Empowered Funds LLC Increases Stake in Dillard's, Inc. (NYSE:DDS)

Empowered Funds LLC increased its holdings in shares of Dillard's, Inc. (NYSE:DDS - Free Report) by 18.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,548 shares of the company's stock after buying an additional 1,481 shares during the period. Empowered Funds LLC owned about 0.06% of Dillard's worth $4,122,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in DDS. Pacer Advisors Inc. purchased a new stake in shares of Dillard's in the 3rd quarter valued at approximately $125,388,000. Clientfirst Wealth Management LLC purchased a new stake in shares of Dillard's in the 4th quarter valued at approximately $48,873,000. Victory Capital Management Inc. increased its position in shares of Dillard's by 229.1% in the 3rd quarter. Victory Capital Management Inc. now owns 18,249 shares of the company's stock valued at $7,002,000 after purchasing an additional 12,704 shares during the last quarter. LMR Partners LLP purchased a new stake in shares of Dillard's in the 3rd quarter valued at approximately $4,796,000. Finally, State Street Corp increased its position in shares of Dillard's by 3.7% in the 3rd quarter. State Street Corp now owns 76,515 shares of the company's stock valued at $29,377,000 after purchasing an additional 2,758 shares during the last quarter. 67.15% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Telsey Advisory Group upped their target price 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 upgraded shares of Dillard's from a "hold" rating to a "buy" rating in a report on Tuesday, February 11th. Finally, UBS Group upped their target price on shares of Dillard's from $194.00 to $198.00 and gave the company a "sell" rating in a report on Friday, November 15th.

Dillard's Stock Performance

NYSE:DDS traded down $4.51 during trading hours on Friday, reaching $494.00. 100,771 shares of the company's stock were exchanged, compared to its average volume of 107,038. The firm has a market capitalization of $7.85 billion, a price-to-earnings ratio of 12.72 and a beta of 0.88. The company has a 50-day moving average of $458.04 and a 200 day moving average of $408.82. 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, Inc. has a 1-year low of $328.00 and a 1-year high of $503.14.

Dillard's Announces Dividend

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

Insider Buying and Selling

In related news, VP Tom W. Bolin sold 300 shares of the stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $433.45, for a total transaction of $130,035.00. Following the completion of the sale, the vice president now owns 1,167 shares in the company, valued at $505,836.15. This represents a 20.45 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 33.80% of the stock is owned by company insiders.

About Dillard's

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.