Dillard’s, Inc. (NYSE:DDS) VP Sells $130,035.00 in Stock

Dillard’s, Inc. (NYSE:DDS) VP Tom W. Bolin sold 300 shares of Dillard’s stock in a transaction dated Tuesday, January 14th. The stock was 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 of the company’s stock, valued at approximately $505,836.15. This trade represents a 20.45 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Dillard’s Trading Up 3.6 %

NYSE:DDS traded up $15.77 during mid-day trading on Wednesday, reaching $451.80. 93,093 shares of the company’s stock traded hands, compared to its average volume of 124,195. Dillard’s, Inc. has a 12-month low of $328.00 and a 12-month high of $476.48. The firm has a market capitalization of $7.19 billion, a price-to-earnings ratio of 11.63 and a beta of 0.89. 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 company has a 50 day moving average price of $437.08 and a 200-day moving average price of $400.12.

Dillard’s Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, January 6th. Investors of record on Monday, December 16th were issued a dividend of $25.00 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a yield of 5.68%. Dillard’s’s dividend payout ratio is presently 2.57%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Tidal Investments LLC increased its holdings in Dillard’s by 3.3% during the 3rd quarter. Tidal Investments LLC now owns 4,854 shares of the company’s stock valued at $1,862,000 after purchasing an additional 157 shares during the period. Barclays PLC increased its holdings in Dillard’s by 9.0% during the 3rd quarter. Barclays PLC now owns 2,424 shares of the company’s stock valued at $930,000 after purchasing an additional 200 shares during the period. State Street Corp increased its holdings in Dillard’s by 3.7% during the 3rd quarter. State Street Corp now owns 76,515 shares of the company’s stock valued at $29,377,000 after purchasing an additional 2,758 shares during the period. Stifel Financial Corp grew its holdings in shares of Dillard’s by 10.1% during the 3rd quarter. Stifel Financial Corp now owns 5,105 shares of the company’s stock worth $1,957,000 after acquiring an additional 467 shares during the period. Finally, Martingale Asset Management L P grew its holdings in shares of Dillard’s by 24.3% during the 3rd quarter. Martingale Asset Management L P now owns 4,762 shares of the company’s stock worth $1,827,000 after acquiring an additional 930 shares during the period. Hedge funds and other institutional investors own 67.15% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on DDS. StockNews.com lowered Dillard’s from a “buy” rating to a “hold” rating in a research note on Monday. UBS Group boosted their target price on Dillard’s from $194.00 to $198.00 and gave the company a “sell” rating in a research note on Friday, November 15th. Finally, Telsey Advisory Group boosted their target price on Dillard’s from $380.00 to $450.00 and gave the company a “market perform” rating in a research note on Friday, November 15th.

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.