1 week Ago By ABMN Staff
Prudential Financial Inc. trimmed its stake in Dillard’s, Inc. ( NYSE:DDS – Free Report ) by 31.
0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 634 shares of the company’s stock after selling 285 shares during the period. Prudential Financial Inc.
’s holdings in Dillard’s were worth $274,000 as of its most recent SEC filing. Several other hedge funds have also recently bought and sold shares of the stock. PNC Financial Services Group Inc.
increased its stake in shares of Dillard’s by 177.3% in the fourth quarter. PNC Financial Services Group Inc.
now owns 61 shares of the company’s stock valued at $26,000 after buying an additional 39 shares in the last quarter. KBC Group NV lifted its stake in 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. US Bancorp DE increased its stake in Dillard’s by 102.3% in the fourth quarter.
US Bancorp DE now owns 261 shares of the company’s stock valued at $113,000 after purchasing an additional 132 shares in the last quarter. Grove Street Fiduciary LLC acquired a new stake in Dillard’s during the 4th quarter worth $222,000. Finally, Blue Trust Inc.
raised its position in shares of Dillard’s by 20.7% during the fourth quarter. Blue Trust Inc.
now owns 518 shares of the company’s stock worth $224,000 after purchasing an additional 89 shares during the period. 67.15% of the stock is currently owned by institutional investors and hedge funds.
Dillard’s Stock Performance NYSE:DDS opened at $314.92 on Friday. The company has a market capitalization of $5.
01 billion, a PE ratio of 8.11 and a beta of 0.66.
The company has a 50 day simple moving average of $398.27 and a two-hundred day simple moving average of $414.03.
The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.
38. Dillard’s, Inc. has a fifty-two week low of $282.
24 and a fifty-two week high of $510.00. Dillard’s Cuts Dividend The company also recently declared a quarterly dividend, which will be paid on Monday, May 5th.
Stockholders of record on Monday, March 31st will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, March 31st.
This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.32%.
Dillard’s’s dividend payout ratio (DPR) is currently 2.71%. Insider Transactions at Dillard’s In other Dillard’s news, VP Tom W.
Bolin sold 300 shares of the company’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 value of $130,035.
00. Following the completion of the sale, the vice president now owns 1,167 shares of the company’s stock, valued at $505,836.15.
This represents a 20.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website .
33.80% of the stock is owned by insiders. Analysts Set New Price Targets Several equities research analysts recently commented on DDS shares.
Telsey Advisory Group reaffirmed a “market perform” rating and issued a $450.00 price objective on shares of Dillard’s in a research report on Wednesday, February 26th. UBS Group raised their target price on shares of Dillard’s from $200.
00 to $202.00 and gave the company a “sell” rating in a research note on Friday, February 28th. Finally, StockNews.
com downgraded Dillard’s from a “buy” rating to a “hold” rating in a research report on Wednesday. Read Our Latest Report on Dillard’s Dillard’s Profile ( Free Report ) 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. Read More Receive News & Ratings for Dillard's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dillard's and related companies with MarketBeat.com's FREE daily email newsletter .
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