Dreman Value Management L L C maintained its stake in Dillard’s, Inc. (NYSE:DDS) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,490 shares of the company’s stock at the end of the second quarter. Dreman Value Management L L C’s holdings in Dillard’s were worth $391,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently modified their holdings of DDS. Wells Fargo & Company MN grew its holdings in shares of Dillard’s by 92.3% in the 1st quarter. Wells Fargo & Company MN now owns 21,152 shares of the company’s stock worth $1,106,000 after acquiring an additional 10,151 shares during the last quarter. Comerica Bank purchased a new position in shares of Dillard’s during the first quarter valued at $1,091,000. UBS Asset Management Americas Inc. grew its holdings in shares of Dillard’s by 36.4% during the first quarter. UBS Asset Management Americas Inc. now owns 23,120 shares of the company’s stock valued at $1,208,000 after buying an additional 6,166 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Dillard’s by 849.8% during the first quarter. Ameriprise Financial Inc. now owns 78,837 shares of the company’s stock valued at $4,119,000 after buying an additional 70,537 shares in the last quarter. Finally, Arizona State Retirement System purchased a new position in shares of Dillard’s during the first quarter valued at $549,000. Institutional investors and hedge funds own 94.46% of the company’s stock.
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DDS has been the topic of a number of research analyst reports. BidaskClub downgraded Dillard’s from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. J P Morgan Chase & Co reiterated an “underweight” rating and set a $36.00 price target (down previously from $49.00) on shares of Dillard’s in a report on Thursday, August 10th. Zacks Investment Research downgraded Dillard’s from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 10th. Deutsche Bank AG lifted their price target on Dillard’s from $39.00 to $42.00 and gave the company a “sell” rating in a report on Tuesday, August 8th. Finally, TheStreet upgraded Dillard’s from a “c” rating to a “b-” rating in a report on Tuesday, August 8th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $52.60.
In related news, Director J C. Watts, Jr. sold 450 shares of the firm’s stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of $60.30, for a total transaction of $27,135.00. Following the sale, the director now owns 8,200 shares of the company’s stock, valued at approximately $494,460. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 26.63% of the company’s stock.
Shares of Dillard’s, Inc. (NYSE DDS) traded down 0.20% on Tuesday, hitting $51.05. The stock had a trading volume of 45,392 shares. The company has a market capitalization of $1.48 billion, a P/E ratio of 12.65 and a beta of 1.12. The firm has a 50 day moving average price of $56.77 and a 200 day moving average price of $56.85. Dillard’s, Inc. has a one year low of $45.51 and a one year high of $83.44.
Dillard’s (NYSE:DDS) last issued its quarterly earnings data on Thursday, August 10th. The company reported ($0.58) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.77). The business had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.44 billion. Dillard’s had a return on equity of 7.89% and a net margin of 2.04%. The business’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.35 EPS. On average, equities research analysts predict that Dillard’s, Inc. will post $3.57 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 30th. Investors of record on Friday, September 29th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.78%. The ex-dividend date of this dividend is Thursday, September 28th. This is an increase from Dillard’s’s previous quarterly dividend of $0.07. Dillard’s’s dividend payout ratio (DPR) is presently 10.18%.
Dillard’s Company Profile
Dillard’s, Inc is a retailer of fashion apparel, cosmetics and home furnishing. As of January 28, 2017, the Company operated 293 Dillard’s stores, including 25 clearance centers, and an Internet store offering a selection of merchandise, including fashion apparel for women, men and children, accessories, cosmetics, home furnishings and other consumer goods.
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