Dillard's, Inc. (NYSE:DDS) Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp lessened its stake in Dillard's, Inc. (NYSE:DDS - Free Report) by 32.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,759 shares of the company's stock after selling 861 shares during the period. Mitsubishi UFJ Trust & Banking Corp's holdings in Dillard's were worth $759,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. PNC Financial Services Group Inc. increased its holdings in Dillard's by 177.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 61 shares of the company's stock valued at $26,000 after buying an additional 39 shares in the last quarter. KBC Group NV grew its position in shares of Dillard's by 85.3% during the 4th quarter. KBC Group NV now owns 215 shares of the company's stock valued at $93,000 after acquiring an additional 99 shares during the period. US Bancorp DE increased its stake in shares of Dillard's by 102.3% in the 4th quarter. US Bancorp DE now owns 261 shares of the company's stock valued at $113,000 after purchasing an additional 132 shares in the last quarter. Grove Street Fiduciary LLC acquired a new position in Dillard's in the 4th quarter worth about $222,000. Finally, Blue Trust Inc. boosted its position in Dillard's by 20.7% during the fourth quarter. Blue Trust Inc. now owns 518 shares of the company's stock worth $224,000 after purchasing an additional 89 shares in the last quarter. Institutional investors and hedge funds own 67.15% of the company's stock.

Insider Transactions at Dillard's

In other news, VP Tom W. Bolin sold 300 shares of the firm's stock in a transaction that occurred on Tuesday, January 14th. The shares were 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 owns 1,167 shares in the company, valued at $505,836.15. This trade represents a 20.45 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 33.80% of the company's stock.

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Dillard's Price Performance

Shares of Dillard's stock traded down $4.62 during trading hours on Friday, reaching $316.04. 226,228 shares of the company's stock were exchanged, compared to its average volume of 135,911. The business has a fifty day moving average of $417.16 and a two-hundred day moving average of $417.22. 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 company has a market capitalization of $5.03 billion, a P/E ratio of 8.13 and a beta of 0.66. Dillard's, Inc. has a 1 year low of $287.43 and a 1 year high of $510.00.

Dillard's (NYSE:DDS - Get Free Report) last released its quarterly earnings data on Tuesday, February 25th. The company reported $13.48 EPS for the quarter, beating analysts' consensus estimates of $9.84 by $3.64. The company had revenue of $2.05 billion during 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%. Dillard's's quarterly revenue was down 5.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $15.44 EPS. As a group, research analysts predict that Dillard's, Inc. will post 33.25 earnings per share for the current fiscal year.

Dillard's Cuts Dividend

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 0.32%. The ex-dividend date is Monday, March 31st. Dillard's's dividend payout ratio (DPR) is presently 2.71%.

Analysts Set New Price Targets

A number of research firms have recently commented on DDS. Telsey Advisory Group restated a "market perform" rating and issued a $450.00 price objective on shares of Dillard's in a research report on Wednesday, February 26th. StockNews.com raised shares of Dillard's from a "hold" rating to a "buy" rating in a report on Wednesday, March 19th. Finally, UBS Group increased their price objective on shares of Dillard's from $200.00 to $202.00 and gave the company a "sell" rating in a report on Friday, February 28th.

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.