Dillard’s, Inc. (NYSE:DDS) VP Tom W. Bolin Sells 300 Shares

Dillard’s, Inc. (NYSE:DDS) VP Tom W. Bolin sold 300 shares of Dillard’s stock in a transaction that occurred 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 transaction, the vice president now owns 1,167 shares of the company’s stock, valued at $505,836.15. The trade was a 20.45 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Dillard’s Stock Down 0.6 %

Dillard’s stock opened at $450.30 on Friday. Dillard’s, Inc. has a 12 month low of $328.00 and a 12 month high of $476.48. The stock has a fifty day simple moving average of $439.14 and a two-hundred day simple moving average of $400.83. 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 firm has a market cap of $7.16 billion, a price-to-earnings ratio of 11.59 and a beta of 0.89.

Dillard’s Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, January 6th. Investors of record on Monday, December 16th were issued a $25.00 dividend. The ex-dividend date was Friday, December 13th. This represents a yield of 5.68%. Dillard’s’s payout ratio is 2.57%.

Hedge Funds Weigh In On Dillard’s

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Tidal Investments LLC grew its stake in shares of Dillard’s by 3.3% in the third quarter. Tidal Investments LLC now owns 4,854 shares of the company’s stock worth $1,862,000 after acquiring an additional 157 shares during the period. Barclays PLC grew its position in Dillard’s by 9.0% in the 3rd quarter. Barclays PLC now owns 2,424 shares of the company’s stock worth $930,000 after purchasing an additional 200 shares during the period. State Street Corp raised its stake in Dillard’s by 3.7% during the 3rd quarter. State Street Corp now owns 76,515 shares of the company’s stock valued at $29,377,000 after buying an additional 2,758 shares during the last quarter. Stifel Financial Corp lifted its holdings in shares of Dillard’s by 10.1% during the 3rd quarter. Stifel Financial Corp now owns 5,105 shares of the company’s stock valued at $1,957,000 after buying an additional 467 shares during the period. Finally, Martingale Asset Management L P boosted its stake in shares of Dillard’s by 24.3% in the 3rd quarter. Martingale Asset Management L P now owns 4,762 shares of the company’s stock worth $1,827,000 after buying an additional 930 shares during the last quarter. Institutional investors own 67.15% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. UBS Group raised their price objective on 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 cut shares of Dillard’s from a “buy” rating to a “hold” rating in a research note on Monday. Finally, Telsey Advisory Group raised their price objective on shares of Dillard’s from $380.00 to $450.00 and gave the company a “market perform” rating in a research note on Friday, November 15th.

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.