Sequoia Financial Advisors LLC Buys 35 Shares of Dillard’s, Inc. (NYSE:DDS)

Sequoia Financial Advisors LLC grew its stake in Dillard’s, Inc. (NYSE:DDS) by 3.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,047 shares of the company’s stock after purchasing an additional 35 shares during the period. Sequoia Financial Advisors LLC’s holdings in Dillard’s were worth $375,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. PNC Financial Services Group Inc. grew its stake in shares of Dillard’s by 177.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 61 shares of the company’s stock valued at $26,000 after purchasing an additional 39 shares during the period. Aster Capital Management DIFC Ltd acquired a new position in shares of Dillard’s in the 4th quarter worth approximately $36,000. Whipplewood Advisors LLC boosted its holdings in shares of Dillard’s by 2,980.0% in the 1st quarter. Whipplewood Advisors LLC now owns 154 shares of the company’s stock worth $55,000 after acquiring an additional 149 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Dillard’s by 986.7% in the 1st quarter. Farther Finance Advisors LLC now owns 163 shares of the company’s stock worth $59,000 after acquiring an additional 148 shares in the last quarter. Finally, Gordian Capital Singapore Pte Ltd acquired a new position in shares of Dillard’s in the 4th quarter worth approximately $70,000. 67.15% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Wall Street Zen downgraded Dillard’s from a “buy” rating to a “hold” rating in a report on Friday, June 27th. UBS Group boosted their target price on Dillard’s from $150.00 to $170.00 and gave the stock a “sell” rating in a report on Friday, May 16th. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $450.00 target price on shares of Dillard’s in a report on Friday, May 16th.

Dillard’s Stock Up 1.2%

NYSE:DDS opened at $455.81 on Friday. The stock’s fifty day moving average price is $393.53 and its two-hundred day moving average price is $405.17. Dillard’s, Inc. has a 52-week low of $282.24 and a 52-week high of $510.00. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.13 and a current ratio of 2.41. The company has a market cap of $7.13 billion, a price-to-earnings ratio of 12.59 and a beta of 0.99.

Dillard’s (NYSE:DDS) last posted its quarterly earnings data on Thursday, May 15th. The company reported $10.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.10 by $1.29. Dillard’s had a return on equity of 30.52% and a net margin of 8.93%. The firm had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter in the prior year, the business earned $11.10 EPS. On average, analysts anticipate that Dillard’s, Inc. will post 33.25 EPS for the current year.

Dillard’s Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 4th. Shareholders of record on Monday, June 30th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.22%. The ex-dividend date is Monday, June 30th. Dillard’s’s payout ratio is 2.76%.

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.