1,071 Shares in Dillard's, Inc. (NYSE:DDS) Acquired by SG Americas Securities LLC

SG Americas Securities LLC acquired a new position in Dillard's, Inc. (NYSE:DDS - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,071 shares of the company's stock, valued at approximately $462,000.

Other large investors have also added to or reduced their stakes in the company. Bank of Montreal Can increased its stake in Dillard's by 40.1% during the second quarter. Bank of Montreal Can now owns 3,121 shares of the company's stock worth $1,376,000 after acquiring an additional 893 shares during the last quarter. AQR Capital Management LLC increased its holdings 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 buying an additional 50 shares during the period. Millennium Management LLC boosted its position in Dillard's by 38.4% during the second quarter. Millennium Management LLC now owns 29,030 shares of the company's stock valued at $12,785,000 after purchasing an additional 8,051 shares in the last quarter. Creative Planning grew its position in shares of Dillard's by 14.6% in the 2nd quarter. Creative Planning now owns 1,002 shares of the company's stock worth $441,000 after buying an additional 128 shares during the last quarter. Finally, Truist Financial Corp lifted its holdings in shares of Dillard's by 168.0% during the 2nd quarter. Truist Financial Corp now owns 4,063 shares of the company's stock valued at $1,789,000 after purchasing an additional 2,547 shares during the last quarter. Hedge funds and other institutional investors own 67.15% of the company's stock.

Analysts Set New Price Targets

DDS has been the subject of a number of research analyst reports. UBS Group raised their target price on Dillard's from $194.00 to $198.00 and gave the stock a "sell" rating in a research note on Friday, November 15th. StockNews.com upgraded Dillard's from a "hold" rating to a "buy" rating in a research report on Friday, January 31st. Finally, Telsey Advisory Group increased their target price on shares of Dillard's from $380.00 to $450.00 and gave the stock a "market perform" rating in a research note on Friday, November 15th.

Insider Activity

In other Dillard's news, VP Tom W. Bolin sold 300 shares of the business's stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of $433.45, for a total transaction of $130,035.00. Following the completion of the transaction, the vice president now directly owns 1,167 shares of the company's stock, valued at $505,836.15. The trade was a 20.45 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 33.80% of the company's stock.

Dillard's Price Performance

DDS traded up $8.51 during trading on Wednesday, reaching $476.16. 118,550 shares of the stock were exchanged, compared to its average volume of 115,980. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02. The company has a market capitalization of $7.57 billion, a price-to-earnings ratio of 12.26 and a beta of 0.88. Dillard's, Inc. has a 1 year low of $328.00 and a 1 year high of $492.99. The business's 50 day moving average price is $451.32 and its two-hundred day moving average price is $404.02.

Dillard's Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, January 6th. Shareholders of record on Monday, December 16th were paid a dividend of $25.00 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a yield of 5.68%. Dillard's's dividend payout ratio is currently 2.57%.

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.