Cwm LLC Has $367,000 Holdings in Dillard’s, Inc. (NYSE:DDS)

Cwm LLC lifted its position in Dillard’s, Inc. (NYSE:DDS) by 147.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 957 shares of the company’s stock after purchasing an additional 571 shares during the quarter. Cwm LLC’s holdings in Dillard’s were worth $367,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DDS. Handelsbanken Fonder AB raised its stake in shares of Dillard’s by 19.0% in the 3rd quarter. Handelsbanken Fonder AB now owns 2,500 shares of the company’s stock valued at $959,000 after buying an additional 400 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Dillard’s in the second quarter worth about $1,321,000. Sanctuary Advisors LLC bought a new position in Dillard’s during the second quarter worth about $1,141,000. Truist Financial Corp boosted its holdings in Dillard’s by 168.0% during the second quarter. Truist Financial Corp now owns 4,063 shares of the company’s stock valued at $1,789,000 after purchasing an additional 2,547 shares in the last quarter. Finally, Creative Planning grew its stake in shares of Dillard’s by 14.6% in the 2nd quarter. Creative Planning now owns 1,002 shares of the company’s stock valued at $441,000 after purchasing an additional 128 shares during the period. 67.15% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on DDS shares. StockNews.com upgraded Dillard’s from a “hold” rating to a “buy” rating in a research report on Tuesday, September 17th. Telsey Advisory Group reduced their target price on shares of Dillard’s from $475.00 to $380.00 and set a “market perform” rating on the stock in a research note on Friday, August 16th. Finally, UBS Group dropped their target price on shares of Dillard’s from $202.00 to $194.00 and set a “sell” rating for the company in a research report on Friday, August 16th.

Insider Activity

In related news, Director Robert C. Connor acquired 100 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The stock was purchased at an average price of $346.82 per share, for a total transaction of $34,682.00. Following the transaction, the director now directly owns 78,000 shares of the company’s stock, valued at approximately $27,051,960. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 33.80% of the stock is owned by insiders.

Dillard’s Stock Up 1.1 %

NYSE DDS opened at $391.61 on Monday. The stock’s 50 day simple moving average is $361.71 and its 200 day simple moving average is $402.55. Dillard’s, Inc. has a one year low of $286.39 and a one year high of $476.48. The firm has a market cap of $6.36 billion, a PE ratio of 8.90 and a beta of 0.85. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.14 and a quick ratio of 1.62.

Dillard’s (NYSE:DDS) last announced its earnings results on Thursday, August 15th. The company reported $4.59 EPS for the quarter, missing the consensus estimate of $5.97 by ($1.38). The business had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.53 billion. Dillard’s had a return on equity of 34.29% and a net margin of 9.94%. Dillard’s’s revenue for the quarter was down 6.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $7.98 EPS. As a group, sell-side analysts forecast that Dillard’s, Inc. will post 31.2 earnings per share for the current fiscal year.

Dillard’s Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, November 4th. Stockholders of record on Monday, September 30th will be paid a dividend of $0.25 per share. The ex-dividend date is Monday, September 30th. This represents a $1.00 annualized dividend and a dividend yield of 0.26%. Dillard’s’s dividend payout ratio (DPR) is currently 2.27%.

Dillard’s 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.