Dillard’s, Inc. (NYSE:DDS) Position Trimmed by Quantbot Technologies LP

Quantbot Technologies LP decreased its position in shares of Dillard’s, Inc. (NYSE:DDS) by 30.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,810 shares of the company’s stock after selling 1,687 shares during the quarter. Quantbot Technologies LP’s holdings in Dillard’s were worth $1,797,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Quest Partners LLC acquired a new stake in Dillard’s in the fourth quarter worth about $150,000. Smart Money Group LLC bought a new position in Dillard’s during the fourth quarter valued at approximately $219,000. Vanguard Personalized Indexing Management LLC bought a new position in Dillard’s during the fourth quarter valued at approximately $223,000. CWM LLC raised its position in Dillard’s by 5,377.8% during the first quarter. CWM LLC now owns 493 shares of the company’s stock valued at $233,000 after acquiring an additional 484 shares in the last quarter. Finally, Andina Capital Management LLC acquired a new position in Dillard’s during the fourth quarter valued at approximately $277,000. Institutional investors and hedge funds own 67.15% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Telsey Advisory Group raised their price objective 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.

Dillard’s Stock Performance

DDS traded up $0.75 during trading on Friday, reaching $468.58. 113,282 shares of the company’s stock were exchanged, compared to its average volume of 107,569. Dillard’s, Inc. has a fifty-two week low of $286.39 and a fifty-two week high of $476.48. The company has a quick ratio of 1.17, a current ratio of 2.40 and a debt-to-equity ratio of 0.28. The business has a 50 day moving average price of $435.73 and a 200 day moving average price of $422.49. The company has a market capitalization of $7.61 billion, a P/E ratio of 10.65 and a beta of 0.90.

Dillard’s (NYSE:DDS) last posted its quarterly earnings results on Saturday, May 18th. The company reported $11.09 earnings per share for the quarter, topping analysts’ consensus estimates of $9.69 by $1.40. Dillard’s had a net margin of 10.68% and a return on equity of 38.66%. The firm had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.55 billion. During the same quarter in the previous year, the company earned $11.85 earnings per share. The business’s revenue was down 2.2% compared to the same quarter last year. As a group, analysts predict that Dillard’s, Inc. will post 34.47 earnings per share for the current fiscal year.

Dillard’s Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 5th. Shareholders of record on Friday, June 28th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, June 28th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.21%. Dillard’s’s payout ratio is presently 2.27%.

Dillard’s Company Profile

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.