Sequoia Financial Advisors LLC Has $375,000 Stock Holdings in Dillard’s, Inc. (NYSE:DDS)

Sequoia Financial Advisors LLC lifted its holdings in Dillard’s, Inc. (NYSE:DDS) by 3.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,047 shares of the company’s stock after buying an additional 35 shares during the period. Sequoia Financial Advisors LLC’s holdings in Dillard’s were worth $375,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of DDS. PNC Financial Services Group Inc. increased its stake in shares of Dillard’s by 177.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 61 shares of the company’s stock worth $26,000 after purchasing an additional 39 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new stake in shares of Dillard’s in the fourth quarter worth about $36,000. Whipplewood Advisors LLC lifted its position in shares of Dillard’s by 2,980.0% in the first quarter. Whipplewood Advisors LLC now owns 154 shares of the company’s stock worth $55,000 after buying an additional 149 shares during the last quarter. Farther Finance Advisors LLC lifted its position in shares of Dillard’s by 986.7% in the first quarter. Farther Finance Advisors LLC now owns 163 shares of the company’s stock worth $59,000 after buying an additional 148 shares during the last quarter. Finally, Gordian Capital Singapore Pte Ltd acquired a new stake in shares of Dillard’s in the fourth quarter worth about $70,000. Institutional investors and hedge funds own 67.15% of the company’s stock.

Dillard’s Trading Up 1.2%

Shares of DDS opened at $455.81 on Friday. Dillard’s, Inc. has a 12-month low of $282.24 and a 12-month high of $510.00. The company has a quick ratio of 1.13, a current ratio of 2.41 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $7.13 billion, a price-to-earnings ratio of 12.59 and a beta of 0.99. The stock’s 50-day moving average price is $393.53 and its 200 day moving average price is $405.17.

Dillard’s (NYSE:DDS) last issued its quarterly earnings results on Thursday, May 15th. The company reported $10.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.10 by $1.29. Dillard’s had a return on equity of 30.52% and a net margin of 8.93%. The firm had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same period in the previous year, the company posted $11.10 earnings per share. As a group, research analysts predict that Dillard’s, Inc. will post 33.25 earnings per share for the current year.

Dillard’s Dividend Announcement

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 paid a dividend of $0.25 per share. The ex-dividend date is Monday, June 30th. This represents a $1.00 annualized dividend and a yield of 0.22%. Dillard’s’s dividend payout ratio is 2.76%.

Analysts Set New Price Targets

A number of brokerages have weighed in on DDS. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $450.00 price target on shares of Dillard’s in a research report on Friday, May 16th. UBS Group boosted their price target on Dillard’s from $150.00 to $170.00 and gave the stock a “sell” rating in a research report on Friday, May 16th. Finally, Wall Street Zen cut Dillard’s from a “buy” rating to a “hold” rating in a research report on Friday, June 27th.

Dillard’s Company 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.