Quadrature Capital Ltd Purchases Shares of 22,348 Dillard’s, Inc. (NYSE:DDS)

Quadrature Capital Ltd acquired a new position in shares of Dillard’s, Inc. (NYSE:DDSFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 22,348 shares of the company’s stock, valued at approximately $9,036,000. Quadrature Capital Ltd owned 0.14% of Dillard’s as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Newport Trust Company LLC raised its position in Dillard’s by 1.0% in the fourth quarter. Newport Trust Company LLC now owns 5,002,223 shares of the company’s stock worth $2,019,147,000 after purchasing an additional 47,951 shares in the last quarter. Scopus Asset Management L.P. bought a new stake in Dillard’s in the third quarter valued at about $13,232,000. Skandinaviska Enskilda Banken AB publ grew its holdings in Dillard’s by 186.9% during the third quarter. Skandinaviska Enskilda Banken AB publ now owns 30,700 shares of the company’s stock valued at $10,156,000 after purchasing an additional 20,000 shares during the period. Norges Bank acquired a new position in shares of Dillard’s in the 4th quarter valued at approximately $7,677,000. Finally, UBS Group AG raised its holdings in shares of Dillard’s by 496.2% during the third quarter. UBS Group AG now owns 11,644 shares of the company’s stock worth $3,852,000 after acquiring an additional 9,691 shares during the period. Institutional investors own 67.15% of the company’s stock.

Dillard’s Stock Up 0.3 %

NYSE:DDS traded up $1.27 on Friday, hitting $429.44. 67,099 shares of the company’s stock were exchanged, compared to its average volume of 87,827. The company has a market cap of $6.97 billion, a P/E ratio of 9.76 and a beta of 0.91. The firm has a 50-day moving average price of $434.37 and a 200-day moving average price of $411.48. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.67 and a quick ratio of 1.35. Dillard’s, Inc. has a 52 week low of $286.39 and a 52 week high of $476.48.

Dillard’s (NYSE:DDSGet Free Report) last released its earnings results on Saturday, May 18th. The company reported $11.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.69 by $1.40. The business had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.55 billion. Dillard’s had a return on equity of 39.41% and a net margin of 10.68%. Dillard’s’s revenue was down 2.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $11.85 earnings per share. As a group, analysts expect that Dillard’s, Inc. will post 34.47 EPS for the current fiscal year.

Dillard’s Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 5th. Investors of record on Friday, June 28th will be paid a $0.25 dividend. The ex-dividend date is Friday, June 28th. This represents a $1.00 annualized dividend and a dividend yield of 0.23%. Dillard’s’s dividend payout ratio is presently 2.27%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on DDS shares. UBS Group increased their price objective on Dillard’s from $180.00 to $190.00 and gave the stock a “sell” rating in a report on Tuesday, February 27th. Telsey Advisory Group raised their price target on shares of Dillard’s from $450.00 to $475.00 and gave the stock a “market perform” rating in a research note on Friday, May 17th.

View Our Latest Report on Dillard’s

Dillard’s Profile

(Free Report)

Dillard's, Inc operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. The company's stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods.

Further Reading

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

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