Landscape Capital Management L.L.C. Sells 2,648 Shares of Dillard’s, Inc. (NYSE:DDS)

Landscape Capital Management L.L.C. lessened its position in shares of Dillard’s, Inc. (NYSE:DDS) by 69.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,141 shares of the company’s stock after selling 2,648 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Dillard’s were worth $438,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Atlantic Edge Private Wealth Management LLC acquired a new stake in Dillard’s in the second quarter valued at approximately $26,000. Capital Performance Advisors LLP acquired a new stake in shares of Dillard’s in the 3rd quarter worth $29,000. US Bancorp DE boosted its position in shares of Dillard’s by 61.3% in the 3rd quarter. US Bancorp DE now owns 129 shares of the company’s stock worth $49,000 after purchasing an additional 49 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in Dillard’s during the 3rd quarter worth $70,000. Finally, Point72 Hong Kong Ltd raised its stake in Dillard’s by 430.3% in the second quarter. Point72 Hong Kong Ltd now owns 175 shares of the company’s stock valued at $77,000 after buying an additional 142 shares during the last quarter. Institutional investors own 67.15% of the company’s stock.

Dillard’s Price Performance

Shares of NYSE DDS opened at $446.15 on Monday. Dillard’s, Inc. has a 52 week low of $328.00 and a 52 week high of $476.48. The business’s 50 day moving average price is $385.11 and its 200 day moving average price is $397.54. 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 market cap of $7.22 billion, a P/E ratio of 11.48 and a beta of 0.86.

Dillard’s Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on DDS shares. UBS Group boosted their price target on Dillard’s from $194.00 to $198.00 and gave the stock a “sell” rating in a research note on Friday, November 15th. Telsey Advisory Group boosted 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 report on Friday, November 15th. Finally, StockNews.com upgraded shares of Dillard’s from a “hold” rating to a “buy” rating in a research note on Friday, November 15th.

Dillard’s 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.