Entropy Technologies LP Takes $963,000 Position in Dillard’s, Inc. (NYSE:DDS)

Entropy Technologies LP purchased a new position in Dillard’s, Inc. (NYSE:DDS) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,231 shares of the company’s stock, valued at approximately $963,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Capital Performance Advisors LLP purchased a new stake in shares of Dillard’s in the 3rd quarter valued at about $29,000. US Bancorp DE increased its position in shares of Dillard’s by 61.3% in the third quarter. US Bancorp DE now owns 129 shares of the company’s stock worth $49,000 after purchasing an additional 49 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Dillard’s in the third quarter valued at approximately $70,000. KBC Group NV lifted its position in Dillard’s by 85.3% during the fourth quarter. KBC Group NV now owns 215 shares of the company’s stock valued at $93,000 after purchasing an additional 99 shares during the last quarter. Finally, Signaturefd LLC grew its stake in Dillard’s by 1,500.0% in the 3rd quarter. Signaturefd LLC now owns 224 shares of the company’s stock worth $86,000 after buying an additional 210 shares in the last quarter. Hedge funds and other institutional investors own 67.15% of the company’s stock.

Dillard’s Trading Up 3.3 %

DDS stock opened at $489.28 on Tuesday. Dillard’s, Inc. has a one year low of $328.00 and a one year high of $492.99. The company has a market capitalization of $7.78 billion, a PE ratio of 12.59 and a beta of 0.88. The company’s 50 day moving average price is $453.03 and its two-hundred day moving average price is $405.47. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.38.

Dillard’s Dividend Announcement

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

Insider Buying and Selling at Dillard’s

In other news, VP Tom W. Bolin sold 300 shares of Dillard’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total value of $130,035.00. Following the transaction, the vice president now owns 1,167 shares in the company, valued at approximately $505,836.15. The trade was a 20.45 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 33.80% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on DDS. UBS Group raised their price objective 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 upgraded Dillard’s from a “hold” rating to a “buy” rating in a research report on Tuesday. Finally, Telsey Advisory Group upped their price objective on Dillard’s from $380.00 to $450.00 and gave the stock a “market perform” rating in a report on Friday, November 15th.

Dillard’s Profile

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.