Envestnet Asset Management Inc. Has $466,000 Position in Dillard's, Inc. (NYSE:DDS)

Envestnet Asset Management Inc. grew its holdings in Dillard's, Inc. (NYSE:DDS - Free Report) by 97.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,302 shares of the company's stock after acquiring an additional 642 shares during the period. Envestnet Asset Management Inc.'s holdings in Dillard's were worth $466,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Steel Grove Capital Advisors LLC boosted its stake in Dillard's by 0.7% in the fourth 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 in the last quarter. Stifel Financial Corp raised its holdings 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 valued at $2,216,000 after buying an additional 31 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of Dillard's by 3.5% in the first quarter. Sequoia Financial Advisors LLC now owns 1,047 shares of the company's stock valued at $375,000 after buying an additional 35 shares during the last quarter. Wells Fargo & Company MN lifted its position in Dillard's by 9.5% during 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 in the last quarter. Finally, Treasurer of the State of North Carolina grew its holdings in Dillard's by 2.4% during 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 during the last quarter. 67.15% of the stock is owned by institutional investors.

Dillard's Stock Down 0.3%

DDS traded down $1.39 on Thursday, hitting $468.07. 119,224 shares of the company were exchanged, compared to its average volume of 108,606. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.13 and a current ratio of 2.41. The stock's fifty day moving average is $436.92 and its 200-day moving average is $408.40. The company has a market cap of $7.32 billion, a PE ratio of 12.93 and a beta of 1.06. Dillard's, Inc. has a 12 month low of $282.24 and a 12 month high of $514.39.

Dillard's (NYSE:DDS - Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The company reported $10.39 earnings per share for the quarter, beating the consensus estimate of $9.10 by $1.29. Dillard's had a net margin of 8.93% and a return on equity of 30.52%. The company had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same period in the prior year, the firm earned $11.10 earnings per share. Equities research analysts predict that Dillard's, Inc. will post 33.25 EPS for the current fiscal year.

Dillard's Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, August 4th. Shareholders of record on Monday, June 30th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Monday, June 30th. Dillard's's dividend payout ratio (DPR) is currently 2.76%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on DDS shares. Telsey Advisory Group reissued a "market perform" rating and issued a $450.00 price target on shares of Dillard's in a report on Friday, May 16th. UBS Group increased their price objective on 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 research report on Saturday, August 2nd. Finally, JPMorgan Chase & Co. raised their price target on Dillard's from $368.00 to $458.00 and gave the company an "underweight" rating in a report on Monday, July 28th.

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.