Inceptionr LLC Makes New $374,000 Investment in Dillard's, Inc. (NYSE:DDS)

Inceptionr LLC bought a new stake in shares of Dillard's, Inc. (NYSE:DDS - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 867 shares of the company's stock, valued at approximately $374,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in DDS. Wealth Enhancement Advisory Services LLC increased its stake in Dillard's by 70.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,176 shares of the company's stock valued at $451,000 after purchasing an additional 488 shares in the last quarter. US Bancorp DE lifted its position in Dillard's by 61.3% in the 3rd quarter. US Bancorp DE now owns 129 shares of the company's stock valued at $49,000 after acquiring an additional 49 shares in the last quarter. Capital Performance Advisors LLP purchased a new stake in Dillard's during the 3rd quarter valued at $29,000. Victory Capital Management Inc. raised its stake in shares of Dillard's by 229.1% in the third quarter. Victory Capital Management Inc. now owns 18,249 shares of the company's stock worth $7,002,000 after purchasing an additional 12,704 shares during the last quarter. Finally, Empowered Funds LLC boosted its position in shares of Dillard's by 23.2% during the third quarter. Empowered Funds LLC now owns 8,067 shares of the company's stock valued at $3,095,000 after buying an additional 1,521 shares during the last quarter. Hedge funds and other institutional investors own 67.15% of the company's stock.

Dillard's Stock Performance

Shares of NYSE DDS traded down $2.95 during trading on Wednesday, hitting $363.05. The company had a trading volume of 107,329 shares, compared to its average volume of 126,696. The stock has a 50 day simple moving average of $451.93 and a 200 day simple moving average of $415.58. The firm has a market capitalization of $5.77 billion, a P/E ratio of 9.34 and a beta of 0.89. 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 12 month low of $328.00 and a 12 month high of $510.00.

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

Dillard's Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Shareholders of record on Monday, March 31st will be paid 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 payout ratio is currently 2.71%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. StockNews.com upgraded shares of Dillard's from a "hold" rating to a "buy" rating in a research note on Wednesday, March 5th. UBS Group raised their price target on Dillard's from $200.00 to $202.00 and gave the stock a "sell" rating in a research note on Friday, February 28th. Finally, Telsey Advisory Group reiterated a "market perform" rating and set a $450.00 price objective on shares of Dillard's in a research report on Wednesday, February 26th.

Insider Buying and Selling at Dillard's

In related news, VP Tom W. Bolin sold 300 shares of the 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 completion of the transaction, the vice president now directly owns 1,167 shares of the company's stock, valued at approximately $505,836.15. This represents a 20.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 33.80% of the company's stock.

Dillard's 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.