Capital Fund Management S.A. lifted its stake in shares of Dillard’s, Inc. (NYSE:DDS) by 355.4% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 48,713 shares of the company’s stock after buying an additional 38,016 shares during the quarter. Capital Fund Management S.A. owned about 0.17% of Dillard’s worth $2,810,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Inc. lifted its stake in shares of Dillard’s by 21,903.1% during the 1st quarter. BlackRock Inc. now owns 2,079,949 shares of the company’s stock worth $108,657,000 after buying an additional 2,070,496 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Dillard’s by 10.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,743,444 shares of the company’s stock worth $91,079,000 after buying an additional 168,131 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Dillard’s by 5.9% during the 1st quarter. Vanguard Group Inc. now owns 1,552,773 shares of the company’s stock worth $81,117,000 after buying an additional 85,874 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Dillard’s by 1.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 903,837 shares of the company’s stock worth $52,142,000 after buying an additional 15,552 shares during the last quarter. Finally, Nomura Holdings Inc. acquired a new stake in shares of Dillard’s during the 1st quarter worth about $44,419,000. Institutional investors own 94.10% of the company’s stock.
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A number of research firms have recently issued reports on DDS. ValuEngine upgraded shares of Dillard’s from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. BidaskClub cut shares of Dillard’s from a “buy” rating to a “hold” rating in a research note on Friday, August 18th. J P Morgan Chase & Co restated an “underweight” rating and set a $36.00 target price (down previously from $49.00) on shares of Dillard’s in a research note on Thursday, August 10th. TheStreet upgraded shares of Dillard’s from a “c” rating to a “b-” rating in a research note on Tuesday, August 8th. Finally, Deutsche Bank AG raised their target price on shares of Dillard’s from $39.00 to $42.00 and gave the stock a “sell” rating in a research note on Tuesday, August 8th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company’s stock. Dillard’s presently has an average rating of “Hold” and a consensus target price of $56.00.
Dillard’s, Inc. (DDS) opened at 60.15 on Wednesday. The company has a market capitalization of $1.75 billion, a price-to-earnings ratio of 14.90 and a beta of 1.12. Dillard’s, Inc. has a 52-week low of $45.51 and a 52-week high of $83.44. The company’s 50-day moving average is $64.06 and its 200-day moving average is $56.15.
Dillard’s (NYSE:DDS) last released its quarterly earnings data on Thursday, August 10th. The company reported ($0.58) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.77). The business had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.44 billion. Dillard’s had a net margin of 2.04% and a return on equity of 7.89%. Dillard’s’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same period last year, the company earned $0.35 earnings per share. On average, analysts expect that Dillard’s, Inc. will post $3.57 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 30th. Shareholders of record on Friday, September 29th will be issued a dividend of $0.10 per share. The ex-dividend date is Thursday, September 28th. This is an increase from Dillard’s’s previous quarterly dividend of $0.07. This represents a $0.40 annualized dividend and a yield of 0.67%. Dillard’s’s dividend payout ratio is 7.12%.
Dillard’s, Inc is a retailer of fashion apparel, cosmetics and home furnishing. As of January 28, 2017, the Company operated 293 Dillard’s stores, including 25 clearance centers, and an Internet store offering a selection of merchandise, including fashion apparel for women, men and children, accessories, cosmetics, home furnishings and other consumer goods.
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