Dillard’s, Inc. $DDS Stock Holdings Lessened by Horrell Capital Management Inc.

Horrell Capital Management Inc. trimmed its position in Dillard’s, Inc. (NYSE:DDS) by 4.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,288 shares of the company’s stock after selling 866 shares during the period. Dillard’s accounts for 6.9% of Horrell Capital Management Inc.’s investment portfolio, making the stock its 3rd biggest position. Horrell Capital Management Inc. owned about 0.12% of Dillard’s worth $12,923,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of DDS. Farther Finance Advisors LLC increased its stake in Dillard’s by 33.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 151 shares of the company’s stock worth $101,000 after purchasing an additional 38 shares during the period. Tidal Investments LLC boosted its position in Dillard’s by 26.1% during the 2nd quarter. Tidal Investments LLC now owns 3,003 shares of the company’s stock valued at $1,587,000 after acquiring an additional 621 shares in the last quarter. WINTON GROUP Ltd bought a new stake in shares of Dillard’s during the second quarter valued at approximately $233,000. Integrated Wealth Concepts LLC bought a new position in shares of Dillard’s in the 2nd quarter worth about $69,000. Finally, NewEdge Advisors LLC raised its stake in Dillard’s by 4.1% during the second quarter. NewEdge Advisors LLC now owns 1,408 shares of the company’s stock valued at $744,000 after buying an additional 56 shares during the last quarter. 67.15% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DDS has been the subject of a number of recent research reports. Zacks Research downgraded Dillard’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Wall Street Zen downgraded shares of Dillard’s from a “buy” rating to a “hold” rating in a report on Saturday, September 12th. JPMorgan Chase & Co. raised their price objective on shares of Dillard’s from $496.00 to $519.00 and gave the stock an “underweight” rating in a research note on Monday, August 17th. Weiss Ratings lowered shares of Dillard’s from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, September 8th. Finally, UBS Group increased their price objective on Dillard’s from $465.00 to $468.00 and gave the company a “sell” rating in a report on Monday, August 17th. Three research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Dillard’s presently has a consensus rating of “Reduce” and an average target price of $545.67.

Dillard’s Trading Down 0.1%

Dillard’s stock traded down $0.56 during mid-day trading on Thursday, hitting $648.82. The company’s stock had a trading volume of 157,865 shares, compared to its average volume of 139,023. The company has a current ratio of 3.03, a quick ratio of 1.58 and a debt-to-equity ratio of 0.16. The stock’s fifty day moving average is $634.52 and its two-hundred day moving average is $592.54. Dillard’s, Inc. has a 1 year low of $503.06 and a 1 year high of $741.97. The firm has a market capitalization of $10.13 billion, a PE ratio of 14.86 and a beta of 1.11.

Dillard’s (NYSE:DDS) last released its earnings results on Thursday, August 13th. The company reported $6.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.29 by $1.96. The company had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.52 billion. Dillard’s had a net margin of 10.48% and a return on equity of 31.88%. On average, analysts anticipate that Dillard’s, Inc. will post 35.5 EPS for the current year.

Dillard’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.30 per share. The ex-dividend date is Wednesday, September 30th. This represents a $1.20 dividend on an annualized basis and a yield of 0.2%. Dillard’s’s payout ratio is presently 2.75%.

Dillard’s Company Profile

Dillard’s, Inc is an American department store retailer that sells fashion apparel, accessories, cosmetics, home furnishings and other merchandise. Its offerings include products for women, men and children, as well as footwear, jewelry, beauty products and home goods. The company also operates an e-commerce business through its website.

Founded in 1938 by William T. Dillard, the company grew from a single store into a national department store chain through organic expansion and acquisitions.