Tower Research Capital LLC TRC Has $482,000 Stock Position in Dillard’s, Inc. (NYSE:DDS)

Tower Research Capital LLC TRC lowered its position in Dillard’s, Inc. (NYSE:DDS) by 57.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,117 shares of the company’s stock after selling 1,520 shares during the period. Tower Research Capital LLC TRC’s holdings in Dillard’s were worth $482,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. PNC Financial Services Group Inc. lifted its holdings in shares of Dillard’s by 177.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 61 shares of the company’s stock worth $26,000 after purchasing an additional 39 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new position in Dillard’s during the fourth quarter worth $36,000. KBC Group NV raised its holdings in Dillard’s by 85.3% during the fourth quarter. KBC Group NV now owns 215 shares of the company’s stock worth $93,000 after buying an additional 99 shares during the last quarter. US Bancorp DE lifted its stake in shares of Dillard’s by 102.3% in the fourth quarter. US Bancorp DE now owns 261 shares of the company’s stock valued at $113,000 after buying an additional 132 shares in the last quarter. Finally, Covestor Ltd grew its holdings in shares of Dillard’s by 75.3% during the fourth quarter. Covestor Ltd now owns 284 shares of the company’s stock valued at $122,000 after buying an additional 122 shares during the last quarter. Institutional investors own 67.15% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. UBS Group raised their price target on shares of Dillard’s from $200.00 to $202.00 and gave the company a “sell” rating in a research report on Friday, February 28th. Telsey Advisory Group restated a “market perform” rating and issued a $450.00 target price on shares of Dillard’s in a report on Wednesday, February 26th. Finally, StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a research report on Tuesday.

Dillard’s Stock Up 1.3 %

Dillard’s stock opened at $344.40 on Wednesday. Dillard’s, Inc. has a fifty-two week low of $282.24 and a fifty-two week high of $510.00. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.38. The firm’s 50-day simple moving average is $354.95 and its 200 day simple moving average is $409.61. The stock has a market cap of $5.48 billion, a PE ratio of 8.86 and a beta of 0.66.

Dillard’s (NYSE:DDS) last announced its earnings results on Tuesday, February 25th. The company reported $13.48 earnings per share for the quarter, topping analysts’ consensus estimates of $9.84 by $3.64. The firm had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.49 billion. Dillard’s had a return on equity of 32.13% and a net margin of 9.55%. The company’s revenue was down 5.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $15.44 EPS. Research analysts predict that Dillard’s, Inc. will post 33.25 EPS for the current fiscal year.

Dillard’s Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 5th. Shareholders of record on Monday, March 31st will be paid a $0.25 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.00 dividend on an annualized basis and a yield of 0.29%. Dillard’s’s dividend payout ratio (DPR) is presently 2.71%.

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.