Pacer Advisors Inc. Buys Shares of 326,794 Dillard’s, Inc. (NYSE:DDS)

Pacer Advisors Inc. bought a new stake in Dillard’s, Inc. (NYSE:DDS) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 326,794 shares of the company’s stock, valued at approximately $125,388,000. Pacer Advisors Inc. owned approximately 2.02% of Dillard’s at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Atlantic Edge Private Wealth Management LLC bought a new position in Dillard’s during the second quarter worth $26,000. Capital Performance Advisors LLP bought a new position in Dillard’s during the third quarter worth $29,000. US Bancorp DE raised its stake in Dillard’s by 61.3% during the third quarter. US Bancorp DE now owns 129 shares of the company’s stock worth $49,000 after buying an additional 49 shares during the last quarter. Point72 Hong Kong Ltd raised its stake in Dillard’s by 430.3% during the second quarter. Point72 Hong Kong Ltd now owns 175 shares of the company’s stock worth $77,000 after buying an additional 142 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in Dillard’s during the third quarter worth $70,000. Institutional investors and hedge funds own 67.15% of the company’s stock.

Dillard’s Trading Up 3.2 %

NYSE:DDS opened at $432.48 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02. The firm has a 50-day moving average of $381.19 and a 200-day moving average of $397.58. The company has a market cap of $7.00 billion, a PE ratio of 11.13 and a beta of 0.86. Dillard’s, Inc. has a one year low of $328.00 and a one year high of $476.48.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Telsey Advisory Group lifted their target price on shares of Dillard’s from $380.00 to $450.00 and gave the stock a “market perform” rating in a research note on Friday, November 15th. StockNews.com raised shares of Dillard’s from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Finally, UBS Group lifted their price target on shares of Dillard’s from $194.00 to $198.00 and gave the company a “sell” rating in a research note on Friday, November 15th.

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.