Asset Management One Co. Ltd. acquired a new stake in Dillard's, Inc. (NYSE:DDS - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,825 shares of the company's stock, valued at approximately $831,000.
A number of other hedge funds have also added to or reduced their stakes in the company. Creative Planning boosted its position in Dillard's by 49.7% in the third quarter. Creative Planning now owns 1,500 shares of the company's stock valued at $576,000 after buying an additional 498 shares in the last quarter. Blue Trust Inc. boosted its position in Dillard's by 25.8% in the third quarter. Blue Trust Inc. now owns 429 shares of the company's stock valued at $165,000 after buying an additional 88 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in Dillard's by 11.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 455 shares of the company's stock valued at $175,000 after buying an additional 45 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new stake in Dillard's in the third quarter valued at approximately $386,000. Finally, Signaturefd LLC boosted its position in Dillard's by 1,500.0% in the third quarter. Signaturefd LLC now owns 224 shares of the company's stock valued at $86,000 after buying an additional 210 shares in the last quarter. 67.15% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of brokerages have weighed in on DDS. UBS Group raised their target price on shares of Dillard's from $196.00 to $200.00 and gave the company a "sell" rating in a research report on Wednesday. Telsey Advisory Group raised their target price on shares of Dillard's from $380.00 to $450.00 and gave the company a "market perform" rating in a research report on Friday, November 15th. Finally, StockNews.com raised shares of Dillard's from a "hold" rating to a "buy" rating in a research note on Tuesday, February 11th.
Read Our Latest Stock Report on DDS
Dillard's Trading Down 4.0 %
Shares of Dillard's stock traded down $20.26 during trading on Friday, hitting $483.21. The company's stock had a trading volume of 131,604 shares, compared to its average volume of 114,144. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02. Dillard's, Inc. has a 52 week low of $328.00 and a 52 week high of $510.00. The stock has a market cap of $7.68 billion, a price-to-earnings ratio of 12.44 and a beta of 0.88. The stock has a 50-day moving average price of $462.00 and a two-hundred day moving average price of $411.91.
Dillard's Announces Dividend
The company also recently declared a dividend, which was paid on Monday, January 6th. Shareholders of record on Monday, December 16th were given a dividend of $25.00 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a yield of 5.68%. Dillard's's dividend payout ratio (DPR) is currently 2.57%.
Insider Buying and Selling at Dillard's
In other news, VP Tom W. Bolin sold 300 shares of the stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of $433.45, for a total transaction of $130,035.00. Following the transaction, the vice president now owns 1,167 shares of the company's stock, valued at $505,836.15. This represents a 20.45 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 33.80% of the company's stock.
About Dillard's
(
Free Report)
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.
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