Dillard's, Inc. (NYSE:DDS) Shares Sold by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC lessened its holdings in shares of Dillard's, Inc. (NYSE:DDS - Free Report) by 57.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,117 shares of the company's stock after selling 1,520 shares during the quarter. Tower Research Capital LLC TRC's holdings in Dillard's were worth $482,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of DDS. Barclays PLC increased its position in Dillard's by 9.0% in the third quarter. Barclays PLC now owns 2,424 shares of the company's stock worth $930,000 after purchasing an additional 200 shares during the last quarter. Tidal Investments LLC lifted its holdings in Dillard's by 3.3% during the 3rd quarter. Tidal Investments LLC now owns 4,854 shares of the company's stock valued at $1,862,000 after buying an additional 157 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in shares of Dillard's by 7.5% during the fourth quarter. Nisa Investment Advisors LLC now owns 13,662 shares of the company's stock valued at $6,243,000 after acquiring an additional 950 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Dillard's during the 4th quarter worth $462,000. Finally, Blue Trust Inc. lifted its position in shares of Dillard's by 20.7% in the 4th quarter. Blue Trust Inc. now owns 518 shares of the company's stock worth $224,000 after purchasing an additional 89 shares during the period. Hedge funds and other institutional investors own 67.15% of the company's stock.

Dillard's Price Performance

DDS traded up $11.13 during trading on Friday, hitting $362.97. The company's stock had a trading volume of 116,736 shares, compared to its average volume of 140,833. The business's fifty day simple moving average is $347.81 and its 200 day simple moving average is $409.22. Dillard's, Inc. has a twelve month low of $282.24 and a twelve month high of $510.00. The firm has a market capitalization of $5.77 billion, a price-to-earnings ratio of 9.34 and a beta of 0.66. 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 (NYSE:DDS - Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The company reported $13.48 EPS for the quarter, topping the consensus estimate of $9.84 by $3.64. The company had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.49 billion. Dillard's had a return on equity of 32.13% and a net margin of 9.55%. Dillard's's quarterly revenue was down 5.0% on a year-over-year basis. During the same period in the previous year, the business earned $15.44 EPS. On average, equities research analysts forecast that Dillard's, Inc. will post 33.25 EPS for the current fiscal year.

Dillard's Cuts Dividend

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. UBS Group raised their price objective on Dillard's from $200.00 to $202.00 and gave the company a "sell" rating in a research report on Friday, February 28th. Telsey Advisory Group reissued a "market perform" rating and issued a $450.00 price objective on shares of Dillard's in a report on Wednesday, February 26th. Finally, StockNews.com upgraded shares of Dillard's from a "hold" rating to a "buy" rating in a research report on Tuesday, April 29th.

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.