Independent Solutions Wealth Management LLC Has $287,000 Stake in Dillard's, Inc. (NYSE:DDS)

Independent Solutions Wealth Management LLC reduced its stake in Dillard's, Inc. (NYSE:DDS - Free Report) by 66.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 800 shares of the company's stock after selling 1,600 shares during the period. Independent Solutions Wealth Management LLC's holdings in Dillard's were worth $287,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. PNC Financial Services Group Inc. lifted its stake in 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 last quarter. Aster Capital Management DIFC Ltd bought a new stake in Dillard's during the fourth quarter worth $36,000. Whipplewood Advisors LLC lifted its stake in Dillard's by 2,980.0% during the first quarter. Whipplewood Advisors LLC now owns 154 shares of the company's stock worth $55,000 after purchasing an additional 149 shares during the last quarter. Gordian Capital Singapore Pte Ltd bought a new stake in Dillard's during the fourth quarter worth $70,000. Finally, Farther Finance Advisors LLC lifted its stake in Dillard's by 986.7% during the first quarter. Farther Finance Advisors LLC now owns 163 shares of the company's stock worth $59,000 after purchasing an additional 148 shares during the last quarter. 67.15% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on DDS shares. 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. Wall Street Zen downgraded shares of Dillard's from a "buy" rating to a "hold" rating in a report on Friday. Finally, UBS Group upped their price target 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.

Dillard's Price Performance

Shares of NYSE:DDS traded up $1.14 during trading on Friday, hitting $414.37. 209,148 shares of the company were exchanged, compared to its average volume of 145,683. The business's 50 day moving average is $386.36 and its 200-day moving average is $404.93. The company has a market capitalization of $6.48 billion, a P/E ratio of 11.45 and a beta of 1.00. The company has a quick ratio of 1.13, a current ratio of 2.41 and a debt-to-equity ratio of 0.28. 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 posted its quarterly earnings data on Thursday, May 15th. The company reported $10.39 earnings per share for the quarter, beating analysts' consensus estimates 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 30.52% and a net margin of 8.93%. During the same period in the prior year, the business posted $11.10 earnings per share. Equities analysts forecast that Dillard's, Inc. will post 33.25 earnings per share for the current year.

Dillard's Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 4th. Investors of record on Monday, June 30th will be issued a $0.25 dividend. The ex-dividend date is Monday, June 30th. This represents a $1.00 dividend on an annualized basis and a yield of 0.24%. Dillard's's payout ratio is 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.