Gotham Asset Management LLC Has $11.47 Million Stock Position in Dillard’s, Inc. (NYSE:DDS)

Gotham Asset Management LLC grew its holdings in shares of Dillard’s, Inc. (NYSE:DDS) by 218.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,569 shares of the company’s stock after purchasing an additional 18,221 shares during the quarter. Gotham Asset Management LLC’s holdings in Dillard’s were worth $11,471,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Pacer Advisors Inc. raised its holdings in Dillard’s by 7.7% during the fourth quarter. Pacer Advisors Inc. now owns 352,006 shares of the company’s stock valued at $151,975,000 after buying an additional 25,212 shares in the last quarter. Allianz Asset Management GmbH raised its stake in shares of Dillard’s by 10.5% in the 4th quarter. Allianz Asset Management GmbH now owns 211,561 shares of the company’s stock valued at $91,339,000 after acquiring an additional 20,155 shares in the last quarter. Beacon Pointe Advisors LLC raised its stake in shares of Dillard’s by 0.3% in the 4th quarter. Beacon Pointe Advisors LLC now owns 152,756 shares of the company’s stock valued at $65,951,000 after acquiring an additional 480 shares in the last quarter. Clientfirst Wealth Management LLC bought a new stake in Dillard’s during the fourth quarter worth approximately $48,873,000. Finally, First Trust Advisors LP grew its holdings in Dillard’s by 47.0% during the fourth quarter. First Trust Advisors LP now owns 81,779 shares of the company’s stock valued at $35,307,000 after purchasing an additional 26,132 shares during the last quarter. Institutional investors and hedge funds own 67.15% of the company’s stock.

Dillard’s Stock Performance

Shares of DDS stock opened at $362.21 on Monday. The firm has a market capitalization of $5.76 billion, a P/E ratio of 9.32 and a beta of 0.96. Dillard’s, Inc. has a 1 year low of $282.24 and a 1 year high of $510.00. The firm’s fifty day simple moving average is $344.09 and its 200 day simple moving average is $408.31. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27.

Dillard’s (NYSE:DDS) last posted its quarterly earnings results on Tuesday, February 25th. The company reported $13.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.84 by $3.64. Dillard’s had a net margin of 9.55% and a return on equity of 32.13%. The company had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same period last year, the business posted $15.44 EPS. The business’s quarterly revenue was down 5.0% on a year-over-year basis. As a group, sell-side analysts predict that Dillard’s, Inc. will post 33.25 EPS for the current year.

Dillard’s Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, May 5th. Investors of record on Monday, March 31st were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.00 annualized dividend and a yield of 0.28%. Dillard’s’s dividend payout ratio is 2.71%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on DDS shares. Telsey Advisory Group reiterated a “market perform” rating and issued a $450.00 target price on shares of Dillard’s in a research note on Wednesday, February 26th. UBS Group raised their price target on Dillard’s from $200.00 to $202.00 and gave the company a “sell” rating in a research report on Friday, February 28th. Finally, StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a research report on Tuesday, April 29th.

Dillard’s Company 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.