Aperio Group LLC boosted its stake in Dillard’s, Inc. (NYSE:DDS) by 21.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,503 shares of the company’s stock after purchasing an additional 3,070 shares during the quarter. Aperio Group LLC owned about 0.06% of Dillard’s worth $981,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of the business. Shell Asset Management Co. acquired a new stake in Dillard’s in the third quarter worth $3,842,000. Koch Industries Inc. acquired a new stake in Dillard’s in the second quarter worth $243,000. Sterling Capital Management LLC acquired a new stake in Dillard’s in the second quarter worth $1,008,000. Ameritas Investment Partners Inc. grew its holdings in Dillard’s by 4.6% in the second quarter. Ameritas Investment Partners Inc. now owns 7,796 shares of the company’s stock worth $450,000 after purchasing an additional 346 shares during the period. Finally, The Manufacturers Life Insurance Company grew its holdings in Dillard’s by 24.5% in the second quarter. The Manufacturers Life Insurance Company now owns 46,788 shares of the company’s stock worth $2,698,000 after purchasing an additional 9,220 shares during the period. Institutional investors and hedge funds own 92.25% of the company’s stock.
A number of equities research analysts have commented on DDS shares. ValuEngine upgraded shares of Dillard’s from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research cut shares of Dillard’s from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 10th. BidaskClub upgraded shares of Dillard’s from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 1st. J P Morgan Chase & Co restated an “underweight” rating and issued a $36.00 price target (down from $49.00) on shares of Dillard’s in a report on Thursday, August 10th. Finally, Deutsche Bank AG raised their price target on shares of Dillard’s from $39.00 to $42.00 and gave the stock a “sell” rating in a report on Tuesday, August 8th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $48.25.
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Dillard’s (NYSE:DDS) last released its quarterly earnings data on Thursday, November 9th. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. Dillard’s had a net margin of 1.92% and a return on equity of 7.40%. The firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same period last year, the firm earned $0.67 earnings per share. The business’s quarterly revenue was down .7% compared to the same quarter last year. equities research analysts anticipate that Dillard’s, Inc. will post 3.5 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 5th. Shareholders of record on Friday, December 29th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.72%. Dillard’s’s dividend payout ratio (DPR) is 10.64%.
In other Dillard’s news, Director J C. Watts, Jr. sold 450 shares of the firm’s stock in a transaction on Wednesday, September 13th. The shares were sold at an average price of $60.30, for a total value of $27,135.00. Following the transaction, the director now directly owns 8,200 shares of the company’s stock, valued at $494,460. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 26.63% of the stock is currently owned by company insiders.
Dillard’s Company Profile
Dillard’s, Inc is a retailer of fashion apparel, cosmetics and home furnishing. As of January 28, 2017, the Company operated 293 Dillard’s stores, including 25 clearance centers, and an Internet store offering a selection of merchandise, including fashion apparel for women, men and children, accessories, cosmetics, home furnishings and other consumer goods.
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