Tidal Investments LLC Boosts Stock Holdings in Dillard’s, Inc. (NYSE:DDS)

Tidal Investments LLC boosted its stake in Dillard’s, Inc. (NYSE:DDS) by 3.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,854 shares of the company’s stock after purchasing an additional 157 shares during the quarter. Tidal Investments LLC’s holdings in Dillard’s were worth $1,862,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Frank Rimerman Advisors LLC bought a new stake in shares of Dillard’s in the third quarter worth about $611,000. Pacer Advisors Inc. purchased a new position in Dillard’s during the 3rd quarter valued at approximately $125,388,000. Quantbot Technologies LP increased its stake in Dillard’s by 49.3% in the 3rd quarter. Quantbot Technologies LP now owns 5,659 shares of the company’s stock worth $2,171,000 after acquiring an additional 1,868 shares during the last quarter. Millennium Management LLC raised its holdings in shares of Dillard’s by 38.4% during the 2nd quarter. Millennium Management LLC now owns 29,030 shares of the company’s stock worth $12,785,000 after acquiring an additional 8,051 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its position in shares of Dillard’s by 229.1% during the 3rd quarter. Victory Capital Management Inc. now owns 18,249 shares of the company’s stock valued at $7,002,000 after acquiring an additional 12,704 shares during the last quarter. Institutional investors own 67.15% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on DDS. Telsey Advisory Group upped 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 note on Friday, November 15th. StockNews.com upgraded shares of Dillard’s from a “hold” rating to a “buy” rating in a research report on Friday, November 15th. Finally, UBS Group increased their price target on shares of Dillard’s from $194.00 to $198.00 and gave the company a “sell” rating in a report on Friday, November 15th.

Dillard’s Stock Performance

NYSE DDS opened at $426.26 on Tuesday. The business’s 50 day moving average price is $407.67 and its 200-day moving average price is $397.94. Dillard’s, Inc. has a fifty-two week low of $328.00 and a fifty-two week high of $476.48. The company has a market cap of $6.78 billion, a P/E ratio of 10.97 and a beta of 0.89. 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 company also recently disclosed a dividend, which will be paid on Monday, January 6th. Shareholders of record on Monday, December 16th will be given a dividend of $25.00 per share. This represents a yield of 5.68%. The ex-dividend date of this dividend is Friday, December 13th. Dillard’s’s dividend payout ratio (DPR) is 2.57%.

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.