Unison Advisors LLC Grows Stock Holdings in Dillard’s, Inc. $DDS

Unison Advisors LLC raised its holdings in Dillard’s, Inc. (NYSE:DDS) by 2.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,994 shares of the company’s stock after purchasing an additional 182 shares during the quarter. Unison Advisors LLC owned 0.05% of Dillard’s worth $3,342,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of DDS. New Vernon Capital Holdings II LLC boosted its stake in shares of 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 acquiring an additional 185,531 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of 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 buying an additional 28,468 shares during the last quarter. Northern Trust Corp boosted its position 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 during the period. Nuveen LLC purchased a new stake in Dillard’s during the 1st quarter worth $6,250,000. Finally, Quantbot Technologies LP boosted its position in Dillard’s by 1,231.0% in the 1st quarter. Quantbot Technologies LP now owns 18,754 shares of the company’s stock valued at $6,716,000 after buying an additional 17,345 shares during the last quarter. Hedge funds and other institutional investors own 67.15% of the company’s stock.

Insider Activity

In other news, Director J C. Watts, Jr. sold 750 shares of the business’s stock in a transaction dated Thursday, October 16th. The shares were sold at an average price of $594.60, for a total transaction of $445,950.00. Following the transaction, the director owned 10,250 shares in the company, valued at approximately $6,094,650. The trade was a 6.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 34.80% of the company’s stock.

Dillard’s Trading Down 0.5%

Shares of NYSE:DDS opened at $592.87 on Monday. The firm has a market capitalization of $9.27 billion, a P/E ratio of 16.35 and a beta of 1.09. The firm has a fifty day moving average of $571.04 and a two-hundred day moving average of $460.16. The company has a quick ratio of 1.41, a current ratio of 2.68 and a debt-to-equity ratio of 0.22. Dillard’s, Inc. has a 12-month low of $282.24 and a 12-month high of $637.73.

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

Dillard’s Increases Dividend

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

Wall Street Analysts Forecast Growth

DDS has been the subject of a number of analyst reports. Zacks Research cut shares of Dillard’s from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. Weiss Ratings restated a “hold (c)” rating on shares of Dillard’s in a research note on Wednesday, October 8th. Wall Street Zen lowered shares of Dillard’s from a “buy” rating to a “hold” rating in a research note on Saturday, August 30th. UBS Group raised their price target on shares of Dillard’s from $170.00 to $175.00 and gave the company a “sell” rating in a research note on Friday, August 15th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Dillard’s from $368.00 to $458.00 and gave the company an “underweight” rating in a research note on Monday, July 28th. Three equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $394.33.

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.