MANA Advisors LLC Takes $200,000 Position in Dillard's, Inc. (DDS)

MANA Advisors LLC bought a new stake in shares of Dillard's, Inc. (NYSE:DDS) during the 4th quarter, Holdings Channel reports. The firm bought 3,331 shares of the company’s stock, valued at approximately $200,000.

Other large investors have also bought and sold shares of the company. OxFORD Asset Management LLP acquired a new position in shares of Dillard's during the 3rd quarter valued at $275,000. Quantitative Systematic Strategies LLC acquired a new position in Dillard's in the 4th quarter worth $293,000. Unison Advisors LLC acquired a new position in Dillard's in the 4th quarter worth $294,000. Teacher Retirement System of Texas acquired a new position in Dillard's in the 4th quarter worth $307,000. Finally, New Mexico Educational Retirement Board acquired a new position in Dillard's in the 4th quarter worth $312,000. Institutional investors and hedge funds own 89.06% of the company’s stock.

A number of equities analysts have commented on DDS shares. Zacks Investment Research upgraded shares of Dillard's from a “hold” rating to a “strong-buy” rating and set a $70.00 price objective on the stock in a report on Tuesday, December 19th. ValuEngine lowered shares of Dillard's from a “buy” rating to a “hold” rating in a report on Saturday, January 13th. Deutsche Bank boosted their price objective on shares of Dillard's from $51.00 to $52.00 and gave the stock a “sell” rating in a report on Monday, February 26th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Dillard's in a report on Tuesday, February 27th. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $83.00 price objective (up previously from $72.00) on shares of Dillard's in a report on Wednesday, February 28th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, one has given a buy rating and two have given a strong buy rating to the company. Dillard's currently has an average rating of “Buy” and a consensus target price of $60.25.

Dillard's, Inc. (DDS) opened at $83.03 on Wednesday. Dillard's, Inc. has a 1-year low of $45.51 and a 1-year high of $88.51. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.66 and a quick ratio of 0.26. The company has a market cap of $2,385.25, a price-to-earnings ratio of 10.94 and a beta of 1.07.

Dillard's (NYSE:DDS) last issued its quarterly earnings data on Tuesday, February 27th. The company reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $1.82 by $1.00. Dillard's had a net margin of 3.45% and a return on equity of 8.57%. The firm had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.04 billion. During the same quarter in the previous year, the business posted $1.85 EPS. The firm’s revenue was up 6.5% compared to the same quarter last year. equities analysts expect that Dillard's, Inc. will post 5.82 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, May 7th. Stockholders of record on Friday, March 30th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, March 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.48%. Dillard's’s dividend payout ratio (DPR) is presently 5.27%.

Dillard's announced that its Board of Directors has initiated a share repurchase plan on Thursday, March 1st that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

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Dillard's Profile

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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Institutional Ownership by Quarter for Dillard's (NYSE:DDS)

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