Dillard's, Inc. (NYSE:DDS) Shares Bought by Northern Trust Corp

Northern Trust Corp increased its holdings in shares of Dillard's, Inc. (NYSE:DDS - Free Report) by 36.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,217 shares of the company's stock after buying an additional 6,683 shares during the quarter. Northern Trust Corp owned about 0.16% of Dillard's worth $10,887,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in DDS. Nisa Investment Advisors LLC lifted its position in Dillard's by 7.5% during the fourth quarter. Nisa Investment Advisors LLC now owns 13,662 shares of the company's stock worth $6,243,000 after buying an additional 950 shares during the period. SG Americas Securities LLC purchased a new position in Dillard's during the fourth quarter worth about $462,000. Blue Trust Inc. increased its stake in Dillard's by 20.7% during the fourth quarter. Blue Trust Inc. now owns 518 shares of the company's stock worth $224,000 after acquiring an additional 89 shares during the last quarter. KBC Group NV increased its stake in Dillard's by 85.3% during the fourth quarter. KBC Group NV now owns 215 shares of the company's stock worth $93,000 after acquiring an additional 99 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its stake in shares of Dillard's by 7.7% in the 4th quarter. Pacer Advisors Inc. now owns 352,006 shares of the company's stock valued at $151,975,000 after purchasing an additional 25,212 shares in the last quarter. 67.15% of the stock is currently owned by hedge funds and other institutional investors.

Dillard's Stock Up 4.2%

NYSE:DDS traded up $16.81 during trading hours on Thursday, hitting $421.16. The stock had a trading volume of 205,087 shares, compared to its average volume of 142,428. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27. Dillard's, Inc. has a 1-year low of $282.24 and a 1-year high of $510.00. The business has a 50 day simple moving average of $351.55 and a two-hundred day simple moving average of $409.67. The company has a market cap of $6.70 billion, a PE ratio of 10.84 and a beta of 0.96.

Dillard's (NYSE:DDS - Get Free Report) last issued its quarterly earnings data 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 net margin of 9.55% and a return on equity of 32.13%. The company had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter last year, the company earned $11.10 earnings per share. Analysts predict that Dillard's, Inc. will post 33.25 EPS for the current year.

Dillard's Announces Dividend

The company also recently disclosed 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. This represents a $1.00 annualized dividend and a yield of 0.24%. The ex-dividend date of this dividend is Monday, June 30th. Dillard's's dividend payout ratio (DPR) is 2.76%.

Wall Street Analyst Weigh In

DDS has been the subject of a number of research analyst reports. Telsey Advisory Group reissued a "market perform" rating and set a $450.00 target price on shares of Dillard's in a research report on Friday, May 16th. Wall Street Zen raised shares of Dillard's from a "hold" rating to a "buy" rating in a research report on Thursday. Finally, UBS Group increased their target price on shares of Dillard's from $150.00 to $170.00 and gave the stock a "sell" rating in a research report on Friday, May 16th.

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.