1 week Ago By ABMN Staff
Sei Investments Co. decreased its stake in shares of Dillard’s, Inc. ( NYSE:DDS – Free Report ) by 15.
9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,681 shares of the company’s stock after selling 506 shares during the period. Sei Investments Co.
’s holdings in Dillard’s were worth $1,157,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors also recently modified their holdings of the stock. PNC Financial Services Group Inc.
lifted its position in Dillard’s by 177.3% during 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 during the period. KBC Group NV increased its stake in shares of Dillard’s by 85.3% in the 4th quarter.
KBC Group NV now owns 215 shares of the company’s stock worth $93,000 after acquiring an additional 99 shares in the last quarter. US Bancorp DE lifted its position in Dillard’s by 102.3% during the 4th quarter.
US Bancorp DE now owns 261 shares of the company’s stock valued at $113,000 after acquiring an additional 132 shares during the period. Grove Street Fiduciary LLC bought a new stake in Dillard’s during the fourth quarter worth about $222,000. Finally, Blue Trust Inc.
boosted its stake in 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 acquiring an additional 89 shares in the last quarter. Hedge funds and other institutional investors own 67.15% of the company’s stock.
Dillard’s Stock Down 3.5 % Shares of Dillard’s stock opened at $306.05 on Tuesday.
The company has a 50-day simple moving average of $413.76 and a two-hundred day simple moving average of $416.78.
The stock has a market capitalization of $4.87 billion, a PE ratio of 7.88 and a beta of 0.
66. Dillard’s, Inc. has a 52-week low of $287.
43 and a 52-week high of $510.00. 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 Cuts Dividend The firm also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.25 per share.
This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.33%.
The ex-dividend date is Monday, March 31st. Dillard’s’s payout ratio is currently 2.71%.
Insider Activity In other 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 of the company’s stock, valued at $505,836.
15. The trade was a 20.45 % decrease in their ownership of the stock.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website . Corporate insiders own 33.80% of the company’s stock.
Analyst Upgrades and Downgrades Several equities analysts have recently issued reports on the stock. Telsey Advisory Group reiterated a “market perform” rating and set a $450.00 target price on shares of Dillard’s in a report on Wednesday, February 26th.
UBS Group raised their price objective on Dillard’s from $200.00 to $202.00 and gave the company a “sell” rating in a research report on Friday, February 28th.
Finally, StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a report on Wednesday, March 19th. Get Our Latest Analysis on Dillard’s Dillard’s Company 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. Featured Articles Want to see what other hedge funds are holding DDS? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Dillard’s, Inc. ( NYSE:DDS – Free Report ). 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.
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