Tom W. Bolin Sells 300 Shares of Dillard’s, Inc. (NYSE:DDS) Stock

Dillard’s, Inc. (NYSE:DDS) VP Tom W. Bolin sold 300 shares of Dillard’s stock in a transaction 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 sale, the vice president now directly owns 1,167 shares of the company’s stock, valued at approximately $505,836.15. The trade was a 20.45 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Dillard’s Trading Up 3.6 %

Shares of NYSE:DDS opened at $451.80 on Thursday. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $7.19 billion, a PE ratio of 11.63 and a beta of 0.89. Dillard’s, Inc. has a 1 year low of $328.00 and a 1 year high of $476.48. The firm has a fifty day moving average price of $438.14 and a 200 day moving average price of $400.48.

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 paid a dividend of $25.00 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a dividend yield of 5.68%. Dillard’s’s dividend payout ratio (DPR) is presently 2.57%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in DDS. State Street Corp lifted its holdings in Dillard’s by 3.7% in 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 last quarter. Frank Rimerman Advisors LLC acquired a new position in Dillard’s during the third quarter valued at approximately $611,000. Pacer Advisors Inc. bought a new position in shares of Dillard’s in the third quarter valued at approximately $125,388,000. Quantbot Technologies LP lifted its stake in shares of Dillard’s by 49.3% in the third quarter. Quantbot Technologies LP now owns 5,659 shares of the company’s stock worth $2,171,000 after buying an additional 1,868 shares during the last quarter. Finally, Stifel Financial Corp lifted its stake in shares of Dillard’s by 10.1% in the third quarter. Stifel Financial Corp now owns 5,105 shares of the company’s stock worth $1,957,000 after buying an additional 467 shares during the last quarter. Institutional investors and hedge funds own 67.15% of the company’s stock.

Wall Street Analysts Forecast Growth

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

About Dillard’s

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.