Dillard’s, Inc. (NYSE:DDS) Shares Acquired by Stephens Inc. AR

Stephens Inc. AR increased its position in Dillard’s, Inc. (NYSE:DDS) by 3.9% in the fourth quarter, Holdings Channel reports. The firm owned 7,322 shares of the company’s stock after purchasing an additional 275 shares during the quarter. Stephens Inc. AR’s holdings in Dillard’s were worth $3,161,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DDS. Pacer Advisors Inc. grew its position in shares of Dillard’s by 7.7% in the 4th quarter. Pacer Advisors Inc. now owns 352,006 shares of the company’s stock worth $151,975,000 after acquiring an additional 25,212 shares in the last quarter. Clientfirst Wealth Management LLC acquired a new stake in shares of Dillard’s during the 4th quarter valued at approximately $48,873,000. State Street Corp lifted its stake in Dillard’s by 3.7% during the third quarter. State Street Corp now owns 76,515 shares of the company’s stock worth $29,377,000 after purchasing an additional 2,758 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in Dillard’s by 229.1% in the third quarter. Victory Capital Management Inc. now owns 18,249 shares of the company’s stock worth $7,002,000 after purchasing an additional 12,704 shares during the period. Finally, Nisa Investment Advisors LLC increased its stake in Dillard’s by 7.5% during the fourth quarter. Nisa Investment Advisors LLC now owns 13,662 shares of the company’s stock valued at $6,243,000 after purchasing an additional 950 shares during the last quarter. 67.15% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on DDS shares. StockNews.com upgraded shares of Dillard’s from a “hold” rating to a “buy” rating in a research report on Tuesday. Telsey Advisory Group raised their target price on shares of Dillard’s from $380.00 to $450.00 and gave the stock a “market perform” rating in a report on Friday, November 15th. Finally, UBS Group upped 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.

Insider Activity

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

Dillard’s Stock Up 2.2 %

Dillard’s stock opened at $500.42 on Wednesday. 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, Inc. has a one year low of $328.00 and a one year high of $501.41. The company has a 50-day simple moving average of $453.76 and a 200-day simple moving average of $406.03. The firm has a market capitalization of $7.96 billion, a P/E ratio of 12.88 and a beta of 0.88.

Dillard’s Announces Dividend

The company also recently declared a dividend, which was paid on Monday, January 6th. Shareholders of record on Monday, December 16th were paid a $25.00 dividend. The ex-dividend date was Friday, December 13th. This represents a dividend yield of 5.68%. Dillard’s’s payout ratio is currently 2.57%.

About Dillard’s

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.