Lingohr & Partner Asset Management GmbH Has $1.82 Million Holdings in Dillard’s, Inc. (DDS)
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%.
WARNING: This piece of content was originally reported by Daily Political and is the sole property of of Daily Political. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of US and international copyright legislation. The correct version of this piece of content can be read at https://www.dailypolitical.com/2017/09/16/lingohr-partner-asset-management-gmbh-has-1-82-million-holdings-in-dillards-inc-dds.html.
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.
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.
Receive News & Ratings for Dillard's Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dillard's Inc. and related companies with MarketBeat.com's FREE daily email newsletter.