Signaturefd LLC Increases Holdings in Dillard’s, Inc. (NYSE:DDS)

Signaturefd LLC lifted its position in shares of Dillard’s, Inc. (NYSE:DDS) by 1,500.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 224 shares of the company’s stock after acquiring an additional 210 shares during the quarter. Signaturefd LLC’s holdings in Dillard’s were worth $86,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of DDS. Monument Capital Management purchased a new stake in shares of Dillard’s during the 1st quarter worth approximately $283,000. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in Dillard’s in the 1st quarter valued at approximately $654,000. GSA Capital Partners LLP lifted its stake in Dillard’s by 98.6% in the 1st quarter. GSA Capital Partners LLP now owns 1,744 shares of the company’s stock valued at $823,000 after buying an additional 866 shares in the last quarter. Gallacher Capital Management LLC purchased a new stake in Dillard’s in the 1st quarter valued at approximately $487,000. Finally, Duality Advisers LP lifted its stake in Dillard’s by 90.8% in the 1st quarter. Duality Advisers LP now owns 7,213 shares of the company’s stock valued at $3,402,000 after buying an additional 3,433 shares in the last quarter. Hedge funds and other institutional investors own 67.15% of the company’s stock.

Insider Transactions at Dillard’s

In other news, Director Robert C. Connor acquired 100 shares of the company’s stock in a transaction dated Monday, August 19th. The stock was acquired at an average cost of $346.82 per share, for a total transaction of $34,682.00. Following the acquisition, the director now directly owns 78,000 shares in the company, valued at approximately $27,051,960. This represents a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 33.80% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on DDS shares. StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a research note on Tuesday, September 17th. Telsey Advisory Group reduced their price target on 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 reduced their price target on Dillard’s from $202.00 to $194.00 and set a “sell” rating on the stock in a research note on Friday, August 16th.

Dillard’s Trading Up 0.9 %

DDS stock opened at $382.64 on Tuesday. The company has a market cap of $6.21 billion, a price-to-earnings ratio of 8.70 and a beta of 0.85. The company has a quick ratio of 1.62, a current ratio of 3.14 and a debt-to-equity ratio of 0.27. The business has a fifty day simple moving average of $362.41 and a 200-day simple moving average of $401.06. Dillard’s, Inc. has a 52 week low of $286.39 and a 52 week high of $476.48.

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

Dillard’s Dividend Announcement

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

About Dillard’s

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.