Two Sigma Investments LP Has $2.44 Million Holdings in Dillard's, Inc. (NYSE:DDS)

Two Sigma Investments LP trimmed its stake in shares of Dillard's, Inc. (NYSE:DDS - Free Report) by 36.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,647 shares of the company's stock after selling 3,283 shares during the quarter. Two Sigma Investments LP's holdings in Dillard's were worth $2,438,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in DDS. Consolidated Planning Corp raised its holdings in Dillard's by 154.5% during the 4th quarter. Consolidated Planning Corp now owns 1,514 shares of the company's stock worth $654,000 after buying an additional 919 shares during the period. Proficio Capital Partners LLC acquired a new stake in shares of Dillard's during the fourth quarter valued at approximately $7,270,000. Wells Fargo & Company MN lifted its position in shares of Dillard's by 9.5% in the 4th quarter. Wells Fargo & Company MN now owns 783 shares of the company's stock valued at $338,000 after acquiring an additional 68 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Dillard's in the 4th quarter worth approximately $556,000. Finally, Bank of New York Mellon Corp grew its position in Dillard's by 107.2% during the 4th quarter. Bank of New York Mellon Corp now owns 77,050 shares of the company's stock worth $33,266,000 after purchasing an additional 39,858 shares in the last quarter. 67.15% of the stock is currently owned by institutional investors.

Dillard's Stock Performance

Shares of Dillard's stock traded up $1.19 during midday trading on Wednesday, hitting $398.76. The company had a trading volume of 28,834 shares, compared to its average volume of 143,239. Dillard's, Inc. has a 1-year low of $282.24 and a 1-year high of $510.00. The business's 50 day simple moving average is $357.63 and its two-hundred day simple moving average is $409.86. The stock has a market cap of $6.34 billion, a PE ratio of 10.26 and a beta of 0.96. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02.

Dillard's (NYSE:DDS - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The company reported $10.39 EPS 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 return on equity of 32.13% and a net margin of 9.55%. During the same quarter last year, the company earned $11.10 EPS. As a group, equities analysts predict that Dillard's, Inc. will post 33.25 EPS for the current fiscal year.

Dillard's Announces Dividend

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

Wall Street Analysts Forecast Growth

DDS has been the subject of several research reports. Wall Street Zen upgraded shares of Dillard's from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $450.00 price target on shares of Dillard's in a research note on Friday, May 16th. Finally, UBS Group increased their price objective on Dillard's from $150.00 to $170.00 and gave the stock a "sell" rating in a report 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.