Dillard’s (NYSE:DDS) Stock Rating Lowered by StockNews.com

Dillard’s (NYSE:DDS) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Tuesday.

A number of other analysts have also recently commented on the stock. Telsey Advisory Group increased their price target 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, November 15th. UBS Group upped their target price on shares of Dillard’s from $196.00 to $200.00 and gave the company a “sell” rating in a report on Wednesday, February 19th.

Dillard’s Price Performance

NYSE:DDS opened at $437.12 on Tuesday. The stock’s 50-day simple moving average is $464.68 and its 200 day simple moving average is $414.39. Dillard’s has a 52-week low of $328.00 and a 52-week high of $510.00. 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 company has a market cap of $6.95 billion, a P/E ratio of 11.25 and a beta of 0.88.

Dillard’s (NYSE:DDS) last announced its quarterly earnings data on Tuesday, February 25th. The company reported $13.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.84 by $3.64. The company had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $1.49 billion. Dillard’s had a return on equity of 32.13% and a net margin of 9.55%. The business’s revenue was down 5.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $15.44 EPS. As a group, sell-side analysts forecast that Dillard’s will post 33.25 EPS for the current fiscal year.

Insiders Place Their Bets

In other Dillard’s news, VP Tom W. Bolin sold 300 shares of the firm’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 sale, the vice president now directly owns 1,167 shares in the company, valued at $505,836.15. This trade represents a 20.45 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 33.80% of the company’s stock.

Hedge Funds Weigh In On Dillard’s

A number of large investors have recently made changes to their positions in the company. State Street Corp grew its holdings in Dillard’s by 3.7% in the 3rd quarter. State Street Corp now owns 76,515 shares of the company’s stock valued at $29,377,000 after buying an additional 2,758 shares in the last quarter. Consolidated Planning Corp grew its stake in shares of Dillard’s by 154.5% in the fourth quarter. Consolidated Planning Corp now owns 1,514 shares of the company’s stock valued at $654,000 after acquiring an additional 919 shares in the last quarter. Pacer Advisors Inc. bought a new position in Dillard’s during the third quarter worth about $125,388,000. Quantbot Technologies LP increased its position in Dillard’s by 49.3% during the third quarter. Quantbot Technologies LP now owns 5,659 shares of the company’s stock worth $2,171,000 after acquiring an additional 1,868 shares during the period. Finally, Stifel Financial Corp raised its stake in Dillard’s by 10.1% in the 3rd quarter. Stifel Financial Corp now owns 5,105 shares of the company’s stock worth $1,957,000 after purchasing an additional 467 shares in the last quarter. 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.