UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Boosts Stake in Dillard's, Inc. (NYSE:DDS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Dillard's, Inc. (NYSE:DDS - Free Report) by 27.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,132 shares of the company's stock after buying an additional 2,155 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.06% of Dillard's worth $4,374,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its stake in shares of Dillard's by 177.3% during the 4th 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 last quarter. Aster Capital Management DIFC Ltd bought a new stake in shares of Dillard's in the fourth quarter valued at about $36,000. KBC Group NV increased its stake in Dillard's by 85.3% in the fourth quarter. KBC Group NV now owns 215 shares of the company's stock valued at $93,000 after acquiring an additional 99 shares during the period. LGT Financial Advisors LLC acquired a new stake in shares of Dillard's in the 4th quarter valued at $108,000. Finally, US Bancorp DE increased its holdings in shares of Dillard's by 102.3% during the fourth quarter. US Bancorp DE now owns 261 shares of the company's stock worth $113,000 after buying an additional 132 shares in the last quarter. Institutional investors and hedge funds own 67.15% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. UBS Group upped their target price on shares of Dillard's from $150.00 to $170.00 and gave the company a "sell" rating in a research report on Friday, May 16th. Wall Street Zen upgraded Dillard's from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd. Finally, Telsey Advisory Group reaffirmed a "market perform" rating and issued a $450.00 target price on shares of Dillard's in a research report on Friday, May 16th.

Dillard's Stock Performance

Shares of NYSE:DDS traded up $4.84 on Friday, hitting $399.52. The company had a trading volume of 43,649 shares, compared to its average volume of 143,548. The stock has a 50 day moving average price of $359.19 and a 200 day moving average price of $409.54. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27. The stock has a market cap of $6.35 billion, a price-to-earnings ratio of 10.28 and a beta of 1.00. Dillard's, Inc. has a 1-year low of $282.24 and a 1-year high of $510.00.

Dillard's (NYSE:DDS - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported $10.39 earnings per share (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 the consensus estimate of $1.53 billion. Dillard's had a return on equity of 32.13% and a net margin of 9.55%. During the same period in the previous year, the company posted $11.10 EPS. Analysts expect that Dillard's, Inc. will post 33.25 EPS for the current year.

Dillard's Dividend Announcement

The company also recently disclosed 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. This represents a $1.00 annualized dividend and a dividend yield of 0.25%. 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.