Dillard’s, Inc. (NYSE:DDS) Shares Purchased by Horrell Capital Management Inc.

Horrell Capital Management Inc. increased its stake in shares of Dillard’s, Inc. (NYSE:DDS) by 0.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,657 shares of the company’s stock after purchasing an additional 76 shares during the quarter. Dillard’s accounts for approximately 3.4% of Horrell Capital Management Inc.’s holdings, making the stock its 6th biggest position. Horrell Capital Management Inc. owned approximately 0.17% of Dillard’s worth $11,509,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. State Street Corp lifted its holdings in shares of Dillard’s by 3.7% during the third quarter. State Street Corp now owns 76,515 shares of the company’s stock worth $29,377,000 after purchasing an additional 2,758 shares during the period. Consolidated Planning Corp raised its position in Dillard’s by 154.5% in the fourth quarter. Consolidated Planning Corp now owns 1,514 shares of the company’s stock worth $654,000 after acquiring an additional 919 shares in the last quarter. Quantbot Technologies LP raised its position in Dillard’s by 49.3% in the third quarter. Quantbot Technologies LP now owns 5,659 shares of the company’s stock worth $2,171,000 after acquiring an additional 1,868 shares in the last quarter. Pacer Advisors Inc. raised its position in Dillard’s by 7.7% in the fourth quarter. Pacer Advisors Inc. now owns 352,006 shares of the company’s stock worth $151,975,000 after acquiring an additional 25,212 shares in the last quarter. Finally, Stifel Financial Corp raised its position in Dillard’s by 10.1% in the third quarter. Stifel Financial Corp now owns 5,105 shares of the company’s stock worth $1,957,000 after acquiring an additional 467 shares in the last quarter. 67.15% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have issued reports on DDS. StockNews.com upgraded Dillard’s from a “hold” rating to a “buy” rating in a research report on Wednesday, March 19th. UBS Group increased their price objective on Dillard’s from $200.00 to $202.00 and gave the stock a “sell” rating in a research report on Friday, February 28th. Finally, Telsey Advisory Group reiterated a “market perform” rating and issued a $450.00 price objective on shares of Dillard’s in a research report on Wednesday, February 26th.

Insider Buying and Selling

In related news, VP Tom W. Bolin sold 300 shares of Dillard’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total transaction of $130,035.00. Following the completion of the sale, the vice president now owns 1,167 shares in the company, valued at approximately $505,836.15. This trade represents a 20.45 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 33.80% of the stock is currently owned by company insiders.

Dillard’s Trading Down 1.7 %

Shares of DDS stock opened at $353.37 on Monday. Dillard’s, Inc. has a fifty-two week low of $328.00 and a fifty-two week high of $510.00. The stock has a market cap of $5.62 billion, a P/E ratio of 9.10 and a beta of 0.89. The business has a fifty day simple moving average of $438.09 and a 200-day simple moving average of $416.59. The company has a quick ratio of 1.02, a current ratio of 2.38 and a debt-to-equity ratio of 0.27.

Dillard’s (NYSE:DDS) last announced its quarterly earnings results on Tuesday, February 25th. The company reported $13.48 earnings per share for the quarter, beating analysts’ consensus estimates of $9.84 by $3.64. Dillard’s had a return on equity of 32.13% and a net margin of 9.55%. The business had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $1.49 billion. During the same quarter last year, the business posted $15.44 earnings per share. The business’s revenue for the quarter was down 5.0% on a year-over-year basis. On average, analysts forecast that Dillard’s, Inc. will post 33.25 earnings per share for the current fiscal year.

Dillard’s Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 5th. Investors of record on Monday, March 31st will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.28%. The ex-dividend date is Monday, March 31st. Dillard’s’s dividend payout ratio is presently 2.71%.

Dillard’s Company Profile

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.