Northern Trust Corp Has $10.89 Million Position in Dillard's, Inc. (NYSE:DDS)

Northern Trust Corp grew its holdings in shares of Dillard's, Inc. (NYSE:DDS - Free Report) by 36.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,217 shares of the company's stock after purchasing an additional 6,683 shares during the period. Northern Trust Corp owned approximately 0.16% of Dillard's worth $10,887,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Beacon Pointe Advisors LLC increased its position in shares of Dillard's by 0.3% during the 4th quarter. Beacon Pointe Advisors LLC now owns 152,756 shares of the company's stock valued at $65,951,000 after purchasing an additional 480 shares during the period. Susquehanna Fundamental Investments LLC acquired a new position in shares of Dillard's in the 4th quarter worth $5,288,000. Two Sigma Securities LLC acquired a new stake in shares of Dillard's during the fourth quarter worth $317,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of Dillard's by 8.7% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,084 shares of the company's stock valued at $900,000 after purchasing an additional 166 shares during the last quarter. Finally, Steel Grove Capital Advisors LLC boosted its position in shares of Dillard's by 0.7% in the 4th quarter. Steel Grove Capital Advisors LLC now owns 4,314 shares of the company's stock valued at $1,863,000 after purchasing an additional 29 shares during the period. 67.15% of the stock is currently owned by institutional investors.

Dillard's Stock Up 3.2%

NYSE:DDS traded up $12.97 on Tuesday, hitting $419.13. 193,118 shares of the company's stock traded hands, compared to its average volume of 141,464. The firm has a 50-day moving average price of $348.33 and a 200-day moving average price of $409.38. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27. The company has a market cap of $6.67 billion, a PE ratio of 10.79 and a beta of 0.96. Dillard's, Inc. has a 1 year low of $282.24 and a 1 year high of $510.00.

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, beating analysts' consensus estimates of $9.10 by $1.29. Dillard's had a net margin of 9.55% and a return on equity of 32.13%. The firm had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.53 billion. During the same period in the previous year, the firm posted $11.10 earnings per share. Equities analysts anticipate that Dillard's, Inc. will post 33.25 EPS for the current fiscal year.

Dillard's Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 4th. Stockholders of record on Monday, June 30th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.24%. The ex-dividend date of this dividend is Monday, June 30th. Dillard's's dividend payout ratio (DPR) is presently 2.76%.

Analyst Ratings Changes

Several research analysts have commented on the stock. StockNews.com upgraded shares of Dillard's from a "hold" rating to a "buy" rating in a report on Tuesday, April 29th. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $450.00 price objective on shares of Dillard's in a research note on Friday. Finally, UBS Group boosted their target price on shares of Dillard's from $150.00 to $170.00 and gave the company a "sell" rating in a research note on Friday.

Dillard's Company 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.