113,201 Shares in Dillard's, Inc. (NYSE:DDS) Purchased by Clientfirst Wealth Management LLC

Clientfirst Wealth Management LLC purchased a new position in shares of Dillard's, Inc. (NYSE:DDS - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 113,201 shares of the company's stock, valued at approximately $48,873,000. Dillard's makes up approximately 49.4% of Clientfirst Wealth Management LLC's holdings, making the stock its largest holding. Clientfirst Wealth Management LLC owned about 0.71% of Dillard's as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of DDS. Pacer Advisors Inc. increased its holdings in shares of Dillard's by 7.7% in the fourth quarter. Pacer Advisors Inc. now owns 352,006 shares of the company's stock valued at $151,975,000 after purchasing an additional 25,212 shares in the last quarter. KBC Group NV increased its holdings in shares of Dillard's by 85.3% in the fourth quarter. KBC Group NV now owns 215 shares of the company's stock valued at $93,000 after purchasing an additional 99 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of Dillard's by 20.7% in the fourth quarter. Blue Trust Inc. now owns 518 shares of the company's stock valued at $224,000 after purchasing an additional 89 shares in the last quarter. SG Americas Securities LLC bought a new position in Dillard's in the fourth quarter valued at approximately $462,000. Finally, Nisa Investment Advisors LLC boosted its stake in Dillard's by 7.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 13,662 shares of the company's stock valued at $6,243,000 after acquiring an additional 950 shares during the last quarter. Institutional investors own 67.15% of the company's stock.

Dillard's Stock Down 1.3 %

DDS traded down $6.47 during trading on Wednesday, hitting $494.42. The company had a trading volume of 122,359 shares, compared to its average volume of 114,588. The company has a market capitalization of $7.86 billion, a PE ratio of 12.73 and a beta of 0.88. Dillard's, Inc. has a one year low of $328.00 and a one year high of $501.41. The firm's 50-day moving average price is $454.93 and its 200 day moving average price is $406.68. The company has a quick ratio of 1.02, a current ratio of 2.38 and a debt-to-equity ratio of 0.27.

Dillard's Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, January 6th. Investors of record on Monday, December 16th were given a $25.00 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a yield of 5.68%. Dillard's's dividend payout ratio is currently 2.57%.

Insider Activity at Dillard's

In other Dillard's news, VP Tom W. Bolin sold 300 shares of Dillard's stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $433.45, for a total value of $130,035.00. Following the sale, the vice president now directly owns 1,167 shares in the company, valued at approximately $505,836.15. The trade was a 20.45 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 33.80% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of brokerages have issued reports on DDS. StockNews.com raised shares of Dillard's from a "hold" rating to a "buy" rating in a research note on Tuesday. Telsey Advisory Group raised their price objective on shares of Dillard's from $380.00 to $450.00 and gave the company a "market perform" rating in a research note on Friday, November 15th. Finally, UBS Group raised their price objective on shares of Dillard's from $194.00 to $198.00 and gave the company a "sell" rating in a research note on Friday, November 15th.

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.