326,794 Shares in Dillard’s, Inc. (NYSE:DDS) Purchased by Pacer Advisors Inc.

Pacer Advisors Inc. purchased a new position in shares of Dillard’s, Inc. (NYSE:DDS) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 326,794 shares of the company’s stock, valued at approximately $125,388,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Atlantic Edge Private Wealth Management LLC purchased a new position in Dillard’s during the second quarter worth about $26,000. Capital Performance Advisors LLP purchased a new position in Dillard’s in the third quarter valued at about $29,000. US Bancorp DE boosted its stake in Dillard’s by 61.3% in the third quarter. US Bancorp DE now owns 129 shares of the company’s stock valued at $49,000 after acquiring an additional 49 shares during the last quarter. Point72 Hong Kong Ltd boosted its stake in Dillard’s by 430.3% in the second quarter. Point72 Hong Kong Ltd now owns 175 shares of the company’s stock valued at $77,000 after acquiring an additional 142 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Dillard’s in the third quarter valued at approximately $70,000. 67.15% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Dillard’s Price Performance

Shares of NYSE:DDS opened at $432.48 on Friday. The company’s fifty day moving average price is $381.19 and its 200-day moving average price is $397.58. The firm has a market capitalization of $7.00 billion, a price-to-earnings ratio of 11.13 and a beta of 0.86. Dillard’s, Inc. has a one year low of $328.00 and a one year high of $476.48. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02.

Dillard’s 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.