Dillard's, Inc. (NYSE:DDS) Position Boosted by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lifted its stake in shares of Dillard's, Inc. (NYSE:DDS - Free Report) by 7.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,662 shares of the company's stock after purchasing an additional 950 shares during the period. Nisa Investment Advisors LLC owned about 0.09% of Dillard's worth $6,243,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of DDS. Allspring Global Investments Holdings LLC lifted its holdings in Dillard's by 11.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 455 shares of the company's stock worth $175,000 after buying an additional 45 shares during the last quarter. US Bancorp DE lifted its stake in Dillard's by 61.3% during the third quarter. US Bancorp DE now owns 129 shares of the company's stock worth $49,000 after purchasing an additional 49 shares during the last quarter. AQR Capital Management LLC boosted its holdings in Dillard's by 1.9% in the second quarter. AQR Capital Management LLC now owns 2,745 shares of the company's stock worth $1,209,000 after purchasing an additional 50 shares during the period. Capital Performance Advisors LLP bought a new stake in Dillard's during the third quarter valued at $29,000. Finally, Blue Trust Inc. increased its stake in Dillard's by 25.8% during the third quarter. Blue Trust Inc. now owns 429 shares of the company's stock valued at $165,000 after purchasing an additional 88 shares during the last quarter. 67.15% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Dillard's

In other news, VP Tom W. Bolin sold 300 shares of the stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total value of $130,035.00. Following the completion of the transaction, the vice president now owns 1,167 shares of the company's stock, valued at approximately $505,836.15. This represents a 20.45 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 33.80% of the stock is owned by company insiders.

Dillard's Stock Performance

Shares of DDS traded down $8.90 during midday trading on Friday, hitting $466.55. 76,530 shares of the stock traded hands, compared to its average volume of 99,252. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.38. Dillard's, Inc. has a 1-year low of $328.00 and a 1-year high of $484.08. The business's 50 day moving average price is $447.17 and its two-hundred day moving average price is $402.55. The firm has a market capitalization of $7.42 billion, a PE ratio of 12.01 and a beta of 0.89.

Dillard's Announces Dividend

The company also recently announced a dividend, which was paid on Monday, January 6th. Shareholders of record on Monday, December 16th were given a $25.00 dividend. This represents a yield of 5.68%. The ex-dividend date was Friday, December 13th. Dillard's's dividend payout ratio (DPR) is 2.57%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on DDS. Telsey Advisory Group lifted their price target on shares of Dillard's from $380.00 to $450.00 and gave the company a "market perform" rating in a report on Friday, November 15th. StockNews.com cut shares of Dillard's from a "buy" rating to a "hold" rating in a report on Monday, January 13th. Finally, UBS Group upped their target price on Dillard's from $194.00 to $198.00 and gave the company a "sell" rating in a report 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.