GSA Capital Partners LLP Buys Shares of 1,451 Dillard’s, Inc. $DDS

GSA Capital Partners LLP purchased a new position in Dillard’s, Inc. (NYSE:DDS) in the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 1,451 shares of the company’s stock, valued at approximately $892,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. EverSource Wealth Advisors LLC raised its holdings in Dillard’s by 790.0% during the second quarter. EverSource Wealth Advisors LLC now owns 89 shares of the company’s stock worth $37,000 after purchasing an additional 79 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Dillard’s by 110.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 139 shares of the company’s stock valued at $50,000 after buying an additional 73 shares during the period. CoreCap Advisors LLC acquired a new stake in shares of Dillard’s in the third quarter valued at $52,000. BI Asset Management Fondsmaeglerselskab A S bought a new position in Dillard’s during the second quarter valued at about $55,000. Finally, Tower Research Capital LLC TRC grew its holdings in Dillard’s by 100.0% during the second quarter. Tower Research Capital LLC TRC now owns 170 shares of the company’s stock worth $71,000 after acquiring an additional 85 shares during the period. 67.15% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on DDS shares. Wall Street Zen raised shares of Dillard’s from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. UBS Group increased their target price on shares of Dillard’s from $184.00 to $460.00 and gave the company a “sell” rating in a research note on Friday, November 28th. JPMorgan Chase & Co. raised their target price on shares of Dillard’s from $411.00 to $524.00 and gave the stock an “underweight” rating in a report on Tuesday, November 25th. Zacks Research raised Dillard’s from a “hold” rating to a “strong-buy” rating in a report on Friday, November 28th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Dillard’s in a research report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $511.33.

Dillard’s Stock Up 1.0%

DDS stock opened at $670.03 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.19 and a quick ratio of 1.00. The firm has a market capitalization of $10.48 billion, a P/E ratio of 18.19 and a beta of 1.27. Dillard’s, Inc. has a 52-week low of $282.24 and a 52-week high of $741.97. The company’s 50 day simple moving average is $645.52 and its 200-day simple moving average is $612.17.

Dillard’s Company Profile

Dillard’s, Inc (NYSE:DDS), headquartered in Little Rock, Arkansas, is a U.S.-based department store chain founded by William T. Dillard in 1938. Over more than eight decades of operation, the company has grown from a single store in Nashville, Arkansas, to a prominent retailer with a national footprint. Dillard’s equity is publicly traded on the New York Stock Exchange under the ticker DDS.

The company operates approximately 280 departmental stores across 29 states, offering a broad assortment of merchandise that includes men’s and women’s apparel, accessories, cosmetics, footwear, and home furnishings.