Dillard’s, Inc. $DDS Stock Position Decreased by Capital Advisors Inc. OK

Capital Advisors Inc. OK trimmed its stake in Dillard’s, Inc. (NYSE:DDS) by 5.2% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,160 shares of the company’s stock after selling 64 shares during the quarter. Capital Advisors Inc. OK’s holdings in Dillard’s were worth $485,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. GAMMA Investing LLC increased its stake in Dillard’s by 220.7% in the 2nd quarter. GAMMA Investing LLC now owns 93 shares of the company’s stock worth $39,000 after purchasing an additional 64 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of Dillard’s by 62.3% in the first quarter. PNC Financial Services Group Inc. now owns 99 shares of the company’s stock worth $35,000 after acquiring an additional 38 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Dillard’s by 110.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 139 shares of the company’s stock valued at $50,000 after acquiring an additional 73 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of Dillard’s by 986.7% during the first quarter. Farther Finance Advisors LLC now owns 163 shares of the company’s stock valued at $59,000 after acquiring an additional 148 shares during the period. Finally, Geneos Wealth Management Inc. boosted its stake in Dillard’s by 186.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 229 shares of the company’s stock worth $82,000 after purchasing an additional 149 shares during the period. 67.15% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on DDS. Weiss Ratings reissued a “hold (c)” rating on shares of Dillard’s in a research note on Saturday, September 27th. Wall Street Zen downgraded Dillard’s from a “buy” rating to a “hold” rating in a report on Saturday, August 30th. Zacks Research lowered Dillard’s from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. Telsey Advisory Group raised their price objective on Dillard’s from $450.00 to $550.00 and gave the stock a “market perform” rating in a research report on Friday, August 15th. Finally, UBS Group lifted their target price on Dillard’s from $170.00 to $175.00 and gave the company a “sell” rating in a research note on Friday, August 15th. Three analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $394.33.

Dillard’s Price Performance

DDS opened at $613.84 on Tuesday. The stock has a fifty day moving average price of $547.39 and a 200 day moving average price of $444.92. The company has a current ratio of 2.68, a quick ratio of 1.41 and a debt-to-equity ratio of 0.22. Dillard’s, Inc. has a 1 year low of $282.24 and a 1 year high of $637.73. The stock has a market cap of $9.60 billion, a price-to-earnings ratio of 16.93 and a beta of 1.09.

Dillard’s (NYSE:DDS) last posted its quarterly earnings results on Thursday, August 14th. The company reported $4.66 earnings per share for the quarter, topping analysts’ consensus estimates of $3.79 by $0.87. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. Dillard’s had a return on equity of 30.55% and a net margin of 8.87%.The business’s quarterly revenue was up 1.6% on a year-over-year basis. During the same period last year, the business earned $11.09 EPS. Analysts forecast that Dillard’s, Inc. will post 33.25 EPS for the current fiscal year.

Dillard’s Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Tuesday, September 30th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.2%. This is a boost from Dillard’s’s previous quarterly dividend of $0.25. The ex-dividend date is Tuesday, September 30th. Dillard’s’s dividend payout ratio is presently 3.31%.

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.