Dillard’s, Inc. (NYSE:DDS) Shares Acquired by Duality Advisers LP

Duality Advisers LP lifted its position in shares of Dillard’s, Inc. (NYSE:DDS) by 7.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,780 shares of the company’s stock after buying an additional 248 shares during the quarter. Duality Advisers LP’s holdings in Dillard’s were worth $1,526,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Covestor Ltd raised its stake in Dillard’s by 352.9% during the third quarter. Covestor Ltd now owns 231 shares of the company’s stock worth $77,000 after purchasing an additional 180 shares during the period. DekaBank Deutsche Girozentrale raised its position in Dillard’s by 124.2% in the third quarter. DekaBank Deutsche Girozentrale now owns 518 shares of the company’s stock valued at $169,000 after purchasing an additional 287 shares during the period. Dark Forest Capital Management LP purchased a new stake in shares of Dillard’s in the third quarter worth about $248,000. Versor Investments LP acquired a new stake in shares of Dillard’s in the third quarter valued at about $249,000. Finally, Mitsubishi UFJ Trust & Banking Corp raised its holdings in shares of Dillard’s by 33.3% during the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 969 shares of the company’s stock valued at $321,000 after buying an additional 242 shares during the period. 67.15% of the stock is currently owned by institutional investors and hedge funds.

Dillard’s Price Performance

Shares of DDS stock opened at $417.36 on Tuesday. The firm has a fifty day moving average of $426.33 and a two-hundred day moving average of $382.50. The firm has a market cap of $6.77 billion, a P/E ratio of 9.32 and a beta of 0.95. Dillard’s, Inc. has a 1-year low of $272.58 and a 1-year high of $476.48. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.67 and a quick ratio of 1.35.

Dillard’s (NYSE:DDS) last posted its quarterly earnings results on Monday, February 26th. The company reported $13.69 EPS for the quarter, topping analysts’ consensus estimates of $11.59 by $2.10. Dillard’s had a return on equity of 40.90% and a net margin of 10.94%. The business had revenue of $2.12 billion during the quarter, compared to the consensus estimate of $2.08 billion. As a group, research analysts anticipate that Dillard’s, Inc. will post 32.59 earnings per share for the current fiscal year.

Dillard’s Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, May 6th. Stockholders of record on Thursday, March 28th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.24%. The ex-dividend date of this dividend is Wednesday, March 27th. Dillard’s’s dividend payout ratio (DPR) is presently 2.23%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on DDS shares. UBS Group upped their target price on shares of Dillard’s from $180.00 to $190.00 and gave the company a “sell” rating in a research note on Tuesday, February 27th. StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a research report on Saturday, January 13th. Finally, Telsey Advisory Group increased their price target on Dillard’s from $330.00 to $450.00 and gave the company a “market perform” rating in a report on Tuesday, February 27th.

Insider Activity

In other Dillard’s news, Director J C. Watts, Jr. sold 500 shares of the stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $411.21, for a total transaction of $205,605.00. Following the transaction, the director now owns 11,400 shares in the company, valued at $4,687,794. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 33.80% of the stock is currently owned by company insiders.

Dillard’s Company Profile

Dillard's, Inc operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. The company's stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods.