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

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

Several other equities analysts have also recently commented on DDS. UBS Group lifted their target price on shares of 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 reiterated a “market perform” rating and set a $450.00 price target on shares of Dillard’s in a report on Wednesday, February 26th.

Dillard’s Price Performance

Shares of NYSE DDS opened at $340.18 on Tuesday. Dillard’s has a fifty-two week low of $282.24 and a fifty-two week high of $510.00. The stock has a market cap of $5.41 billion, a price-to-earnings ratio of 8.76 and a beta of 0.66. 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 firm’s 50-day simple moving average is $358.14 and its 200 day simple moving average is $410.07.

Dillard’s (NYSE:DDS) last announced its quarterly earnings results on Tuesday, February 25th. The company reported $13.48 earnings per share for the quarter, beating the consensus estimate 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 quarter last year, the firm earned $15.44 EPS. The firm’s revenue for the quarter was down 5.0% compared to the same quarter last year. As a group, research analysts anticipate that Dillard’s will post 33.25 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of DDS. Barclays PLC grew its stake in shares of Dillard’s by 9.0% during the 3rd quarter. Barclays PLC now owns 2,424 shares of the company’s stock worth $930,000 after acquiring an additional 200 shares during the period. 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 worth $1,862,000 after acquiring an additional 157 shares during the period. Nisa Investment Advisors LLC grew its stake in shares of Dillard’s by 7.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 13,662 shares of the company’s stock worth $6,243,000 after acquiring an additional 950 shares during the period. SG Americas Securities LLC bought a new position in shares of Dillard’s during the 4th quarter worth $462,000. Finally, Blue Trust Inc. grew its stake in shares of Dillard’s by 20.7% during the 4th quarter. Blue Trust Inc. now owns 518 shares of the company’s stock worth $224,000 after acquiring an additional 89 shares during the period. Institutional investors 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.