Dillard’s (NYSE:DDS) Rating Increased to Buy at StockNews.com

Dillard’s (NYSE:DDS) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday.

A number of other analysts have also issued reports on DDS. UBS Group boosted their target price on Dillard’s from $194.00 to $198.00 and gave the company a “sell” rating in a research report on Friday, November 15th. Telsey Advisory Group increased their target price on Dillard’s from $380.00 to $450.00 and gave the stock a “market perform” rating in a research note on Friday, November 15th.

Dillard’s Stock Performance

NYSE:DDS opened at $470.52 on Friday. The company’s 50-day moving average is $449.85 and its two-hundred day moving average is $402.52. Dillard’s has a 1-year low of $328.00 and a 1-year high of $492.99. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02. The firm has a market capitalization of $7.48 billion, a price-to-earnings ratio of 12.11 and a beta of 0.89.

Insiders Place Their Bets

In other Dillard’s news, VP Tom W. Bolin sold 300 shares of the business’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 completion of the transaction, the vice president now owns 1,167 shares in the company, valued at $505,836.15. The trade was a 20.45 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 33.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On Dillard’s

A number of institutional investors and hedge funds have recently modified their holdings of DDS. Allspring Global Investments Holdings LLC lifted its position in shares of Dillard’s by 11.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 455 shares of the company’s stock worth $175,000 after buying an additional 45 shares during the last quarter. US Bancorp DE boosted its position in shares of Dillard’s by 61.3% in the 3rd quarter. US Bancorp DE now owns 129 shares of the company’s stock valued at $49,000 after purchasing an additional 49 shares during the period. AQR Capital Management LLC grew its stake in Dillard’s by 1.9% during the 2nd quarter. AQR Capital Management LLC now owns 2,745 shares of the company’s stock worth $1,209,000 after buying an additional 50 shares during the last quarter. Capital Performance Advisors LLP acquired a new position in Dillard’s during the third quarter worth approximately $29,000. Finally, Blue Trust Inc. lifted its stake in Dillard’s by 25.8% in the third quarter. Blue Trust Inc. now owns 429 shares of the company’s stock valued at $165,000 after buying an additional 88 shares during the last quarter. Institutional investors and hedge funds own 67.15% of the company’s stock.

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.