Dillard’s, Inc. (NYSE:DDS) Shares Bought by Martingale Asset Management L P

Martingale Asset Management L P boosted its stake in shares of Dillard’s, Inc. (NYSE:DDS) by 24.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,762 shares of the company’s stock after buying an additional 930 shares during the quarter. Martingale Asset Management L P’s holdings in Dillard’s were worth $1,827,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DDS. Atlantic Edge Private Wealth Management LLC acquired a new stake in Dillard’s in the 2nd quarter valued at about $26,000. Capital Performance Advisors LLP acquired a new stake in Dillard’s in the 3rd quarter valued at about $29,000. US Bancorp DE grew its stake in Dillard’s by 61.3% in the 3rd quarter. US Bancorp DE now owns 129 shares of the company’s stock valued at $49,000 after acquiring an additional 49 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Dillard’s in the third quarter valued at approximately $70,000. Finally, Point72 Hong Kong Ltd grew its position in shares of Dillard’s by 430.3% in the second quarter. Point72 Hong Kong Ltd now owns 175 shares of the company’s stock valued at $77,000 after purchasing an additional 142 shares during the last quarter. 67.15% of the stock is currently owned by institutional investors and hedge funds.

Dillard’s Stock Down 1.0 %

Shares of NYSE DDS opened at $443.12 on Monday. Dillard’s, Inc. has a 1 year low of $328.00 and a 1 year high of $476.48. The firm’s 50 day moving average price is $394.05 and its 200 day moving average price is $397.68. The firm has a market cap of $7.17 billion, a P/E ratio of 11.41 and a beta of 0.86. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.38.

Dillard’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Tuesday, December 31st will be issued a dividend of $25.00 per share. This represents a $100.00 annualized dividend and a dividend yield of 22.57%. The ex-dividend date of this dividend is Tuesday, December 31st. Dillard’s’s dividend payout ratio (DPR) is 2.57%.

Analyst Upgrades and Downgrades

DDS has been the topic of several research reports. Telsey Advisory Group increased their price target on shares of Dillard’s from $380.00 to $450.00 and gave the company a “market perform” rating in a research report on Friday, November 15th. UBS Group increased their target price on Dillard’s from $194.00 to $198.00 and gave the company a “sell” rating in a report on Friday, November 15th. Finally, StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a research note on Friday, November 15th.

Dillard’s Profile

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.