Fort Sheridan Advisors LLC Acquires 1,018 Shares of Dillard’s, Inc. (NYSE:DDS)

Fort Sheridan Advisors LLC increased its holdings in shares of Dillard’s, Inc. (NYSE:DDS) by 29.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,420 shares of the company’s stock after acquiring an additional 1,018 shares during the quarter. Fort Sheridan Advisors LLC’s holdings in Dillard’s were worth $1,908,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Creative Planning raised its position in shares of Dillard’s by 49.7% in the third quarter. Creative Planning now owns 1,500 shares of the company’s stock valued at $576,000 after purchasing an additional 498 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in Dillard’s by 11.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 455 shares of the company’s stock valued at $175,000 after acquiring an additional 45 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Dillard’s during the third quarter worth approximately $70,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Dillard’s by 70.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,176 shares of the company’s stock worth $451,000 after acquiring an additional 488 shares during the period. Finally, US Bancorp DE grew its position in shares of Dillard’s by 61.3% in the third quarter. US Bancorp DE now owns 129 shares of the company’s stock valued at $49,000 after purchasing an additional 49 shares during the last quarter. Institutional investors own 67.15% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on DDS. StockNews.com cut Dillard’s from a “buy” rating to a “hold” rating in a report on Tuesday. Telsey Advisory Group reissued a “market perform” rating and issued a $450.00 target price on shares of Dillard’s in a research report on Wednesday. Finally, UBS Group upped their price target on shares of Dillard’s from $196.00 to $200.00 and gave the company a “sell” rating in a research note on Wednesday, February 19th.

Dillard’s Trading Down 8.5 %

Shares of DDS stock opened at $399.31 on Friday. The stock has a market cap of $6.35 billion, a P/E ratio of 10.28 and a beta of 0.88. Dillard’s, Inc. has a 1 year low of $328.00 and a 1 year high of $510.00. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27. The stock has a 50 day simple moving average of $464.08 and a 200 day simple moving average of $414.45.

Dillard’s (NYSE:DDS) last released its earnings results on Tuesday, February 25th. The company reported $13.48 earnings per share for the quarter, beating analysts’ consensus estimates of $9.84 by $3.64. The firm had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.49 billion. Dillard’s had a return on equity of 32.13% and a net margin of 9.55%. The company’s revenue was down 5.0% compared to the same quarter last year. During the same period in the prior year, the company posted $15.44 EPS. On average, research analysts predict that Dillard’s, Inc. will post 33.25 earnings per share for the current fiscal year.

Dillard’s Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 5th. Shareholders of record on Monday, March 31st will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.25%. Dillard’s’s dividend payout ratio is currently 2.71%.

Insider Buying and Selling at Dillard’s

In other news, VP Tom W. Bolin sold 300 shares of Dillard’s stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total value of $130,035.00. Following the transaction, the vice president now owns 1,167 shares in the company, valued at approximately $505,836.15. This trade represents a 20.45 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 33.80% of the company’s stock.

Dillard’s Profile

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.