OMERS ADMINISTRATION Corp Sells 1,800 Shares of Dillard's, Inc. (NYSE:DDS)

OMERS ADMINISTRATION Corp lowered its stake in Dillard's, Inc. (NYSE:DDS - Free Report) by 40.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,700 shares of the company's stock after selling 1,800 shares during the quarter. OMERS ADMINISTRATION Corp's holdings in Dillard's were worth $1,166,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. PNC Financial Services Group Inc. grew its stake in Dillard's by 177.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 61 shares of the company's stock valued at $26,000 after purchasing an additional 39 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new stake in shares of Dillard's in the fourth quarter valued at about $36,000. KBC Group NV lifted its holdings in shares of Dillard's by 85.3% during the fourth quarter. KBC Group NV now owns 215 shares of the company's stock worth $93,000 after buying an additional 99 shares during the last quarter. LGT Financial Advisors LLC acquired a new position in shares of Dillard's during the fourth quarter worth approximately $108,000. Finally, US Bancorp DE lifted its holdings in shares of 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 buying an additional 132 shares during the last quarter. Hedge funds and other institutional investors own 67.15% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on DDS shares. UBS Group upped their price target on Dillard's from $150.00 to $170.00 and gave the stock a "sell" rating in a report on Friday. StockNews.com upgraded Dillard's from a "hold" rating to a "buy" rating in a report on Tuesday, April 29th. Finally, Telsey Advisory Group reiterated a "market perform" rating and set a $450.00 price target on shares of Dillard's in a report on Friday.

Dillard's Stock Performance

Shares of NYSE DDS traded up $12.97 during trading hours on Tuesday, reaching $419.13. The stock had a trading volume of 193,118 shares, compared to its average volume of 141,464. The business's fifty day moving average is $348.33 and its two-hundred day moving average is $409.38. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02. The company has a market cap of $6.67 billion, a price-to-earnings ratio of 10.79 and a beta of 0.96. Dillard's, Inc. has a twelve month low of $282.24 and a twelve month high of $510.00.

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

Dillard's Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 4th. Shareholders of record on Monday, June 30th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.24%. The ex-dividend date of this dividend is Monday, June 30th. Dillard's's dividend payout ratio (DPR) is 2.76%.

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.