Commonwealth Bank of Australia grew its position in Dillard’s, Inc. (NYSE:DDS) by 7.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 23,677 shares of the company’s stock after acquiring an additional 1,600 shares during the period. Commonwealth Bank of Australia owned 0.09% of Dillard’s worth $1,425,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Horrell Capital Management Inc. lifted its stake in shares of Dillard’s by 0.9% in the 4th quarter. Horrell Capital Management Inc. now owns 31,029 shares of the company’s stock valued at $1,871,000 after acquiring an additional 283 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in shares of Dillard’s by 17.7% in the 4th quarter. Advisors Asset Management Inc. now owns 2,163 shares of the company’s stock valued at $130,000 after acquiring an additional 326 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of Dillard’s by 28.8% in the 4th quarter. SG Americas Securities LLC now owns 3,390 shares of the company’s stock valued at $204,000 after acquiring an additional 758 shares during the last quarter. Teachers Advisors LLC lifted its stake in shares of Dillard’s by 3.1% in the 3rd quarter. Teachers Advisors LLC now owns 25,129 shares of the company’s stock valued at $1,918,000 after acquiring an additional 761 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its stake in shares of Dillard’s by 12.2% in the 3rd quarter. Pacer Advisors Inc. now owns 7,104 shares of the company’s stock valued at $542,000 after acquiring an additional 774 shares during the last quarter. Institutional investors own 88.40% of the company’s stock.

Shares of Dillard’s stock opened at $72.21 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.90 and a quick ratio of 0.26. Dillard’s, Inc. has a 1-year low of $55.73 and a 1-year high of $98.75. The stock has a market cap of $1.95 billion, a price-to-earnings ratio of 11.80, a price-to-earnings-growth ratio of 1.35 and a beta of 0.94.

Dillard’s (NYSE:DDS) last issued its quarterly earnings results on Monday, February 25th. The company reported $3.22 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.63 by $0.59. Dillard’s had a return on equity of 10.22% and a net margin of 2.63%. The firm had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2.03 billion. During the same period last year, the business posted $2.82 EPS. The business’s revenue was down 2.4% compared to the same quarter last year. On average, sell-side analysts forecast that Dillard’s, Inc. will post 5.53 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 6th. Shareholders of record on Friday, March 29th will be issued a dividend of $0.10 per share. The ex-dividend date is Thursday, March 28th. This represents a $0.40 dividend on an annualized basis and a yield of 0.55%. Dillard’s’s payout ratio is currently 6.54%.

A number of research firms recently weighed in on DDS. Zacks Investment Research downgraded Dillard’s from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 20th. TheStreet upgraded Dillard’s from a “c+” rating to a “b” rating in a report on Wednesday, February 27th. ValuEngine downgraded Dillard’s from a “hold” rating to a “sell” rating in a report on Wednesday, December 5th. JPMorgan Chase & Co. downgraded Dillard’s from a “neutral” rating to an “underweight” rating and decreased their price objective for the company from $68.00 to $57.00 in a report on Monday, March 4th. Finally, Telsey Advisory Group decreased their price objective on Dillard’s from $83.00 to $65.00 and set a “market perform” rating for the company in a report on Friday, November 16th. Four research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $63.57.

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About Dillard’s

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

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