Dillard’s, Inc. (NYSE:DDS) Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP lowered its holdings in Dillard’s, Inc. (NYSE:DDS) by 75.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,409 shares of the company’s stock after selling 4,250 shares during the period. Quantbot Technologies LP’s holdings in Dillard’s were worth $608,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. FMR LLC increased its stake in shares of Dillard’s by 200.0% during the 3rd quarter. FMR LLC now owns 1,185 shares of the company’s stock valued at $455,000 after acquiring an additional 790 shares during the last quarter. BNP Paribas Financial Markets raised its stake in Dillard’s by 9.3% during the third quarter. BNP Paribas Financial Markets now owns 6,928 shares of the company’s stock worth $2,658,000 after purchasing an additional 588 shares during the period. Martingale Asset Management L P boosted its holdings in shares of Dillard’s by 24.3% in the 3rd quarter. Martingale Asset Management L P now owns 4,762 shares of the company’s stock valued at $1,827,000 after purchasing an additional 930 shares during the last quarter. Stifel Financial Corp boosted its holdings in shares of Dillard’s by 10.1% in the 3rd quarter. Stifel Financial Corp now owns 5,105 shares of the company’s stock valued at $1,957,000 after purchasing an additional 467 shares during the last quarter. Finally, State Street Corp boosted its holdings in shares of Dillard’s by 3.7% in the 3rd quarter. State Street Corp now owns 76,515 shares of the company’s stock valued at $29,377,000 after purchasing an additional 2,758 shares during the last quarter. 67.15% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, VP Tom W. Bolin sold 300 shares of the business’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total value of $130,035.00. Following the transaction, the vice president now owns 1,167 shares in the company, valued at approximately $505,836.15. The trade was a 20.45 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 33.80% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a research report on Wednesday, March 19th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $450.00 price objective on shares of Dillard’s in a research note on Wednesday, February 26th. Finally, UBS Group increased their target price on shares of Dillard’s from $200.00 to $202.00 and gave the stock a “sell” rating in a research report on Friday, February 28th.

Dillard’s Stock Up 0.6 %

Shares of Dillard’s stock opened at $368.68 on Friday. Dillard’s, Inc. has a twelve month low of $328.00 and a twelve month high of $510.00. The stock has a market cap of $5.86 billion, a price-to-earnings ratio of 9.49 and a beta of 0.89. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27. The company has a fifty day moving average price of $432.16 and a 200 day moving average price of $416.27.

Dillard’s (NYSE:DDS) last posted its earnings results on Tuesday, February 25th. The company reported $13.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.84 by $3.64. The business had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.49 billion. Dillard’s had a return on equity of 32.13% and a net margin of 9.55%. The company’s revenue for the quarter was down 5.0% compared to the same quarter last year. During the same quarter last year, the firm earned $15.44 earnings per share. Equities research analysts forecast that Dillard’s, Inc. will post 33.25 earnings per share for the current fiscal year.

Dillard’s Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Monday, March 31st will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.27%. Dillard’s’s payout ratio is currently 2.71%.

Dillard’s Profile

Dillard’s, Inc engages in the retail of fashion apparel, cosmetics, and home furnishings, and other consumer goods. It operates through the Retail Operations and Construction segments. The Retail Operations segment comprises sells cosmetics, ladies’ apparel, ladies’ accessories and lingerie, juniors’ and children’s apparel, men’s apparel and accessories, shoes, and home and furniture products.