California State Teachers Retirement System trimmed its position in shares of Dillard's, Inc. (NYSE:DDS) by 26.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,905 shares of the company’s stock after selling 9,757 shares during the period. California State Teachers Retirement System owned 0.09% of Dillard's worth $1,552,000 at the end of the most recent reporting period.
Several other hedge funds have also recently made changes to their positions in DDS. Wellington Management Group LLP raised its position in shares of Dillard's by 99.5% during the 1st quarter. Wellington Management Group LLP now owns 16,442 shares of the company’s stock valued at $859,000 after purchasing an additional 8,202 shares during the period. Thrivent Financial For Lutherans bought a new stake in shares of Dillard's during the 1st quarter valued at $252,000. Vanguard Group Inc. raised its position in shares of Dillard's by 5.9% during the 1st quarter. Vanguard Group Inc. now owns 1,552,773 shares of the company’s stock valued at $81,117,000 after purchasing an additional 85,874 shares during the period. UBS Group AG raised its position in shares of Dillard's by 288.6% during the 1st quarter. UBS Group AG now owns 8,621 shares of the company’s stock valued at $450,000 after purchasing an additional 13,191 shares during the period. Finally, New York State Teachers Retirement System raised its position in shares of Dillard's by 2,550.0% during the 1st quarter. New York State Teachers Retirement System now owns 5,300 shares of the company’s stock valued at $277,000 after purchasing an additional 5,100 shares during the period. Hedge funds and other institutional investors own 88.53% of the company’s stock.
In other Dillard's news, Director J C. Watts, Jr. sold 450 shares of Dillard's stock in a transaction on Wednesday, September 13th. The shares were sold at an average price of $60.30, for a total value of $27,135.00. Following the completion of the transaction, the director now directly owns 8,200 shares of the company’s stock, valued at approximately $494,460. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 26.63% of the company’s stock.
Several analysts have recently commented on DDS shares. TheStreet upgraded shares of Dillard's from a “c” rating to a “b-” rating in a research report on Tuesday, August 8th. BidaskClub downgraded shares of Dillard's from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 12th. ValuEngine upgraded shares of Dillard's from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research upgraded shares of Dillard's from a “sell” rating to a “hold” rating in a research report on Monday, November 13th. Finally, Deutsche Bank lifted their price target on shares of Dillard's from $39.00 to $42.00 and gave the company a “sell” rating in a report on Tuesday, August 8th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $48.25.
Shares of Dillard's, Inc. (NYSE DDS) traded up $1.54 during midday trading on Monday, reaching $58.94. 759,950 shares of the company’s stock were exchanged, compared to its average volume of 888,200. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.14 and a current ratio of 1.42. The company has a market cap of $1,665.81, a P/E ratio of 15.10, a P/E/G ratio of 6.38 and a beta of 1.25. Dillard's, Inc. has a one year low of $45.51 and a one year high of $83.44.
Dillard's (NYSE:DDS) last announced its quarterly earnings results on Thursday, November 9th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.35 billion. Dillard's had a net margin of 1.92% and a return on equity of 7.40%. Dillard's’s revenue for the quarter was down .7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.67 EPS. equities analysts anticipate that Dillard's, Inc. will post 3.5 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Monday, February 5th. Shareholders of record on Friday, December 29th will be issued a $0.10 dividend. The ex-dividend date is Thursday, December 28th. This represents a $0.40 dividend on an annualized basis and a yield of 0.68%. Dillard's’s dividend payout ratio is currently 10.64%.
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Dillard's Company Profile
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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