Dillard’s (NYSE:DDS) Price Target Raised to $200.00

Dillard’s (NYSE:DDS) had its price objective lifted by UBS Group from $196.00 to $200.00 in a research report released on Wednesday morning,Benzinga reports. They currently have a sell rating on the stock.

A number of other equities analysts also recently commented on DDS. Telsey Advisory Group boosted their price objective on Dillard’s from $380.00 to $450.00 and gave the stock a “market perform” rating in a research report on Friday, November 15th. StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a research report on Tuesday, February 11th.

Dillard’s Stock Performance

Shares of Dillard’s stock opened at $483.21 on Wednesday. Dillard’s has a one year low of $328.00 and a one year high of $510.00. The company has a market cap of $7.68 billion, a PE ratio of 12.44 and a beta of 0.88. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.38. The business has a 50-day simple moving average of $462.00 and a 200-day simple moving average of $411.91.

Dillard’s Dividend Announcement

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

Insider Buying and Selling

In related news, VP Tom W. Bolin sold 300 shares of the business’s stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total transaction of $130,035.00. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 33.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On Dillard’s

Several institutional investors have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. lifted its stake in Dillard’s by 177.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 61 shares of the company’s stock valued at $26,000 after buying an additional 39 shares during the last quarter. Capital Performance Advisors LLP purchased a new stake in Dillard’s in the third quarter valued at approximately $29,000. Aster Capital Management DIFC Ltd purchased a new stake in Dillard’s in the fourth quarter valued at approximately $36,000. US Bancorp DE lifted its stake in Dillard’s by 61.3% in the third quarter. US Bancorp DE now owns 129 shares of the company’s stock valued at $49,000 after buying an additional 49 shares during the last quarter. Finally, Gordian Capital Singapore Pte Ltd purchased a new stake in Dillard’s in the fourth quarter valued at approximately $70,000. Hedge funds and other institutional investors own 67.15% of the company’s stock.

Dillard’s Company 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.