Metis Global Partners LLC Acquires 182 Shares of Dillard’s, Inc. (NYSE:DDS)

Metis Global Partners LLC increased its holdings in shares of Dillard’s, Inc. (NYSE:DDS) by 25.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 911 shares of the company’s stock after purchasing an additional 182 shares during the period. Metis Global Partners LLC’s holdings in Dillard’s were worth $393,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of DDS. Capital Performance Advisors LLP bought a new position in Dillard’s during the third quarter worth about $29,000. US Bancorp DE grew its holdings 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 purchasing an additional 49 shares during the period. KBC Group NV grew its holdings in Dillard’s by 85.3% during the fourth quarter. KBC Group NV now owns 215 shares of the company’s stock worth $93,000 after purchasing an additional 99 shares during the period. Grove Street Fiduciary LLC bought a new position in Dillard’s during the fourth quarter worth about $222,000. Finally, Blue Trust Inc. boosted its holdings in shares of Dillard’s by 20.7% during the fourth quarter. Blue Trust Inc. now owns 518 shares of the company’s stock worth $224,000 after acquiring an additional 89 shares during the period. Institutional investors own 67.15% of the company’s stock.

Insider Activity

In other Dillard’s news, VP Tom W. Bolin sold 300 shares of the business’s stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of $433.45, for a total transaction of $130,035.00. Following the completion of the transaction, the vice president now directly owns 1,167 shares in the company, valued at $505,836.15. The trade was 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 available at this link. 33.80% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. UBS Group boosted their price objective on Dillard’s from $200.00 to $202.00 and gave the stock a “sell” rating in a report on Friday, February 28th. Telsey Advisory Group restated a “market perform” rating and set a $450.00 price objective on shares of Dillard’s in a report on Wednesday, February 26th. Finally, StockNews.com upgraded Dillard’s from a “hold” rating to a “buy” rating in a report on Wednesday.

Dillard’s Trading Down 1.1 %

Shares of NYSE:DDS opened at $363.45 on Thursday. Dillard’s, Inc. has a 12-month low of $328.00 and a 12-month high of $510.00. The stock has a market cap of $5.78 billion, a PE ratio of 9.36 and a beta of 0.88. The business has a 50 day moving average of $458.10 and a 200-day moving average of $414.61. The company has a quick ratio of 1.02, a current ratio of 2.38 and a debt-to-equity ratio of 0.27.

Dillard’s (NYSE:DDS) last released its quarterly 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. Dillard’s had a net margin of 9.55% and a return on equity of 32.13%. The company had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same period in the previous year, the business earned $15.44 earnings per share. The firm’s quarterly revenue was down 5.0% on a year-over-year basis. As a group, equities research analysts forecast that Dillard’s, Inc. will post 33.25 earnings per share for the current year.

Dillard’s Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Monday, March 31st will be given a $0.25 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.28%. Dillard’s’s payout ratio is 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.