Quantinno Capital Management LP Makes New Investment in Dillard’s, Inc. (NYSE:DDS)

Quantinno Capital Management LP purchased a new position in Dillard’s, Inc. (NYSE:DDS) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 661 shares of the company’s stock, valued at approximately $285,000.

Several other institutional investors have also recently made changes to their positions in DDS. SG Americas Securities LLC purchased a new position in shares of Dillard’s during the fourth quarter worth $462,000. Blue Trust Inc. raised its holdings in shares of Dillard’s by 20.7% during the fourth quarter. Blue Trust Inc. now owns 518 shares of the company’s stock worth $224,000 after purchasing an additional 89 shares during the last quarter. KBC Group NV raised its holdings in shares of Dillard’s by 85.3% during the fourth quarter. KBC Group NV now owns 215 shares of the company’s stock worth $93,000 after purchasing an additional 99 shares during the last quarter. Pacer Advisors Inc. raised its holdings in shares of Dillard’s by 7.7% during the fourth quarter. Pacer Advisors Inc. now owns 352,006 shares of the company’s stock worth $151,975,000 after purchasing an additional 25,212 shares during the last quarter. Finally, Clientfirst Wealth Management LLC purchased a new position in shares of Dillard’s during the fourth quarter worth $48,873,000. Hedge funds and other institutional investors own 67.15% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. UBS Group raised their target price on shares of Dillard’s from $150.00 to $170.00 and gave the stock a “sell” rating in a report on Friday, May 16th. Telsey Advisory Group reissued a “market perform” rating and set a $450.00 target price on shares of Dillard’s in a report on Friday, May 16th. Finally, Wall Street Zen upgraded shares of Dillard’s from a “hold” rating to a “buy” rating in a research report on Thursday, May 22nd.

Dillard’s Stock Down 3.5%

DDS stock opened at $408.14 on Tuesday. The firm has a market cap of $6.49 billion, a PE ratio of 10.51 and a beta of 0.96. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.38. The firm’s fifty day moving average is $353.16 and its 200 day moving average is $409.98. Dillard’s, Inc. has a one year low of $282.24 and a one year high of $510.00.

Dillard’s (NYSE:DDS) last released its quarterly earnings results on Thursday, May 15th. The company reported $10.39 EPS for the quarter, beating the consensus estimate of $9.10 by $1.29. The company had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. Dillard’s had a net margin of 9.55% and a return on equity of 32.13%. During the same quarter last year, the business earned $11.10 earnings per share. On average, research analysts forecast that Dillard’s, Inc. will post 33.25 EPS for the current year.

Dillard’s Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 4th. Investors of record on Monday, June 30th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.00 annualized dividend and a yield of 0.25%. Dillard’s’s dividend payout ratio is presently 2.76%.

Dillard’s Profile

Dillard’s, Inc engages in the retail of fashion apparel, cosmetics, and home furnishings, and other consumer goods. It operates through the Retail Operations and Construction segments. The Retail Operations segment comprises sells cosmetics, ladies’ apparel, ladies’ accessories and lingerie, juniors’ and children’s apparel, men’s apparel and accessories, shoes, and home and furniture products.