Entropy Technologies LP Purchases New Position in Dillard's, Inc. (NYSE:DDS)

Entropy Technologies LP purchased a new stake in Dillard's, Inc. (NYSE:DDS - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,231 shares of the company's stock, valued at approximately $963,000.

A number of other large investors also recently modified their holdings of DDS. Creative Planning lifted its stake in shares of Dillard's by 14.6% in the 2nd quarter. Creative Planning now owns 1,002 shares of the company's stock valued at $441,000 after acquiring an additional 128 shares during the last quarter. CWM LLC increased its holdings in Dillard's by 147.9% in the third quarter. CWM LLC now owns 957 shares of the company's stock valued at $367,000 after purchasing an additional 571 shares during the period. Inspire Investing LLC increased its holdings in Dillard's by 33.2% in the third quarter. Inspire Investing LLC now owns 1,063 shares of the company's stock valued at $408,000 after purchasing an additional 265 shares during the period. Kapitalo Investimentos Ltda increased its holdings in Dillard's by 47.4% in the third quarter. Kapitalo Investimentos Ltda now owns 1,163 shares of the company's stock valued at $446,000 after purchasing an additional 374 shares during the period. Finally, nVerses Capital LLC acquired a new stake in Dillard's in the third quarter valued at $307,000. 67.15% of the stock is currently owned by institutional investors.

Dillard's Trading Down 0.9 %

Dillard's stock 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 113,202. The company has a quick ratio of 1.02, a current ratio of 2.38 and a debt-to-equity ratio of 0.27. The firm's 50 day simple moving average is $457.05 and its 200 day simple moving average is $407.92. Dillard's, Inc. has a twelve month low of $328.00 and a twelve month high of $503.14. The firm has a market capitalization of $7.85 billion, a PE ratio of 12.72 and a beta of 0.88.

Dillard's Announces Dividend

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

Insiders Place Their Bets

In other Dillard's news, VP Tom W. Bolin sold 300 shares of the stock in a transaction dated Tuesday, January 14th. The stock was 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 directly owns 1,167 shares in the company, valued at approximately $505,836.15. This trade represents a 20.45 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 33.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on DDS shares. UBS Group increased their price objective on Dillard's from $194.00 to $198.00 and gave the company a "sell" rating in a report on Friday, November 15th. StockNews.com upgraded Dillard's from a "hold" rating to a "buy" rating in a report on Tuesday. Finally, Telsey Advisory Group increased their price objective on Dillard's from $380.00 to $450.00 and gave the company a "market perform" rating in a report on Friday, November 15th.

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.