Stephens Inc. AR Grows Position in Dillard’s, Inc. (NYSE:DDS)

Stephens Inc. AR lifted its position in shares of Dillard’s, Inc. (NYSE:DDS) by 3.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 7,322 shares of the company’s stock after purchasing an additional 275 shares during the quarter. Stephens Inc. AR’s holdings in Dillard’s were worth $3,161,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Pacer Advisors Inc. grew its stake in Dillard’s by 7.7% during the fourth quarter. Pacer Advisors Inc. now owns 352,006 shares of the company’s stock worth $151,975,000 after buying an additional 25,212 shares during the period. Clientfirst Wealth Management LLC acquired a new position in shares of Dillard’s during the 4th quarter valued at $48,873,000. State Street Corp boosted its position in Dillard’s by 3.7% during the 3rd quarter. State Street Corp now owns 76,515 shares of the company’s stock worth $29,377,000 after purchasing an additional 2,758 shares during the period. Victory Capital Management Inc. increased its holdings in Dillard’s by 229.1% in the 3rd quarter. Victory Capital Management Inc. now owns 18,249 shares of the company’s stock valued at $7,002,000 after purchasing an additional 12,704 shares in the last quarter. Finally, Nisa Investment Advisors LLC raised its position in Dillard’s by 7.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 13,662 shares of the company’s stock valued at $6,243,000 after purchasing an additional 950 shares during the period. Institutional investors and hedge funds own 67.15% of the company’s stock.

Dillard’s Stock Performance

Shares of DDS stock opened at $500.42 on Wednesday. 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’s fifty day moving average price is $453.76 and its two-hundred day moving average price is $406.03. The firm has a market capitalization of $7.96 billion, a P/E ratio of 12.88 and a beta of 0.88. Dillard’s, Inc. has a 12 month low of $328.00 and a 12 month high of $501.41.

Dillard’s Dividend Announcement

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

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at Dillard’s

In other Dillard’s news, VP Tom W. Bolin sold 300 shares of the company’s stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total value of $130,035.00. Following the transaction, the vice president now directly owns 1,167 shares of the company’s stock, valued at $505,836.15. This represents a 20.45 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 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.