Quantinno Capital Management LP Makes New $285,000 Investment in Dillard's, Inc. (NYSE:DDS)

Quantinno Capital Management LP acquired a new position in shares of Dillard's, Inc. (NYSE:DDS - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 661 shares of the company's stock, valued at approximately $285,000.

A number of other hedge funds also recently made changes to their positions in DDS. Consolidated Planning Corp grew its stake in Dillard's by 154.5% during the fourth quarter. Consolidated Planning Corp now owns 1,514 shares of the company's stock worth $654,000 after purchasing an additional 919 shares during the period. Pacer Advisors Inc. grew its stake in Dillard's by 7.7% during the fourth quarter. Pacer Advisors Inc. now owns 352,006 shares of the company's stock worth $151,975,000 after purchasing an additional 25,212 shares during the period. Proficio Capital Partners LLC acquired a new stake in Dillard's during the fourth quarter worth approximately $7,270,000. Wells Fargo & Company MN grew its stake in 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 period. Finally, Raymond James Financial Inc. acquired a new stake in Dillard's during the fourth quarter worth approximately $556,000. 67.15% of the stock is currently owned by institutional investors.

Dillard's Stock Performance

DDS stock traded down $7.33 during midday trading on Thursday, hitting $403.04. The company's stock had a trading volume of 116,697 shares, compared to its average volume of 142,774. The stock's 50-day moving average price is $355.40 and its 200 day moving average price is $410.02. The company has a quick ratio of 1.02, a current ratio of 2.38 and a debt-to-equity ratio of 0.27. Dillard's, Inc. has a 1 year low of $282.24 and a 1 year high of $510.00. The stock has a market cap of $6.41 billion, a price-to-earnings ratio of 10.37 and a beta of 0.96.

Dillard's (NYSE:DDS - Get Free Report) last issued its quarterly earnings results on Thursday, May 15th. The company reported $10.39 EPS for the quarter, beating analysts' consensus estimates of $9.10 by $1.29. The firm had revenue of $1.54 billion for the quarter, compared to analysts' expectations of $1.53 billion. Dillard's had a return on equity of 32.13% and a net margin of 9.55%. During the same quarter in the prior year, the firm earned $11.10 EPS. On average, equities analysts forecast that Dillard's, Inc. will post 33.25 EPS for the current year.

Dillard's Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts have commented on DDS shares. UBS Group raised their price objective on Dillard's from $150.00 to $170.00 and gave the company a "sell" rating in a research note on Friday, May 16th. Wall Street Zen raised Dillard's from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd. Finally, Telsey Advisory Group reissued 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 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.