Grove Street Fiduciary LLC Invests in Dillard's, Inc.

Grove Street Fiduciary LLC has made a new investment in Dillard's, Inc. (NYSE:DDS), acquiring shares in the fourth quarter, as stated in their latest filing with the SEC. The institutional investor has purchased 514 shares valued at approximately $222,000.

In addition to Grove Street Fiduciary's investment, several other hedge funds have also adjusted their stakes in Dillard's. Capital Performance Advisors LLP bought a new stake worth around $29,000 in the third quarter. US Bancorp DE increased its investment in Dillard's by 61.3% during the same quarter and now holds 129 shares valued at $49,000 after adding 49 more shares. Also, Mirae Asset Global Investments Co. Ltd. made a new stake acquisition in Dillard's valued at about $70,000. Moreover, Signaturefd LLC significantly expanded its position by 1,500.0%, acquiring 224 shares worth $86,000 after purchasing an additional 210 shares during the period. Furthermore, KBC Group NV increased its holdings in Dillard's by 85.3% in the fourth quarter, currently owning 215 shares valued at around $93,000. Overall, institutional investors and hedge funds hold about 67.15% of Dillard's stock.

Insider Activity at Dillard's

In relevant insider news, Tom W. Bolin, the Vice President of Dillard's, sold 300 shares of the company's stock on January 14th. The shares were sold at an average price of $433.45, totaling approximately $130,035. Following this transaction, Bolin now owns 1,167 shares valued at roughly $505,836. This sale indicates a 20.45% reduction in the VP's stock ownership. The transaction was disclosed in a filing available through the SEC, with company insiders owning 33.80% of the stock.

Current Stock Performance

As of the latest trading session, Dillard's shares opened at $504.02. The company's market capitalization stands at $8.01 billion, with a price-to-earnings ratio of 12.97. Dillard's has a beta of 0.88 and a debt-to-equity ratio of 0.27. The current ratio is recorded at 2.38, and the quick ratio is 1.02. The company has a 50-day simple moving average of $462.00 and a 200-day average of $411.91. Over the past year, Dillard's stock has reached a low of $328.00 and a high of $509.41.

Dillard's Dividend Announcement

Dillard's recently declared a dividend, paid on January 6th, for stockholders recorded on December 16th. The dividend amount was $25.00, resulting in a dividend yield of 5.68%. The ex-dividend date was set for December 13th. Dillard's current dividend payout ratio (DPR) stands at 2.57%.

Analyst Insights on Dillard's

About Dillard's

Dillard's, Inc. operates in the retail sector, providing fashion apparel, cosmetics, home furnishings, and various consumer goods. The company has two main segments: Retail Operations and Construction. The Retail Operations segment includes a diverse range of products such as cosmetics, women's and men's apparel, accessories, shoes, and home furnishings.

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