UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Trims Stake in Dillard’s, Inc. (NYSE:DDS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its stake in Dillard’s, Inc. (NYSE:DDS) by 11.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,977 shares of the company’s stock after selling 1,006 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Dillard’s were worth $3,061,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Allspring Global Investments Holdings LLC boosted its stake in Dillard’s by 11.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 455 shares of the company’s stock worth $175,000 after acquiring an additional 45 shares in the last quarter. US Bancorp DE lifted its holdings in shares of Dillard’s by 61.3% during the third quarter. US Bancorp DE now owns 129 shares of the company’s stock valued at $49,000 after purchasing an additional 49 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Dillard’s by 1.9% in the 2nd quarter. AQR Capital Management LLC now owns 2,745 shares of the company’s stock worth $1,209,000 after purchasing an additional 50 shares in the last quarter. Atlantic Edge Private Wealth Management LLC purchased a new stake in shares of Dillard’s in the 2nd quarter worth approximately $26,000. Finally, Capital Performance Advisors LLP bought a new position in Dillard’s during the 3rd quarter valued at approximately $29,000. 67.15% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a report on Friday, November 15th. Telsey Advisory Group upped their price target 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. Finally, UBS Group raised their price objective on shares of Dillard’s from $194.00 to $198.00 and gave the company a “sell” rating in a research note on Friday, November 15th.

Dillard’s Trading Down 1.0 %

NYSE:DDS opened at $423.83 on Friday. Dillard’s, Inc. has a one year low of $328.00 and a one year high of $476.48. The business has a fifty day moving average price of $406.54 and a 200-day moving average price of $398.81. The firm has a market capitalization of $6.86 billion, a price-to-earnings ratio of 10.91 and a beta of 0.89. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02.

Dillard’s Dividend Announcement

The company also recently announced a dividend, which will be paid on Monday, January 6th. Investors of record on Monday, December 16th will be paid a dividend of $25.00 per share. This represents a dividend yield of 5.68%. The ex-dividend date is Friday, December 13th. Dillard’s’s dividend payout ratio (DPR) is 2.57%.

Dillard’s Profile

Dillard's, Inc operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. The company's stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods.