Dillard’s, Inc. (NYSE:DDS) Stock Holdings Lifted by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lifted its stake in shares of Dillard’s, Inc. (NYSE:DDS) by 7.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,662 shares of the company’s stock after acquiring an additional 950 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Dillard’s were worth $6,243,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Capital Performance Advisors LLP acquired a new position in shares of Dillard’s in the 3rd quarter valued at $29,000. US Bancorp DE boosted its holdings in shares of 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 period. Point72 Hong Kong Ltd increased its position in shares of Dillard’s by 430.3% in the second quarter. Point72 Hong Kong Ltd now owns 175 shares of the company’s stock worth $77,000 after acquiring an additional 142 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Dillard’s during the third quarter valued at approximately $70,000. Finally, Signaturefd LLC lifted its position in shares of Dillard’s by 1,500.0% in the 3rd quarter. Signaturefd LLC now owns 224 shares of the company’s stock valued at $86,000 after acquiring an additional 210 shares in the last quarter. 67.15% of the stock is currently owned by institutional investors and hedge funds.

Dillard’s Trading Down 1.9 %

Shares of NYSE:DDS opened at $466.55 on Friday. The firm has a fifty day moving average of $447.17 and a two-hundred day moving average of $402.55. 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 12-month low of $328.00 and a 12-month high of $484.08. The firm has a market capitalization of $7.42 billion, a P/E ratio of 12.01 and a beta of 0.89.

Dillard’s Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, January 6th. Investors of record on Monday, December 16th were given 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 payout ratio is 2.57%.

Insider Buying and Selling at Dillard’s

In other Dillard’s news, VP Tom W. Bolin sold 300 shares of Dillard’s 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 completion of the sale, the vice president now directly owns 1,167 shares in the company, valued at $505,836.15. The trade was a 20.45 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 33.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. StockNews.com cut shares of Dillard’s from a “buy” rating to a “hold” rating in a research report on Monday, January 13th. Telsey Advisory Group upped their price target on Dillard’s from $380.00 to $450.00 and gave the company a “market perform” rating in a research report on Friday, November 15th. Finally, UBS Group raised their price objective on Dillard’s from $194.00 to $198.00 and gave the stock a “sell” rating in a research report 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.