Semanteon Capital Management LP Invests $644,000 in Dillard's, Inc. (NYSE:DDS)

Semanteon Capital Management LP acquired a new position in Dillard's, Inc. (NYSE:DDS - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,491 shares of the company's stock, valued at approximately $644,000.

A number of other institutional investors have also modified their holdings of the company. State Street Corp grew its stake in shares of Dillard's by 3.7% in the third quarter. State Street Corp now owns 76,515 shares of the company's stock worth $29,377,000 after acquiring an additional 2,758 shares in the last quarter. Consolidated Planning Corp increased its position in shares of Dillard's by 154.5% in the 4th quarter. Consolidated Planning Corp now owns 1,514 shares of the company's stock valued at $654,000 after purchasing an additional 919 shares during the last quarter. Pacer Advisors Inc. acquired a new stake in shares of Dillard's in the 3rd quarter valued at $125,388,000. Quantbot Technologies LP lifted its position in shares of Dillard's by 49.3% during the 3rd quarter. Quantbot Technologies LP now owns 5,659 shares of the company's stock worth $2,171,000 after purchasing an additional 1,868 shares during the last quarter. Finally, Stifel Financial Corp raised its stake in Dillard's by 10.1% in the third quarter. Stifel Financial Corp now owns 5,105 shares of the company's stock valued at $1,957,000 after buying an additional 467 shares in the last quarter. 67.15% of the stock is owned by institutional investors and hedge funds.

Dillard's Stock Performance

Dillard's stock traded down $0.44 during midday trading on Wednesday, hitting $367.05. 116,632 shares of the company's stock were exchanged, compared to its average volume of 130,464. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.38. The stock has a market cap of $5.84 billion, a price-to-earnings ratio of 9.45 and a beta of 0.89. Dillard's, Inc. has a 12-month low of $328.00 and a 12-month high of $510.00. The firm's 50 day simple moving average is $435.48 and its 200 day simple moving average is $416.95.

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Dillard's (NYSE:DDS - Get Free Report) last released its quarterly earnings results on Tuesday, February 25th. The company reported $13.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $9.84 by $3.64. The firm had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.49 billion. Dillard's had a return on equity of 32.13% and a net margin of 9.55%. The business's revenue was down 5.0% on a year-over-year basis. During the same quarter last year, the company posted $15.44 earnings per share. Equities research analysts predict that Dillard's, Inc. will post 33.25 EPS for the current year.

Dillard's Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.27%. The ex-dividend date of this dividend is Monday, March 31st. Dillard's's dividend payout ratio (DPR) is presently 2.71%.

Wall Street Analysts Forecast Growth

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

Insider Transactions at Dillard's

In related news, VP Tom W. Bolin sold 300 shares of the firm's stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of $433.45, for a total value 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 33.80% of the company's stock.

Dillard's Company 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.