Dillard’s, Inc. $DDS Shares Sold by One Wealth Advisors LLC

One Wealth Advisors LLC lowered its position in shares of Dillard’s, Inc. (NYSE:DDS) by 3.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 800 shares of the company’s stock after selling 25 shares during the period. One Wealth Advisors LLC’s holdings in Dillard’s were worth $334,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. US Bancorp DE grew its stake in shares of Dillard’s by 12.3% during the first quarter. US Bancorp DE now owns 293 shares of the company’s stock worth $105,000 after purchasing an additional 32 shares in the last quarter. Inspire Investing LLC grew its stake in shares of Dillard’s by 3.5% during the first quarter. Inspire Investing LLC now owns 959 shares of the company’s stock worth $343,000 after purchasing an additional 32 shares in the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of Dillard’s by 3.5% during the first quarter. Sequoia Financial Advisors LLC now owns 1,047 shares of the company’s stock worth $375,000 after purchasing an additional 35 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in Dillard’s by 62.3% in the first quarter. PNC Financial Services Group Inc. now owns 99 shares of the company’s stock valued at $35,000 after acquiring an additional 38 shares during the last quarter. Finally, Signaturefd LLC lifted its position in Dillard’s by 26.2% in the first quarter. Signaturefd LLC now owns 284 shares of the company’s stock valued at $102,000 after acquiring an additional 59 shares during the last quarter. Institutional investors and hedge funds own 67.15% of the company’s stock.

Wall Street Analysts Forecast Growth

DDS has been the subject of a number of research reports. JPMorgan Chase & Co. boosted their price target on shares of Dillard’s from $368.00 to $458.00 and gave the company an “underweight” rating in a research report on Monday, July 28th. Wall Street Zen cut shares of Dillard’s from a “buy” rating to a “hold” rating in a research report on Saturday, August 30th. Zacks Research cut shares of Dillard’s from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. Telsey Advisory Group boosted their price target on shares of Dillard’s from $450.00 to $550.00 and gave the company a “market perform” rating in a research report on Friday, August 15th. Finally, UBS Group boosted their price target on shares of Dillard’s from $170.00 to $175.00 and gave the company a “sell” rating in a research report on Friday, August 15th. Two research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Dillard’s has an average rating of “Reduce” and an average target price of $394.33.

Dillard’s Price Performance

Shares of NYSE:DDS opened at $614.11 on Wednesday. The company has a 50-day simple moving average of $537.74 and a 200-day simple moving average of $437.15. Dillard’s, Inc. has a one year low of $282.24 and a one year high of $629.27. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.41 and a current ratio of 2.68. The stock has a market capitalization of $9.60 billion, a price-to-earnings ratio of 16.94 and a beta of 0.99.

Dillard’s (NYSE:DDS) last announced its earnings results on Thursday, August 14th. The company reported $4.66 EPS for the quarter, beating analysts’ consensus estimates of $3.79 by $0.87. Dillard’s had a net margin of 8.87% and a return on equity of 30.55%. The business had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. During the same period in the prior year, the company earned $11.09 earnings per share. The business’s revenue was up 1.6% compared to the same quarter last year. On average, analysts predict that Dillard’s, Inc. will post 33.25 EPS for the current year.

Dillard’s Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Tuesday, September 30th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This is a positive change from Dillard’s’s previous quarterly dividend of $0.25. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.2%. Dillard’s’s dividend payout ratio is currently 2.76%.

Dillard’s 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.