Dillard's, Inc. (NYSE:DDS) Shares Acquired by First Trust Advisors LP

First Trust Advisors LP boosted its holdings in Dillard's, Inc. (NYSE:DDS - Free Report) by 47.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 81,779 shares of the company's stock after acquiring an additional 26,132 shares during the quarter. First Trust Advisors LP owned about 0.51% of Dillard's worth $35,307,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Consolidated Planning Corp lifted its stake in shares of Dillard's by 154.5% in the fourth quarter. Consolidated Planning Corp now owns 1,514 shares of the company's stock valued at $654,000 after purchasing an additional 919 shares during the period. Pacer Advisors Inc. boosted its stake in shares of Dillard's by 7.7% during the 4th quarter. Pacer Advisors Inc. now owns 352,006 shares of the company's stock worth $151,975,000 after acquiring an additional 25,212 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in Dillard's in the 4th quarter valued at approximately $7,270,000. Barclays PLC raised its holdings in Dillard's by 9.0% during the third quarter. Barclays PLC now owns 2,424 shares of the company's stock worth $930,000 after purchasing an additional 200 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Dillard's by 107.2% in the fourth quarter. Bank of New York Mellon Corp now owns 77,050 shares of the company's stock valued at $33,266,000 after purchasing an additional 39,858 shares during the last quarter. Institutional investors and hedge funds own 67.15% of the company's stock.

Dillard's Trading Up 1.3 %

NYSE:DDS traded up $4.52 on Monday, reaching $340.18. The stock had a trading volume of 92,014 shares, compared to its average volume of 140,039. Dillard's, Inc. has a 12-month low of $282.24 and a 12-month high of $510.00. The company has a market cap of $5.41 billion, a price-to-earnings ratio of 8.76 and a beta of 0.66. The firm's fifty day moving average is $361.51 and its two-hundred day moving average is $410.25. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02.

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

Dillard's Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Monday, March 31st will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.29%. The ex-dividend date of this dividend is Monday, March 31st. Dillard's's dividend payout ratio is currently 2.71%.

Analyst Ratings Changes

Several research firms have weighed in on DDS. StockNews.com upgraded shares of Dillard's from a "hold" rating to a "buy" rating in a report on Friday, April 18th. UBS Group upped their target price on Dillard's from $200.00 to $202.00 and gave the company a "sell" rating in a research note on Friday, February 28th. Finally, Telsey Advisory Group reissued a "market perform" rating and set a $450.00 price target on shares of Dillard's in a research report on Wednesday, February 26th.

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.