Fmr LLC Acquires 790 Shares of Dillard’s, Inc. (NYSE:DDS)

Fmr LLC boosted its holdings in Dillard’s, Inc. (NYSE:DDS) by 200.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,185 shares of the company’s stock after buying an additional 790 shares during the period. Fmr LLC’s holdings in Dillard’s were worth $455,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Atlantic Edge Private Wealth Management LLC acquired a new position in shares of Dillard’s in the 2nd quarter valued at $26,000. Capital Performance Advisors LLP bought a new stake in Dillard’s in the third quarter valued at about $29,000. US Bancorp DE lifted its stake in Dillard’s by 61.3% in the third quarter. US Bancorp DE now owns 129 shares of the company’s stock valued at $49,000 after buying an additional 49 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in Dillard’s in the third quarter valued at about $70,000. Finally, Point72 Hong Kong Ltd boosted its holdings in Dillard’s by 430.3% during the second quarter. Point72 Hong Kong Ltd now owns 175 shares of the company’s stock worth $77,000 after buying an additional 142 shares during the last quarter. 67.15% of the stock is owned by institutional investors.

Dillard’s Stock Down 0.6 %

NYSE:DDS opened at $431.78 on Friday. Dillard’s, Inc. has a 1 year low of $328.00 and a 1 year high of $476.48. The stock has a 50-day moving average price of $413.10 and a two-hundred day moving average price of $398.23. The stock has a market cap of $6.87 billion, a price-to-earnings ratio of 11.11 and a beta of 0.89. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27.

Dillard’s Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Monday, January 6th. Investors of record on Monday, December 16th will be given a $25.00 dividend. The ex-dividend date is Friday, December 13th. This represents a dividend yield of 5.68%. Dillard’s’s dividend payout ratio is presently 2.57%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on DDS shares. StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. UBS Group upped their target price 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. Finally, Telsey Advisory Group lifted 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 report on Friday, November 15th.

Dillard’s Company 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.