Penserra Capital Management LLC Has $661,000 Stock Holdings in Dillard’s, Inc. (NYSE:DDS)

Penserra Capital Management LLC decreased its stake in shares of Dillard’s, Inc. (NYSE:DDS) by 18.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,725 shares of the company’s stock after selling 402 shares during the period. Penserra Capital Management LLC’s holdings in Dillard’s were worth $661,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in DDS. Vanguard Group Inc. lifted its position in shares of Dillard’s by 15.5% during the first quarter. Vanguard Group Inc. now owns 394,909 shares of the company’s stock worth $186,255,000 after purchasing an additional 52,974 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Dillard’s by 5.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,867 shares of the company’s stock worth $881,000 after buying an additional 97 shares in the last quarter. Comerica Bank boosted its position in Dillard’s by 10.0% in the 1st quarter. Comerica Bank now owns 7,428 shares of the company’s stock valued at $3,503,000 after buying an additional 673 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Dillard’s in the 1st quarter valued at $403,000. Finally, SG Americas Securities LLC raised its position in shares of Dillard’s by 31.0% during the second quarter. SG Americas Securities LLC now owns 330 shares of the company’s stock worth $145,000 after acquiring an additional 78 shares during the last quarter. Institutional investors own 67.15% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. UBS Group raised their price target on Dillard’s from $194.00 to $198.00 and gave the company a “sell” rating in a report on Friday, November 15th. StockNews.com raised shares of Dillard’s from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Finally, Telsey Advisory Group boosted their price target on shares of Dillard’s from $380.00 to $450.00 and gave the stock a “market perform” rating in a research note on Friday, November 15th.

Dillard’s Trading Down 0.6 %

NYSE DDS opened at $447.28 on Thursday. Dillard’s, Inc. has a 12 month low of $328.00 and a 12 month high of $476.48. The stock has a 50-day simple moving average of $390.96 and a 200 day simple moving average of $398.19. 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 company has a market capitalization of $7.24 billion, a PE ratio of 11.51 and a beta of 0.86.

Dillard’s Dividend Announcement

The company also recently declared a dividend, which will be paid on Monday, January 6th. Investors of record on Friday, December 13th will be given a $25.00 dividend. The ex-dividend date is Friday, December 13th. Dillard’s’s dividend payout ratio is 2.57%.

About Dillard’s

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.