US Bancorp DE Has $113,000 Position in Dillard’s, Inc. (NYSE:DDS)

US Bancorp DE boosted its stake in shares of Dillard’s, Inc. (NYSE:DDS) by 102.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 261 shares of the company’s stock after buying an additional 132 shares during the quarter. US Bancorp DE’s holdings in Dillard’s were worth $113,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Pacer Advisors Inc. lifted its holdings in Dillard’s by 7.7% during the 4th quarter. Pacer Advisors Inc. now owns 352,006 shares of the company’s stock worth $151,975,000 after buying an additional 25,212 shares during the period. Allianz Asset Management GmbH lifted its holdings in Dillard’s by 10.5% during the 4th quarter. Allianz Asset Management GmbH now owns 211,561 shares of the company’s stock worth $91,339,000 after buying an additional 20,155 shares during the period. Clientfirst Wealth Management LLC acquired a new position in Dillard’s during the 4th quarter worth about $48,873,000. Bank of New York Mellon Corp lifted its holdings in Dillard’s by 107.2% during the 4th quarter. Bank of New York Mellon Corp now owns 77,050 shares of the company’s stock worth $33,266,000 after buying an additional 39,858 shares during the period. Finally, State Street Corp lifted its holdings in Dillard’s by 3.7% during the 3rd quarter. State Street Corp now owns 76,515 shares of the company’s stock worth $29,377,000 after buying an additional 2,758 shares during the period. 67.15% of the stock is owned by institutional investors and hedge funds.

Dillard’s Stock Performance

Shares of Dillard’s stock opened at $357.07 on Monday. Dillard’s, Inc. has a one year low of $328.00 and a one year high of $510.00. The firm has a market capitalization of $5.68 billion, a price-to-earnings ratio of 9.19 and a beta of 0.89. The business has a 50-day simple moving average of $446.79 and a 200 day simple moving average of $415.91. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02.

Dillard’s (NYSE:DDS) last issued its earnings results on Tuesday, February 25th. The company reported $13.48 EPS for the quarter, beating analysts’ consensus estimates of $9.84 by $3.64. Dillard’s had a return on equity of 32.13% and a net margin of 9.55%. The business had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same period in the previous year, the company posted $15.44 EPS. The firm’s revenue was down 5.0% compared to the same quarter last year. On average, research analysts anticipate that Dillard’s, Inc. will post 33.25 earnings per share for the current fiscal year.

Dillard’s Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 5th. Investors of record on Monday, March 31st will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.28%. The ex-dividend date is Monday, March 31st. Dillard’s’s payout ratio is 2.71%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on DDS. UBS Group lifted their price objective on Dillard’s from $200.00 to $202.00 and gave the stock a “sell” rating in a research report on Friday, February 28th. StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a research report on Wednesday, March 5th. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $450.00 price objective on shares of Dillard’s in a research report on Wednesday, February 26th.

Insider Activity 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 stock was sold at an average price of $433.45, for a total transaction of $130,035.00. Following the completion of the sale, the vice president now directly owns 1,167 shares of the company’s stock, valued at approximately $505,836.15. The trade was a 20.45 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 33.80% of the stock is currently owned by corporate insiders.

Dillard’s Company Profile

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.