Allianz Asset Management GmbH Buys 20,155 Shares of Dillard’s, Inc. (NYSE:DDS)

Allianz Asset Management GmbH raised its stake in Dillard’s, Inc. (NYSE:DDS) by 10.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 211,561 shares of the company’s stock after acquiring an additional 20,155 shares during the quarter. Allianz Asset Management GmbH’s holdings in Dillard’s were worth $91,339,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of DDS. Allspring Global Investments Holdings LLC raised its holdings in shares of Dillard’s by 11.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 455 shares of the company’s stock worth $175,000 after purchasing an additional 45 shares during the period. US Bancorp DE increased its position in Dillard’s by 61.3% in the third quarter. US Bancorp DE now owns 129 shares of the company’s stock worth $49,000 after buying an additional 49 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in shares of Dillard’s in the third quarter valued at $29,000. Blue Trust Inc. lifted its position in shares of Dillard’s by 25.8% during the 3rd quarter. Blue Trust Inc. now owns 429 shares of the company’s stock valued at $165,000 after buying an additional 88 shares during the last quarter. Finally, KBC Group NV lifted its position in shares of Dillard’s by 85.3% during the 4th quarter. KBC Group NV now owns 215 shares of the company’s stock valued at $93,000 after buying an additional 99 shares during the last quarter. 67.15% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. StockNews.com upgraded Dillard’s from a “hold” rating to a “buy” rating in a research note on Tuesday, February 11th. Telsey Advisory Group lifted their target price on shares of Dillard’s from $380.00 to $450.00 and gave the stock a “market perform” rating in a research note on Friday, November 15th. Finally, UBS Group upped their price target on shares of Dillard’s from $196.00 to $200.00 and gave the company a “sell” rating in a research note on Wednesday.

Insider Buying and Selling at Dillard’s

In other Dillard’s news, VP Tom W. Bolin sold 300 shares of the stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of $433.45, for a total value of $130,035.00. Following the sale, the vice president now directly owns 1,167 shares in the company, valued at $505,836.15. This represents a 20.45 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 33.80% of the company’s stock.

Dillard’s Price Performance

Dillard’s stock opened at $483.21 on Friday. The firm has a market capitalization of $7.68 billion, a P/E ratio of 12.44 and a beta of 0.88. Dillard’s, Inc. has a one year low of $328.00 and a one year high of $510.00. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02. The business has a fifty day moving average price of $462.00 and a 200-day moving average price of $411.91.

Dillard’s Announces Dividend

The business also recently announced a dividend, which was paid on Monday, January 6th. Shareholders of record on Monday, December 16th were paid a $25.00 dividend. The ex-dividend date was Friday, December 13th. This represents a yield of 5.68%. Dillard’s’s dividend payout ratio is currently 2.57%.

Dillard’s Company Profile

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.