Findell Capital Management LLC Purchases New Holdings in Dillard's, Inc. (NYSE:DDS)

Findell Capital Management LLC acquired a new position in Dillard's, Inc. (NYSE:DDS - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,766 shares of the company's stock, valued at approximately $762,000. Dillard's makes up about 0.3% of Findell Capital Management LLC's holdings, making the stock its 16th largest holding.

A number of other large investors also recently bought and sold shares of the business. Clientfirst Wealth Management LLC purchased a new stake in shares of Dillard's during the fourth quarter valued at $48,873,000. Bank of New York Mellon Corp grew its holdings in shares of Dillard's by 107.2% during the fourth quarter. Bank of New York Mellon Corp now owns 77,050 shares of the company's stock valued at $33,266,000 after buying an additional 39,858 shares during the last quarter. First Trust Advisors LP grew its holdings in shares of Dillard's by 47.0% during the fourth quarter. First Trust Advisors LP now owns 81,779 shares of the company's stock valued at $35,307,000 after buying an additional 26,132 shares during the last quarter. Pacer Advisors Inc. grew its holdings in shares of Dillard's by 7.7% during the fourth quarter. Pacer Advisors Inc. now owns 352,006 shares of the company's stock valued at $151,975,000 after buying an additional 25,212 shares during the last quarter. Finally, Allianz Asset Management GmbH grew its holdings in shares of Dillard's by 10.5% during the fourth quarter. Allianz Asset Management GmbH now owns 211,561 shares of the company's stock valued at $91,339,000 after buying an additional 20,155 shares during the last quarter. Institutional investors own 67.15% of the company's stock.

Dillard's Price Performance

Shares of DDS stock traded down $4.41 during mid-day trading on Wednesday, hitting $389.46. 42,204 shares of the stock were exchanged, compared to its average volume of 147,459. The firm has a fifty day moving average of $345.41 and a 200 day moving average of $408.33. 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 52-week low of $282.24 and a 52-week high of $510.00. The company has a market cap of $6.19 billion, a PE ratio of 10.02 and a beta of 0.96.

Dillard's (NYSE:DDS - Get Free Report) last posted its earnings results on Tuesday, February 25th. The company reported $13.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.84 by $3.64. Dillard's had a net margin of 9.55% and a return on equity of 32.13%. The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same period in the prior year, the company posted $15.44 EPS. The company's revenue for the quarter was down 5.0% on a year-over-year basis. Research analysts anticipate that Dillard's, Inc. will post 33.25 earnings per share for the current year.

Dillard's Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, May 5th. Stockholders of record on Monday, March 31st were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.26%. The ex-dividend date was Monday, March 31st. Dillard's's payout ratio is currently 2.71%.

Analyst Ratings Changes

DDS has been the topic of a number of research analyst reports. StockNews.com raised shares of Dillard's from a "hold" rating to a "buy" rating in a report on Tuesday, April 29th. UBS Group upped their price target on shares of Dillard's from $200.00 to $202.00 and gave the company a "sell" rating in a report on Friday, February 28th. Finally, Telsey Advisory Group reaffirmed a "market perform" rating and issued a $450.00 price target on shares of Dillard's in a report on Wednesday, February 26th.

Dillard's 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.