Dillard’s, Inc. $DDS Shares Bought by American Century Companies Inc.

American Century Companies Inc. grew its stake in shares of Dillard’s, Inc. (NYSE:DDS) by 2.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,555 shares of the company’s stock after acquiring an additional 1,191 shares during the period. American Century Companies Inc. owned about 0.27% of Dillard’s worth $15,240,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in DDS. PNC Financial Services Group Inc. grew its holdings in Dillard’s by 62.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 99 shares of the company’s stock worth $35,000 after acquiring an additional 38 shares in the last quarter. Whipplewood Advisors LLC lifted its position in shares of Dillard’s by 2,980.0% in the 1st 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 1st 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. Gordian Capital Singapore Pte Ltd bought a new position in shares of Dillard’s in the 4th quarter worth about $70,000. Finally, Versant Capital Management Inc lifted its position in shares of Dillard’s by 7,566.7% in the 1st quarter. Versant Capital Management Inc now owns 230 shares of the company’s stock worth $82,000 after buying an additional 227 shares during the last quarter. 67.15% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. UBS Group raised their price target on shares of Dillard’s from $170.00 to $175.00 and gave the stock a “sell” rating in a research report on Friday, August 15th. JPMorgan Chase & Co. raised their price target on shares of Dillard’s from $368.00 to $458.00 and gave the stock an “underweight” rating in a research report on Monday, July 28th. Telsey Advisory Group raised their price target on shares of Dillard’s from $450.00 to $550.00 and gave the stock a “market perform” rating in a research report on Friday, August 15th. Finally, Wall Street Zen upgraded shares of Dillard’s from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. One analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Sell” and an average target price of $394.33.

Dillard’s Stock Performance

Shares of DDS stock opened at $532.5420 on Monday. Dillard’s, Inc. has a 12-month low of $282.24 and a 12-month high of $535.01. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.41 and a quick ratio of 1.13. The firm has a market capitalization of $8.33 billion, a price-to-earnings ratio of 14.69 and a beta of 1.06. The business has a 50 day simple moving average of $459.23 and a 200 day simple moving average of $409.81.

Dillard’s (NYSE:DDS) last posted its earnings results on Thursday, August 14th. The company reported $4.66 EPS for the quarter, beating the consensus estimate of $3.79 by $0.87. Dillard’s had a return on equity of 30.74% and a net margin of 8.87%.The firm had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.50 billion. During the same period last year, the firm earned $11.09 EPS. The firm’s revenue was up 1.6% compared to the same quarter last year. On average, equities research analysts anticipate that Dillard’s, Inc. will post 33.25 EPS for the current year.

Dillard’s Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 3rd. Investors of record on Tuesday, September 30th will be given a $0.30 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $1.20 annualized dividend and a yield of 0.2%. This is an increase from Dillard’s’s previous quarterly dividend of $0.25. Dillard’s’s payout ratio is 2.76%.

About Dillard’s

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.