Nisa Investment Advisors LLC Purchases 4,867 Shares of Dillard's, Inc. (NYSE:DDS)

Nisa Investment Advisors LLC increased its holdings in Dillard's, Inc. (NYSE:DDS - Free Report) by 35.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,529 shares of the company's stock after purchasing an additional 4,867 shares during the period. Nisa Investment Advisors LLC owned 0.12% of Dillard's worth $6,641,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of DDS. PNC Financial Services Group Inc. raised its stake in Dillard's by 177.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 61 shares of the company's stock valued at $26,000 after acquiring an additional 39 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new position in Dillard's during the fourth quarter valued at about $36,000. Whipplewood Advisors LLC grew its position 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 buying an additional 149 shares in the last quarter. Farther Finance Advisors LLC raised its position in Dillard's by 986.7% in the 1st 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. Finally, Gordian Capital Singapore Pte Ltd acquired a new position in shares of Dillard's in the 4th quarter valued at $70,000. Institutional investors own 67.15% of the company's stock.

Dillard's Trading Down 3.0%

Shares of DDS stock traded down $12.96 on Tuesday, reaching $426.15. 77,532 shares of the company's stock were exchanged, compared to its average volume of 147,001. Dillard's, Inc. has a 52 week low of $282.24 and a 52 week high of $510.00. The company's fifty day simple moving average is $407.50 and its 200 day simple moving average is $404.83. The stock has a market capitalization of $6.66 billion, a PE ratio of 11.78 and a beta of 0.99. The company has a current ratio of 2.41, a quick ratio of 1.13 and a debt-to-equity ratio of 0.28.

Dillard's (NYSE:DDS - Get Free Report) last issued 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. Dillard's had a return on equity of 30.52% and a net margin of 8.93%. The firm had revenue of $1.54 billion for the quarter, compared to analysts' expectations of $1.53 billion. During the same quarter in the previous year, the firm posted $11.10 EPS. As a group, analysts forecast that Dillard's, Inc. will post 33.25 EPS for the current year.

Dillard's Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 4th. Shareholders of record on Monday, June 30th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date is Monday, June 30th. Dillard's's dividend payout ratio (DPR) is 2.76%.

Analyst Upgrades and Downgrades

DDS has been the topic of several analyst reports. Wall Street Zen cut shares of Dillard's from a "buy" rating to a "hold" rating in a report on Saturday, July 5th. UBS Group boosted their price target 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. Finally, Telsey Advisory Group reiterated 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 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.