Great West Life Assurance Co. Can Sells 1,757 Shares of Dillard's, Inc. (DDS)
Great West Life Assurance Co. Can lowered its position in Dillard's, Inc. (NYSE:DDS) by 12.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,983 shares of the company’s stock after selling 1,757 shares during the quarter. Great West Life Assurance Co. Can’s holdings in Dillard's were worth $684,000 as of its most recent SEC filing.
Other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in Dillard's by 341.0% during the second quarter. JPMorgan Chase & Co. now owns 719,151 shares of the company’s stock worth $41,488,000 after purchasing an additional 556,072 shares in the last quarter. Koch Industries Inc. acquired a new stake in Dillard's during the second quarter worth approximately $243,000. Bank of New York Mellon Corp raised its holdings in Dillard's by 21.2% during the third quarter. Bank of New York Mellon Corp now owns 1,095,005 shares of the company’s stock worth $61,398,000 after purchasing an additional 191,168 shares in the last quarter. BlackRock Inc. raised its holdings in Dillard's by 4.0% during the second quarter. BlackRock Inc. now owns 2,163,602 shares of the company’s stock worth $124,820,000 after purchasing an additional 83,653 shares in the last quarter. Finally, Aristotle Fund L.P. acquired a new stake in Dillard's during the second quarter worth approximately $4,558,000. Institutional investors own 90.18% of the company’s stock.
A number of research firms have weighed in on DDS. Zacks Investment Research raised shares of Dillard's from a “hold” rating to a “strong-buy” rating and set a $70.00 price objective on the stock in a report on Tuesday, December 19th. ValuEngine raised shares of Dillard's from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Two analysts have rated the stock with a sell rating, three have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $52.60.
Dillard's, Inc. (NYSE DDS) opened at $62.11 on Monday. The company has a market cap of $1,749.20, a price-to-earnings ratio of 16.52, a PEG ratio of 6.87 and a beta of 1.25. Dillard's, Inc. has a 1-year low of $45.51 and a 1-year high of $83.44. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.42 and a quick ratio of 0.14.
Dillard's (NYSE:DDS) last announced its earnings results on Thursday, November 9th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. The business had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.35 billion. Dillard's had a net margin of 1.92% and a return on equity of 7.40%. The company’s quarterly revenue was down .7% on a year-over-year basis. During the same period in the previous year, the company posted $0.67 EPS. analysts predict that Dillard's, Inc. will post 3.48 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, February 5th. Stockholders of record on Friday, December 29th will be issued a $0.10 dividend. The ex-dividend date is Thursday, December 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.64%. Dillard's’s payout ratio is 10.64%.
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Dillard's Company Profile
Dillard’s, Inc is a retailer of fashion apparel, cosmetics and home furnishing. As of January 28, 2017, the Company operated 293 Dillard’s stores, including 25 clearance centers, and an Internet store offering a selection of merchandise, including fashion apparel for women, men and children, accessories, cosmetics, home furnishings and other consumer goods.
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