1,180 Shares in Dillard’s, Inc. $DDS Acquired by Inceptionr LLC

Inceptionr LLC bought a new stake in shares of Dillard’s, Inc. (NYSE:DDS) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,180 shares of the company’s stock, valued at approximately $675,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in DDS. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Dillard’s by 28,394.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 226,529 shares of the company’s stock worth $137,354,000 after acquiring an additional 225,734 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of Dillard’s by 12.4% in the 4th quarter. AQR Capital Management LLC now owns 116,577 shares of the company’s stock worth $70,686,000 after purchasing an additional 12,863 shares in the last quarter. Gotham Asset Management LLC raised its holdings in Dillard’s by 10.7% in the 4th quarter. Gotham Asset Management LLC now owns 73,642 shares of the company’s stock worth $44,652,000 after purchasing an additional 7,123 shares during the period. UBS Group AG raised its holdings in Dillard’s by 27.7% in the 4th quarter. UBS Group AG now owns 67,895 shares of the company’s stock worth $41,167,000 after purchasing an additional 14,718 shares during the period. Finally, Goldman Sachs Group Inc. lifted its position in Dillard’s by 75.6% during the first quarter. Goldman Sachs Group Inc. now owns 66,142 shares of the company’s stock valued at $23,687,000 after purchasing an additional 28,468 shares in the last quarter. 67.15% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Dillard’s news, Director J C. Watts, Jr. sold 400 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $609.18, for a total value of $243,672.00. Following the completion of the transaction, the director directly owned 10,150 shares in the company, valued at $6,183,177. This represents a 3.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 34.80% of the company’s stock.

Dillard’s Trading Up 1.4%

Shares of Dillard’s stock opened at $568.95 on Friday. The company has a market capitalization of $8.89 billion, a P/E ratio of 13.53 and a beta of 1.15. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.20 and a current ratio of 2.37. The company has a fifty day moving average of $563.04 and a 200 day moving average of $593.31. Dillard’s, Inc. has a fifty-two week low of $449.64 and a fifty-two week high of $741.97.

Dillard’s (NYSE:DDS) last issued its quarterly earnings results on Thursday, May 14th. The company reported $16.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $10.13 by $5.91. The business had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.55 billion. Dillard’s had a return on equity of 31.43% and a net margin of 10.09%.Dillard’s’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $10.39 EPS. On average, sell-side analysts anticipate that Dillard’s, Inc. will post 35.26 earnings per share for the current fiscal year.

Dillard’s Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Tuesday, June 30th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.20 dividend on an annualized basis and a yield of 0.2%. Dillard’s’s payout ratio is currently 2.85%.

Analysts Set New Price Targets

Several analysts have issued reports on DDS shares. Weiss Ratings lowered Dillard’s from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 23rd. Zacks Research raised Dillard’s from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 29th. Wall Street Zen cut Dillard’s from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. Finally, UBS Group lifted their price objective on Dillard’s from $460.00 to $465.00 and gave the company a “sell” rating in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $521.33.

About Dillard’s

Dillard’s, Inc (NYSE:DDS), headquartered in Little Rock, Arkansas, is a U.S.-based department store chain founded by William T. Dillard in 1938. Over more than eight decades of operation, the company has grown from a single store in Nashville, Arkansas, to a prominent retailer with a national footprint. Dillard’s equity is publicly traded on the New York Stock Exchange under the ticker DDS.

The company operates approximately 280 departmental stores across 29 states, offering a broad assortment of merchandise that includes men’s and women’s apparel, accessories, cosmetics, footwear, and home furnishings.