Nisa Investment Advisors LLC Buys 150 Shares of Dillard’s, Inc. (NYSE:DDS)

Nisa Investment Advisors LLC lifted its stake in shares of Dillard’s, Inc. (NYSE:DDS) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,352 shares of the company’s stock after acquiring an additional 150 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Dillard’s were worth $5,793,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Lazard Asset Management LLC boosted its stake in Dillard’s by 15.0% during the 2nd quarter. Lazard Asset Management LLC now owns 238 shares of the company’s stock valued at $77,000 after purchasing an additional 31 shares during the period. Federated Hermes Inc. boosted its stake in Dillard’s by 55.0% during the 3rd quarter. Federated Hermes Inc. now owns 93 shares of the company’s stock valued at $25,000 after purchasing an additional 33 shares during the period. Stifel Financial Corp boosted its stake in Dillard’s by 1.5% during the 2nd quarter. Stifel Financial Corp now owns 3,033 shares of the company’s stock valued at $990,000 after purchasing an additional 44 shares during the period. IFP Advisors Inc boosted its stake in Dillard’s by 52.9% during the 2nd quarter. IFP Advisors Inc now owns 133 shares of the company’s stock valued at $43,000 after purchasing an additional 46 shares during the period. Finally, Baird Financial Group Inc. boosted its stake in Dillard’s by 1.3% during the 4th quarter. Baird Financial Group Inc. now owns 4,050 shares of the company’s stock valued at $1,310,000 after purchasing an additional 51 shares during the period. Institutional investors own 67.15% of the company’s stock.

Insider Transactions at Dillard’s

In related news, Director J C. Watts, Jr. sold 1,000 shares of the firm’s stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of $382.55, for a total transaction of $382,550.00. Following the completion of the sale, the director now directly owns 11,900 shares of the company’s stock, valued at approximately $4,552,345. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director J C. Watts, Jr. sold 500 shares of the firm’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $411.21, for a total transaction of $205,605.00. Following the completion of the sale, the director now directly owns 11,400 shares of the company’s stock, valued at approximately $4,687,794. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director J C. Watts, Jr. sold 1,000 shares of the stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of $382.55, for a total value of $382,550.00. Following the completion of the transaction, the director now owns 11,900 shares in the company, valued at $4,552,345. The disclosure for this sale can be found here. 32.50% of the stock is currently owned by insiders.

Dillard’s Trading Down 0.6 %

Shares of DDS opened at $420.86 on Thursday. Dillard’s, Inc. has a 1 year low of $272.58 and a 1 year high of $476.48. The company has a current ratio of 2.67, a quick ratio of 1.35 and a debt-to-equity ratio of 0.31. The stock has a 50 day simple moving average of $423.24 and a 200-day simple moving average of $376.53. The stock has a market cap of $6.83 billion, a PE ratio of 9.40 and a beta of 0.95.

Dillard’s (NYSE:DDS) last issued its earnings results on Monday, February 26th. The company reported $13.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $11.59 by $2.10. Dillard’s had a return on equity of 40.90% and a net margin of 10.94%. The business had revenue of $2.12 billion during the quarter, compared to analysts’ expectations of $2.08 billion. On average, sell-side analysts predict that Dillard’s, Inc. will post 32.59 EPS for the current fiscal year.

Dillard’s Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 6th. Stockholders of record on Thursday, March 28th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.24%. Dillard’s’s payout ratio is presently 2.23%.

Analysts Set New Price Targets

A number of brokerages have commented on DDS. StockNews.com upgraded Dillard’s from a “hold” rating to a “buy” rating in a research report on Saturday, January 13th. Telsey Advisory Group raised their price objective on Dillard’s from $330.00 to $450.00 and gave the stock a “market perform” rating in a research report on Tuesday, February 27th. Finally, UBS Group raised their price objective on Dillard’s from $180.00 to $190.00 and gave the stock a “sell” rating in a research report on Tuesday, February 27th.

About Dillard’s

Dillard's, Inc operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. The company's stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods.