Walleye Capital LLC Acquires Shares of 988 Dillard's, Inc. (NYSE:DDS)

Walleye Capital LLC bought a new stake in Dillard's, Inc. (NYSE:DDS - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 988 shares of the company's stock, valued at approximately $427,000.

Several other institutional investors have also recently bought and sold shares of the company. Barclays PLC raised its stake in Dillard's by 9.0% during the 3rd quarter. Barclays PLC now owns 2,424 shares of the company's stock valued at $930,000 after purchasing an additional 200 shares during the last quarter. Tidal Investments LLC grew its position in Dillard's by 3.3% during the third quarter. Tidal Investments LLC now owns 4,854 shares of the company's stock worth $1,862,000 after buying an additional 157 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in Dillard's by 7.5% during the fourth quarter. Nisa Investment Advisors LLC now owns 13,662 shares of the company's stock valued at $6,243,000 after acquiring an additional 950 shares during the period. SG Americas Securities LLC acquired a new position in Dillard's in the 4th quarter valued at approximately $462,000. Finally, Blue Trust Inc. grew its holdings in shares of Dillard's by 20.7% during the 4th quarter. Blue Trust Inc. now owns 518 shares of the company's stock worth $224,000 after purchasing an additional 89 shares in the last quarter. Institutional investors own 67.15% of the company's stock.

Analyst Ratings Changes

DDS has been the subject of several research reports. StockNews.com raised Dillard's from a "hold" rating to a "buy" rating in a research report on Tuesday. UBS Group lifted their target price on shares of Dillard's from $200.00 to $202.00 and gave the company a "sell" rating in a research report on Friday, February 28th. Finally, Telsey Advisory Group restated a "market perform" rating and set a $450.00 price target on shares of Dillard's in a research note on Wednesday, February 26th.

Dillard's Price Performance

Shares of DDS traded up $0.01 during trading hours on Tuesday, hitting $339.89. The stock had a trading volume of 18,661 shares, compared to its average volume of 139,570. The stock has a market capitalization of $5.41 billion, a price-to-earnings ratio of 8.73 and a beta of 0.66. The company's fifty day moving average is $358.14 and its two-hundred day moving average is $410.07. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02. Dillard's, Inc. has a 52 week low of $282.24 and a 52 week high of $510.00.

Dillard's (NYSE:DDS - Get Free Report) last announced its quarterly earnings data on Tuesday, February 25th. The company reported $13.48 EPS for the quarter, beating analysts' consensus estimates of $9.84 by $3.64. The firm had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.49 billion. Dillard's had a return on equity of 32.13% and a net margin of 9.55%. The business's quarterly revenue was down 5.0% compared to the same quarter last year. During the same period last year, the company earned $15.44 EPS. On average, analysts anticipate that Dillard's, Inc. will post 33.25 EPS for the current year.

Dillard's Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 5th. Shareholders of record on Monday, March 31st will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.29%. The ex-dividend date is Monday, March 31st. Dillard's's payout ratio is 2.71%.

Dillard's Profile

Dillard's, Inc engages in the retail of fashion apparel, cosmetics, and home furnishings, and other consumer goods. It operates through the Retail Operations and Construction segments. The Retail Operations segment comprises sells cosmetics, ladies' apparel, ladies' accessories and lingerie, juniors' and children's apparel, men's apparel and accessories, shoes, and home and furniture products.