Nisa Investment Advisors LLC Grows Stock Position in Dillard's, Inc. (NYSE:DDS)

Nisa Investment Advisors LLC grew its position in Dillard's, Inc. (NYSE:DDS - Free Report) by 35.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 18,529 shares of the company's stock after purchasing an additional 4,867 shares during the period. Nisa Investment Advisors LLC owned about 0.12% of Dillard's worth $6,641,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. PNC Financial Services Group Inc. grew its position in Dillard's by 177.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 61 shares of the company's stock valued at $26,000 after purchasing an additional 39 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new stake in shares of Dillard's during the 4th quarter worth about $36,000. Whipplewood Advisors LLC raised its stake in Dillard's by 2,980.0% in 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 raised its position in shares of Dillard's by 986.7% in the first quarter. Farther Finance Advisors LLC now owns 163 shares of the company's stock valued at $59,000 after buying an additional 148 shares in the last quarter. Finally, Gordian Capital Singapore Pte Ltd acquired a new stake in shares of Dillard's in the fourth quarter valued at approximately $70,000. 67.15% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several 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 research report on Friday, May 16th. Wall Street Zen lowered shares of Dillard's from a "buy" rating to a "hold" rating in a report on Saturday, July 5th. Finally, Telsey Advisory Group reaffirmed a "market perform" rating and issued a $450.00 price objective on shares of Dillard's in a research note on Friday, May 16th.

Dillard's Stock Down 1.2%

Shares of DDS stock traded down $5.13 on Friday, hitting $431.94. The stock had a trading volume of 67,255 shares, compared to its average volume of 147,226. The business has a 50 day moving average of $407.50 and a 200 day moving average of $405.52. The stock has a market cap of $6.76 billion, a price-to-earnings ratio of 11.94 and a beta of 0.99. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.41 and a quick ratio of 1.13. Dillard's, Inc. has a 12-month low of $282.24 and a 12-month 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 (EPS) for the quarter, topping analysts' consensus estimates of $9.10 by $1.29. Dillard's had a net margin of 8.93% and a return on equity of 30.52%. The business had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter last year, the company posted $11.10 earnings per share. As a group, analysts expect that Dillard's, Inc. will post 33.25 EPS for the current year.

Dillard's Announces Dividend

The business also recently announced 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 0.23%. The ex-dividend date of this dividend is Monday, June 30th. Dillard's's dividend payout ratio is currently 2.76%.

About Dillard's

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.