One Wealth Advisors LLC Buys Shares of 825 Dillard's, Inc. (NYSE:DDS)

Key Points

• One Wealth Advisors LLC has acquired a new stake in Dillard's, Inc., purchasing 825 shares valued at approximately $296,000.
• Dillard's reported an earnings per share of $10.39, surpassing analyst expectations of $9.10, with revenues reaching $1.54 billion for the quarter.
• The company has announced a quarterly dividend of $0.25 per share, set to be paid on August 4th, representing an annual yield of 0.20%.

One Wealth Advisors LLC purchased a new stake in shares of Dillard's, Inc. (NYSE:DDS - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 825 shares of the company's stock, valued at approximately $296,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of DDS. Beacon Pointe Advisors LLC lifted its stake in shares of Dillard's by 0.3% in the fourth quarter. Beacon Pointe Advisors LLC now owns 152,756 shares of the company's stock worth $65,951,000 after acquiring an additional 480 shares in the last quarter. First Trust Advisors LP lifted its stake in shares of Dillard's by 47.0% in the fourth quarter. First Trust Advisors LP now owns 81,779 shares of the company's stock worth $35,307,000 after acquiring an additional 26,132 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Dillard's by 0.8% in the first quarter. Bank of New York Mellon Corp now owns 77,691 shares of the company's stock worth $27,823,000 after acquiring an additional 641 shares in the last quarter. Millennium Management LLC lifted its stake in shares of Dillard's by 3,989.8% in the fourth quarter. Millennium Management LLC now owns 37,790 shares of the company's stock worth $16,315,000 after acquiring an additional 36,866 shares in the last quarter. Finally, Gotham Asset Management LLC increased its holdings in Dillard's by 218.3% in the fourth quarter. Gotham Asset Management LLC now owns 26,569 shares of the company's stock valued at $11,471,000 after buying an additional 18,221 shares during the last quarter. Institutional investors and hedge funds own 67.15% of the company's stock.

Wall Street Analyst Weigh In

DDS has been the subject of several research analyst reports. Wall Street Zen lowered Dillard's from a "buy" rating to a "hold" rating in a report on Saturday, July 5th. JPMorgan Chase & Co. boosted their price objective on Dillard's from $368.00 to $458.00 and gave the company an "underweight" rating in a report on Monday. UBS Group boosted their price objective on Dillard's from $150.00 to $170.00 and gave the company a "sell" rating in a report on Friday, May 16th. Finally, Telsey Advisory Group reissued a "market perform" rating and issued a $450.00 price objective on shares of Dillard's in a report on Friday, May 16th.

Dillard's Stock Performance

DDS stock traded up $13.21 on Monday, reaching $512.34. The company's stock had a trading volume of 41,909 shares, compared to its average volume of 143,468. Dillard's, Inc. has a 52 week low of $282.24 and a 52 week high of $513.00. The company has a market capitalization of $8.01 billion, a P/E ratio of 14.17 and a beta of 0.99. The firm has a fifty day moving average of $425.20 and a two-hundred day moving average of $406.25. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.41 and a quick ratio of 1.13.

Dillard's (NYSE:DDS - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported $10.39 earnings per share for the quarter, topping analysts' consensus estimates of $9.10 by $1.29. The firm had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.53 billion. Dillard's had a return on equity of 30.52% and a net margin of 8.93%. During the same period in the prior year, the firm posted $11.10 earnings per share. As a group, analysts predict that Dillard's, Inc. will post 33.25 EPS for the current fiscal year.

Dillard's Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 4th. Stockholders of record on Monday, June 30th will be given a dividend of $0.25 per share. The ex-dividend date is Monday, June 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.20%. Dillard's's dividend payout ratio (DPR) is presently 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.