LMR Partners LLP Makes New Investment in Dillard's, Inc. (NYSE:DDS)

LMR Partners LLP purchased a new stake in shares of Dillard's, Inc. (NYSE:DDS - Free Report) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 12,500 shares of the company's stock, valued at approximately $4,796,000. LMR Partners LLP owned 0.08% of Dillard's as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of DDS. ProShare Advisors LLC boosted its holdings in Dillard's by 6.3% in the 1st quarter. ProShare Advisors LLC now owns 612 shares of the company's stock valued at $289,000 after purchasing an additional 36 shares during the period. Mitsubishi UFJ Trust & Banking Corp grew its position in Dillard's by 25.3% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 724 shares of the company's stock worth $344,000 after buying an additional 146 shares in the last quarter. Vanguard Group Inc. grew its position in Dillard's by 15.5% during the first quarter. Vanguard Group Inc. now owns 394,909 shares of the company's stock worth $186,255,000 after buying an additional 52,974 shares in the last quarter. O Shaughnessy Asset Management LLC increased its stake in Dillard's by 2.1% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 9,751 shares of the company's stock worth $4,599,000 after acquiring an additional 199 shares during the last quarter. Finally, Boulder Hill Capital Management LP raised its holdings in shares of Dillard's by 23.9% in the 1st quarter. Boulder Hill Capital Management LP now owns 5,700 shares of the company's stock valued at $2,688,000 after acquiring an additional 1,100 shares in the last quarter. 67.15% of the stock is owned by hedge funds and other institutional investors.

Dillard's Price Performance

DDS traded down $4.85 during midday trading on Tuesday, hitting $426.82. The stock had a trading volume of 76,214 shares, compared to its average volume of 118,244. Dillard's, Inc. has a 1 year low of $328.00 and a 1 year high of $476.48. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.38. The business has a fifty day moving average of $377.77 and a 200 day moving average of $397.48. The company has a market cap of $6.91 billion, a P/E ratio of 11.01 and a beta of 0.86.

Dillard's Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, November 4th. Investors of record on Monday, September 30th were given a dividend of $0.25 per share. The ex-dividend date was Monday, September 30th. This represents a $1.00 annualized dividend and a yield of 0.23%. Dillard's's payout ratio is 2.57%.

Analysts Set New Price Targets

Several research firms recently weighed in on DDS. UBS Group upped their price objective on shares of Dillard's from $194.00 to $198.00 and gave the stock a "sell" rating in a research report on Friday. Telsey Advisory Group increased their price target on shares of Dillard's from $380.00 to $450.00 and gave the stock a "market perform" rating in a report on Friday. Finally, StockNews.com raised shares of Dillard's from a "hold" rating to a "buy" rating in a report on Friday.

Dillard's Company Profile

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.