Dillard’s (NYSE:DDS) Rating Lowered to “Hold” at StockNews.com

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

DDS has been the topic of several other research reports. UBS Group upped their target price on Dillard’s from $200.00 to $202.00 and gave the company a “sell” rating in a report on Friday, February 28th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $450.00 price target on shares of Dillard’s in a report on Wednesday, February 26th.

Dillard’s Stock Performance

Shares of DDS opened at $314.92 on Wednesday. The company has a market capitalization of $5.01 billion, a PE ratio of 8.11 and a beta of 0.66. Dillard’s has a 52-week low of $282.24 and a 52-week high of $510.00. The company has a 50-day simple moving average of $398.27 and a 200-day simple moving average of $414.03. The company has a quick ratio of 1.02, a current ratio of 2.38 and a debt-to-equity ratio of 0.27.

Dillard’s (NYSE:DDS) last issued its earnings results on Tuesday, February 25th. The company reported $13.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.84 by $3.64. The company had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $1.49 billion. Dillard’s had a net margin of 9.55% and a return on equity of 32.13%. The firm’s quarterly revenue was down 5.0% compared to the same quarter last year. During the same period last year, the company posted $15.44 earnings per share. Equities research analysts predict that Dillard’s will post 33.25 earnings per share for the current fiscal year.

Insider Activity

In other news, VP Tom W. Bolin sold 300 shares of the firm’s stock in a transaction 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 sale, the vice president now 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 33.80% of the company’s stock.

Institutional Trading of Dillard’s

Hedge funds have recently added to or reduced their stakes in the business. FMR LLC lifted its holdings in shares of Dillard’s by 200.0% during the 3rd quarter. FMR LLC now owns 1,185 shares of the company’s stock worth $455,000 after acquiring an additional 790 shares during the period. Stifel Financial Corp increased its position in Dillard’s by 10.1% during the third quarter. Stifel Financial Corp now owns 5,105 shares of the company’s stock worth $1,957,000 after purchasing an additional 467 shares during the last quarter. State Street Corp raised its stake in Dillard’s by 3.7% during the third quarter. State Street Corp now owns 76,515 shares of the company’s stock worth $29,377,000 after purchasing an additional 2,758 shares during the period. Barclays PLC boosted its holdings in shares of Dillard’s by 9.0% in the 3rd quarter. Barclays PLC now owns 2,424 shares of the company’s stock valued at $930,000 after purchasing an additional 200 shares during the last quarter. Finally, Tidal Investments LLC grew its stake in shares of Dillard’s by 3.3% during the 3rd quarter. Tidal Investments LLC now owns 4,854 shares of the company’s stock valued at $1,862,000 after buying an additional 157 shares during the period. 67.15% of the stock is owned by institutional investors and hedge funds.

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.