Universal Beteiligungs und Servicegesellschaft mbH Takes Position in Dillard's, Inc. (NYSE:DDS)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Dillard's, Inc. (NYSE:DDS - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 938 shares of the company's stock, valued at approximately $405,000.

Several other hedge funds also recently modified their holdings of the stock. Clientfirst Wealth Management LLC acquired a new position in shares of Dillard's during the fourth quarter valued at about $48,873,000. Bank of New York Mellon Corp raised its position in Dillard's by 107.2% in the fourth quarter. Bank of New York Mellon Corp now owns 77,050 shares of the company's stock worth $33,266,000 after acquiring an additional 39,858 shares during the period. Millennium Management LLC raised its position in 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 during the period. First Trust Advisors LP raised its position in 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 during the period. Finally, Summit Street Capital Management LLC purchased a new stake in shares of Dillard's during the 4th quarter valued at approximately $9,155,000. Institutional investors own 67.15% of the company's stock.

Dillard's Price Performance

Dillard's stock traded up $8.95 during midday trading on Friday, reaching $403.63. 81,107 shares of the stock were exchanged, compared to its average volume of 144,330. The company's fifty day moving average is $360.04 and its 200-day moving average is $409.38. 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 firm has a market cap of $6.42 billion, a PE ratio of 10.39 and a beta of 1.00. Dillard's, Inc. has a 52 week low of $282.24 and a 52 week high of $510.00.

Dillard's (NYSE:DDS - Get Free Report) last posted 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 business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. Dillard's had a net margin of 9.55% and a return on equity of 32.13%. During the same quarter in the prior year, the firm posted $11.10 EPS. On average, sell-side analysts forecast 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 paid a $0.25 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.00 dividend on an annualized basis and a yield of 0.25%. Dillard's's dividend payout ratio is presently 2.76%.

Wall Street Analyst Weigh In

A number of analysts recently commented on DDS shares. Telsey Advisory Group restated a "market perform" rating and set a $450.00 price target on shares of Dillard's in a research note on Friday, May 16th. Wall Street Zen upgraded shares of Dillard's from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd. Finally, UBS Group upped their price target on shares of Dillard's from $150.00 to $170.00 and gave the company a "sell" rating in a research note on Friday, May 16th.

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.