Dillard’s, Inc. (NYSE:DDS) Position Boosted by Blue Trust Inc.

Blue Trust Inc. lifted its stake in shares of Dillard’s, Inc. (NYSE:DDS) by 25.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 429 shares of the company’s stock after buying an additional 88 shares during the quarter. Blue Trust Inc.’s holdings in Dillard’s were worth $165,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of DDS. Monument Capital Management bought a new position in shares of Dillard’s during the first quarter worth about $283,000. BI Asset Management Fondsmaeglerselskab A S bought a new stake in Dillard’s during the first quarter worth approximately $654,000. GSA Capital Partners LLP grew its position in Dillard’s by 98.6% in the first quarter. GSA Capital Partners LLP now owns 1,744 shares of the company’s stock worth $823,000 after buying an additional 866 shares during the last quarter. Gallacher Capital Management LLC acquired a new position in Dillard’s in the first quarter worth approximately $487,000. Finally, Duality Advisers LP grew its position in Dillard’s by 90.8% in the first quarter. Duality Advisers LP now owns 7,213 shares of the company’s stock worth $3,402,000 after buying an additional 3,433 shares during the last quarter. Institutional investors own 67.15% of the company’s stock.

Wall Street Analyst Weigh In

DDS has been the topic of several research analyst reports. UBS Group lowered their price objective on shares of Dillard’s from $202.00 to $194.00 and set a “sell” rating on the stock in a research report on Friday, August 16th. Telsey Advisory Group decreased their target price on shares of Dillard’s from $475.00 to $380.00 and set a “market perform” 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, September 17th.

Insiders Place Their Bets

In related news, Director Robert C. Connor acquired 100 shares of the company’s stock in a transaction dated Monday, August 19th. The shares were bought at an average price of $346.82 per share, for a total transaction of $34,682.00. Following the acquisition, the director now owns 78,000 shares in the company, valued at $27,051,960. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 33.80% of the company’s stock.

Dillard’s Stock Down 0.9 %

DDS stock opened at $379.14 on Friday. 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 company has a fifty day simple moving average of $362.41 and a 200 day simple moving average of $401.19. The firm has a market cap of $6.15 billion, a PE ratio of 8.62 and a beta of 0.85.

Dillard’s (NYSE:DDS) last released its earnings results on Thursday, August 15th. The company reported $4.59 earnings per share 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 analyst estimates of $1.53 billion. Dillard’s had a return on equity of 34.29% and a net margin of 9.94%. The firm’s revenue was down 6.7% on a year-over-year basis. During the same period in the prior year, the firm earned $7.98 EPS. Sell-side analysts anticipate that Dillard’s, Inc. will post 31.2 EPS for the current fiscal year.

Dillard’s Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 4th. Shareholders 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 yield of 0.26%. The ex-dividend date is Monday, September 30th. Dillard’s’s dividend payout ratio is 2.27%.

About Dillard’s

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.