Susquehanna International Group LLP Sells 5,034 Shares of Dillard's, Inc. (NYSE:DDS)

Susquehanna International Group LLP lessened its stake in shares of Dillard's, Inc. (NYSE:DDS - Free Report) by 58.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,581 shares of the company's stock after selling 5,034 shares during the quarter. Susquehanna International Group LLP's holdings in Dillard's were worth $1,546,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Hsbc Holdings PLC purchased a new stake in Dillard's in the fourth quarter worth $439,000. Stifel Financial Corp raised its holdings in Dillard's by 0.6% in the 4th quarter. Stifel Financial Corp now owns 5,136 shares of the company's stock worth $2,216,000 after purchasing an additional 31 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S lifted its position in shares of Dillard's by 341.4% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 11,591 shares of the company's stock worth $5,004,000 after purchasing an additional 8,965 shares during the period. First Trust Advisors LP boosted its stake in shares of Dillard's by 47.0% during the 4th quarter. First Trust Advisors LP now owns 81,779 shares of the company's stock valued at $35,307,000 after purchasing an additional 26,132 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co boosted its stake in shares of Dillard's by 68.3% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 3,025 shares of the company's stock valued at $1,303,000 after purchasing an additional 1,228 shares in the last quarter. Institutional investors own 67.15% of the company's stock.

Analysts Set New Price Targets

Several brokerages have commented on DDS. StockNews.com upgraded shares of Dillard's from a "hold" rating to a "buy" rating in a report on Tuesday, April 29th. UBS Group raised their target price on Dillard's from $150.00 to $170.00 and gave the company a "sell" rating in a research note on Friday. Finally, Telsey Advisory Group restated a "market perform" rating and set a $450.00 price target on shares of Dillard's in a research report on Friday.

Dillard's Stock Up 2.1%

DDS traded up $8.44 during midday trading on Friday, reaching $418.88. The company's stock had a trading volume of 161,412 shares, compared to its average volume of 141,027. Dillard's, Inc. has a 1 year low of $282.24 and a 1 year high of $510.00. The stock's 50-day moving average is $346.43 and its 200-day moving average is $408.38. The firm has a market capitalization of $6.66 billion, a price-to-earnings ratio of 10.78 and a beta of 0.96. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27.

Dillard's (NYSE:DDS - Get Free Report) last issued its quarterly earnings results on Thursday, May 15th. The company reported $10.39 EPS for the quarter, topping analysts' consensus estimates of $9.10 by $1.29. Dillard's had a return on equity of 32.13% and a net margin of 9.55%. The firm had revenue of $1.54 billion for the quarter, compared to analysts' expectations of $1.53 billion. During the same period in the previous year, the firm posted $11.10 EPS. As a group, research analysts expect that Dillard's, Inc. will post 33.25 EPS for the current year.

Dillard's Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, May 5th. Stockholders of record on Monday, March 31st were issued a dividend of $0.25 per share. The ex-dividend date was Monday, March 31st. This represents a $1.00 annualized dividend and a dividend yield of 0.24%. Dillard's's payout ratio is presently 2.71%.

Dillard's Company 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.