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Teacher Retirement System of Texas Has $431,000 Position in Dillard's, Inc. (NYSE:DDS)

Dillard's logo with Retail/Wholesale background

Teacher Retirement System of Texas lessened its holdings in shares of Dillard's, Inc. (NYSE:DDS - Free Report) by 56.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,203 shares of the company's stock after selling 1,573 shares during the period. Teacher Retirement System of Texas' holdings in Dillard's were worth $431,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in DDS. Steel Grove Capital Advisors LLC raised its holdings 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 purchasing an additional 29 shares in the last quarter. Stifel Financial Corp raised its holdings in Dillard's by 0.6% during the fourth quarter. Stifel Financial Corp now owns 5,136 shares of the company's stock worth $2,216,000 after purchasing an additional 31 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in Dillard's by 3.5% during the first quarter. Sequoia Financial Advisors LLC now owns 1,047 shares of the company's stock worth $375,000 after purchasing an additional 35 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in 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 in the last quarter. Finally, Wells Fargo & Company MN raised its holdings 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 in the last quarter. Institutional investors own 67.15% of the company's stock.

Dillard's Price Performance

Shares of NYSE DDS traded up $1.42 during trading on Monday, hitting $463.16. The company had a trading volume of 76,730 shares, compared to its average volume of 146,336. The company has a market cap of $7.24 billion, a P/E ratio of 12.80 and a beta of 0.99. Dillard's, Inc. has a 52 week low of $282.24 and a 52 week high of $510.00. The business's 50-day moving average is $416.57 and its 200 day moving average is $404.97. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.13 and a current ratio of 2.41.

Dillard's (NYSE:DDS - Get Free Report) last posted 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 company had revenue of $1.54 billion for the quarter, compared to analysts' expectations of $1.53 billion. During the same quarter in the prior year, the company earned $11.10 earnings per share. Equities research analysts predict that Dillard's, Inc. will post 33.25 earnings per share for the current fiscal year.

Dillard's Dividend Announcement

The company also recently announced 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 annualized dividend and a yield of 0.22%. The ex-dividend date is Monday, June 30th. Dillard's's dividend payout ratio (DPR) is currently 2.76%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Wall Street Zen cut Dillard's from a "buy" rating to a "hold" rating in a report on Saturday, July 5th. Telsey Advisory Group reaffirmed 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 upped their price target on Dillard's from $150.00 to $170.00 and gave the company a "sell" rating in a report on Friday, May 16th.

Get Our Latest Stock Report on DDS

About Dillard's

(Free Report)

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.

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Institutional Ownership by Quarter for Dillard's (NYSE:DDS)

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