3,000 Shares in Dillard's, Inc. (NYSE:DDS) Acquired by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Dillard's, Inc. (NYSE:DDS - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,000 shares of the company's stock, valued at approximately $1,321,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DDS. Vanguard Group Inc. grew its stake in shares of Dillard's by 15.5% in the first quarter. Vanguard Group Inc. now owns 394,909 shares of the company's stock worth $186,255,000 after acquiring an additional 52,974 shares during the last quarter. Renaissance Technologies LLC grew its position in Dillard's by 36.0% in the 2nd quarter. Renaissance Technologies LLC now owns 124,200 shares of the company's stock worth $54,696,000 after purchasing an additional 32,900 shares during the period. Jacobs Levy Equity Management Inc. lifted its holdings in shares of Dillard's by 1.3% during 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 during the period. Goldman Sachs Group Inc. boosted its stake in shares of Dillard's by 110.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 69,071 shares of the company's stock worth $27,881,000 after buying an additional 36,253 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in shares of Dillard's by 2.0% in the second quarter. American Century Companies Inc. now owns 42,803 shares of the company's stock worth $18,850,000 after acquiring an additional 830 shares during the period. 67.15% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on DDS. Telsey Advisory Group dropped their target price on Dillard's from $475.00 to $380.00 and set a "market perform" rating on the stock in a research report on Friday, August 16th. StockNews.com upgraded shares of Dillard's from a "hold" rating to a "buy" rating in a research report on Tuesday, September 17th. Finally, UBS Group reduced their price objective on Dillard's from $202.00 to $194.00 and set a "sell" rating for the company in a research note on Friday, August 16th.

Insiders Place Their Bets

In related news, Director Robert C. Connor purchased 100 shares of the stock in a transaction that occurred on Monday, August 19th. The stock was bought at an average cost of $346.82 per share, for a total transaction of $34,682.00. Following the completion of the transaction, the director now directly owns 78,000 shares in the company, valued at $27,051,960. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 33.80% of the stock is currently owned by insiders.

Dillard's Price Performance

Shares of Dillard's stock traded down $4.28 during trading hours on Tuesday, hitting $365.74. The company's stock had a trading volume of 109,659 shares, compared to its average volume of 116,462. The business has a 50 day moving average price of $363.33 and a two-hundred day moving average price of $407.73. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.62 and a current ratio of 3.14. Dillard's, Inc. has a 12-month low of $286.39 and a 12-month high of $476.48. The company has a market cap of $5.94 billion, a PE ratio of 8.41 and a beta of 0.85.

Dillard's (NYSE:DDS - Get Free Report) last announced its quarterly earnings results on Thursday, August 15th. The company reported $4.59 EPS for the quarter, missing analysts' consensus estimates of $5.97 by ($1.38). Dillard's had a net margin of 9.94% and a return on equity of 34.29%. The firm had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.53 billion. During the same period in the previous year, the company posted $7.98 earnings per share. Dillard's's quarterly revenue was down 6.7% on a year-over-year basis. Analysts expect that Dillard's, Inc. will post 31.2 earnings per share for the current fiscal year.

Dillard's Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 4th. Investors of record on Monday, September 30th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.27%. The ex-dividend date is Monday, September 30th. Dillard's's payout ratio is 2.27%.

About Dillard's

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.