Dillard’s, Inc. (NYSE:DDS) VP Tom W. Bolin Sells 300 Shares

Dillard’s, Inc. (NYSE:DDS) VP Tom W. Bolin sold 300 shares of the company’s stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total value of $130,035.00. Following the transaction, the vice president now owns 1,167 shares in the company, valued at $505,836.15. This trade represents a 20.45 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Dillard’s Stock Up 3.6 %

Shares of Dillard’s stock traded up $15.77 during midday trading on Wednesday, hitting $451.80. The company had a trading volume of 93,093 shares, compared to its average volume of 124,195. The stock has a market capitalization of $7.19 billion, a P/E ratio of 11.63 and a beta of 0.89. Dillard’s, Inc. has a 52-week low of $328.00 and a 52-week high of $476.48. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.38. The company has a 50 day moving average of $437.08 and a 200 day moving average of $400.12.

Dillard’s Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. StockNews.com downgraded Dillard’s from a “buy” rating to a “hold” rating in a report on Monday. UBS Group upped their price target on Dillard’s from $194.00 to $198.00 and gave the stock a “sell” rating in a research note on Friday, November 15th. Finally, Telsey Advisory Group upped their price target on Dillard’s from $380.00 to $450.00 and gave the stock a “market perform” rating in a research note on Friday, November 15th.

Hedge Funds Weigh In On Dillard’s

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DDS. American Century Companies Inc. lifted its position in Dillard’s by 2.0% in the 2nd quarter. American Century Companies Inc. now owns 42,803 shares of the company’s stock valued at $18,850,000 after acquiring an additional 830 shares in the last quarter. Renaissance Technologies LLC lifted its position in Dillard’s by 36.0% in the 2nd quarter. Renaissance Technologies LLC now owns 124,200 shares of the company’s stock valued at $54,696,000 after acquiring an additional 32,900 shares in the last quarter. Edgestream Partners L.P. lifted its position in Dillard’s by 592.9% in the 2nd quarter. Edgestream Partners L.P. now owns 11,482 shares of the company’s stock valued at $5,057,000 after acquiring an additional 9,825 shares in the last quarter. Denali Advisors LLC lifted its holdings in shares of Dillard’s by 31.1% during the 2nd quarter. Denali Advisors LLC now owns 13,009 shares of the company’s stock valued at $5,729,000 after buying an additional 3,089 shares during the period. Finally, Mercer Global Advisors Inc. ADV bought a new position in shares of Dillard’s during the 2nd quarter valued at $1,365,000. 67.15% of the stock is owned by institutional investors.

About Dillard’s

Dillard’s, Inc engages in the retail of fashion apparel, cosmetics, and home furnishings, and other consumer goods. It operates through the Retail Operations and Construction segments. The Retail Operations segment comprises sells cosmetics, ladies’ apparel, ladies’ accessories and lingerie, juniors’ and children’s apparel, men’s apparel and accessories, shoes, and home and furniture products.