Dillard's, Inc. (DDS) Stake Lessened by Vident Investment Advisory LLC
Vident Investment Advisory LLC trimmed its holdings in Dillard's, Inc. (NYSE:DDS) by 20.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,901 shares of the company’s stock after selling 8,738 shares during the period. Vident Investment Advisory LLC owned 0.12% of Dillard's worth $1,957,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in DDS. QS Investors LLC lifted its position in shares of Dillard's by 0.7% in the second quarter. QS Investors LLC now owns 1,798 shares of the company’s stock valued at $104,000 after buying an additional 12 shares during the last quarter. Victory Capital Management Inc. lifted its position in shares of Dillard's by 17.6% in the second quarter. Victory Capital Management Inc. now owns 2,168 shares of the company’s stock valued at $125,000 after buying an additional 325 shares during the last quarter. Verity Asset Management Inc. acquired a new stake in shares of Dillard's in the second quarter valued at approximately $225,000. Koch Industries Inc. acquired a new stake in shares of Dillard's in the second quarter valued at approximately $243,000. Finally, Engineers Gate Manager LP acquired a new stake in shares of Dillard's in the second quarter valued at approximately $254,000. 88.53% of the stock is owned by institutional investors.
A number of equities analysts have recently weighed in on the company. ValuEngine upgraded Dillard's from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. BidaskClub lowered Dillard's from a “buy” rating to a “hold” rating in a research note on Friday, August 18th. Finally, Zacks Investment Research upgraded Dillard's from a “sell” rating to a “hold” rating in a research note on Monday, November 13th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $48.25.
Dillard's, Inc. (NYSE:DDS) opened at $58.05 on Thursday. The firm has a market capitalization of $1,626.44, a P/E ratio of 15.03, a PEG ratio of 6.34 and a beta of 1.25. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.14 and a current ratio of 1.42. Dillard's, Inc. has a 52 week low of $45.51 and a 52 week high of $83.44.
Dillard's (NYSE:DDS) last announced its earnings results on Thursday, November 9th. The company reported $0.41 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.07. The company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.35 billion. Dillard's had a return on equity of 7.40% and a net margin of 1.92%. The firm’s quarterly revenue was down .7% compared to the same quarter last year. During the same quarter last year, the company earned $0.67 earnings per share. research analysts expect that Dillard's, Inc. will post 3.5 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, February 5th. Stockholders of record on Friday, December 29th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.69%. Dillard's’s dividend payout ratio (DPR) is currently 10.64%.
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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.
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