Blue Trust Inc. Purchases 106 Shares of Dillard’s, Inc. (NYSE:DDS)

Blue Trust Inc. boosted its holdings in shares of Dillard’s, Inc. (NYSE:DDS) by 45.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 341 shares of the company’s stock after acquiring an additional 106 shares during the quarter. Blue Trust Inc.’s holdings in Dillard’s were worth $161,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in DDS. Unison Advisors LLC lifted its stake in shares of Dillard’s by 4.9% in the 2nd quarter. Unison Advisors LLC now owns 7,799 shares of the company’s stock valued at $3,437,000 after purchasing an additional 365 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of Dillard’s by 31.0% in the second quarter. SG Americas Securities LLC now owns 330 shares of the company’s stock worth $145,000 after buying an additional 78 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of Dillard’s during the 1st quarter worth about $403,000. Comerica Bank increased its holdings in shares of Dillard’s by 10.0% during the 1st quarter. Comerica Bank now owns 7,428 shares of the company’s stock valued at $3,503,000 after acquiring an additional 673 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its stake in shares of Dillard’s by 1.3% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 99,225 shares of the company’s stock valued at $46,798,000 after acquiring an additional 1,265 shares in the last quarter. 67.15% of the stock is currently owned by institutional investors and hedge funds.

Dillard’s Price Performance

NYSE DDS opened at $348.63 on Tuesday. The stock has a 50-day simple moving average of $410.37 and a 200 day simple moving average of $422.40. Dillard’s, Inc. has a twelve month low of $286.39 and a twelve month high of $476.48. The stock has a market capitalization of $5.66 billion, a PE ratio of 7.92 and a beta of 0.90. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.17 and a current ratio of 2.40.

Dillard’s (NYSE:DDS) last issued its quarterly earnings results on Thursday, August 15th. The company reported $4.59 EPS for the quarter, missing analysts’ consensus estimates of $5.97 by ($1.38). Dillard’s had a return on equity of 38.66% and a net margin of 10.68%. The business had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same quarter last year, the firm earned $7.98 earnings per share. The firm’s quarterly revenue was down 6.7% compared to the same quarter last year. Research analysts anticipate that Dillard’s, Inc. will post 34.47 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on DDS shares. Telsey Advisory Group decreased their target price on Dillard’s from $475.00 to $380.00 and set a “market perform” rating for the company in a research report on Friday. UBS Group lowered their target price on shares of Dillard’s from $202.00 to $194.00 and set a “sell” rating on the stock in a research note on Friday.

Insiders Place Their Bets

In related news, Director Robert C. Connor bought 100 shares of Dillard’s stock in a transaction that occurred on Monday, August 19th. The stock was acquired at an average price of $346.82 per share, for a total transaction of $34,682.00. Following the completion of the purchase, the director now owns 78,000 shares in the company, valued at $27,051,960. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 33.80% of the company’s stock.

Dillard’s Company 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.