UBS Group Increases Dillard’s (NYSE:DDS) Price Target to $170.00

Dillard’s (NYSE:DDS) had its price objective upped by stock analysts at UBS Group from $150.00 to $170.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a “sell” rating on the stock. UBS Group’s target price would suggest a potential downside of 59.42% from the stock’s previous close.

Other analysts also recently issued reports about the stock. Telsey Advisory Group reissued a “market perform” rating and issued a $450.00 price target on shares of Dillard’s in a research note on Wednesday, February 26th. StockNews.com upgraded Dillard’s from a “hold” rating to a “buy” rating in a report on Tuesday, April 29th.

Dillard’s Stock Up 2.1%

Shares of DDS opened at $418.88 on Friday. Dillard’s has a 1 year low of $282.24 and a 1 year high of $510.00. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02. The stock has a 50 day simple moving average of $347.50 and a two-hundred day simple moving average of $408.88. The firm has a market cap of $6.66 billion, a P/E ratio of 10.78 and a beta of 0.96.

Dillard’s (NYSE:DDS) last announced its quarterly earnings data on Thursday, May 15th. The company reported $10.39 earnings per share for the quarter, topping analysts’ consensus estimates of $9.10 by $1.29. Dillard’s had a net margin of 9.55% and a return on equity of 32.13%. The firm had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.53 billion. During the same period in the previous year, the business posted $11.10 EPS. On average, analysts forecast that Dillard’s will post 33.25 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Dillard’s

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DDS. PNC Financial Services Group Inc. increased its position in shares of 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 acquiring an additional 39 shares during the period. Aster Capital Management DIFC Ltd bought a new stake in shares of Dillard’s in the fourth quarter worth about $36,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Dillard’s by 110.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 139 shares of the company’s stock valued at $50,000 after purchasing an additional 73 shares during the period. Whipplewood Advisors LLC increased its holdings in Dillard’s by 2,980.0% during the 1st quarter. Whipplewood Advisors LLC now owns 154 shares of the company’s stock valued at $55,000 after purchasing an additional 149 shares during the period. Finally, Gordian Capital Singapore Pte Ltd bought a new position in Dillard’s during the 4th quarter valued at approximately $70,000. 67.15% of the stock is currently owned by institutional investors.

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.