc. (NYSE:NKE). accumulated 0.23% or 8,849 shares. The Illinois-based Calamos Limited Com has invested 0.2% in NIKE, Inc. (NYSE:NKE). Ing Groep Nv has 0.25% invested in NIKE, Inc. (NYSE:NKE) for 246,850 shares. Los Angeles Capital Mngmt Equity Research Inc has 455,798 shares for 0.14% of their portfolio. Bedrijfstakpensioenfonds Voor De Media Pno invested 1.53% in NIKE, Inc. (NYSE:NKE). Raymond James Trust Na reported 55,115 shares. Greystone Inv Mngmt Limited Co holds 1.57% of its portfolio in NIKE, Inc. (NYSE:NKE) for 62,897 shares. Court Place Advsrs, Maryland-based fund reported 12,927 shares. Colonial, a South Carolina-based fund reported 138,978 shares. Moreover, Putnam Invests Limited Liability Corp has 0.01% invested in NIKE, Inc. (NYSE:NKE) for 97,576 shares. Gilman Hill Asset Management Limited Liability stated it has 0.08% of its portfolio in NIKE, Inc. (NYSE:NKE).

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.21, from 1.24 in 2017Q2. It worsened, as 45 investors sold Dollar Tree, Inc. shares while 191 reduced holdings. 73 funds opened positions while 170 raised stakes. 202.27 million shares or 3.74% less from 210.13 million shares in 2017Q2 were reported. The Massachusetts-based Wellington Group Ltd Liability Partnership has invested 0.03% in Dollar Tree, Inc. (NASDAQ:DLTR). Old Mutual Customised Solutions (Proprietary), a South Africa-based fund reported 5,274 shares. Chesley Taft Associates Limited Liability Corp invested in 0.22% or 29,725 shares. Massachusetts Fincl Commerce Ma holds 0.08% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR) for 2.13 million shares. Asset Advsrs Corporation has invested 0% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR). The California-based Eqis Cap has invested 0.07% in Dollar Tree, Inc. (NASDAQ:DLTR). Silvercrest Asset Management Ltd Liability accumulated 6,200 shares. Ibm Retirement Fund holds 0.1% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR) for 5,595 shares. Cipher L P holds 0.34% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR) for 51,376 shares. Moreover, Exxonmobil Mgmt Incorporated Tx has 0.09% invested in Dollar Tree, Inc. (NASDAQ:DLTR) for 43,251 shares. Douglass Winthrop Advsr Lc holds 0.03% or 6,600 shares. 28,070 are held by Horrell Cap Inc. Fiduciary Tru Commerce has invested 0.09% in Dollar Tree, Inc. (NASDAQ:DLTR). Moreover, Legal And General Group Inc Public Limited Liability Com has 0.08% invested in Dollar Tree, Inc. (NASDAQ:DLTR). Personal Advsr Corp accumulated 196,917 shares.

Since September 12, 2017, it had 0 buys, and 6 sales for $9.14 million activity. PHILBIN GARY M sold 9,950 shares worth $841,181. The insider SAUNDERS THOMAS A sold $1.70 million. Shares for $493,837 were sold by Jacobs David A. on Monday, September 25. BROCK MACON F JR sold $5.74 million worth of Dollar Tree, Inc. (NASDAQ:DLTR) on Thursday, October 12. Old William A. JR sold $136,062 worth of stock or 1,487 shares.

Analysts await Dollar Tree, Inc. (NASDAQ:DLTR) to report earnings on March, 7. They expect $1.87 EPS, up 34.53% or $0.48 from last year’s $1.39 per share. DLTR’s profit will be $443.37 million for 15.37 P/E if the $1.87 EPS becomes a reality. After $1.01 actual EPS reported by Dollar Tree, Inc. for the previous quarter, Wall Street now forecasts 85.15% EPS growth.

Dollar Tree, Inc. operates variety retail stores in the United States and Canada. The company has market cap of $27.26 billion. It operates in two divisions, Dollar Tree and Family Dollar. It has a 27.45 P/E ratio. The Dollar Tree segment offers merchandise at the fixed price of $1.00.

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