Versor Investments LP Acquires New Holdings in Dillard’s, Inc. (NYSE:DDS)

Versor Investments LP bought a new position in Dillard’s, Inc. (NYSE:DDS) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,203 shares of the company’s stock, valued at approximately $519,000.

Other large investors also recently made changes to their positions in the company. Capital Performance Advisors LLP acquired a new position in Dillard’s during the 3rd quarter valued at about $29,000. US Bancorp DE increased its stake in shares of Dillard’s by 61.3% during the third quarter. US Bancorp DE now owns 129 shares of the company’s stock valued at $49,000 after acquiring an additional 49 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in Dillard’s during the third quarter worth approximately $70,000. KBC Group NV lifted its position in Dillard’s by 85.3% in the fourth quarter. KBC Group NV now owns 215 shares of the company’s stock worth $93,000 after purchasing an additional 99 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its position in Dillard’s by 11.0% in the third 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. Institutional investors and hedge funds own 67.15% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on DDS shares. StockNews.com lowered Dillard’s from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $450.00 price objective on shares of Dillard’s in a research note on Wednesday. Finally, UBS Group increased their target price on shares of Dillard’s from $200.00 to $202.00 and gave the company a “sell” rating in a research note on Friday.

Dillard’s Stock Performance

Shares of NYSE DDS opened at $389.34 on Friday. The stock’s fifty day simple moving average is $463.18 and its 200 day simple moving average is $414.57. The stock has a market capitalization of $6.19 billion, a price-to-earnings ratio of 10.02 and a beta of 0.88. The company has a quick ratio of 1.02, a current ratio of 2.38 and a debt-to-equity ratio of 0.27. Dillard’s, Inc. has a 52-week low of $328.00 and a 52-week high of $510.00.

Dillard’s (NYSE:DDS) last issued its quarterly earnings results on Tuesday, February 25th. The company reported $13.48 earnings per share for the quarter, topping analysts’ consensus estimates of $9.84 by $3.64. Dillard’s had a return on equity of 32.13% and a net margin of 9.55%. The firm had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $1.49 billion. During the same quarter last year, the business posted $15.44 EPS. Dillard’s’s revenue was down 5.0% on a year-over-year basis. As a group, sell-side analysts forecast that Dillard’s, Inc. will post 33.25 earnings per share for the current fiscal year.

Dillard’s Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Investors of record on Monday, March 31st will be given a $0.25 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.00 annualized dividend and a dividend yield of 0.26%. Dillard’s’s dividend payout ratio (DPR) is presently 2.71%.

Insider Activity at Dillard’s

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

Dillard’s 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.