Dillard’s, Inc. $DDS Shares Bought by Inspire Investing LLC

Inspire Investing LLC raised its stake in Dillard’s, Inc. (NYSE:DDS) by 3.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 959 shares of the company’s stock after acquiring an additional 32 shares during the period. Inspire Investing LLC’s holdings in Dillard’s were worth $343,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. US Bancorp DE increased its position in shares of Dillard’s by 12.3% during the first quarter. US Bancorp DE now owns 293 shares of the company’s stock worth $105,000 after purchasing an additional 32 shares in the last quarter. Sequoia Financial Advisors LLC increased its position in shares of Dillard’s by 3.5% during the first quarter. Sequoia Financial Advisors LLC now owns 1,047 shares of the company’s stock worth $375,000 after purchasing an additional 35 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of Dillard’s by 62.3% during the first quarter. PNC Financial Services Group Inc. now owns 99 shares of the company’s stock worth $35,000 after purchasing an additional 38 shares in the last quarter. Signaturefd LLC increased its position in shares of Dillard’s by 26.2% during the first quarter. Signaturefd LLC now owns 284 shares of the company’s stock worth $102,000 after purchasing an additional 59 shares in the last quarter. Finally, Steel Grove Capital Advisors LLC increased its position in shares of Dillard’s by 1.5% during the first quarter. Steel Grove Capital Advisors LLC now owns 4,378 shares of the company’s stock worth $1,568,000 after purchasing an additional 64 shares in the last quarter. Hedge funds and other institutional investors own 67.15% of the company’s stock.

Wall Street Analyst Weigh In

DDS has been the topic of a number of research analyst reports. Wall Street Zen cut Dillard’s from a “buy” rating to a “hold” rating in a research report on Saturday, August 30th. UBS Group raised their target price 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 target price 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. Finally, Telsey Advisory Group raised their target price 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. One investment analyst has rated the stock with a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Dillard’s currently has an average rating of “Sell” and an average target price of $394.33.

Dillard’s Price Performance

Dillard’s stock opened at $595.98 on Wednesday. The company has a market cap of $9.32 billion, a P/E ratio of 16.44 and a beta of 0.99. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.41 and a current ratio of 2.68. Dillard’s, Inc. has a one year low of $282.24 and a one year high of $596.49. The business has a fifty day moving average of $506.01 and a two-hundred day moving average of $420.39.

Dillard’s (NYSE:DDS) last released its quarterly earnings results on Thursday, August 14th. The company reported $4.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.79 by $0.87. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. Dillard’s had a return on equity of 30.55% and a net margin of 8.87%.The business’s revenue was up 1.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $11.09 EPS. As a group, analysts predict that Dillard’s, Inc. will post 33.25 earnings per share for the current fiscal year.

Dillard’s Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Tuesday, September 30th will be paid a dividend of $0.30 per share. This is a boost from Dillard’s’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $1.20 annualized dividend and a dividend yield of 0.2%. Dillard’s’s dividend payout ratio is presently 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.