Fox Run Management L.L.C. Makes New $673,000 Investment in Dillard’s, Inc. (NYSE:DDS)

Fox Run Management L.L.C. purchased a new stake in shares of Dillard’s, Inc. (NYSE:DDS) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,558 shares of the company’s stock, valued at approximately $673,000.

A number of other institutional investors and hedge funds have also bought and sold shares of DDS. PNC Financial Services Group Inc. increased 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. KBC Group NV grew its position in Dillard’s by 85.3% in the 4th quarter. KBC Group NV now owns 215 shares of the company’s stock worth $93,000 after purchasing an additional 99 shares during the period. US Bancorp DE increased its position in Dillard’s by 102.3% during the fourth quarter. US Bancorp DE now owns 261 shares of the company’s stock valued at $113,000 after acquiring an additional 132 shares during the last quarter. Grove Street Fiduciary LLC purchased a new stake in Dillard’s in the fourth quarter worth about $222,000. Finally, Blue Trust Inc. raised its stake in Dillard’s by 20.7% during the 4th quarter. Blue Trust Inc. now owns 518 shares of the company’s stock worth $224,000 after acquiring an additional 89 shares during the period. 67.15% of the stock is currently owned by institutional investors.

Insider Activity

In other news, VP Tom W. Bolin sold 300 shares of the company’s stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total transaction of $130,035.00. Following the transaction, the vice president now directly owns 1,167 shares of the company’s stock, valued at approximately $505,836.15. This represents a 20.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 33.80% of the company’s stock.

Dillard’s Price Performance

Shares of DDS stock opened at $375.00 on Tuesday. The firm has a market capitalization of $5.96 billion, a P/E ratio of 9.65 and a beta of 0.89. Dillard’s, Inc. has a 52-week low of $328.00 and a 52-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 stock has a 50 day moving average price of $436.83 and a 200 day moving average price of $416.80.

Dillard’s (NYSE:DDS) last posted its quarterly earnings results on Tuesday, February 25th. The company reported $13.48 earnings per share for the quarter, beating 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 firm had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same quarter in the previous year, the firm posted $15.44 earnings per share. The company’s 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 earnings per share for the current year.

Dillard’s Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.27%. Dillard’s’s dividend payout ratio is presently 2.71%.

Wall Street Analyst Weigh In

DDS has been the topic of a number of recent analyst reports. StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a report on Wednesday, March 19th. UBS Group upped their price target on shares of Dillard’s from $200.00 to $202.00 and gave the company a “sell” rating in a research note on Friday, February 28th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and issued a $450.00 price objective on shares of Dillard’s in a research note on Wednesday, February 26th.

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.