Horrell Capital Management Inc. trimmed its position in Dillard's, Inc. (NYSE:DDS - Free Report) by 10.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,581 shares of the company's stock after selling 2,980 shares during the quarter. Dillard's comprises 3.0% of Horrell Capital Management Inc.'s holdings, making the stock its 7th largest position. Horrell Capital Management Inc. owned approximately 0.16% of Dillard's worth $10,199,000 at the end of the most recent quarter.
Several other institutional investors have also recently modified their holdings of DDS. ProShare Advisors LLC raised its position in Dillard's by 6.3% during the first quarter. ProShare Advisors LLC now owns 612 shares of the company's stock valued at $289,000 after acquiring an additional 36 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in Dillard's by 11.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 455 shares of the company's stock valued at $175,000 after acquiring an additional 45 shares in the last quarter. AQR Capital Management LLC raised its position in Dillard's by 1.9% during the second quarter. AQR Capital Management LLC now owns 2,745 shares of the company's stock valued at $1,209,000 after acquiring an additional 50 shares in the last quarter. Atlantic Edge Private Wealth Management LLC purchased a new position in Dillard's during the second quarter valued at approximately $26,000. Finally, SG Americas Securities LLC raised its position in Dillard's by 31.0% during the second quarter. SG Americas Securities LLC now owns 330 shares of the company's stock valued at $145,000 after acquiring an additional 78 shares in the last quarter. 67.15% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research analysts recently weighed in on DDS shares. StockNews.com upgraded Dillard's from a "hold" rating to a "buy" rating in a research report on Tuesday, September 17th. Telsey Advisory Group dropped their price objective on Dillard's from $475.00 to $380.00 and set a "market perform" rating on the stock in a report on Friday, August 16th. Finally, UBS Group dropped their price objective on Dillard's from $202.00 to $194.00 and set a "sell" rating on the stock in a report on Friday, August 16th.
Read Our Latest Stock Report on Dillard's
Dillard's Price Performance
DDS traded down $4.91 during trading on Tuesday, hitting $377.62. The company's stock had a trading volume of 80,109 shares, compared to its average volume of 116,600. The company has a current ratio of 3.14, a quick ratio of 1.62 and a debt-to-equity ratio of 0.27. Dillard's, Inc. has a twelve month low of $286.39 and a twelve month high of $476.48. The business's fifty day simple moving average is $363.09 and its 200 day simple moving average is $400.79. The firm has a market capitalization of $6.13 billion, a price-to-earnings ratio of 8.70 and a beta of 0.85.
Dillard's (NYSE:DDS - Get Free Report) last issued its quarterly earnings data on Thursday, August 15th. The company reported $4.59 EPS for the quarter, missing the consensus estimate of $5.97 by ($1.38). The business had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.53 billion. Dillard's had a net margin of 9.94% and a return on equity of 34.29%. The firm's revenue for the quarter was down 6.7% on a year-over-year basis. During the same period in the previous year, the business posted $7.98 earnings per share. On average, equities research analysts forecast that Dillard's, Inc. will post 31.2 EPS for the current fiscal year.
Dillard's Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, November 4th. Stockholders of record on Monday, September 30th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.26%. The ex-dividend date is Monday, September 30th. Dillard's's dividend payout ratio is presently 2.27%.
Insiders Place Their Bets
In related news, Director Robert C. Connor acquired 100 shares of the stock in a transaction on Monday, August 19th. The shares were bought at an average price of $346.82 per share, with a total value of $34,682.00. Following the completion of the purchase, the director now owns 78,000 shares of the company's stock, valued at approximately $27,051,960. This represents a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 33.80% of the stock is currently owned by corporate insiders.
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.
Featured Articles
Before you consider Dillard's, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dillard's wasn't on the list.
While Dillard's currently has a "Reduce" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
