Creative Planning Has $576,000 Stock Holdings in Dillard’s, Inc. (NYSE:DDS)

Creative Planning lifted its stake in Dillard’s, Inc. (NYSE:DDS) by 49.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,500 shares of the company’s stock after acquiring an additional 498 shares during the quarter. Creative Planning’s holdings in Dillard’s were worth $576,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Atlantic Edge Private Wealth Management LLC bought a new stake in shares of Dillard’s during the 2nd quarter worth approximately $26,000. Headlands Technologies LLC bought a new stake in Dillard’s during the first quarter worth $68,000. Point72 Hong Kong Ltd lifted its stake in Dillard’s by 430.3% in the second quarter. Point72 Hong Kong Ltd now owns 175 shares of the company’s stock valued at $77,000 after acquiring an additional 142 shares during the last quarter. SG Americas Securities LLC grew its position in shares of Dillard’s by 31.0% in the 2nd quarter. SG Americas Securities LLC now owns 330 shares of the company’s stock valued at $145,000 after acquiring an additional 78 shares during the period. Finally, Blue Trust Inc. increased its stake in shares of Dillard’s by 45.1% during the 2nd quarter. Blue Trust Inc. now owns 341 shares of the company’s stock worth $161,000 after purchasing an additional 106 shares during the last quarter. Institutional investors own 67.15% of the company’s stock.

Insider Activity at Dillard’s

In related news, Director Robert C. Connor purchased 100 shares of the stock in a transaction that occurred on Monday, August 19th. The stock was acquired at an average cost of $346.82 per share, with a total value of $34,682.00. Following the transaction, the director now owns 78,000 shares of the company’s stock, valued at $27,051,960. This represents a 0.00 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 33.80% of the stock is owned by insiders.

Dillard’s Price Performance

Shares of DDS opened at $380.95 on Tuesday. The firm has a market cap of $6.16 billion, a PE ratio of 9.38 and a beta of 0.86. Dillard’s, Inc. has a 52-week low of $286.39 and a 52-week high of $476.48. The business’s 50 day moving average price is $365.61 and its two-hundred day moving average price is $399.67. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.62 and a current ratio of 3.14.

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

Dillard’s Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, November 4th. Stockholders of record on Monday, September 30th were issued a $0.25 dividend. The ex-dividend date was Monday, September 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.26%. Dillard’s’s dividend payout ratio is presently 2.46%.

Analyst Upgrades and Downgrades

DDS has been the topic of a number of recent analyst reports. StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a research report on Tuesday, September 17th. UBS Group reduced their price target on Dillard’s from $202.00 to $194.00 and set a “sell” rating on the stock in a report on Friday, August 16th. Finally, Telsey Advisory Group reduced their target price on Dillard’s from $475.00 to $380.00 and set a “market perform” rating on the stock in a report on Friday, August 16th.

Dillard’s Company 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.