Lingohr & Partner Asset Management GmbH cut its stake in shares of Dillard’s, Inc. (NYSE:DDS) by 0.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 34,860 shares of the company’s stock after selling 100 shares during the period. Dillard’s makes up 1.1% of Lingohr & Partner Asset Management GmbH’s investment portfolio, making the stock its 14th biggest holding. Lingohr & Partner Asset Management GmbH owned 0.12% of Dillard’s worth $1,821,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Parametrica Management Ltd purchased a new stake in Dillard’s during the 2nd quarter valued at approximately $618,000. Aristotle Fund L.P. purchased a new stake in Dillard’s during the 2nd quarter valued at approximately $4,558,000. Segantii Capital Management Ltd purchased a new stake in Dillard’s during the 1st quarter valued at approximately $125,000. Royce & Associates LP raised its stake in Dillard’s by 41.8% during the 2nd quarter. Royce & Associates LP now owns 139,481 shares of the company’s stock valued at $8,047,000 after acquiring an additional 41,098 shares during the last quarter. Finally, Ray Gerald L & Associates Ltd. purchased a new stake in Dillard’s during the 2nd quarter valued at approximately $363,000. 94.10% of the stock is owned by hedge funds and other institutional investors.

Shares of Dillard’s, Inc. (DDS) traded up 0.54% during trading on Friday, hitting $59.41. The stock had a trading volume of 849,626 shares. Dillard’s, Inc. has a one year low of $45.51 and a one year high of $83.44. The firm’s 50-day moving average is $62.56 and its 200-day moving average is $56.25. The firm has a market cap of $1.72 billion, a P/E ratio of 14.72 and a beta of 1.12.

Dillard’s (NYSE:DDS) last released its quarterly earnings results on Thursday, August 10th. The company reported ($0.58) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.19 by ($0.77). The business had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.44 billion. Dillard’s had a net margin of 2.04% and a return on equity of 7.89%. The business’s quarterly revenue was down 1.7% on a year-over-year basis. During the same period last year, the firm posted $0.35 EPS. Equities research analysts forecast that Dillard’s, Inc. will post $3.51 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 30th. Stockholders of record on Friday, September 29th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date is Thursday, September 28th. This is a boost from Dillard’s’s previous quarterly dividend of $0.07. Dillard’s’s payout ratio is 7.12%.

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In other news, Director J C. Watts, Jr. sold 450 shares of Dillard’s stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $60.30, for a total transaction of $27,135.00. Following the sale, the director now owns 8,200 shares of the company’s stock, valued at $494,460. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 23.27% of the company’s stock.

Several analysts have commented on DDS shares. BidaskClub downgraded Dillard’s from a “buy” rating to a “hold” rating in a research note on Tuesday, July 11th. J P Morgan Chase & Co reaffirmed an “underweight” rating and set a $36.00 price objective (down from $49.00) on shares of Dillard’s in a research note on Thursday, August 10th. Deutsche Bank AG upped their price objective on Dillard’s from $39.00 to $42.00 and gave the company a “sell” rating in a research note on Tuesday, August 8th. TheStreet raised Dillard’s from a “c” rating to a “b-” rating in a research note on Tuesday, August 8th. Finally, ValuEngine raised Dillard’s from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. Dillard’s has an average rating of “Hold” and an average price target of $56.00.

About Dillard’s

Dillard’s, Inc is a retailer of fashion apparel, cosmetics and home furnishing. As of January 28, 2017, the Company operated 293 Dillard’s stores, including 25 clearance centers, and an Internet store offering a selection of merchandise, including fashion apparel for women, men and children, accessories, cosmetics, home furnishings and other consumer goods.

Institutional Ownership by Quarter for Dillard`s (NYSE:DDS)

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