Landscape Capital Management L.L.C. trimmed its stake in Dillard's, Inc. (NYSE:DDS - Free Report) by 69.9% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,141 shares of the company's stock after selling 2,648 shares during the period. Landscape Capital Management L.L.C.'s holdings in Dillard's were worth $438,000 at the end of the most recent reporting period.
Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of Dillard's by 15.5% during the first quarter. Vanguard Group Inc. now owns 394,909 shares of the company's stock valued at $186,255,000 after purchasing an additional 52,974 shares during the period. Renaissance Technologies LLC boosted its stake in Dillard's by 36.0% in the 2nd quarter. Renaissance Technologies LLC now owns 124,200 shares of the company's stock valued at $54,696,000 after buying an additional 32,900 shares in the last quarter. Jacobs Levy Equity Management Inc. boosted its stake in Dillard's by 1.3% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 99,225 shares of the company's stock valued at $46,798,000 after buying an additional 1,265 shares in the last quarter. Hexagon Capital Partners LLC boosted its stake in Dillard's by 16.7% in the 3rd quarter. Hexagon Capital Partners LLC now owns 49,006 shares of the company's stock valued at $18,803,000 after buying an additional 7,006 shares in the last quarter. Finally, American Century Companies Inc. boosted its stake in Dillard's by 2.0% in the 2nd quarter. American Century Companies Inc. now owns 42,803 shares of the company's stock valued at $18,850,000 after buying an additional 830 shares in the last quarter. 67.15% of the stock is owned by institutional investors.
Analysts Set New Price Targets
DDS has been the topic of a number of recent analyst reports. UBS Group boosted their price objective on Dillard's from $194.00 to $198.00 and gave the stock a "sell" rating in a research note on Friday, November 15th. Telsey Advisory Group boosted their price objective on Dillard's from $380.00 to $450.00 and gave the stock a "market perform" rating in a research note on Friday, November 15th. Finally, StockNews.com raised Dillard's from a "hold" rating to a "buy" rating in a research note on Friday, November 15th.
View Our Latest Report on Dillard's
Dillard's Trading Up 4.9 %
NYSE DDS traded up $21.98 on Monday, reaching $468.13. The company had a trading volume of 102,497 shares, compared to its average volume of 118,455. The stock's 50 day moving average is $385.11 and its 200-day moving average is $397.35. The stock has a market cap of $7.57 billion, a price-to-earnings ratio of 11.48 and a beta of 0.86. 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 52 week low of $328.00 and a 52 week high of $476.48.
Dillard's Announces Dividend
The firm also recently declared a dividend, which will be paid on Monday, January 6th. Shareholders of record on Friday, December 13th will be issued a $25.00 dividend. The ex-dividend date of this dividend is Friday, December 13th. Dillard's's dividend payout ratio (DPR) is currently 2.57%.
About Dillard's
(
Free Report)
Dillard's, Inc operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. The company's stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods.
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