Duality Advisers LP purchased a new position in shares of Dillard’s, Inc. (NYSE:DDS) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 67,829 shares of the company’s stock, valued at approximately $1,749,000. Duality Advisers LP owned 0.29% of Dillard’s as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of DDS. Tower Research Capital LLC TRC lifted its stake in Dillard’s by 2,024.1% in the first quarter. Tower Research Capital LLC TRC now owns 1,147 shares of the company’s stock worth $42,000 after acquiring an additional 1,093 shares during the last quarter. Trustcore Financial Services LLC lifted its position in shares of Dillard’s by 529.1% during the 1st quarter. Trustcore Financial Services LLC now owns 1,189 shares of the company’s stock worth $44,000 after purchasing an additional 1,000 shares during the last quarter. New Mexico Educational Retirement Board grew its stake in shares of Dillard’s by 27.8% during the first quarter. New Mexico Educational Retirement Board now owns 2,300 shares of the company’s stock worth $85,000 after purchasing an additional 500 shares in the last quarter. Northwestern Mutual Investment Management Company LLC grew its stake in shares of Dillard’s by 21.5% during the first quarter. Northwestern Mutual Investment Management Company LLC now owns 3,421 shares of the company’s stock worth $126,000 after purchasing an additional 605 shares in the last quarter. Finally, Pearl River Capital LLC purchased a new position in Dillard’s in the fourth quarter valued at $252,000. Institutional investors own 86.23% of the company’s stock.
Several research analysts have recently issued reports on DDS shares. JPMorgan Chase & Co. lowered their price objective on Dillard’s from $32.00 to $23.00 and set an “underweight” rating for the company in a research report on Friday, May 15th. ValuEngine upgraded shares of Dillard’s from a “hold” rating to a “buy” rating in a research note on Monday, May 4th. Deutsche Bank boosted their price objective on shares of Dillard’s from $18.00 to $19.00 and gave the stock a “sell” rating in a research report on Friday, May 15th. Telsey Advisory Group lowered their target price on shares of Dillard’s from $38.00 to $30.00 and set a “market perform” rating for the company in a report on Friday, May 15th. Finally, Zacks Investment Research upgraded shares of Dillard’s from a “sell” rating to a “hold” rating and set a $26.00 price target on the stock in a research note on Friday, July 3rd. Four analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $29.00.
DDS stock opened at $23.55 on Friday. The company has a market cap of $547.04 million, a price-to-earnings ratio of -4.24 and a beta of 0.91. The company has a fifty day moving average price of $25.25 and a 200 day moving average price of $39.55. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.66 and a quick ratio of 0.20. Dillard’s, Inc. has a 12 month low of $21.50 and a 12 month high of $84.47.
Dillard’s (NYSE:DDS) last announced its earnings results on Thursday, May 14th. The company reported ($6.94) EPS for the quarter, missing analysts’ consensus estimates of ($1.65) by ($5.29). Dillard’s had a negative net margin of 2.31% and a negative return on equity of 8.48%. The business had revenue of $786.70 million during the quarter, compared to analysts’ expectations of $889.86 million. As a group, analysts anticipate that Dillard’s, Inc. will post -10.26 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, June 29th. This represents a $0.60 dividend on an annualized basis and a yield of 2.55%. Dillard’s’s payout ratio is 14.39%.
Dillard's, Inc operates retail department stores primarily in the Southeastern, Southwestern, and Midwestern areas of the United States. The company's stores offer a selection of merchandise, including fashion apparel for women, men, and children; accessories; cosmetics; home furnishings; and other consumer goods.
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