2,400 Shares in Dillard’s, Inc. (NYSE:DDS) Bought by LSV Asset Management

LSV Asset Management bought a new stake in shares of Dillard’s, Inc. (NYSE:DDS) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,400 shares of the company’s stock, valued at approximately $969,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Smart Money Group LLC purchased a new stake in Dillard’s during the fourth quarter valued at about $219,000. Los Angeles Capital Management LLC purchased a new stake in shares of Dillard’s in the 4th quarter valued at approximately $516,000. Andina Capital Management LLC acquired a new position in Dillard’s in the 4th quarter worth approximately $277,000. Victory Capital Management Inc. grew its position in Dillard’s by 7.5% during the 4th quarter. Victory Capital Management Inc. now owns 6,942 shares of the company’s stock worth $2,802,000 after purchasing an additional 487 shares in the last quarter. Finally, Consolidated Planning Corp raised its stake in Dillard’s by 63.2% during the 4th quarter. Consolidated Planning Corp now owns 1,017 shares of the company’s stock valued at $410,000 after purchasing an additional 394 shares during the period. Institutional investors and hedge funds own 67.15% of the company’s stock.

Insider Buying and Selling

In other news, Director J C. Watts, Jr. sold 500 shares of the stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $411.21, for a total value of $205,605.00. Following the transaction, the director now owns 11,400 shares of the company’s stock, valued at approximately $4,687,794. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 33.80% of the stock is currently owned by corporate insiders.

Dillard’s Stock Down 0.0 %

Shares of DDS stock opened at $423.40 on Friday. The stock has a 50 day moving average of $430.47 and a 200-day moving average of $393.17. The firm has a market cap of $6.87 billion, a PE ratio of 9.46 and a beta of 1.00. The company has a quick ratio of 1.35, a current ratio of 2.67 and a debt-to-equity ratio of 0.31. Dillard’s, Inc. has a 12 month low of $272.58 and a 12 month high of $476.48.

Dillard’s (NYSE:DDS) last posted its quarterly earnings results on Monday, February 26th. The company reported $13.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $11.59 by $2.10. Dillard’s had a net margin of 10.94% and a return on equity of 40.90%. The company had revenue of $2.12 billion for the quarter, compared to analyst estimates of $2.08 billion. On average, equities analysts predict that Dillard’s, Inc. will post 32.59 EPS for the current year.

Dillard’s Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, May 6th. Stockholders of record on Thursday, March 28th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.00 annualized dividend and a dividend yield of 0.24%. Dillard’s’s dividend payout ratio (DPR) is currently 2.23%.

Analysts Set New Price Targets

DDS has been the subject of a number of research analyst reports. UBS Group increased their price target on shares of Dillard’s from $180.00 to $190.00 and gave the stock a “sell” rating in a research report on Tuesday, February 27th. StockNews.com raised shares of Dillard’s from a “hold” rating to a “buy” rating in a research note on Saturday, January 13th. Finally, Telsey Advisory Group increased their price objective on Dillard’s from $330.00 to $450.00 and gave the stock a “market perform” rating in a report on Tuesday, February 27th.

About Dillard’s

Dillard's, Inc operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. The company's stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods.