Consolidated Planning Corp Purchases 810 Shares of Dillard's, Inc. (NYSE:DDS)

Consolidated Planning Corp raised its holdings in shares of Dillard's, Inc. (NYSE:DDS - Free Report) by 53.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 2,324 shares of the company's stock after acquiring an additional 810 shares during the period. Consolidated Planning Corp's holdings in Dillard's were worth $832,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. PNC Financial Services Group Inc. grew its stake in shares of Dillard's by 177.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 61 shares of the company's stock worth $26,000 after purchasing an additional 39 shares during the period. Aster Capital Management DIFC Ltd bought a new position in Dillard's during the fourth quarter worth about $36,000. Whipplewood Advisors LLC grew its position in shares of Dillard's by 2,980.0% during the 1st quarter. Whipplewood Advisors LLC now owns 154 shares of the company's stock worth $55,000 after buying an additional 149 shares during the period. Farther Finance Advisors LLC grew its position in shares of Dillard's by 986.7% during the 1st quarter. Farther Finance Advisors LLC now owns 163 shares of the company's stock worth $59,000 after buying an additional 148 shares during the period. Finally, Gordian Capital Singapore Pte Ltd bought a new stake in shares of Dillard's in the 4th quarter valued at about $70,000. Institutional investors and hedge funds own 67.15% of the company's stock.

Analyst Ratings Changes

Several research firms recently weighed in on DDS. UBS Group lifted their price objective 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. Wall Street Zen raised shares of Dillard's from a "hold" rating to a "buy" rating in a research report on Thursday, May 22nd. Finally, Telsey Advisory Group restated a "market perform" rating and issued a $450.00 price objective on shares of Dillard's in a research report on Friday, May 16th.

Dillard's Stock Up 0.9%

DDS traded up $3.80 during trading on Thursday, reaching $413.69. The company had a trading volume of 297,005 shares, compared to its average volume of 146,702. The company has a market cap of $6.47 billion, a P/E ratio of 11.43 and a beta of 1.00. Dillard's, Inc. has a 12 month low of $282.24 and a 12 month high of $510.00. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.41 and a quick ratio of 1.13. The business's fifty day moving average price is $382.64 and its 200 day moving average price is $405.79.

Dillard's (NYSE:DDS - Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The company reported $10.39 EPS 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 8.93% and a return on equity of 30.52%. During the same period last year, the business posted $11.10 earnings per share. Equities analysts anticipate that Dillard's, Inc. will post 33.25 EPS for the current year.

Dillard's Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 4th. Shareholders of record on Monday, June 30th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.24%. The ex-dividend date of this dividend is Monday, June 30th. Dillard's's dividend payout ratio (DPR) 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.