Susquehanna Fundamental Investments LLC Acquires New Position in Dillard's, Inc. (NYSE:DDS)

Susquehanna Fundamental Investments LLC bought a new stake in Dillard's, Inc. (NYSE:DDS - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,249 shares of the company's stock, valued at approximately $5,288,000. Susquehanna Fundamental Investments LLC owned about 0.08% of Dillard's as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Pacer Advisors Inc. grew its position in Dillard's by 7.7% during the 4th quarter. Pacer Advisors Inc. now owns 352,006 shares of the company's stock worth $151,975,000 after acquiring an additional 25,212 shares during the last quarter. Allianz Asset Management GmbH grew its holdings in shares of Dillard's by 10.5% in the fourth 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 during the last quarter. Clientfirst Wealth Management LLC purchased a new position in shares of Dillard's in the fourth quarter worth $48,873,000. First Trust Advisors LP raised 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 buying an additional 26,132 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Dillard's by 107.2% during the 4th 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 period. Hedge funds and other institutional investors own 67.15% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently commented on DDS. StockNews.com raised shares of Dillard's from a "hold" rating to a "buy" rating in a research note on Tuesday. Telsey Advisory Group reiterated a "market perform" rating and issued a $450.00 price objective on shares of Dillard's in a report on Wednesday, February 26th. Finally, UBS Group boosted their target price on Dillard's from $200.00 to $202.00 and gave the company a "sell" rating in a research note on Friday, February 28th.

Dillard's Trading Up 3.2 %

Shares of NYSE DDS traded up $11.13 during midday trading on Friday, hitting $362.97. 116,736 shares of the company traded hands, compared to its average volume of 140,189. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.38. Dillard's, Inc. has a 12-month low of $282.24 and a 12-month high of $510.00. The stock has a 50-day moving average price of $349.70 and a 200 day moving average price of $409.16. The firm has a market cap of $5.77 billion, a P/E ratio of 9.34 and a beta of 0.66.

Dillard's (NYSE:DDS - Get Free Report) last announced 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 return on equity of 32.13% and a net margin of 9.55%. The firm had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the prior year, the company earned $15.44 EPS. The business's revenue was down 5.0% compared to the same quarter last year. As a group, analysts expect that Dillard's, Inc. will post 33.25 earnings per share for the current year.

Dillard's Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Investors of record on Monday, March 31st will be paid a $0.25 dividend. The ex-dividend date is Monday, March 31st. This represents a $1.00 annualized dividend and a dividend yield of 0.28%. Dillard's's payout ratio is 2.71%.

About Dillard's

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.