542 Shares in Dillard’s, Inc. (NYSE:DDS) Bought by Smart Money Group LLC

Smart Money Group LLC bought a new position in Dillard’s, Inc. (NYSE:DDS) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 542 shares of the company’s stock, valued at approximately $219,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Covestor Ltd grew its stake in shares of Dillard’s by 352.9% during the 3rd quarter. Covestor Ltd now owns 231 shares of the company’s stock worth $77,000 after acquiring an additional 180 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its stake in shares of Dillard’s by 124.2% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 518 shares of the company’s stock worth $169,000 after acquiring an additional 287 shares during the period. Andina Capital Management LLC bought a new position in Dillard’s during the fourth quarter worth $277,000. Dark Forest Capital Management LP bought a new position in shares of Dillard’s in the third quarter worth $248,000. Finally, Versor Investments LP acquired a new stake in shares of Dillard’s during the third quarter valued at about $249,000. 67.15% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. StockNews.com raised shares of Dillard’s from a “hold” rating to a “buy” rating in a research report on Saturday, January 13th. Telsey Advisory Group boosted their price target on shares of Dillard’s from $330.00 to $450.00 and gave the stock a “market perform” rating in a research note on Tuesday, February 27th. Finally, UBS Group boosted their target price on Dillard’s from $180.00 to $190.00 and gave the company a “sell” rating in a research note on Tuesday, February 27th.

Dillard’s Price Performance

Dillard’s stock traded up $8.33 during midday trading on Thursday, reaching $431.30. The company had a trading volume of 53,459 shares, compared to its average volume of 92,322. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.67 and a quick ratio of 1.35. Dillard’s, Inc. has a 12-month low of $272.58 and a 12-month high of $476.48. The company has a market capitalization of $7.00 billion, a P/E ratio of 9.64 and a beta of 1.00. The firm’s fifty day simple moving average is $429.74 and its 200-day simple moving average is $388.74.

Dillard’s (NYSE:DDS) last announced its quarterly earnings data on Monday, February 26th. The company reported $13.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.59 by $2.10. The company had revenue of $2.12 billion for the quarter, compared to analysts’ expectations of $2.08 billion. Dillard’s had a net margin of 10.94% and a return on equity of 40.90%. As a group, equities analysts anticipate that Dillard’s, Inc. will post 32.59 EPS for the current year.

Dillard’s Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 6th. Shareholders of record on Thursday, March 28th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.23%. The ex-dividend date is Wednesday, March 27th. Dillard’s’s dividend payout ratio is currently 2.23%.

Insiders Place Their Bets

In related news, Director J C. Watts, Jr. sold 500 shares of the business’s stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $411.21, for a total transaction of $205,605.00. Following the sale, the director now owns 11,400 shares of the company’s stock, valued at $4,687,794. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 33.80% of the stock is currently owned by corporate insiders.

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.