Quantinno Capital Management LP Takes Position in Dillard's, Inc. (NYSE:DDS)

Quantinno Capital Management LP purchased a new position in shares of Dillard's, Inc. (NYSE:DDS - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 661 shares of the company's stock, valued at approximately $285,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Pacer Advisors Inc. boosted its stake in Dillard's by 7.7% in the 4th quarter. Pacer Advisors Inc. now owns 352,006 shares of the company's stock valued at $151,975,000 after purchasing an additional 25,212 shares during the period. Allianz Asset Management GmbH boosted its position in shares of Dillard's by 10.5% in the fourth quarter. Allianz Asset Management GmbH now owns 211,561 shares of the company's stock valued at $91,339,000 after acquiring an additional 20,155 shares during the period. Beacon Pointe Advisors LLC grew its stake in shares of Dillard's by 0.3% in the fourth quarter. Beacon Pointe Advisors LLC now owns 152,756 shares of the company's stock valued at $65,951,000 after acquiring an additional 480 shares in the last quarter. Clientfirst Wealth Management LLC bought a new position in Dillard's during the fourth quarter worth about $48,873,000. Finally, First Trust Advisors LP boosted its holdings in Dillard's by 47.0% in the 4th quarter. First Trust Advisors LP now owns 81,779 shares of the company's stock valued at $35,307,000 after purchasing an additional 26,132 shares during the period. 67.15% of the stock is owned by institutional investors.

Dillard's Price Performance

Dillard's stock traded down $5.80 during trading hours on Friday, reaching $396.66. 199,794 shares of the stock were exchanged, compared to its average volume of 143,820. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27. Dillard's, Inc. has a twelve month low of $282.24 and a twelve month high of $510.00. The company has a market cap of $6.31 billion, a P/E ratio of 10.21 and a beta of 0.96. The stock has a 50 day moving average of $356.54 and a two-hundred day moving average of $410.36.

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 for the quarter, topping analysts' consensus estimates of $9.10 by $1.29. The company had revenue of $1.54 billion during 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 quarter in the prior year, the firm posted $11.10 EPS. Equities analysts expect that Dillard's, Inc. will post 33.25 EPS for the current fiscal year.

Dillard's Dividend Announcement

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

Analyst Ratings Changes

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

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.