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

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

Other analysts have also issued reports about the company. UBS Group lifted their target price on Dillard’s from $200.00 to $202.00 and gave the stock a “sell” rating in a research report on Friday, February 28th. Telsey Advisory Group restated a “market perform” rating and set a $450.00 price objective on shares of Dillard’s in a report on Wednesday, February 26th.

Dillard’s Stock Performance

Dillard’s stock opened at $320.94 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.38. Dillard’s has a one year low of $282.24 and a one year high of $510.00. The stock’s 50 day moving average price is $378.69 and its 200 day moving average price is $411.30. The firm has a market capitalization of $5.10 billion, a PE ratio of 8.26 and a beta of 0.66.

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

Hedge Funds Weigh In On Dillard’s

A number of hedge funds have recently bought and sold shares of the company. PNC Financial Services Group Inc. lifted its holdings in Dillard’s by 177.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 61 shares of the company’s stock worth $26,000 after buying an additional 39 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new position in Dillard’s during the fourth quarter worth $36,000. Whipplewood Advisors LLC lifted its stake in Dillard’s by 2,980.0% during the first quarter. Whipplewood Advisors LLC now owns 154 shares of the company’s stock worth $55,000 after purchasing an additional 149 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in Dillard’s by 986.7% in the first quarter. Farther Finance Advisors LLC now owns 163 shares of the company’s stock worth $59,000 after purchasing an additional 148 shares during the period. Finally, Gordian Capital Singapore Pte Ltd bought a new stake in Dillard’s during the fourth quarter valued at $70,000. 67.15% of the stock is currently 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.