Dillard's, Inc. (NYSE:DDS) Stock Holdings Lowered by Allianz Asset Management GmbH

Allianz Asset Management GmbH lowered its position in shares of Dillard's, Inc. (NYSE:DDS - Free Report) by 16.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 177,664 shares of the company's stock after selling 33,897 shares during the quarter. Allianz Asset Management GmbH owned approximately 1.12% of Dillard's worth $63,627,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Sowell Financial Services LLC acquired a new position in shares of Dillard's in the 1st quarter valued at $266,000. Sequoia Financial Advisors LLC boosted its holdings in shares of Dillard's by 3.5% in the 1st quarter. Sequoia Financial Advisors LLC now owns 1,047 shares of the company's stock valued at $375,000 after purchasing an additional 35 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Dillard's in the 4th quarter valued at $556,000. Wells Fargo & Company MN boosted its holdings in shares of Dillard's by 9.5% in the 4th quarter. Wells Fargo & Company MN now owns 783 shares of the company's stock valued at $338,000 after purchasing an additional 68 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of Dillard's by 47,109.1% in the 1st quarter. GAMMA Investing LLC now owns 10,386 shares of the company's stock valued at $3,720,000 after purchasing an additional 10,364 shares during the last quarter. Institutional investors and hedge funds own 67.15% of the company's stock.

Wall Street Analysts Forecast Growth

DDS has been the topic of a number of research reports. Wall Street Zen downgraded shares of Dillard's from a "buy" rating to a "hold" rating in a research note on Saturday, July 5th. Telsey Advisory Group reaffirmed a "market perform" rating and set a $450.00 price target on shares of Dillard's in a research note on Friday, May 16th. Finally, UBS Group lifted their price target on shares of Dillard's from $150.00 to $170.00 and gave the stock a "sell" rating in a research note on Friday, May 16th.

Dillard's Stock Down 0.3%

DDS stock traded down $1.36 during mid-day trading on Friday, hitting $496.57. 32,699 shares of the company were exchanged, compared to its average volume of 143,644. The company has a market capitalization of $7.77 billion, a PE ratio of 13.67 and a beta of 0.99. The company has a current ratio of 2.41, a quick ratio of 1.13 and a debt-to-equity ratio of 0.28. Dillard's, Inc. has a twelve month low of $282.24 and a twelve month high of $510.00. The firm has a fifty day simple moving average of $423.60 and a 200 day simple moving average of $406.53.

Dillard's (NYSE:DDS - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The company reported $10.39 EPS for the quarter, beating the consensus estimate 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 net margin of 8.93% and a return on equity of 30.52%. During the same period in the previous year, the business posted $11.10 EPS. On average, research analysts forecast that Dillard's, Inc. will post 33.25 earnings per share for the current fiscal 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 dividend of $0.25 per share. The ex-dividend date of this dividend 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 2.76%.

About Dillard's

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.