Dillard’s, Inc. (NYSE:DDS) Shares Acquired by Pinebridge Investments L.P.

Pinebridge Investments L.P. boosted its position in Dillard’s, Inc. (NYSE:DDSFree Report) by 61.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,547 shares of the company’s stock after purchasing an additional 974 shares during the period. Pinebridge Investments L.P.’s holdings in Dillard’s were worth $1,028,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Covestor Ltd boosted its stake in shares of Dillard’s by 352.9% in the third quarter. Covestor Ltd now owns 231 shares of the company’s stock valued at $77,000 after buying an additional 180 shares in the last quarter. Quest Partners LLC purchased a new stake in shares of Dillard’s during the 4th quarter worth $150,000. DekaBank Deutsche Girozentrale grew its stake in shares of Dillard’s by 124.2% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 518 shares of the company’s stock worth $169,000 after purchasing an additional 287 shares during the period. Smart Money Group LLC purchased a new position in shares of Dillard’s in the 4th quarter valued at about $219,000. Finally, Vanguard Personalized Indexing Management LLC acquired a new stake in shares of Dillard’s in the fourth quarter valued at about $223,000. Hedge funds and other institutional investors own 67.15% of the company’s stock.

Dillard’s Price Performance

Shares of NYSE DDS opened at $429.44 on Friday. The company has a current ratio of 2.67, a quick ratio of 1.35 and a debt-to-equity ratio of 0.31. The company’s 50-day moving average price is $434.37 and its 200 day moving average price is $411.97. Dillard’s, Inc. has a 52 week low of $286.39 and a 52 week high of $476.48. The stock has a market cap of $6.97 billion, a price-to-earnings ratio of 9.76 and a beta of 0.91.

Dillard’s (NYSE:DDSGet Free Report) last released its quarterly earnings results on Saturday, May 18th. The company reported $11.09 EPS for the quarter, beating the consensus estimate of $9.69 by $1.40. Dillard’s had a net margin of 10.68% and a return on equity of 39.41%. The business had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.55 billion. During the same period in the prior year, the business earned $11.85 earnings per share. The company’s quarterly revenue was down 2.2% on a year-over-year basis. As a group, research analysts forecast that Dillard’s, Inc. will post 34.47 earnings per share for the current fiscal year.

Dillard’s Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 5th. Stockholders of record on Friday, June 28th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.23%. Dillard’s’s dividend payout ratio (DPR) is 2.27%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on DDS shares. Telsey Advisory Group upped their target price on shares of Dillard’s from $450.00 to $475.00 and gave the stock a “market perform” rating in a research report on Friday, May 17th. UBS Group raised their price objective on Dillard’s from $180.00 to $190.00 and gave the company a “sell” rating in a research note on Tuesday, February 27th.

View Our Latest Analysis on Dillard’s

Dillard’s Company Profile

(Free Report)

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.

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

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