Dillard's, Inc. (NYSE:DDS) Holdings Cut by Nuveen Asset Management LLC

Nuveen Asset Management LLC lessened its holdings in Dillard's, Inc. (NYSE:DDS - Free Report) by 19.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,313 shares of the company's stock after selling 5,706 shares during the period. Nuveen Asset Management LLC owned 0.15% of Dillard's worth $10,497,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of DDS. Steel Grove Capital Advisors LLC boosted its position in Dillard's by 0.7% during the fourth quarter. Steel Grove Capital Advisors LLC now owns 4,314 shares of the company's stock worth $1,863,000 after acquiring an additional 29 shares during the last quarter. Stifel Financial Corp lifted its stake in shares of Dillard's by 0.6% during the 4th quarter. Stifel Financial Corp now owns 5,136 shares of the company's stock worth $2,216,000 after purchasing an additional 31 shares during the period. PNC Financial Services Group Inc. boosted its holdings 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 worth $26,000 after purchasing an additional 39 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Dillard's by 9.5% during the fourth quarter. Wells Fargo & Company MN now owns 783 shares of the company's stock worth $338,000 after purchasing an additional 68 shares during the last quarter. Finally, Treasurer of the State of North Carolina grew its position in shares of Dillard's by 2.4% in the fourth quarter. Treasurer of the State of North Carolina now owns 3,042 shares of the company's stock valued at $1,313,000 after purchasing an additional 72 shares during the period. Hedge funds and other institutional investors own 67.15% of the company's stock.

Dillard's Price Performance

Shares of DDS stock traded down $7.33 during midday trading on Thursday, reaching $403.04. 116,697 shares of the company were exchanged, compared to its average volume of 143,148. Dillard's, Inc. has a 12 month low of $282.24 and a 12 month high of $510.00. The company has a market cap of $6.41 billion, a P/E ratio of 10.37 and a beta of 0.96. The company's 50 day moving average price is $355.40 and its two-hundred day moving average price is $410.02. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.38.

Dillard's (NYSE:DDS - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported $10.39 EPS for the quarter, topping analysts' consensus estimates of $9.10 by $1.29. The business had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.53 billion. Dillard's had a net margin of 9.55% and a return on equity of 32.13%. During the same period in the previous year, the firm earned $11.10 EPS. On average, sell-side analysts expect that Dillard's, Inc. will post 33.25 earnings per share for the current year.

Dillard's Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Wall Street Zen upgraded Dillard's from a "hold" rating to a "buy" rating in a research report on Thursday, May 22nd. Telsey Advisory Group reiterated a "market perform" rating and issued a $450.00 price target on shares of Dillard's in a report on Friday, May 16th. Finally, UBS Group lifted their target price on Dillard's from $150.00 to $170.00 and gave the company a "sell" rating in a report on Friday, May 16th.

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.