Asset Management One Co. Ltd. Invests $831,000 in Dillard’s, Inc. (NYSE:DDS)

Asset Management One Co. Ltd. acquired a new position in shares of Dillard’s, Inc. (NYSE:DDS) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,825 shares of the company’s stock, valued at approximately $831,000.

Other institutional investors also recently made changes to their positions in the company. Capital Performance Advisors LLP bought a new stake in shares of Dillard’s during the third quarter worth approximately $29,000. US Bancorp DE boosted its stake in shares of Dillard’s by 61.3% in the third quarter. US Bancorp DE now owns 129 shares of the company’s stock valued at $49,000 after buying an additional 49 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Dillard’s in the third quarter valued at approximately $70,000. KBC Group NV boosted its stake in shares of Dillard’s by 85.3% in the fourth quarter. KBC Group NV now owns 215 shares of the company’s stock valued at $93,000 after buying an additional 99 shares during the period. Finally, Signaturefd LLC boosted its stake in shares of Dillard’s by 1,500.0% in the third quarter. Signaturefd LLC now owns 224 shares of the company’s stock valued at $86,000 after buying an additional 210 shares during the period. Institutional investors own 67.15% of the company’s stock.

Insider Buying and Selling at Dillard’s

In other Dillard’s news, VP Tom W. Bolin sold 300 shares of the business’s stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of $433.45, for a total transaction of $130,035.00. Following the completion of the transaction, the vice president now directly owns 1,167 shares in the company, valued at $505,836.15. The trade was a 20.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 33.80% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on DDS shares. Telsey Advisory Group boosted their price target on Dillard’s from $380.00 to $450.00 and gave the company a “market perform” rating in a research note on Friday, November 15th. StockNews.com upgraded Dillard’s from a “hold” rating to a “buy” rating in a research note on Tuesday, February 11th. Finally, UBS Group boosted their price target on Dillard’s from $196.00 to $200.00 and gave the company a “sell” rating in a research note on Wednesday.

Dillard’s Trading Down 0.9 %

Shares of DDS stock opened at $504.02 on Friday. Dillard’s, Inc. has a 1 year low of $328.00 and a 1 year high of $509.41. The stock has a market cap of $8.01 billion, a P/E ratio of 12.97 and a beta of 0.88. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27. The stock has a 50 day simple moving average of $462.00 and a 200 day simple moving average of $411.91.

Dillard’s Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, January 6th. Shareholders of record on Monday, December 16th were given a dividend of $25.00 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a yield of 5.68%. Dillard’s’s dividend payout ratio is currently 2.57%.

About Dillard’s

Dillard’s, Inc engages in the retail of fashion apparel, cosmetics, and home furnishings, and other consumer goods. It operates through the Retail Operations and Construction segments. The Retail Operations segment comprises sells cosmetics, ladies’ apparel, ladies’ accessories and lingerie, juniors’ and children’s apparel, men’s apparel and accessories, shoes, and home and furniture products.