Independent Solutions Wealth Management LLC lessened its holdings in shares of Dillard's, Inc. (NYSE:DDS - Free Report) by 66.7% in the 1st quarter, according to its most recent filing with the SEC. The fund 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 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its position 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 buying an additional 39 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new stake in shares of Dillard's in the 4th quarter worth approximately $36,000. Whipplewood Advisors LLC grew its holdings 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 purchasing an additional 149 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Dillard's by 986.7% during the first quarter. Farther Finance Advisors LLC now owns 163 shares of the company's stock valued at $59,000 after purchasing an additional 148 shares during the period. Finally, Gordian Capital Singapore Pte Ltd acquired a new position in shares of Dillard's in the fourth quarter valued at $70,000. Institutional investors own 67.15% of the company's stock.
Dillard's Price Performance
Shares of NYSE:DDS traded up $4.90 on Friday, hitting $418.13. The stock had a trading volume of 79,838 shares, compared to its average volume of 146,445. The firm's 50 day moving average price is $384.50 and its 200-day moving average price is $405.63. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.13 and a current ratio of 2.41. Dillard's, Inc. has a twelve month low of $282.24 and a twelve month high of $510.00. The company has a market capitalization of $6.54 billion, a price-to-earnings ratio of 11.59 and a beta of 1.00.
Dillard's (NYSE:DDS - Get Free Report) last announced 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 firm had revenue of $1.54 billion during the quarter, compared to the consensus estimate 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 firm posted $11.10 EPS. On average, equities research analysts predict 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. Shareholders of record on Monday, June 30th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.24%. The ex-dividend date is Monday, June 30th. Dillard's's payout ratio is presently 2.76%.
Analysts Set New Price Targets
A number of research firms have weighed in on DDS. Wall Street Zen upgraded shares of Dillard's from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd. UBS Group lifted 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. Finally, Telsey Advisory Group reissued a "market perform" rating and issued a $450.00 target price on shares of Dillard's in a report on Friday, May 16th.
View Our Latest Report on DDS
About Dillard's
(
Free Report)
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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