Tidal Investments LLC Increases Position in Dillard’s, Inc. (NYSE:DDS)

Tidal Investments LLC grew its holdings in shares of Dillard’s, Inc. (NYSE:DDS) by 3.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,854 shares of the company’s stock after buying an additional 157 shares during the quarter. Tidal Investments LLC’s holdings in Dillard’s were worth $1,862,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of DDS. SG Americas Securities LLC grew its position in Dillard’s by 31.0% in the 2nd quarter. SG Americas Securities LLC now owns 330 shares of the company’s stock valued at $145,000 after acquiring an additional 78 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of Dillard’s by 45.1% in the second quarter. Blue Trust Inc. now owns 341 shares of the company’s stock worth $161,000 after purchasing an additional 106 shares during the last quarter. Allspring Global Investments Holdings LLC increased its stake in Dillard’s by 5,025.0% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 410 shares of the company’s stock worth $181,000 after buying an additional 402 shares during the period. Atlantic Edge Private Wealth Management LLC bought a new stake in Dillard’s during the 2nd quarter valued at about $26,000. Finally, TrueMark Investments LLC purchased a new stake in Dillard’s in the 2nd quarter valued at about $445,000. 67.15% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

DDS has been the topic of a number of research reports. StockNews.com raised shares of Dillard’s from a “hold” rating to a “buy” rating in a research report on Friday, November 15th. UBS Group increased their price objective on Dillard’s from $194.00 to $198.00 and gave the stock a “sell” rating in a research note on Friday, November 15th. Finally, Telsey Advisory Group lifted their target price on 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 Stock Up 0.6 %

Shares of Dillard’s stock opened at $426.26 on Tuesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02. The stock has a market cap of $6.78 billion, a price-to-earnings ratio of 10.97 and a beta of 0.89. The firm’s 50-day moving average is $407.67 and its two-hundred day moving average is $397.94. Dillard’s, Inc. has a 1 year low of $328.00 and a 1 year high of $476.48.

Dillard’s Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, January 6th. Stockholders of record on Monday, December 16th will be paid a dividend of $25.00 per share. The ex-dividend date is Friday, December 13th. This represents a dividend yield of 5.68%. Dillard’s’s dividend payout ratio is presently 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.