Dillard's, Inc. (NYSE:DDS) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC boosted its position in Dillard's, Inc. (NYSE:DDS - Free Report) by 47,109.1% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,386 shares of the company's stock after purchasing an additional 10,364 shares during the quarter. GAMMA Investing LLC owned approximately 0.07% of Dillard's worth $3,720,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Consolidated Planning Corp increased its holdings in Dillard's by 154.5% in the 4th quarter. Consolidated Planning Corp now owns 1,514 shares of the company's stock worth $654,000 after buying an additional 919 shares during the period. Proficio Capital Partners LLC acquired a new position in Dillard's in the 4th quarter worth approximately $7,270,000. Raymond James Financial Inc. acquired a new position in Dillard's in the 4th quarter worth approximately $556,000. Wells Fargo & Company MN increased its holdings in Dillard's by 9.5% in the 4th quarter. Wells Fargo & Company MN now owns 783 shares of the company's stock worth $338,000 after buying an additional 68 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in Dillard's by 107.2% in the 4th quarter. Bank of New York Mellon Corp now owns 77,050 shares of the company's stock worth $33,266,000 after buying an additional 39,858 shares during the period. Institutional investors and hedge funds own 67.15% of the company's stock.

Dillard's Stock Performance

Dillard's stock traded down $2.31 during mid-day trading on Friday, hitting $400.10. The company had a trading volume of 113,564 shares, compared to its average volume of 144,562. 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, Inc. has a 12-month low of $282.24 and a 12-month high of $510.00. The company's fifty day moving average is $368.20 and its 200-day moving average is $407.98. The company has a market capitalization of $6.36 billion, a price-to-earnings ratio of 10.30 and a beta of 1.00.

Dillard's (NYSE:DDS - Get Free Report) last announced its earnings results on Thursday, May 15th. The company reported $10.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $9.10 by $1.29. Dillard's had a return on equity of 32.13% and a net margin of 9.55%. The firm had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same quarter last year, the firm posted $11.10 EPS. Equities research analysts predict that Dillard's, Inc. will post 33.25 EPS for the current year.

Dillard's Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 4th. Stockholders of record on Monday, June 30th will be given a dividend of $0.25 per share. The ex-dividend date 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 2.76%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on DDS shares. Telsey Advisory Group reiterated a "market perform" rating and issued a $450.00 price target on shares of Dillard's in a report on Friday, May 16th. Wall Street Zen upgraded Dillard's from a "hold" rating to a "buy" rating in a research report on Thursday, May 22nd. Finally, UBS Group upped their price objective on Dillard's from $150.00 to $170.00 and gave the stock a "sell" rating in a research report on Friday, May 16th.

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.