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

Tower Research Capital LLC TRC decreased its position in Dillard's, Inc. (NYSE:DDS - Free Report) by 57.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor 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.

Other institutional investors also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its position in Dillard's by 177.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 61 shares of the company's stock valued at $26,000 after acquiring an additional 39 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new stake in shares of Dillard's during the fourth quarter worth about $36,000. KBC Group NV increased its position in shares of 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 purchasing an additional 99 shares in the last quarter. US Bancorp DE lifted its holdings in shares of Dillard's by 102.3% in the 4th quarter. US Bancorp DE now owns 261 shares of the company's stock valued at $113,000 after purchasing an additional 132 shares during the last quarter. Finally, Covestor Ltd boosted its position in shares of Dillard's by 75.3% in the 4th quarter. Covestor Ltd now owns 284 shares of the company's stock valued at $122,000 after purchasing an additional 122 shares during the period. Hedge funds and other institutional investors own 67.15% of the company's stock.

Dillard's Stock Performance

Shares of DDS stock traded down $1.73 during midday trading on Monday, hitting $361.72. The company had a trading volume of 12,318 shares, compared to its average volume of 140,325. The stock has a market cap of $5.75 billion, a price-to-earnings ratio of 9.31 and a beta of 0.66. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02. The company's 50 day simple moving average is $347.81 and its 200 day simple moving average is $409.37. Dillard's, Inc. has a 52-week low of $282.24 and a 52-week high of $510.00.

Dillard's (NYSE:DDS - Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The company reported $13.48 earnings per share for the quarter, beating analysts' consensus estimates of $9.84 by $3.64. The firm had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.49 billion. Dillard's had a net margin of 9.55% and a return on equity of 32.13%. Dillard's's quarterly revenue was down 5.0% on a year-over-year basis. During the same period last year, the firm posted $15.44 EPS. Research analysts anticipate that Dillard's, Inc. will post 33.25 earnings per share for the current fiscal year.

Dillard's Cuts Dividend

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

Wall Street Analysts Forecast Growth

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

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.