769 Shares in Dillard's, Inc. (NYSE:DDS) Bought by Stevens Capital Management LP

Stevens Capital Management LP purchased a new stake in Dillard's, Inc. (NYSE:DDS - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 769 shares of the company's stock, valued at approximately $332,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. increased its stake in shares of Dillard's by 177.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 61 shares of the company's stock worth $26,000 after acquiring an additional 39 shares during the last quarter. KBC Group NV grew its holdings in shares of Dillard's by 85.3% in the fourth quarter. KBC Group NV now owns 215 shares of the company's stock valued at $93,000 after purchasing an additional 99 shares during the period. US Bancorp DE increased its position in Dillard's by 102.3% during the fourth quarter. US Bancorp DE now owns 261 shares of the company's stock worth $113,000 after purchasing an additional 132 shares during the last quarter. Grove Street Fiduciary LLC purchased a new position in Dillard's during the fourth quarter worth about $222,000. Finally, Blue Trust Inc. boosted its holdings in Dillard's by 20.7% in the 4th quarter. Blue Trust Inc. now owns 518 shares of the company's stock valued at $224,000 after purchasing an additional 89 shares during the last quarter. Hedge funds and other institutional investors own 67.15% of the company's stock.

Dillard's Trading Down 2.7 %

Shares of DDS traded down $9.96 during trading on Friday, reaching $357.80. 115,653 shares of the company traded hands, compared to its average volume of 134,522. The stock has a 50-day simple moving average of $430.01 and a 200-day simple moving average of $416.35. The stock has a market cap of $5.69 billion, a PE ratio of 9.21 and a beta of 0.89. Dillard's, Inc. has a twelve month low of $328.00 and a twelve month high of $510.00. The company has a quick ratio of 1.02, a current ratio of 2.38 and a debt-to-equity ratio of 0.27.

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

Dillard's Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 5th. Investors of record on Monday, March 31st will be issued a $0.25 dividend. The ex-dividend date is Monday, March 31st. This represents a $1.00 annualized dividend and a dividend yield of 0.28%. Dillard's's dividend payout ratio is presently 2.71%.

Insider Buying and Selling

In related news, VP Tom W. Bolin sold 300 shares of the company's stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of $433.45, for a total transaction of $130,035.00. Following the sale, the vice president now directly owns 1,167 shares of the company's stock, valued at $505,836.15. This represents a 20.45 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 33.80% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on DDS. UBS Group raised their price target on shares of Dillard's from $200.00 to $202.00 and gave the stock a "sell" rating in a report on Friday, February 28th. StockNews.com raised Dillard's from a "hold" rating to a "buy" rating in a research note on Wednesday, March 19th. Finally, Telsey Advisory Group reaffirmed a "market perform" rating and issued a $450.00 price target on shares of Dillard's in a research note on Wednesday, February 26th.

Dillard's 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.