Quantbot Technologies LP Increases Stock Holdings in Dillard’s, Inc. (NYSE:DDS)

Quantbot Technologies LP raised its stake in shares of Dillard’s, Inc. (NYSE:DDS) by 49.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,659 shares of the company’s stock after purchasing an additional 1,868 shares during the quarter. Quantbot Technologies LP’s holdings in Dillard’s were worth $2,171,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Pacer Advisors Inc. purchased a new position in shares of Dillard’s during the third quarter valued at about $125,388,000. Knuff & Co LLC purchased a new position in shares of Dillard’s in the 3rd quarter valued at approximately $384,000. LMR Partners LLP bought a new stake in shares of Dillard’s during the third quarter valued at approximately $4,796,000. Empowered Funds LLC grew its stake in Dillard’s by 23.2% in the third quarter. Empowered Funds LLC now owns 8,067 shares of the company’s stock worth $3,095,000 after purchasing an additional 1,521 shares during the period. Finally, Victory Capital Management Inc. raised its holdings in Dillard’s by 229.1% in the third quarter. Victory Capital Management Inc. now owns 18,249 shares of the company’s stock worth $7,002,000 after purchasing an additional 12,704 shares in the last quarter. 67.15% of the stock is owned by hedge funds and other institutional investors.

Dillard’s Price Performance

Shares of DDS opened at $447.41 on Friday. The company has a market capitalization of $7.24 billion, a P/E ratio of 11.52 and a beta of 0.86. Dillard’s, Inc. has a twelve month low of $328.00 and a twelve month high of $476.48. The company has a quick ratio of 1.02, a current ratio of 2.38 and a debt-to-equity ratio of 0.27. The firm has a 50 day moving average of $392.55 and a 200 day moving average of $398.53.

Dillard’s Announces Dividend

The firm also recently declared a dividend, which will be paid on Monday, January 6th. Stockholders of record on Friday, December 13th will be paid a $25.00 dividend. The ex-dividend date of this dividend is Friday, December 13th. Dillard’s’s dividend payout ratio is currently 2.57%.

Analysts Set New Price Targets

DDS has been the subject of a number of analyst reports. UBS Group raised their target price on shares of Dillard’s from $194.00 to $198.00 and gave the company a “sell” rating in a research note on Friday, November 15th. StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a report on Friday, November 15th. Finally, Telsey Advisory Group raised their price target on Dillard’s from $380.00 to $450.00 and gave the company a “market perform” rating in a report on Friday, November 15th.

About Dillard’s

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.