Sanctuary Advisors LLC purchased a new stake in shares of Dillard’s, Inc. (NYSE:DDS – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 2,541 shares of the company’s stock, valued at approximately $1,141,000.
Other institutional investors have also made changes to their positions in the company. Atlantic Edge Private Wealth Management LLC bought a new position in shares of Dillard’s in the 2nd quarter valued at approximately $26,000. Headlands Technologies LLC bought a new position in shares of Dillard’s in the 1st quarter valued at approximately $68,000. Point72 Hong Kong Ltd raised its stake in shares of Dillard’s by 430.3% in the 2nd quarter. Point72 Hong Kong Ltd now owns 175 shares of the company’s stock valued at $77,000 after acquiring an additional 142 shares in the last quarter. SG Americas Securities LLC raised its stake in shares of Dillard’s by 31.0% in the 2nd quarter. SG Americas Securities LLC now owns 330 shares of the company’s stock valued at $145,000 after acquiring an additional 78 shares in the last quarter. Finally, Blue Trust Inc. raised its stake in shares of Dillard’s by 45.1% in the 2nd quarter. Blue Trust Inc. now owns 341 shares of the company’s stock valued at $161,000 after acquiring an additional 106 shares in the last quarter. 67.15% of the stock is owned by institutional investors.
Dillard’s Stock Performance
DDS opened at $365.43 on Friday. The stock has a market cap of $5.93 billion, a PE ratio of 8.31 and a beta of 0.85. The company has a current ratio of 3.14, a quick ratio of 1.62 and a debt-to-equity ratio of 0.27. Dillard’s, Inc. has a 1 year low of $286.39 and a 1 year high of $476.48. The stock’s 50 day simple moving average is $361.49 and its 200-day simple moving average is $406.51.
Dillard’s Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 4th. Stockholders of record on Monday, September 30th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.27%. The ex-dividend date of this dividend is Monday, September 30th. Dillard’s’s dividend payout ratio is presently 2.27%.
Analyst Upgrades and Downgrades
DDS has been the topic of several recent analyst reports. Telsey Advisory Group dropped their price target on Dillard’s from $475.00 to $380.00 and set a “market perform” rating on the stock in a research report on Friday, August 16th. StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a research report on Tuesday, September 17th. Finally, UBS Group dropped their price target on Dillard’s from $202.00 to $194.00 and set a “sell” rating on the stock in a research report on Friday, August 16th.
Insider Activity
In other news, Director Robert C. Connor acquired 100 shares of the stock in a transaction dated Monday, August 19th. The shares were acquired at an average cost of $346.82 per share, for a total transaction of $34,682.00. Following the completion of the transaction, the director now owns 78,000 shares in the company, valued at approximately $27,051,960. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 33.80% of the stock is currently owned by company insiders.
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.
Recommended Stories
- Five stocks we like better than Dillard’s
- How to Calculate Inflation Rate
- 3 Micro-Caps Set for Major Moves: Balancing Risk and Opportunity
- 3 Warren Buffett Stocks to Buy Now
- Autodesk Named a “Top Pick” by Morgan Stanley—Is It Time to Buy?
- Why Invest in 5G? How to Invest in 5G Stocks
- 4 Quirky ETFs With Big Potential for Impressive Gains
Want to see what other hedge funds are holding DDS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dillard’s, Inc. (NYSE:DDS – Free Report).
Receive News & Ratings for Dillard's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dillard's and related companies with MarketBeat.com's FREE daily email newsletter.