Dimensional Fund Advisors LP Has $137.92 Million Stake in Dillard's, Inc. (NYSE:DDS)

Dimensional Fund Advisors LP lowered its position in shares of Dillard's, Inc. (NYSE:DDS - Free Report) by 1.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 319,423 shares of the company's stock after selling 4,809 shares during the quarter. Dimensional Fund Advisors LP owned approximately 2.01% of Dillard's worth $137,917,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. PNC Financial Services Group Inc. lifted its holdings 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 buying an additional 39 shares during the period. Aster Capital Management DIFC Ltd bought a new position in shares of Dillard's in the 4th quarter worth $36,000. KBC Group NV boosted its holdings in 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. US Bancorp DE increased its stake in shares of Dillard's by 102.3% in the 4th quarter. US Bancorp DE now owns 261 shares of the company's stock valued at $113,000 after acquiring an additional 132 shares during the last quarter. Finally, Covestor Ltd boosted its stake in Dillard's by 75.3% during the 4th quarter. Covestor Ltd now owns 284 shares of the company's stock worth $122,000 after acquiring an additional 122 shares during the last quarter. Institutional investors and hedge funds own 67.15% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on DDS shares. UBS Group boosted their price target on shares of Dillard's from $200.00 to $202.00 and gave the company a "sell" rating in a report on Friday, February 28th. Telsey Advisory Group reiterated a "market perform" rating and issued a $450.00 price objective on shares of Dillard's in a research report on Wednesday, February 26th. Finally, StockNews.com raised shares of Dillard's from a "hold" rating to a "buy" rating in a research note on Tuesday.

Dillard's Stock Up 1.4 %

Shares of DDS stock traded up $4.73 during trading on Thursday, reaching $351.39. The company's stock had a trading volume of 27,515 shares, compared to its average volume of 139,873. Dillard's, Inc. has a one year low of $282.24 and a one year high of $510.00. The business has a fifty day moving average price of $352.25 and a 200-day moving average price of $409.19. The company has a market cap of $5.59 billion, a price-to-earnings ratio of 9.12 and a beta of 0.66. The company has a quick ratio of 1.02, a current ratio of 2.38 and a debt-to-equity ratio of 0.27.

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

Dillard's Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, May 5th. Investors of record on Monday, March 31st will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.28%. The ex-dividend date of this dividend is Monday, March 31st. Dillard's's payout ratio is presently 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.