Whipplewood Advisors LLC Has $55,000 Stake in Dillard’s, Inc. (NYSE:DDS)

Whipplewood Advisors LLC lifted its stake in Dillard’s, Inc. (NYSE:DDS) by 2,980.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 154 shares of the company’s stock after purchasing an additional 149 shares during the quarter. Whipplewood Advisors LLC’s holdings in Dillard’s were worth $55,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the stock. GAMMA Investing LLC increased its stake in Dillard’s by 47,109.1% in the 1st quarter. GAMMA Investing LLC now owns 10,386 shares of the company’s stock valued at $3,720,000 after buying an additional 10,364 shares during the period. Versant Capital Management Inc boosted its stake in shares of Dillard’s by 7,566.7% during the 1st quarter. Versant Capital Management Inc now owns 230 shares of the company’s stock valued at $82,000 after buying an additional 227 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Dillard’s during the 4th quarter valued at $405,000. Gordian Capital Singapore Pte Ltd purchased a new position in shares of Dillard’s during the 4th quarter valued at $70,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Dillard’s by 27.0% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,132 shares of the company’s stock valued at $4,374,000 after purchasing an additional 2,155 shares in the last quarter. 67.15% of the stock is currently owned by institutional investors and hedge funds.

Dillard’s Trading Up 0.6%

Shares of NYSE:DDS opened at $399.82 on Thursday. Dillard’s, Inc. has a 1 year low of $282.24 and a 1 year high of $510.00. The firm has a fifty day moving average price of $358.47 and a 200 day moving average price of $409.79. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $6.36 billion, a PE ratio of 10.29 and a beta of 0.96.

Dillard’s (NYSE:DDS) last released its quarterly earnings results on Thursday, May 15th. The company reported $10.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.10 by $1.29. The company had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.53 billion. Dillard’s had a return on equity of 32.13% and a net margin of 9.55%. During the same quarter in the prior year, the company posted $11.10 EPS. Analysts expect that Dillard’s, Inc. will post 33.25 EPS for the current fiscal year.

Dillard’s Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 4th. Shareholders of record on Monday, June 30th will be given a dividend of $0.25 per share. The ex-dividend date is Monday, June 30th. This represents a $1.00 dividend on an annualized basis and a yield of 0.25%. Dillard’s’s payout ratio is currently 2.76%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on DDS shares. Wall Street Zen raised Dillard’s from a “hold” rating to a “buy” rating in a research note on Thursday, May 22nd. Telsey Advisory Group restated a “market perform” rating and issued a $450.00 price objective on shares of Dillard’s in a report on Friday, May 16th. Finally, UBS Group lifted their target price on shares of Dillard’s from $150.00 to $170.00 and gave the company a “sell” rating in a research note on Friday, May 16th.

About Dillard’s

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.