Metis Global Partners LLC Has $393,000 Stock Position in Dillard’s, Inc. (NYSE:DDS)

Metis Global Partners LLC raised its position in shares of Dillard’s, Inc. (NYSE:DDS) by 25.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in DDS. Wealth Enhancement Advisory Services LLC raised its position in Dillard’s by 70.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,176 shares of the company’s stock valued at $451,000 after purchasing an additional 488 shares in the last quarter. US Bancorp DE grew its stake in shares of 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 buying an additional 49 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in shares of Dillard’s during the third quarter worth $29,000. Victory Capital Management Inc. grew its stake in shares of Dillard’s by 229.1% during the third quarter. Victory Capital Management Inc. now owns 18,249 shares of the company’s stock worth $7,002,000 after buying an additional 12,704 shares during the last quarter. Finally, Empowered Funds LLC grew its stake in shares of Dillard’s by 23.2% during the third quarter. Empowered Funds LLC now owns 8,067 shares of the company’s stock worth $3,095,000 after buying an additional 1,521 shares during the last quarter. 67.15% of the stock is currently owned by institutional investors and hedge funds.

Dillard’s Stock Performance

Shares of Dillard’s stock opened at $363.45 on Thursday. 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, Inc. has a twelve month low of $328.00 and a twelve month high of $510.00. The stock has a market cap of $5.78 billion, a price-to-earnings ratio of 9.36 and a beta of 0.88. The company’s fifty day moving average is $458.10 and its 200 day moving average is $414.61.

Dillard’s (NYSE:DDS) last issued its quarterly earnings data on Tuesday, February 25th. The company reported $13.48 earnings per share for the quarter, topping the consensus estimate of $9.84 by $3.64. The company had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $1.49 billion. Dillard’s had a net margin of 9.55% and a return on equity of 32.13%. Dillard’s’s revenue for the quarter was down 5.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $15.44 earnings per share. Sell-side analysts forecast that Dillard’s, Inc. will post 33.25 EPS for the current year.

Dillard’s Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Shareholders of record on Monday, March 31st will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.00 dividend on an annualized basis and a yield of 0.28%. Dillard’s’s dividend payout ratio (DPR) is currently 2.71%.

Analysts Set New Price Targets

A number of research firms have weighed in on DDS. UBS Group boosted their target price on shares of Dillard’s from $200.00 to $202.00 and gave the stock a “sell” rating in a research note on Friday, February 28th. StockNews.com raised shares of Dillard’s from a “hold” rating to a “buy” rating in a research note on Wednesday. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $450.00 price objective on shares of Dillard’s in a research note on Wednesday, February 26th.

Insider Buying and Selling at Dillard’s

In other Dillard’s news, VP Tom W. Bolin sold 300 shares of the company’s stock in a transaction 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 sale, the vice president now owns 1,167 shares of the company’s stock, valued at approximately $505,836.15. This represents a 20.45 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 33.80% of the company’s stock.

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.