TrueMark Investments LLC Buys 10,482 Shares of Dillard's, Inc. (NYSE:DDS)

TrueMark Investments LLC lifted its holdings in Dillard's, Inc. (NYSE:DDS - Free Report) by 805.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 11,783 shares of the company's stock after purchasing an additional 10,482 shares during the quarter. Dillard's comprises 1.6% of TrueMark Investments LLC's holdings, making the stock its 18th biggest position. TrueMark Investments LLC owned approximately 0.07% of Dillard's worth $5,087,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. State Street Corp grew its holdings in shares of Dillard's by 3.7% during the third quarter. State Street Corp now owns 76,515 shares of the company's stock worth $29,377,000 after buying an additional 2,758 shares in the last quarter. Consolidated Planning Corp raised its holdings in shares of Dillard's by 154.5% in the fourth 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. Quantbot Technologies LP lifted its position in shares of Dillard's by 49.3% in the third 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 in the last quarter. Pacer Advisors Inc. boosted its holdings in Dillard's by 7.7% during the fourth quarter. Pacer Advisors Inc. now owns 352,006 shares of the company's stock worth $151,975,000 after purchasing an additional 25,212 shares during the last quarter. Finally, Stifel Financial Corp boosted its holdings in Dillard's by 10.1% during the third quarter. Stifel Financial Corp now owns 5,105 shares of the company's stock worth $1,957,000 after purchasing an additional 467 shares during the last quarter. 67.15% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Ratings Changes

Several brokerages have commented on DDS. Telsey Advisory Group reissued a "market perform" rating and set a $450.00 price target on shares of Dillard's in a research report on Wednesday, February 26th. StockNews.com raised Dillard's from a "hold" rating to a "buy" rating in a research report on Wednesday, March 19th. Finally, UBS Group increased their price target 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 Activity

In other news, VP Tom W. Bolin sold 300 shares of Dillard's stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total value of $130,035.00. Following the transaction, the vice president now owns 1,167 shares in the company, valued at approximately $505,836.15. This trade represents a 20.45 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 33.80% of the company's stock.

Dillard's Stock Performance

NYSE:DDS traded down $9.96 during mid-day trading on Friday, hitting $357.80. 115,653 shares of the stock were exchanged, compared to its average volume of 134,522. 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 firm's 50-day simple moving average is $430.01 and its 200 day simple moving average is $416.89. Dillard's, Inc. has a fifty-two week low of $328.00 and a fifty-two week high of $510.00. The stock has a market capitalization of $5.69 billion, a price-to-earnings ratio of 9.21 and a beta of 0.89.

Dillard's (NYSE:DDS - Get Free Report) last announced its earnings results on Tuesday, February 25th. The company reported $13.48 earnings per share (EPS) for the quarter, beating 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 analysts' expectations of $1.49 billion. During the same quarter in the previous year, the business posted $15.44 earnings per share. Dillard's's quarterly revenue was down 5.0% on a year-over-year basis. As a group, equities 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. Shareholders of record on Monday, March 31st will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.28%. The ex-dividend date of this dividend is Monday, March 31st. Dillard's's dividend payout ratio is currently 2.71%.

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.