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Sp Plus (SP) Valuation Declined While Nuveen Asset Management Trimmed Its Stake; Highfields Capital Management LP Position in Dollar Tree (DLTR) Has Decreased by $46.01 Million

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Jonathon Jacobson decreased its stake in Dollar Tree Inc (DLTR) by 18.37% based on its latest 2017Q4 regulatory filing with the SEC. Highfields Capital Management Lp sold 430,000 shares as the company’s stock declined 14.46% with the market. The hedge fund run by Jonathon Jacobson held 1.91M shares of the consumer services company at the end of 2017Q4, valued at $205.09M, down from 2.34M at the end of the previous reported quarter. Highfields Capital Management Lp who had been investing in Dollar Tree Inc for a number of months, seems to be less bullish one the $23.15B market cap company. The stock increased 0.42% or $0.41 during the last trading session, reaching $97.54. About 1.14M shares traded. Dollar Tree, Inc. (NASDAQ:DLTR) has risen 22.99% since April 16, 2017 and is uptrending. It has outperformed by 11.44% the S&P500.

Nuveen Asset Management Llc decreased its stake in Sp Plus Corp (SP) by 15.47% based on its latest 2017Q4 regulatory filing with the SEC. Nuveen Asset Management Llc sold 93,680 shares as the company’s stock declined 6.41% with the market. The institutional investor held 511,756 shares of the rental and leasing company at the end of 2017Q4, valued at $18.99M, down from 605,436 at the end of the previous reported quarter. Nuveen Asset Management Llc who had been investing in Sp Plus Corp for a number of months, seems to be less bullish one the $800.59M market cap company. The stock increased 2.28% or $0.8 during the last trading session, reaching $35.85. About 42,450 shares traded. SP Plus Corporation (NASDAQ:SP) has risen 5.61% since April 16, 2017 and is uptrending. It has underperformed by 5.94% the S&P500.

Analysts await Dollar Tree, Inc. (NASDAQ:DLTR) to report earnings on May, 24. They expect $1.25 earnings per share, up 27.55% or $0.27 from last year’s $0.98 per share. DLTR’s profit will be $296.67M for 19.51 P/E if the $1.25 EPS becomes a reality. After $1.89 actual earnings per share reported by Dollar Tree, Inc. for the previous quarter, Wall Street now forecasts -33.86% negative EPS growth.

Investors sentiment increased to 1.17 in 2017 Q4. Its up 0.14, from 1.03 in 2017Q3. It increased, 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. Rocky Mountain Advisers Limited Liability reported 22 shares stake. Profund Ltd Liability Corp holds 21,055 shares or 0.09% of its portfolio. Acadian Asset Mngmt Lc invested in 5,405 shares. Sequoia Lc invested 0.27% in Dollar Tree, Inc. (NASDAQ:DLTR). King Luther Capital Mgmt Corp has 0.23% invested in Dollar Tree, Inc. (NASDAQ:DLTR). Private Advisor Limited Liability Com reported 0.07% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR). Shellback Cap Limited Partnership accumulated 570,300 shares or 4.56% of the stock. Teacher Retirement System Of Texas invested in 152,489 shares or 0.11% of the stock. Bokf Na accumulated 0.03% or 11,047 shares. Department Mb Fin Savings Bank N A reported 1,210 shares. Train Babcock Ltd Liability has 2,000 shares for 0.09% of their portfolio. Hartford Mgmt holds 0.1% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR) for 50,482 shares. Franklin Inc stated it has 0.03% in Dollar Tree, Inc. (NASDAQ:DLTR). Meristem Limited Liability Partnership reported 0.18% in Dollar Tree, Inc. (NASDAQ:DLTR). Utd Ser Automobile Association has invested 0.04% in Dollar Tree, Inc. (NASDAQ:DLTR).

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

Among 36 analysts covering Dollar Tree Inc. (NASDAQ:DLTR), 27 have Buy rating, 1 Sell and 8 Hold. Therefore 75% are positive. Dollar Tree Inc. had 115 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, August 25 by Jefferies. The stock of Dollar Tree, Inc. (NASDAQ:DLTR) earned “Hold” rating by BMO Capital Markets on Thursday, March 8. The rating was maintained by Canaccord Genuity on Friday, September 11 with “Buy”. The rating was maintained by Guggenheim on Tuesday, January 30 with “Buy”. The stock has “Hold” rating by Piper Jaffray on Tuesday, November 21. The stock has “Neutral” rating by M Partners on Friday, August 26. The rating was initiated by KeyBanc Capital Markets on Thursday, October 13 with “Overweight”. The stock of Dollar Tree, Inc. (NASDAQ:DLTR) has “Underperform” rating given on Wednesday, March 2 by Credit Suisse. The firm earned “Buy” rating on Thursday, March 8 by M Partners. The stock of Dollar Tree, Inc. (NASDAQ:DLTR) has “Buy” rating given on Tuesday, October 3 by KeyBanc Capital Markets.

Highfields Capital Management Lp, which manages about $22.71 billion and $12.03B US Long portfolio, upped its stake in Parsley Energy Inc (NYSE:PE) by 1.53M shares to 2.03M shares, valued at $59.70M in 2017Q4, according to the filing. It also increased its holding in Hyatt Hotels Corp (NYSE:H) by 10,000 shares in the quarter, for a total of 2.54M shares, and has risen its stake in Shire Plc (NASDAQ:SHPG).

Nuveen Asset Management Llc, which manages about $15.61 billion US Long portfolio, upped its stake in Prudential Finl Inc (NYSE:PRU) by 417,166 shares to 438,358 shares, valued at $50.40 million in 2017Q4, according to the filing. It also increased its holding in Amerisourcebergen Corp (NYSE:ABC) by 25,908 shares in the quarter, for a total of 218,446 shares, and has risen its stake in Keycorp New (NYSE:KEY).

Analysts await SP Plus Corporation (NASDAQ:SP) to report earnings on May, 1. They expect $0.38 earnings per share, up 35.71% or $0.10 from last year’s $0.28 per share. SP’s profit will be $8.49 million for 23.59 P/E if the $0.38 EPS becomes a reality. After $0.40 actual earnings per share reported by SP Plus Corporation for the previous quarter, Wall Street now forecasts -5.00% negative EPS growth.

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

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