Signaturefd LLC Acquires 112 Shares of Dillard’s, Inc. $DDS

Signaturefd LLC increased its holdings in shares of Dillard’s, Inc. (NYSE:DDS) by 39.4% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 396 shares of the company’s stock after purchasing an additional 112 shares during the quarter. Signaturefd LLC’s holdings in Dillard’s were worth $165,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of DDS. New Vernon Capital Holdings II LLC increased its stake in Dillard’s by 26,618.5% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 186,228 shares of the company’s stock worth $66,694,000 after purchasing an additional 185,531 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Dillard’s by 75.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 66,142 shares of the company’s stock worth $23,687,000 after purchasing an additional 28,468 shares in the last quarter. Northern Trust Corp increased its stake in Dillard’s by 84.1% during the 1st quarter. Northern Trust Corp now owns 46,416 shares of the company’s stock worth $16,623,000 after purchasing an additional 21,199 shares in the last quarter. Nuveen LLC bought a new position in shares of Dillard’s during the 1st quarter worth approximately $6,250,000. Finally, Quantbot Technologies LP grew its stake in shares of Dillard’s by 1,231.0% during the 1st quarter. Quantbot Technologies LP now owns 18,754 shares of the company’s stock worth $6,716,000 after acquiring an additional 17,345 shares in the last quarter. 67.15% of the stock is owned by institutional investors.

Dillard’s Trading Down 1.2%

DDS stock opened at $616.08 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.68 and a quick ratio of 1.41. The company has a fifty day moving average price of $545.37 and a two-hundred day moving average price of $442.04. Dillard’s, Inc. has a one year low of $282.24 and a one year high of $637.73. The stock has a market cap of $9.64 billion, a price-to-earnings ratio of 16.99 and a beta of 1.09.

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

Dillard’s Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Tuesday, September 30th will be issued a dividend of $0.30 per share. This is an increase from Dillard’s’s previous quarterly dividend of $0.25. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Tuesday, September 30th. Dillard’s’s payout ratio is 3.31%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on DDS shares. Zacks Research cut shares of Dillard’s from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. 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 note on Monday, July 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Dillard’s in a research note on Saturday, September 27th. 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 note on Friday, August 15th. Finally, 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 note on Friday, August 15th. Three equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $394.33.

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.