7,860 Shares in Dillard’s, Inc. (DDS) Purchased by Crossmark Global Holdings Inc.
Crossmark Global Holdings Inc. purchased a new position in Dillard’s, Inc. (NYSE:DDS) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 7,860 shares of the company’s stock, valued at approximately $441,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. QS Investors LLC boosted its holdings in Dillard’s by 0.7% in the 2nd quarter. QS Investors LLC now owns 1,798 shares of the company’s stock worth $104,000 after acquiring an additional 12 shares during the period. Aperio Group LLC boosted its holdings in Dillard’s by 0.5% in the 2nd quarter. Aperio Group LLC now owns 14,433 shares of the company’s stock worth $833,000 after acquiring an additional 74 shares during the period. Wedge Capital Management L L P NC boosted its holdings in Dillard’s by 3.3% in the 2nd quarter. Wedge Capital Management L L P NC now owns 6,857 shares of the company’s stock worth $396,000 after acquiring an additional 216 shares during the period. LS Investment Advisors LLC boosted its holdings in Dillard’s by 16.4% in the 2nd quarter. LS Investment Advisors LLC now owns 1,995 shares of the company’s stock worth $115,000 after acquiring an additional 281 shares during the period. Finally, Capstone Asset Management Co. boosted its holdings in Dillard’s by 4.2% in the 2nd quarter. Capstone Asset Management Co. now owns 7,860 shares of the company’s stock worth $453,000 after acquiring an additional 320 shares during the period. Hedge funds and other institutional investors own 92.25% of the company’s stock.
In related news, Director J C. Watts, Jr. sold 450 shares of the company’s stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $60.30, for a total transaction of $27,135.00. Following the sale, the director now directly owns 8,200 shares of the company’s stock, valued at approximately $494,460. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 26.63% of the company’s stock.
DDS has been the subject of a number of analyst reports. BidaskClub upgraded Dillard’s from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 1st. ValuEngine upgraded Dillard’s from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research cut Dillard’s from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 10th. TheStreet upgraded Dillard’s from a “c” rating to a “b-” rating in a research note on Tuesday, August 8th. Finally, Deutsche Bank AG increased their target price on Dillard’s from $39.00 to $42.00 and gave the company a “sell” rating in a research note on Tuesday, August 8th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. Dillard’s currently has a consensus rating of “Hold” and a consensus target price of $48.25.
Dillard’s, Inc. (DDS) opened at $52.53 on Wednesday. The company has a market capitalization of $1,572.65, a P/E ratio of 14.26, a PEG ratio of 6.02 and a beta of 1.16. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.14 and a current ratio of 1.42. Dillard’s, Inc. has a one year low of $45.51 and a one year high of $83.44.
Dillard’s (NYSE:DDS) last released its earnings results on Thursday, November 9th. The company reported $0.41 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.07. The company had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.35 billion. Dillard’s had a return on equity of 7.40% and a net margin of 1.92%. The business’s revenue was down .7% on a year-over-year basis. During the same period in the prior year, the business posted $0.67 EPS. sell-side analysts anticipate that Dillard’s, Inc. will post 3.5 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, February 5th. Stockholders of record on Friday, December 29th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.76%. The ex-dividend date is Thursday, December 28th. Dillard’s’s dividend payout ratio (DPR) is currently 10.64%.
Dillard’s, Inc is a retailer of fashion apparel, cosmetics and home furnishing. As of January 28, 2017, the Company operated 293 Dillard’s stores, including 25 clearance centers, and an Internet store offering a selection of merchandise, including fashion apparel for women, men and children, accessories, cosmetics, home furnishings and other consumer goods.
Want to see what other hedge funds are holding DDS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dillard’s, Inc. (NYSE:DDS).
Receive News & Ratings for Dillard's Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dillard's Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.