Baird Financial Group Inc. Has $1.22 Million Stake in Dillard’s, Inc. (NYSE:DDS)

Baird Financial Group Inc. raised its position in Dillard’s, Inc. (NYSE:DDSGet Rating) by 638.8% during the second quarter, according to its most recent filing with the SEC. The firm owned 5,526 shares of the company’s stock after purchasing an additional 4,778 shares during the period. Baird Financial Group Inc.’s holdings in Dillard’s were worth $1,219,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DDS. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Dillard’s in the 2nd quarter worth approximately $36,000. Banque Cantonale Vaudoise acquired a new position in shares of Dillard’s during the 2nd quarter valued at $41,000. DekaBank Deutsche Girozentrale acquired a new position in shares of Dillard’s during the 1st quarter valued at $153,000. Great West Life Assurance Co. Can lifted its position in shares of Dillard’s by 14.4% during the 1st quarter. Great West Life Assurance Co. Can now owns 565 shares of the company’s stock valued at $161,000 after acquiring an additional 71 shares during the period. Finally, Amalgamated Bank acquired a new position in shares of Dillard’s during the 1st quarter valued at $189,000. Institutional investors and hedge funds own 59.27% of the company’s stock.

Insider Buying and Selling at Dillard’s

In other news, VP Tony J. Bolte sold 2,300 shares of the company’s stock in a transaction on Wednesday, November 16th. The shares were sold at an average price of $367.40, for a total value of $845,020.00. Following the completion of the sale, the vice president now owns 2,268 shares in the company, valued at approximately $833,263.20. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 29.80% of the stock is currently owned by company insiders.

Dillard’s Stock Performance

Shares of DDS stock opened at $359.20 on Friday. The firm has a market capitalization of $6.16 billion, a PE ratio of 7.11 and a beta of 0.82. The firm has a fifty day simple moving average of $306.43 and a two-hundred day simple moving average of $284.27. The company has a current ratio of 1.85, a quick ratio of 0.64 and a debt-to-equity ratio of 0.32. Dillard’s, Inc. has a 12 month low of $193.00 and a 12 month high of $416.71.

Analyst Ratings Changes

A number of research firms recently issued reports on DDS. Telsey Advisory Group boosted their target price on shares of Dillard’s from $350.00 to $380.00 and gave the company a “market perform” rating in a research report on Friday, November 11th. JPMorgan Chase & Co. upgraded shares of Dillard’s from an “underweight” rating to a “neutral” rating and boosted their target price for the company from $210.00 to $298.00 in a research report on Monday, August 15th. UBS Group boosted their target price on shares of Dillard’s to $150.00 in a research report on Wednesday. Finally, StockNews.com upgraded shares of Dillard’s from a “hold” rating to a “buy” rating in a research note on Wednesday, November 9th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, Dillard’s presently has a consensus rating of “Hold” and a consensus price target of $244.50.

About Dillard’s

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Dillard's, Inc operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. Its stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods. As of January 29, 2022, the company operated 280 Dillard's stores, including 30 clearance centers, and an Internet store at dillards.com.

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Institutional Ownership by Quarter for Dillard's (NYSE:DDS)

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