State Street Corp Buys 2,758 Shares of Dillard’s, Inc. (NYSE:DDS)

State Street Corp raised its stake in shares of Dillard’s, Inc. (NYSE:DDS) by 3.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 76,515 shares of the company’s stock after purchasing an additional 2,758 shares during the quarter. State Street Corp owned 0.47% of Dillard’s worth $29,377,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Pacer Advisors Inc. bought a new position in Dillard’s during the third quarter valued at about $125,388,000. Renaissance Technologies LLC raised its stake in shares of Dillard’s by 36.0% in the second quarter. Renaissance Technologies LLC now owns 124,200 shares of the company’s stock valued at $54,696,000 after purchasing an additional 32,900 shares in the last quarter. Hexagon Capital Partners LLC boosted its stake in Dillard’s by 16.7% during the third quarter. Hexagon Capital Partners LLC now owns 49,006 shares of the company’s stock worth $18,803,000 after buying an additional 7,006 shares in the last quarter. American Century Companies Inc. increased its holdings in Dillard’s by 2.0% in the 2nd quarter. American Century Companies Inc. now owns 42,803 shares of the company’s stock valued at $18,850,000 after buying an additional 830 shares during the period. Finally, Millennium Management LLC raised its stake in shares of Dillard’s by 38.4% in the 2nd quarter. Millennium Management LLC now owns 29,030 shares of the company’s stock valued at $12,785,000 after buying an additional 8,051 shares in the last quarter. Institutional investors and hedge funds own 67.15% of the company’s stock.

Analyst Upgrades and Downgrades

DDS has been the topic of a number of analyst reports. Telsey Advisory Group upped their target price on shares of Dillard’s from $380.00 to $450.00 and gave the company a “market perform” rating in a research note on Friday, November 15th. StockNews.com raised shares of Dillard’s from a “hold” rating to a “buy” rating in a report on Friday, November 15th. Finally, UBS Group increased their target price on Dillard’s from $194.00 to $198.00 and gave the stock a “sell” rating in a report on Friday, November 15th.

Dillard’s Stock Performance

DDS stock opened at $434.34 on Friday. Dillard’s, Inc. has a twelve month low of $328.00 and a twelve month high of $476.48. The company has a quick ratio of 1.02, a current ratio of 2.38 and a debt-to-equity ratio of 0.27. The company has a market cap of $6.91 billion, a P/E ratio of 11.18 and a beta of 0.89. The business’s fifty day moving average is $414.48 and its 200-day moving average is $398.00.

Dillard’s Announces Dividend

The business also recently announced a dividend, which will be paid on Monday, January 6th. Shareholders of record on Monday, December 16th will be issued a dividend of $25.00 per share. This represents a yield of 5.68%. The ex-dividend date of this dividend is Friday, December 13th. Dillard’s’s dividend payout ratio (DPR) is currently 2.57%.

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.