Vest Financial LLC bought a new stake in shares of Dillard's, Inc. (NYSE:DDS - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 8,237 shares of the company's stock, valued at approximately $2,950,000. Vest Financial LLC owned 0.05% of Dillard's as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently made changes to their positions in DDS. Allianz Asset Management GmbH raised its holdings in Dillard's by 10.5% in the 4th quarter. Allianz Asset Management GmbH now owns 211,561 shares of the company's stock worth $91,339,000 after purchasing an additional 20,155 shares in the last quarter. Beacon Pointe Advisors LLC boosted its stake in Dillard's by 0.3% during the fourth quarter. Beacon Pointe Advisors LLC now owns 152,756 shares of the company's stock valued at $65,951,000 after buying an additional 480 shares during the last quarter. Clientfirst Wealth Management LLC bought a new position in Dillard's during the fourth quarter valued at $48,873,000. First Trust Advisors LP boosted its holdings in Dillard's by 47.0% during the 4th quarter. First Trust Advisors LP now owns 81,779 shares of the company's stock valued at $35,307,000 after acquiring an additional 26,132 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in Dillard's by 107.2% in the fourth 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. Institutional investors own 67.15% of the company's stock.
Analysts Set New Price Targets
A number of brokerages have commented on DDS. 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 restated a "market perform" rating and set a $450.00 price target on shares of Dillard's in a research report on Friday, May 16th. Finally, UBS Group upped their target price on shares of Dillard's from $150.00 to $170.00 and gave the stock a "sell" rating in a report on Friday, May 16th.
Read Our Latest Stock Analysis on DDS
Dillard's Stock Down 0.1%
Shares of NYSE DDS traded down $0.24 during mid-day trading on Tuesday, hitting $402.71. The company had a trading volume of 67,487 shares, compared to its average volume of 143,926. The company has a market capitalization of $6.41 billion, a PE ratio of 10.37 and a beta of 1.00. The business's 50-day simple moving average is $360.83 and its 200 day simple moving average is $408.85. Dillard's, Inc. has a 1-year low of $282.24 and a 1-year high of $510.00. 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 issued its earnings results on Thursday, May 15th. The company reported $10.39 earnings per share for the quarter, topping the consensus estimate of $9.10 by $1.29. Dillard's had a return on equity of 32.13% and a net margin of 9.55%. The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same quarter last year, the company earned $11.10 EPS. On average, analysts predict that Dillard's, Inc. will post 33.25 earnings per share for the current year.
Dillard's Announces Dividend
The firm 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 $0.25 dividend. The ex-dividend date of this dividend 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 is presently 2.76%.
Dillard's Profile
(
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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