Semanteon Capital Management LP Acquires Shares of 1,491 Dillard’s, Inc. (NYSE:DDS)

Semanteon Capital Management LP acquired a new stake in Dillard’s, Inc. (NYSE:DDS) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 1,491 shares of the company’s stock, valued at approximately $644,000.

Other hedge funds also recently bought and sold shares of the company. PNC Financial Services Group Inc. lifted its holdings in shares of Dillard’s by 177.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 61 shares of the company’s stock worth $26,000 after buying an additional 39 shares during the period. KBC Group NV lifted its holdings in shares of Dillard’s by 85.3% in the 4th quarter. KBC Group NV now owns 215 shares of the company’s stock worth $93,000 after buying an additional 99 shares during the period. US Bancorp DE lifted its holdings in shares of Dillard’s by 102.3% in the 4th quarter. US Bancorp DE now owns 261 shares of the company’s stock worth $113,000 after buying an additional 132 shares during the period. Grove Street Fiduciary LLC purchased a new stake in shares of Dillard’s in the 4th quarter worth $222,000. Finally, Blue Trust Inc. lifted its holdings in shares of Dillard’s by 20.7% in the 4th quarter. Blue Trust Inc. now owns 518 shares of the company’s stock worth $224,000 after buying an additional 89 shares during the period. Institutional investors own 67.15% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on DDS shares. Telsey Advisory Group reiterated a “market perform” rating and issued a $450.00 target price on shares of Dillard’s in a report on Wednesday, February 26th. UBS Group upped their price objective on Dillard’s from $200.00 to $202.00 and gave the stock a “sell” rating in a research note on Friday, February 28th. Finally, StockNews.com upgraded Dillard’s from a “hold” rating to a “buy” rating in a research note on Wednesday.

Insider Buying and Selling at Dillard’s

In other Dillard’s news, VP Tom W. Bolin sold 300 shares of the firm’s stock in a transaction that occurred 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 sale, the vice president now directly owns 1,167 shares of the company’s stock, valued at approximately $505,836.15. This trade represents a 20.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 33.80% of the stock is owned by corporate insiders.

Dillard’s Stock Down 1.7 %

Shares of DDS stock opened at $353.37 on Friday. The stock’s 50-day simple moving average is $438.09 and its 200-day simple moving average is $415.64. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.38. The firm has a market capitalization of $5.62 billion, a PE ratio of 9.10 and a beta of 0.89. Dillard’s, Inc. has a fifty-two week low of $328.00 and a fifty-two week high of $510.00.

Dillard’s (NYSE:DDS) last announced its quarterly earnings data 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 business had revenue of $2.05 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the prior year, the company earned $15.44 earnings per share. Equities analysts expect that Dillard’s, Inc. will post 33.25 earnings per share for the current year.

Dillard’s Cuts Dividend

The firm also recently disclosed 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 0.28%. The ex-dividend date is Monday, March 31st. Dillard’s’s payout ratio is currently 2.71%.

About Dillard’s

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.