Empowered Funds LLC Has $3.10 Million Position in Dillard’s, Inc. (NYSE:DDS)

Empowered Funds LLC increased its position in shares of Dillard’s, Inc. (NYSE:DDS) by 23.2% during the third quarter, Holdings Channel reports. The institutional investor owned 8,067 shares of the company’s stock after purchasing an additional 1,521 shares during the quarter. Empowered Funds LLC’s holdings in Dillard’s were worth $3,095,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of Dillard’s by 15.5% in the 1st quarter. Vanguard Group Inc. now owns 394,909 shares of the company’s stock worth $186,255,000 after acquiring an additional 52,974 shares during the period. Renaissance Technologies LLC lifted its position in Dillard’s by 36.0% in the second quarter. Renaissance Technologies LLC now owns 124,200 shares of the company’s stock worth $54,696,000 after purchasing an additional 32,900 shares during the period. Jacobs Levy Equity Management Inc. boosted its stake in Dillard’s by 1.3% during the first quarter. Jacobs Levy Equity Management Inc. now owns 99,225 shares of the company’s stock worth $46,798,000 after buying an additional 1,265 shares in the last quarter. Hexagon Capital Partners LLC increased its holdings in Dillard’s by 16.7% in the 3rd quarter. Hexagon Capital Partners LLC now owns 49,006 shares of the company’s stock valued at $18,803,000 after buying an additional 7,006 shares during the period. Finally, American Century Companies Inc. raised its stake in shares of Dillard’s by 2.0% in the 2nd quarter. American Century Companies Inc. now owns 42,803 shares of the company’s stock valued at $18,850,000 after buying an additional 830 shares in the last quarter. 67.15% of the stock is owned by institutional investors and hedge funds.

Dillard’s Stock Performance

NYSE:DDS opened at $431.13 on Tuesday. The stock has a market capitalization of $6.98 billion, a P/E ratio of 11.10 and a beta of 0.86. The company has a current ratio of 2.38, a quick ratio of 1.62 and a debt-to-equity ratio of 0.27. Dillard’s, Inc. has a 1 year low of $328.00 and a 1 year high of $476.48. The firm has a 50 day moving average of $376.07 and a 200-day moving average of $397.49.

Dillard’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 4th. Shareholders of record on Monday, September 30th were given a $0.25 dividend. The ex-dividend date was Monday, September 30th. This represents a $1.00 annualized dividend and a yield of 0.23%. Dillard’s’s payout ratio is 2.57%.

Analyst Ratings Changes

A number of analysts recently weighed in on DDS shares. Telsey Advisory Group upped their target price 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. UBS Group upped their price target on Dillard’s from $194.00 to $198.00 and gave the company a “sell” rating in a research report on Friday. Finally, StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a report on Friday.

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.