Dillard's, Inc. (NYSE:DDS) Holdings Lifted by Consolidated Planning Corp

Consolidated Planning Corp increased its position in shares of Dillard's, Inc. (NYSE:DDS - Free Report) by 53.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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 quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Steel Grove Capital Advisors LLC grew its stake in shares of Dillard's by 0.7% in the 4th quarter. Steel Grove Capital Advisors LLC now owns 4,314 shares of the company's stock worth $1,863,000 after purchasing an additional 29 shares during the last quarter. Stifel Financial Corp increased its position in shares of Dillard's by 0.6% in the fourth quarter. Stifel Financial Corp now owns 5,136 shares of the company's stock worth $2,216,000 after acquiring an additional 31 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings 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 valued at $26,000 after acquiring an additional 39 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of Dillard's by 9.5% in the fourth quarter. Wells Fargo & Company MN now owns 783 shares of the company's stock valued at $338,000 after purchasing an additional 68 shares in the last quarter. Finally, Treasurer of the State of North Carolina lifted its stake in Dillard's by 2.4% in the 4th quarter. Treasurer of the State of North Carolina now owns 3,042 shares of the company's stock worth $1,313,000 after acquiring an additional 72 shares in the last quarter. 67.15% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Wall Street Zen raised shares of Dillard's from a "hold" rating to a "buy" rating in a research report on Thursday, May 22nd. UBS Group boosted their target price on Dillard's from $150.00 to $170.00 and gave the stock a "sell" rating in a report on Friday, May 16th. Finally, Telsey Advisory Group reiterated a "market perform" rating and set a $450.00 price target on shares of Dillard's in a report on Friday, May 16th.

Dillard's Stock Up 1.7%

Dillard's stock opened at $405.28 on Monday. 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, Inc. has a fifty-two week low of $282.24 and a fifty-two week high of $510.00. The firm has a fifty day moving average price of $377.20 and a two-hundred day moving average price of $406.03. The firm has a market cap of $6.34 billion, a price-to-earnings ratio of 11.20 and a beta of 1.00.

Dillard's (NYSE:DDS - Get Free Report) last posted 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. Dillard's had a return on equity of 30.52% and a net margin of 8.93%. The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same period in the previous year, the company posted $11.10 earnings per share. As a group, analysts forecast that Dillard's, Inc. will post 33.25 earnings per share for the current year.

Dillard's Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 4th. Stockholders of record on Monday, June 30th will be issued 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 0.25%. 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.

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