Dillard's, Inc. (NYSE:DDS) Shares Sold by Stephens Inc. AR

Stephens Inc. AR reduced its stake in shares of Dillard's, Inc. (NYSE:DDS - Free Report) by 41.4% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 7,047 shares of the company's stock after selling 4,975 shares during the period. Stephens Inc. AR's holdings in Dillard's were worth $2,704,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DDS. Atlantic Edge Private Wealth Management LLC acquired a new stake in shares of Dillard's during the 2nd quarter valued at about $26,000. US Bancorp DE grew its position in shares of Dillard's by 61.3% during the 3rd quarter. US Bancorp DE now owns 129 shares of the company's stock valued at $49,000 after acquiring an additional 49 shares during the period. Headlands Technologies LLC acquired a new stake in shares of Dillard's during the 1st quarter valued at about $68,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Dillard's during the 3rd quarter valued at about $70,000. Finally, Point72 Hong Kong Ltd grew its position in shares of Dillard's by 430.3% during the 2nd quarter. Point72 Hong Kong Ltd now owns 175 shares of the company's stock valued at $77,000 after acquiring an additional 142 shares during the period. 67.15% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently commented on DDS. StockNews.com upgraded Dillard's from a "hold" rating to a "buy" rating in a research report on Tuesday, September 17th. Telsey Advisory Group decreased their price target on shares of Dillard's from $475.00 to $380.00 and set a "market perform" rating on the stock in a research note on Friday, August 16th. Finally, UBS Group decreased their price target on shares of Dillard's from $202.00 to $194.00 and set a "sell" rating on the stock in a research note on Friday, August 16th.

Dillard's Price Performance

DDS traded up $10.88 during trading on Monday, reaching $380.95. The company's stock had a trading volume of 120,760 shares, compared to its average volume of 116,548. 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 firm has a fifty day simple moving average of $365.01 and a two-hundred day simple moving average of $399.82. Dillard's, Inc. has a 1 year low of $286.39 and a 1 year high of $476.48. The company has a market cap of $6.16 billion, a price-to-earnings ratio of 9.40 and a beta of 0.86.

Dillard's (NYSE:DDS - Get Free Report) last released its earnings results on Thursday, August 15th. The company reported $4.59 earnings per share for the quarter, missing analysts' consensus estimates of $5.97 by ($1.38). Dillard's had a return on equity of 34.29% and a net margin of 9.94%. The business had revenue of $1.49 billion during the quarter, compared to analysts' expectations of $1.53 billion. During the same period last year, the business earned $7.98 earnings per share. The company's revenue for the quarter was down 6.7% compared to the same quarter last year. As a group, analysts anticipate that Dillard's, Inc. will post 31.2 EPS for the current year.

Dillard's Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 4th. Shareholders 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 yield of 0.26%. The ex-dividend date of this dividend is Monday, September 30th. Dillard's's dividend payout ratio (DPR) is 2.46%.

Insiders Place Their Bets

In other news, Director Robert C. Connor purchased 100 shares of Dillard's stock in a transaction dated Monday, August 19th. The shares were purchased at an average price of $346.82 per share, with a total value of $34,682.00. Following the transaction, the director now 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 purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 33.80% of the company's stock.

Dillard's 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.