Dillard’s, Inc. $DDS Position Boosted by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its holdings in Dillard’s, Inc. (NYSE:DDS) by 39.8% during the 1st quarter, HoldingsChannel.com reports. The firm owned 4,966 shares of the company’s stock after acquiring an additional 1,415 shares during the quarter. Quantinno Capital Management LP’s holdings in Dillard’s were worth $2,841,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in DDS. Rockefeller Capital Management L.P. boosted its holdings in Dillard’s by 108.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 48 shares of the company’s stock worth $29,000 after buying an additional 25 shares in the last quarter. Atlas Capital Advisors Inc. acquired a new stake in shares of Dillard’s during the 4th quarter valued at $29,000. Quarry LP bought a new stake in shares of Dillard’s during the 3rd quarter worth $33,000. Global Retirement Partners LLC grew its holdings in shares of Dillard’s by 6,300.0% in the 4th quarter. Global Retirement Partners LLC now owns 64 shares of the company’s stock worth $39,000 after acquiring an additional 63 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in shares of Dillard’s by 790.0% during the second quarter. EverSource Wealth Advisors LLC now owns 89 shares of the company’s stock worth $37,000 after purchasing an additional 79 shares during the period. 67.15% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director J C. Watts, Jr. sold 400 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $609.18, for a total transaction of $243,672.00. Following the completion of the sale, the director directly owned 10,150 shares in the company, valued at approximately $6,183,177. This trade represents a 3.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 34.80% of the stock is owned by company insiders.

Dillard’s Stock Performance

Shares of Dillard’s stock opened at $613.55 on Monday. The stock has a market cap of $9.58 billion, a PE ratio of 14.59 and a beta of 1.15. The business has a fifty day simple moving average of $570.54 and a 200-day simple moving average of $588.14. The company has a quick ratio of 1.20, a current ratio of 2.37 and a debt-to-equity ratio of 0.21. Dillard’s, Inc. has a 12 month low of $456.69 and a 12 month high of $741.97.

Dillard’s (NYSE:DDS) last posted its quarterly earnings results on Thursday, May 14th. The company reported $16.04 earnings per share for the quarter, beating the consensus estimate of $10.13 by $5.91. The firm had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.55 billion. Dillard’s had a return on equity of 31.43% and a net margin of 10.09%.Dillard’s’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the firm earned $10.39 earnings per share. On average, sell-side analysts anticipate that Dillard’s, Inc. will post 35.26 EPS for the current fiscal year.

Dillard’s Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Tuesday, June 30th were issued a $0.30 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.2%. Dillard’s’s dividend payout ratio is currently 2.85%.

Wall Street Analysts Forecast Growth

DDS has been the subject of a number of recent analyst reports. Zacks Research lowered Dillard’s from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. Wall Street Zen lowered shares of Dillard’s from a “buy” rating to a “hold” rating in a research note on Monday, July 20th. Weiss Ratings cut shares of Dillard’s from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 23rd. Finally, UBS Group lifted their target price on shares of Dillard’s from $460.00 to $465.00 and gave the stock a “sell” rating in a research report on Wednesday, May 6th. Three equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Dillard’s has an average rating of “Reduce” and an average price target of $521.33.

Dillard’s Company Profile

Dillard’s, Inc (NYSE:DDS), headquartered in Little Rock, Arkansas, is a U.S.-based department store chain founded by William T. Dillard in 1938. Over more than eight decades of operation, the company has grown from a single store in Nashville, Arkansas, to a prominent retailer with a national footprint. Dillard’s equity is publicly traded on the New York Stock Exchange under the ticker DDS.

The company operates approximately 280 departmental stores across 29 states, offering a broad assortment of merchandise that includes men’s and women’s apparel, accessories, cosmetics, footwear, and home furnishings.