Dillard’s, Inc. $DDS Stake Lifted by GSA Capital Partners LLP

GSA Capital Partners LLP raised its stake in Dillard’s, Inc. (NYSE:DDS) by 66.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 2,420 shares of the company’s stock after buying an additional 969 shares during the quarter. GSA Capital Partners LLP’s holdings in Dillard’s were worth $1,467,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Farther Finance Advisors LLC grew its position in shares of Dillard’s by 9.1% during the fourth quarter. Farther Finance Advisors LLC now owns 191 shares of the company’s stock worth $116,000 after acquiring an additional 16 shares during the last quarter. Teacher Retirement System of Texas boosted its stake in Dillard’s by 2.3% during the 3rd quarter. Teacher Retirement System of Texas now owns 1,040 shares of the company’s stock valued at $639,000 after purchasing an additional 23 shares during the period. Mercer Global Advisors Inc. ADV grew its position in Dillard’s by 3.1% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 896 shares of the company’s stock worth $551,000 after purchasing an additional 27 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of Dillard’s by 6.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 512 shares of the company’s stock valued at $334,000 after purchasing an additional 30 shares during the period. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Dillard’s by 14.8% during the second quarter. Geneos Wealth Management Inc. now owns 263 shares of the company’s stock valued at $110,000 after buying an additional 34 shares during the last quarter. Institutional investors and hedge funds own 67.15% of the company’s stock.

Analyst Ratings Changes

DDS has been the subject of several analyst reports. JPMorgan Chase & Co. reduced their price objective on Dillard’s from $524.00 to $449.00 and set an “underweight” rating for the company in a research report on Wednesday, February 25th. Telsey Advisory Group cut their target price on Dillard’s from $700.00 to $650.00 and set a “market perform” rating on the stock in a research note on Wednesday, February 25th. Wall Street Zen lowered Dillard’s from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Zacks Research cut Dillard’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 23rd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Dillard’s in a research note on Wednesday, January 21st. Three research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $521.33.

Dillard’s Price Performance

NYSE DDS opened at $539.03 on Thursday. Dillard’s, Inc. has a 12 month low of $386.85 and a 12 month high of $741.97. The firm has a market capitalization of $8.42 billion, a PE ratio of 12.82 and a beta of 1.17. The company’s 50 day simple moving average is $576.47 and its 200 day simple moving average is $618.49. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.65 and a quick ratio of 1.31.

Dillard’s (NYSE:DDS) last released its earnings results on Thursday, May 14th. The company reported $16.04 earnings per share for the quarter, topping analysts’ consensus estimates of $10.13 by $5.91. The firm had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.55 billion. Dillard’s had a return on equity of 31.89% and a net margin of 10.09%.The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $10.39 earnings per share. As a group, equities research analysts forecast that Dillard’s, Inc. will post 33.12 EPS for the current fiscal year.

Dillard’s Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 4th. Stockholders of record on Tuesday, March 31st were issued a $0.30 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $1.20 annualized dividend and a dividend yield of 0.2%. Dillard’s’s dividend payout ratio is 2.85%.

Dillard’s 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.