Dillard's, Inc. (NYSE:DDS) Shares Sold by Alyeska Investment Group L.P.

Alyeska Investment Group L.P. lowered its stake in shares of Dillard's, Inc. (NYSE:DDS - Free Report) by 3.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 265,078 shares of the company's stock after selling 10,176 shares during the period. Alyeska Investment Group L.P. owned 1.67% of Dillard's worth $114,445,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. boosted its position in shares of Dillard's by 177.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 61 shares of the company's stock valued at $26,000 after acquiring an additional 39 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new stake in shares of Dillard's during the 4th quarter worth approximately $36,000. KBC Group NV raised its position in shares of Dillard's by 85.3% during the 4th quarter. KBC Group NV now owns 215 shares of the company's stock valued at $93,000 after buying an additional 99 shares during the period. LGT Financial Advisors LLC purchased a new position in Dillard's in the fourth quarter worth approximately $108,000. Finally, US Bancorp DE increased its stake in Dillard's by 102.3% during the fourth quarter. US Bancorp DE now owns 261 shares of the company's stock worth $113,000 after acquiring an additional 132 shares during the last quarter. 67.15% of the stock is currently owned by hedge funds and other institutional investors.

Dillard's Stock Up 3.1 %

Shares of DDS traded up $10.78 during mid-day trading on Thursday, hitting $363.99. 41,286 shares of the company's stock were exchanged, compared to its average volume of 149,005. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.38. The company has a market cap of $5.79 billion, a price-to-earnings ratio of 9.37 and a beta of 0.96. The stock's 50-day moving average is $344.32 and its 200-day moving average is $408.28. Dillard's, Inc. has a fifty-two week low of $282.24 and a fifty-two week high of $510.00.

Dillard's (NYSE:DDS - Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The company reported $13.48 EPS for the quarter, topping the consensus estimate of $9.84 by $3.64. Dillard's had a net margin of 9.55% and a return on equity of 32.13%. The business had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same quarter in the previous year, the firm posted $15.44 earnings per share. The company's quarterly revenue was down 5.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Dillard's, Inc. will post 33.25 earnings per share for the current fiscal year.

Dillard's Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, May 5th. Investors of record on Monday, March 31st were paid a dividend of $0.25 per share. The ex-dividend date was Monday, March 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.27%. Dillard's's payout ratio is 2.71%.

Analysts Set New Price Targets

Several equities analysts have recently commented on DDS shares. StockNews.com raised Dillard's from a "hold" rating to a "buy" rating in a research note on Tuesday, April 29th. UBS Group increased their target price on shares of Dillard's from $200.00 to $202.00 and gave the stock a "sell" rating in a research note on Friday, February 28th. Finally, Telsey Advisory Group reaffirmed a "market perform" rating and set a $450.00 price objective on shares of Dillard's in a research report on Wednesday, February 26th.

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.