Man Group plc Sells 884 Shares of Dillard's, Inc. (NYSE:DDS)

Man Group plc lowered its stake in Dillard's, Inc. (NYSE:DDS - Free Report) by 8.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,751 shares of the company's stock after selling 884 shares during the period. Man Group plc owned 0.06% of Dillard's worth $4,210,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Nisa Investment Advisors LLC boosted its holdings in shares of Dillard's by 7.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 13,662 shares of the company's stock valued at $6,243,000 after buying an additional 950 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of Dillard's during the 4th quarter valued at $462,000. Blue Trust Inc. boosted its holdings in shares of Dillard's by 20.7% during the 4th quarter. Blue Trust Inc. now owns 518 shares of the company's stock valued at $224,000 after buying an additional 89 shares in the last quarter. KBC Group NV boosted its holdings in shares of Dillard's by 85.3% during the 4th quarter. KBC Group NV now owns 215 shares of the company's stock valued at $93,000 after buying an additional 99 shares in the last quarter. Finally, Pacer Advisors Inc. boosted its holdings in shares of Dillard's by 7.7% during the 4th quarter. Pacer Advisors Inc. now owns 352,006 shares of the company's stock valued at $151,975,000 after buying an additional 25,212 shares in the last quarter. Institutional investors own 67.15% of the company's stock.

Dillard's Stock Up 2.2%

Dillard's stock traded up $8.93 during mid-day trading on Tuesday, reaching $417.01. The stock had a trading volume of 103,925 shares, compared to its average volume of 142,642. The company has a market capitalization of $6.63 billion, a price-to-earnings ratio of 10.73 and a beta of 0.96. The company has a 50-day moving average price of $354.29 and a two-hundred day moving average price of $410.03. Dillard's, Inc. has a one year low of $282.24 and a one year high of $510.00. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02.

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, topping analysts' consensus estimates of $9.10 by $1.29. The company had revenue of $1.54 billion for the quarter, compared to analysts' expectations of $1.53 billion. Dillard's had a net margin of 9.55% and a return on equity of 32.13%. During the same quarter in the previous year, the business posted $11.10 EPS. On average, analysts expect that Dillard's, Inc. will post 33.25 EPS for the current fiscal year.

Dillard's Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 4th. Investors of record on Monday, June 30th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.24%. The ex-dividend date is Monday, June 30th. Dillard's's payout ratio is 2.76%.

Analyst Ratings Changes

A number of brokerages have recently commented on DDS. UBS Group boosted their target price on shares of Dillard's from $150.00 to $170.00 and gave the company a "sell" rating in a report on Friday, May 16th. Telsey Advisory Group restated a "market perform" rating and set a $450.00 target price on shares of Dillard's in a report on Friday, May 16th. Finally, Wall Street Zen raised Dillard's from a "hold" rating to a "buy" rating in a research report on Thursday, May 22nd.

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.