Entropy Technologies LP Acquires Shares of 2,231 Dillard’s, Inc. (NYSE:DDS)

Entropy Technologies LP bought a new stake in shares of Dillard’s, Inc. (NYSE:DDS) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,231 shares of the company’s stock, valued at approximately $963,000.

Other hedge funds also recently made changes to their positions in the company. State Street Corp increased its holdings in Dillard’s by 3.7% during the third quarter. State Street Corp now owns 76,515 shares of the company’s stock worth $29,377,000 after buying an additional 2,758 shares during the last quarter. Frank Rimerman Advisors LLC bought a new position in shares of Dillard’s during the 3rd quarter valued at approximately $611,000. Pacer Advisors Inc. bought a new position in shares of Dillard’s during the 3rd quarter valued at approximately $125,388,000. Quantbot Technologies LP raised its holdings in shares of Dillard’s by 49.3% in the 3rd quarter. Quantbot Technologies LP now owns 5,659 shares of the company’s stock worth $2,171,000 after purchasing an additional 1,868 shares during the period. Finally, Stifel Financial Corp lifted its stake in Dillard’s by 10.1% in the third quarter. Stifel Financial Corp now owns 5,105 shares of the company’s stock valued at $1,957,000 after purchasing an additional 467 shares during the last quarter. 67.15% of the stock is currently owned by institutional investors.

Insider Activity at Dillard’s

In other Dillard’s news, VP Tom W. Bolin sold 300 shares of the firm’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 completion of the transaction, the vice president now owns 1,167 shares in the company, valued at $505,836.15. This trade represents 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 currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have weighed in on DDS. Telsey Advisory Group increased their price objective on Dillard’s from $380.00 to $450.00 and gave the company a “market perform” rating in a report on Friday, November 15th. UBS Group increased 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. Finally, StockNews.com upgraded Dillard’s from a “hold” rating to a “buy” rating in a research note on Tuesday.

Dillard’s Stock Up 3.3 %

DDS opened at $489.28 on Tuesday. The company has a 50 day moving average of $453.03 and a 200 day moving average of $405.47. The company has a current ratio of 2.38, a quick ratio of 1.02 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 $492.99. The company has a market cap of $7.78 billion, a PE ratio of 12.59 and a beta of 0.88.

Dillard’s Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, January 6th. Stockholders of record on Monday, December 16th were given a $25.00 dividend. This represents a dividend yield of 5.68%. The ex-dividend date of this dividend was Friday, December 13th. Dillard’s’s dividend payout ratio (DPR) is presently 2.57%.

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.