Russell Investments Group Ltd. Sells 1,878 Shares of Dillard’s, Inc. (NYSE:DDS)

Russell Investments Group Ltd. decreased its stake in shares of Dillard’s, Inc. (NYSE:DDS) by 12.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 13,353 shares of the company’s stock after selling 1,878 shares during the quarter. Russell Investments Group Ltd.’s holdings in Dillard’s were worth $5,390,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Barclays PLC increased its holdings in shares of Dillard’s by 50.0% during the 3rd quarter. Barclays PLC now owns 4,599 shares of the company’s stock worth $1,521,000 after purchasing an additional 1,534 shares during the period. FMR LLC increased its holdings in shares of Dillard’s by 43.0% during the 3rd quarter. FMR LLC now owns 12,443 shares of the company’s stock worth $4,116,000 after purchasing an additional 3,744 shares during the period. Cambria Investment Management L.P. increased its holdings in shares of Dillard’s by 8.5% during the 3rd quarter. Cambria Investment Management L.P. now owns 40,350 shares of the company’s stock worth $13,348,000 after purchasing an additional 3,150 shares during the period. Jump Financial LLC bought a new position in shares of Dillard’s during the 3rd quarter worth about $610,000. Finally, Handelsbanken Fonder AB bought a new position in shares of Dillard’s during the 4th quarter worth about $1,049,000. Institutional investors own 67.15% of the company’s stock.

Insider Buying and Selling at Dillard’s

In other Dillard’s news, Director J C. Watts, Jr. sold 500 shares of the business’s stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $411.21, for a total value of $205,605.00. Following the transaction, the director now directly owns 11,400 shares in the company, valued at $4,687,794. The transaction was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 33.80% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on DDS shares. Telsey Advisory Group lifted their target price on shares of Dillard’s from $330.00 to $450.00 and gave the company a “market perform” rating in a research report on Tuesday, February 27th. UBS Group lifted their target price on shares of Dillard’s from $180.00 to $190.00 and gave the company a “sell” rating in a research report on Tuesday, February 27th. Finally, StockNews.com upgraded shares of Dillard’s from a “hold” rating to a “buy” rating in a research report on Saturday, January 13th.

Dillard’s Price Performance

Shares of Dillard’s stock opened at $423.40 on Friday. The firm has a market cap of $6.87 billion, a P/E ratio of 9.46 and a beta of 1.00. Dillard’s, Inc. has a twelve month low of $272.58 and a twelve month high of $476.48. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.35 and a current ratio of 2.67. The firm’s 50-day simple moving average is $430.47 and its 200-day simple moving average is $393.17.

Dillard’s (NYSE:DDS) last released its quarterly earnings results on Monday, February 26th. The company reported $13.69 EPS for the quarter, beating analysts’ consensus estimates of $11.59 by $2.10. The firm had revenue of $2.12 billion for the quarter, compared to analyst estimates of $2.08 billion. Dillard’s had a net margin of 10.94% and a return on equity of 40.90%. As a group, research analysts expect that Dillard’s, Inc. will post 32.59 EPS for the current fiscal year.

Dillard’s Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, May 6th. Shareholders of record on Thursday, March 28th were given a $0.25 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $1.00 dividend on an annualized basis and a yield of 0.24%. Dillard’s’s dividend payout ratio (DPR) is presently 2.23%.

Dillard’s Profile

Dillard's, Inc operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. The company's stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods.