Jane Street Group LLC lessened its position in Dillard's, Inc. (NYSE:DDS - Free Report) by 49.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 13,996 shares of the company's stock after selling 13,604 shares during the quarter. Jane Street Group LLC owned approximately 0.09% of Dillard's worth $5,370,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Atlantic Edge Private Wealth Management LLC purchased a new stake in shares of Dillard's in the 2nd quarter valued at $26,000. Capital Performance Advisors LLP acquired a new position in Dillard's during the 3rd quarter worth $29,000. US Bancorp DE grew its stake in Dillard's by 61.3% during the 3rd quarter. US Bancorp DE now owns 129 shares of the company's stock worth $49,000 after purchasing an additional 49 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in Dillard's during the 3rd quarter worth $70,000. Finally, Point72 Hong Kong Ltd grew its stake in Dillard's by 430.3% during the 2nd quarter. Point72 Hong Kong Ltd now owns 175 shares of the company's stock worth $77,000 after purchasing an additional 142 shares in the last quarter. Hedge funds and other institutional investors own 67.15% of the company's stock.
Dillard's Stock Performance
Shares of Dillard's stock traded up $10.49 on Tuesday, hitting $436.85. The stock had a trading volume of 155,682 shares, compared to its average volume of 120,121. The company's 50 day moving average price is $408.79 and its 200 day moving average price is $397.80. The stock has a market cap of $6.95 billion, a price-to-earnings ratio of 10.97 and a beta of 0.89. 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, Inc. has a 52-week low of $328.00 and a 52-week high of $476.48.
Dillard's Dividend Announcement
The company also recently declared a dividend, which will be paid on Monday, January 6th. Investors of record on Monday, December 16th will be paid a dividend of $25.00 per share. The ex-dividend date is Friday, December 13th. This represents a yield of 5.68%. Dillard's's dividend payout ratio is presently 2.57%.
Analysts Set New Price Targets
DDS has been the subject of several analyst reports. Telsey Advisory Group upped their price objective on Dillard's from $380.00 to $450.00 and gave the stock a "market perform" rating in a research report on Friday, November 15th. StockNews.com raised Dillard's from a "hold" rating to a "buy" rating in a research report on Friday, November 15th. Finally, UBS Group upped their price objective on Dillard's from $194.00 to $198.00 and gave the stock a "sell" rating in a research report on Friday, November 15th.
Read Our Latest Report on DDS
About Dillard's
(
Free Report)
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.
See Also
Before you consider Dillard's, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dillard's wasn't on the list.
While Dillard's currently has a "Reduce" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
