Proficio Capital Partners LLC Takes $7.27 Million Position in Dillard's, Inc. (NYSE:DDS)

Proficio Capital Partners LLC bought a new stake in shares of Dillard's, Inc. (NYSE:DDS - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 16,838 shares of the company's stock, valued at approximately $7,270,000. Proficio Capital Partners LLC owned approximately 0.11% of Dillard's at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. US Bancorp DE raised its position in Dillard's by 61.3% during the third quarter. US Bancorp DE now owns 129 shares of the company's stock valued at $49,000 after purchasing an additional 49 shares during the period. Blue Trust Inc. increased its position in Dillard's by 20.7% during the fourth quarter. Blue Trust Inc. now owns 518 shares of the company's stock valued at $224,000 after acquiring an additional 89 shares during the last quarter. KBC Group NV increased its position in Dillard's by 85.3% during the fourth quarter. KBC Group NV now owns 215 shares of the company's stock valued at $93,000 after acquiring an additional 99 shares during the last quarter. Tidal Investments LLC raised its stake in shares of Dillard's by 3.3% in the third quarter. Tidal Investments LLC now owns 4,854 shares of the company's stock valued at $1,862,000 after acquiring an additional 157 shares during the period. Finally, Metis Global Partners LLC lifted its holdings in shares of Dillard's by 25.0% in the 4th quarter. Metis Global Partners LLC now owns 911 shares of the company's stock worth $393,000 after acquiring an additional 182 shares during the last quarter. Institutional investors own 67.15% of the company's stock.

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Analyst Ratings Changes

DDS has been the topic of several analyst reports. UBS Group upped their price target on shares of Dillard's from $200.00 to $202.00 and gave the company a "sell" rating in a report on Friday, February 28th. Telsey Advisory Group reaffirmed a "market perform" rating and set a $450.00 target price on shares of Dillard's in a research note on Wednesday, February 26th. Finally, StockNews.com raised Dillard's from a "hold" rating to a "buy" rating in a research note on Wednesday.

Dillard's Trading Down 2.9 %

Shares of DDS traded down $10.59 during trading hours on Thursday, reaching $360.64. 90,465 shares of the company traded hands, compared to its average volume of 127,418. The firm has a market cap of $5.74 billion, a price-to-earnings ratio of 9.27 and a beta of 0.89. Dillard's, Inc. has a 12-month low of $328.00 and a 12-month high of $510.00. The stock's fifty day moving average price is $441.76 and its 200 day moving average price is $415.92. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27.

Dillard's (NYSE:DDS - Get Free Report) last released its quarterly earnings data on Tuesday, February 25th. The company reported $13.48 EPS for the quarter, topping the consensus estimate of $9.84 by $3.64. The company had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.49 billion. Dillard's had a return on equity of 32.13% and a net margin of 9.55%. Dillard's's quarterly revenue was down 5.0% on a year-over-year basis. During the same period last year, the business posted $15.44 EPS. Sell-side analysts forecast that Dillard's, Inc. will post 33.25 earnings per share for the current year.

Dillard's Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 5th. Investors of record on Monday, March 31st will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.28%. The ex-dividend date is Monday, March 31st. Dillard's's dividend payout ratio (DPR) is 2.71%.

Insider Buying and Selling

In related news, VP Tom W. Bolin sold 300 shares of the company's stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total transaction of $130,035.00. Following the transaction, the vice president now directly owns 1,167 shares of the company's stock, valued at $505,836.15. This represents a 20.45 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 33.80% of the stock is currently owned by company insiders.

Dillard's Company 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.