Mitsubishi UFJ Trust & Banking Corp reduced its position in shares of Dillard’s, Inc. (NYSE:DDS – Free Report) by 28.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 727 shares of the company’s stock after selling 289 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Dillard’s were worth $237,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Federated Hermes Inc. raised its position in Dillard’s by 55.0% during the 3rd quarter. Federated Hermes Inc. now owns 93 shares of the company’s stock worth $25,000 after purchasing an additional 33 shares during the last quarter. DekaBank Deutsche Girozentrale acquired a new position in shares of Dillard’s in the second quarter worth approximately $76,000. Point72 Middle East FZE bought a new stake in Dillard’s in the fourth quarter valued at approximately $101,000. Dupont Capital Management Corp increased its position in Dillard’s by 7.4% during the 2nd quarter. Dupont Capital Management Corp now owns 522 shares of the company’s stock valued at $170,000 after purchasing an additional 36 shares during the period. Finally, Great West Life Assurance Co. Can raised its holdings in Dillard’s by 14.4% during the 1st quarter. Great West Life Assurance Co. Can now owns 565 shares of the company’s stock worth $161,000 after purchasing an additional 71 shares during the last quarter. Institutional investors and hedge funds own 54.36% of the company’s stock.
Dillard’s Stock Performance
NYSE:DDS opened at $338.78 on Monday. The company has a quick ratio of 0.86, a current ratio of 2.22 and a debt-to-equity ratio of 0.29. Dillard’s, Inc. has a twelve month low of $272.58 and a twelve month high of $417.86. The company has a fifty day moving average of $313.67 and a 200-day moving average of $319.35. The firm has a market capitalization of $5.56 billion, a P/E ratio of 7.33 and a beta of 0.97.
Dillard’s Increases Dividend
The company also recently disclosed a None dividend, which will be paid on Monday, January 8th. Shareholders of record on Friday, December 15th will be paid a $20.00 dividend. The ex-dividend date is Thursday, December 14th. This is a boost from Dillard’s’s previous None dividend of $15.00. Dillard’s’s dividend payout ratio (DPR) is 2.16%.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on DDS shares. Telsey Advisory Group decreased their price objective on shares of Dillard’s from $410.00 to $330.00 and set a “market perform” rating for the company in a research report on Friday, November 10th. StockNews.com downgraded Dillard’s from a “buy” rating to a “hold” rating in a report on Monday, November 13th.
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. The company also engages in the general contracting construction activities.
- Five stocks we like better than Dillard’s
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- S&P 500’s Whirlwind: Big gains, warning whispers & tactical moves
- 3 Warren Buffett Stocks to Buy Now
- MarketBeat Week in Review – 11/13 – 11/17
- How to Calculate Return on Investment (ROI)
- 3 large caps with red hot RSIs with upside
Receive News & Ratings for Dillard's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dillard's and related companies with MarketBeat.com's FREE daily email newsletter.