Trexquant Investment LP Takes Position in Dillard's, Inc. (NYSE:DDS)

Trexquant Investment LP acquired a new stake in shares of Dillard's, Inc. (NYSE:DDS - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 3,891 shares of the company's stock, valued at approximately $1,680,000.

A number of other large investors have also modified their holdings of DDS. PNC Financial Services Group Inc. raised 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 valued at $26,000 after buying an additional 39 shares in the last quarter. KBC Group NV raised its position in Dillard's by 85.3% in the fourth quarter. KBC Group NV now owns 215 shares of the company's stock worth $93,000 after purchasing an additional 99 shares in the last quarter. US Bancorp DE lifted its stake 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 period. Grove Street Fiduciary LLC acquired a new stake in Dillard's during the fourth quarter valued at approximately $222,000. Finally, Blue Trust Inc. grew its stake in shares of 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 period. 67.15% of the stock is currently owned by institutional investors and hedge funds.

Dillard's Price Performance

Shares of Dillard's stock traded down $0.88 during trading on Tuesday, reaching $317.44. The company's stock had a trading volume of 26,648 shares, compared to its average volume of 138,908. The stock has a 50-day moving average price of $391.98 and a two-hundred day moving average price of $413.18. The stock has a market capitalization of $5.05 billion, a P/E ratio of 8.17 and a beta of 0.66. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27. Dillard's, Inc. has a one year low of $282.24 and a one year high of $510.00.

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

Dillard's Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Monday, March 31st will be paid a $0.25 dividend. The ex-dividend date is Monday, March 31st. This represents a $1.00 annualized dividend and a dividend yield of 0.32%. Dillard's's dividend payout ratio (DPR) is currently 2.71%.

Analysts Set New Price Targets

DDS has been the subject of several recent analyst reports. StockNews.com lowered Dillard's from a "buy" rating to a "hold" rating in a research note on Wednesday, April 9th. UBS Group lifted their price target on shares of Dillard's from $200.00 to $202.00 and gave the company a "sell" rating in a report on Friday, February 28th. Finally, Telsey Advisory Group reaffirmed a "market perform" rating and set a $450.00 price objective on shares of Dillard's in a report 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.