LSV Asset Management Takes Position in Dillard's, Inc. (NYSE:DDS)

LSV Asset Management purchased a new stake in Dillard's, Inc. (NYSE:DDS - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,400 shares of the company's stock, valued at approximately $969,000.

Other hedge funds have also bought and sold shares of the company. Barclays PLC increased its holdings in shares of Dillard's by 50.0% during the third quarter. Barclays PLC now owns 4,599 shares of the company's stock worth $1,521,000 after purchasing an additional 1,534 shares during the period. FMR LLC raised its holdings in Dillard's by 43.0% in the 3rd quarter. FMR LLC now owns 12,443 shares of the company's stock valued at $4,116,000 after acquiring an additional 3,744 shares in the last quarter. Cambria Investment Management L.P. lifted its position in shares of Dillard's by 8.5% during the 3rd quarter. Cambria Investment Management L.P. now owns 40,350 shares of the company's stock valued at $13,348,000 after acquiring an additional 3,150 shares during the period. Jump Financial LLC acquired a new stake in shares of Dillard's during the 3rd quarter worth $610,000. Finally, Handelsbanken Fonder AB bought a new position in shares of Dillard's in the fourth quarter worth $1,049,000. 67.15% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on DDS. Telsey Advisory Group increased their price objective on shares of Dillard's from $330.00 to $450.00 and gave the stock a "market perform" rating in a research note on Tuesday, February 27th. UBS Group boosted their price objective on shares of Dillard's from $180.00 to $190.00 and gave the company a "sell" rating in a research report on Tuesday, February 27th. Finally, StockNews.com raised Dillard's from a "hold" rating to a "buy" rating in a report on Saturday, January 13th.

Dillard's Price Performance

Shares of DDS stock traded up $0.14 on Friday, reaching $423.38. The company had a trading volume of 71,786 shares, compared to its average volume of 93,699. The stock has a market capitalization of $6.87 billion, a PE ratio of 9.46 and a beta of 1.00. The company has a quick ratio of 1.35, a current ratio of 2.67 and a debt-to-equity ratio of 0.31. The business's 50-day moving average is $430.47 and its 200 day moving average is $393.17. Dillard's, Inc. has a one year low of $272.58 and a one year high of $476.48.

Dillard's (NYSE:DDS - Get Free Report) last issued its earnings results on Monday, February 26th. The company reported $13.69 earnings per share for the quarter, beating analysts' consensus estimates of $11.59 by $2.10. The firm had revenue of $2.12 billion for the quarter, compared to analyst estimates of $2.08 billion. Dillard's had a net margin of 10.94% and a return on equity of 40.90%. Equities research analysts forecast that Dillard's, Inc. will post 32.59 EPS for the current fiscal year.

Dillard's Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, May 6th. Shareholders of record on Thursday, March 28th were given a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.00 annualized dividend and a yield of 0.24%. Dillard's's dividend payout ratio is presently 2.23%.

Insider Buying and Selling at Dillard's

In related news, Director J C. Watts, Jr. sold 500 shares of Dillard's stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $411.21, for a total transaction of $205,605.00. Following the sale, the director now directly owns 11,400 shares in the company, valued at approximately $4,687,794. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 33.80% of the company's stock.

Dillard's Profile

Dillard's, Inc operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. The company's stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods.