Quantbot Technologies LP Sells 4,250 Shares of Dillard's, Inc. (NYSE:DDS)

Quantbot Technologies LP trimmed its stake in Dillard's, Inc. (NYSE:DDS - Free Report) by 75.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,409 shares of the company's stock after selling 4,250 shares during the period. Quantbot Technologies LP's holdings in Dillard's were worth $608,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of DDS. Semanteon Capital Management LP bought a new stake in Dillard's during the 4th quarter worth approximately $644,000. Blueshift Asset Management LLC bought a new stake in shares of Dillard's during the 4th quarter valued at $529,000. Corient Private Wealth LLC purchased a new position in shares of Dillard's during the 4th quarter valued at $288,000. Balboa Wealth Partners bought a new position in Dillard's in the 4th quarter worth $4,029,000. Finally, PNC Financial Services Group Inc. increased its stake in Dillard's by 177.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 61 shares of the company's stock worth $26,000 after buying an additional 39 shares in the last quarter. 67.15% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on DDS. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $450.00 price objective on shares of Dillard's in a research note on Wednesday, February 26th. StockNews.com raised Dillard's from a "hold" rating to a "buy" rating in a report on Wednesday, March 19th. Finally, UBS Group increased their price objective 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.

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Dillard's Price Performance

Shares of DDS traded up $3.24 during midday trading on Tuesday, hitting $361.37. 160,984 shares of the company traded hands, compared to its average volume of 134,802. The stock has a market cap of $5.75 billion, a price-to-earnings ratio of 9.30 and a beta of 0.89. The firm has a 50 day moving average of $425.44 and a 200-day moving average of $417.71. 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 52 week low of $328.00 and a 52 week high of $510.00.

Dillard's (NYSE:DDS - Get Free Report) last announced its quarterly earnings results on Tuesday, February 25th. The company reported $13.48 EPS for the quarter, beating analysts' consensus estimates of $9.84 by $3.64. Dillard's had a return on equity of 32.13% and a net margin of 9.55%. The company had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same period in the prior year, the company earned $15.44 earnings per share. The firm's revenue was down 5.0% on a year-over-year basis. On average, analysts forecast that Dillard's, Inc. will post 33.25 EPS for the current fiscal year.

Dillard's Cuts Dividend

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

Insider Activity at Dillard's

In other Dillard's news, VP Tom W. Bolin sold 300 shares of the business's stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total transaction of $130,035.00. Following the sale, the vice president now directly owns 1,167 shares of the company's stock, valued at $505,836.15. The trade was a 20.45 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 33.80% of the stock is owned by 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.