2,706 Shares in Dillard’s, Inc. (NYSE:DDS) Purchased by XTX Topco Ltd

XTX Topco Ltd acquired a new stake in shares of Dillard’s, Inc. (NYSE:DDS) during the second quarter, HoldingsChannel.com reports. The firm acquired 2,706 shares of the company’s stock, valued at approximately $1,192,000.

Several other institutional investors have also modified their holdings of the stock. Atlantic Edge Private Wealth Management LLC purchased a new stake in Dillard’s during the 2nd quarter valued at $26,000. Headlands Technologies LLC purchased a new position in shares of Dillard’s during the 1st quarter worth about $68,000. SG Americas Securities LLC grew its holdings in Dillard’s by 31.0% during the 2nd quarter. SG Americas Securities LLC now owns 330 shares of the company’s stock valued at $145,000 after purchasing an additional 78 shares during the last quarter. Blue Trust Inc. raised its position in Dillard’s by 45.1% in the 2nd quarter. Blue Trust Inc. now owns 341 shares of the company’s stock worth $161,000 after purchasing an additional 106 shares during the period. Finally, Quest Partners LLC purchased a new position in shares of Dillard’s during the fourth quarter valued at approximately $150,000. 67.15% of the stock is owned by institutional investors.

Dillard’s Stock Up 0.3 %

Shares of NYSE:DDS opened at $368.48 on Friday. The business’s 50 day moving average is $369.97 and its 200 day moving average is $411.46. The stock has a market cap of $5.98 billion, a P/E ratio of 8.37 and a beta of 0.85. Dillard’s, Inc. has a 52-week low of $286.39 and a 52-week high of $476.48. The company has a quick ratio of 1.62, a current ratio of 3.14 and a debt-to-equity ratio of 0.27.

Dillard’s (NYSE:DDS) last posted its quarterly earnings results on Thursday, August 15th. The company reported $4.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.97 by ($1.38). The firm had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.53 billion. Dillard’s had a return on equity of 34.29% and a net margin of 9.94%. Dillard’s’s quarterly revenue was down 6.7% compared to the same quarter last year. During the same period in the previous year, the company posted $7.98 EPS. Sell-side analysts predict that Dillard’s, Inc. will post 31.2 EPS for the current year.

Dillard’s Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 4th. Stockholders of record on Monday, September 30th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a $1.00 annualized dividend and a dividend yield of 0.27%. Dillard’s’s dividend payout ratio is currently 2.27%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Telsey Advisory Group dropped their price objective on Dillard’s from $475.00 to $380.00 and set a “market perform” rating for the company in a report on Friday, August 16th. UBS Group lowered their target price on shares of Dillard’s from $202.00 to $194.00 and set a “sell” rating for the company in a research note on Friday, August 16th. Finally, StockNews.com raised shares of Dillard’s from a “hold” rating to a “buy” rating in a research note on Tuesday.

Insider Transactions at Dillard’s

In other Dillard’s news, Director Robert C. Connor acquired 100 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The shares were bought at an average cost of $346.82 per share, with a total value of $34,682.00. Following the completion of the acquisition, the director now directly owns 78,000 shares in the company, valued at approximately $27,051,960. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 33.80% of the company’s stock.

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.