Citadel Advisors LLC Has $3.64 Million Stock Position in Dillard's, Inc. (NYSE:DDS)

Citadel Advisors LLC cut its stake in Dillard's, Inc. (NYSE:DDS - Free Report) by 94.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,438 shares of the company's stock after selling 137,922 shares during the period. Citadel Advisors LLC owned 0.05% of Dillard's worth $3,643,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of DDS. Nisa Investment Advisors LLC grew its position in Dillard's by 7.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 13,662 shares of the company's stock valued at $6,243,000 after buying an additional 950 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Dillard's during the 4th quarter valued at about $462,000. Blue Trust Inc. boosted its position in shares of Dillard's by 20.7% during the 4th quarter. Blue Trust Inc. now owns 518 shares of the company's stock valued at $224,000 after purchasing an additional 89 shares in the last quarter. KBC Group NV boosted its position in shares of Dillard's by 85.3% during the 4th quarter. KBC Group NV now owns 215 shares of the company's stock valued at $93,000 after purchasing an additional 99 shares in the last quarter. Finally, Pacer Advisors Inc. boosted its position in shares of Dillard's by 7.7% during the 4th quarter. Pacer Advisors Inc. now owns 352,006 shares of the company's stock valued at $151,975,000 after purchasing an additional 25,212 shares in the last quarter. 67.15% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on DDS. UBS Group raised their target price on shares of Dillard's from $150.00 to $170.00 and gave the stock a "sell" rating in a report on Friday, May 16th. Telsey Advisory Group reiterated a "market perform" rating and issued a $450.00 target price on shares of Dillard's in a report on Friday, May 16th. Finally, Wall Street Zen upgraded shares of Dillard's from a "hold" rating to a "buy" rating in a report on Thursday.

Dillard's Trading Down 3.5%

Shares of DDS traded down $14.62 during midday trading on Friday, hitting $408.14. The stock had a trading volume of 141,483 shares, compared to its average volume of 142,798. Dillard's, Inc. has a fifty-two week low of $282.24 and a fifty-two week high of $510.00. The business has a 50-day simple moving average of $352.45 and a two-hundred day simple moving average of $409.95. The firm has a market cap of $6.49 billion, a P/E ratio of 10.51 and a beta of 0.96. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27.

Dillard's (NYSE:DDS - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The company reported $10.39 earnings per share (EPS) for the quarter, topping 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 net margin of 9.55% and a return on equity of 32.13%. During the same period in the prior year, the firm earned $11.10 earnings per share. As a group, equities analysts forecast that Dillard's, Inc. will post 33.25 EPS for the current year.

Dillard's Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 4th. Investors of record on Monday, June 30th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.25%. The ex-dividend date of this dividend is Monday, June 30th. Dillard's's payout ratio is presently 2.76%.

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.