1,000 Shares in Dillard’s, Inc. (NYSE:DDS) Purchased by Knuff & Co LLC

Knuff & Co LLC purchased a new stake in shares of Dillard’s, Inc. (NYSE:DDS) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 1,000 shares of the company’s stock, valued at approximately $384,000.

Several other institutional investors and hedge funds have also bought and sold shares of DDS. Vanguard Group Inc. boosted its stake in shares of Dillard’s by 15.5% during the 1st quarter. Vanguard Group Inc. now owns 394,909 shares of the company’s stock valued at $186,255,000 after purchasing an additional 52,974 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in Dillard’s by 36.0% in the second quarter. Renaissance Technologies LLC now owns 124,200 shares of the company’s stock worth $54,696,000 after buying an additional 32,900 shares during the period. Victory Capital Management Inc. boosted its position in Dillard’s by 229.1% during the 3rd quarter. Victory Capital Management Inc. now owns 18,249 shares of the company’s stock valued at $7,002,000 after acquiring an additional 12,704 shares in the last quarter. LMR Partners LLP purchased a new position in shares of Dillard’s during the 3rd quarter worth approximately $4,796,000. Finally, Edgestream Partners L.P. raised its position in shares of Dillard’s by 592.9% in the 2nd quarter. Edgestream Partners L.P. now owns 11,482 shares of the company’s stock worth $5,057,000 after acquiring an additional 9,825 shares in the last quarter. Hedge funds and other institutional investors own 67.15% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. StockNews.com upgraded Dillard’s from a “hold” rating to a “buy” rating in a research report on Friday. UBS Group lifted their price target on shares of Dillard’s from $194.00 to $198.00 and gave the company a “sell” rating in a research report on Friday. Finally, Telsey Advisory Group upped their price objective on shares of Dillard’s from $380.00 to $450.00 and gave the stock a “market perform” rating in a report on Friday.

Dillard’s Stock Up 1.0 %

Shares of NYSE:DDS opened at $431.13 on Tuesday. The company has a current ratio of 2.38, a quick ratio of 1.62 and a debt-to-equity ratio of 0.27. The stock has a fifty day simple moving average of $376.07 and a two-hundred day simple moving average of $397.49. Dillard’s, Inc. has a 12-month low of $328.00 and a 12-month high of $476.48. The stock has a market capitalization of $6.98 billion, a price-to-earnings ratio of 11.10 and a beta of 0.86.

Dillard’s Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, November 4th. Stockholders of record on Monday, September 30th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.23%. The ex-dividend date was Monday, September 30th. Dillard’s’s dividend payout ratio is presently 2.57%.

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.