Prudential Financial Inc. boosted its holdings in shares of Dillard’s, Inc. (NYSE:DDS) by 15.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 104,078 shares of the company’s stock after buying an additional 14,310 shares during the period. Prudential Financial Inc. owned approximately 0.38% of Dillard’s worth $7,945,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of the stock. Stone Ridge Asset Management LLC grew its holdings in shares of Dillard’s by 25.3% during the 3rd quarter. Stone Ridge Asset Management LLC now owns 11,142 shares of the company’s stock worth $851,000 after acquiring an additional 2,253 shares during the period. O Shaughnessy Asset Management LLC grew its holdings in shares of Dillard’s by 60.3% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 8,663 shares of the company’s stock worth $661,000 after acquiring an additional 3,259 shares during the period. Flossbach Von Storch AG purchased a new position in shares of Dillard’s during the 3rd quarter worth approximately $1,763,000. US Bancorp DE grew its holdings in shares of Dillard’s by 51.1% during the 3rd quarter. US Bancorp DE now owns 8,283 shares of the company’s stock worth $632,000 after acquiring an additional 2,800 shares during the period. Finally, Robeco Institutional Asset Management B.V. purchased a new position in shares of Dillard’s during the 3rd quarter worth approximately $550,000. 91.29% of the stock is owned by institutional investors.
Shares of DDS opened at $65.39 on Friday. The company has a current ratio of 1.49, a quick ratio of 0.16 and a debt-to-equity ratio of 0.35. Dillard’s, Inc. has a 52 week low of $55.88 and a 52 week high of $98.75. The company has a market capitalization of $1.80 billion, a PE ratio of 11.14, a P/E/G ratio of 1.16 and a beta of 0.82.
Dillard’s (NYSE:DDS) last issued its quarterly earnings results on Thursday, November 15th. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.40). Dillard’s had a return on equity of 9.88% and a net margin of 3.70%. The company had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same period in the prior year, the firm earned $0.41 earnings per share. As a group, analysts forecast that Dillard’s, Inc. will post 5.73 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Monday, February 4th. Stockholders of record on Monday, December 31st will be given a $0.10 dividend. The ex-dividend date of this dividend is Friday, December 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.61%. Dillard’s’s dividend payout ratio is currently 8.33%.
A number of research analysts have weighed in on the company. ValuEngine downgraded Dillard’s from a “buy” rating to a “hold” rating in a report on Friday, August 17th. JPMorgan Chase & Co. upped their target price on Dillard’s to $60.00 and gave the stock an “underweight” rating in a report on Thursday, August 16th. Wedbush downgraded Dillard’s from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $95.00 to $70.00 in a report on Tuesday, October 30th. They noted that the move was a valuation call. Zacks Investment Research downgraded Dillard’s from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 20th. Finally, Telsey Advisory Group dropped their price target on Dillard’s from $83.00 to $65.00 and set a “market perform” rating on the stock in a research report on Friday, November 16th. Five analysts have rated the stock with a sell rating and three have given a hold rating to the company. The stock has a consensus rating of “Sell” and an average price target of $64.86.
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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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