2,541 Shares in Dillard's, Inc. (NYSE:DDS) Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC acquired a new position in Dillard's, Inc. (NYSE:DDS - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,541 shares of the company's stock, valued at approximately $1,141,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Atlantic Edge Private Wealth Management LLC bought a new stake in Dillard's in the second quarter valued at $26,000. Headlands Technologies LLC bought a new stake in Dillard's in the 1st quarter valued at about $68,000. Point72 Hong Kong Ltd raised its stake in Dillard's by 430.3% during the 2nd quarter. Point72 Hong Kong Ltd now owns 175 shares of the company's stock worth $77,000 after buying an additional 142 shares during the period. SG Americas Securities LLC boosted its holdings in Dillard's by 31.0% in the second quarter. SG Americas Securities LLC now owns 330 shares of the company's stock worth $145,000 after acquiring an additional 78 shares in the last quarter. Finally, Blue Trust Inc. grew its stake in Dillard's by 45.1% in the second quarter. Blue Trust Inc. now owns 341 shares of the company's stock valued at $161,000 after acquiring an additional 106 shares during the period. 67.15% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Robert C. Connor bought 100 shares of the firm's stock in a transaction on Monday, August 19th. The stock was acquired at an average cost of $346.82 per share, with a total value of $34,682.00. Following the completion of the transaction, the director now directly owns 78,000 shares of the company's stock, valued at $27,051,960. This represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 33.80% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

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

Dillard's Stock Up 1.2 %

DDS stock traded up $4.43 during trading on Friday, reaching $364.53. The stock had a trading volume of 127,803 shares, compared to its average volume of 116,654. The company has a quick ratio of 1.62, a current ratio of 3.14 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $5.92 billion, a price-to-earnings ratio of 8.28 and a beta of 0.85. Dillard's, Inc. has a one year low of $286.39 and a one year high of $476.48. The company's 50 day moving average is $361.55 and its two-hundred day moving average is $405.98.

Dillard's (NYSE:DDS - Get Free Report) last issued 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). The business had revenue of $1.49 billion for the quarter, compared to analysts' expectations of $1.53 billion. Dillard's had a net margin of 9.94% and a return on equity of 34.29%. The business's revenue was down 6.7% compared to the same quarter last year. During the same period in the previous year, the business posted $7.98 earnings per share. Equities research analysts forecast that Dillard's, Inc. will post 31.2 EPS for the current year.

Dillard's Dividend Announcement

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

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.