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

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

Other equities analysts also recently issued reports about the company. Telsey Advisory Group lowered their price target on Dillard’s from $475.00 to $380.00 and set a “market perform” rating for the company in a report on Friday, August 16th. UBS Group lowered their price target on Dillard’s from $202.00 to $194.00 and set a “sell” rating for the company in a report on Friday, August 16th.

Dillard’s Stock Performance

Shares of Dillard’s stock opened at $351.11 on Tuesday. The business has a 50-day simple moving average of $377.19 and a 200-day simple moving average of $412.81. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.62 and a current ratio of 3.14. The company has a market cap of $5.70 billion, a PE ratio of 7.98 and a beta of 0.85. Dillard’s has a one year low of $286.39 and a one year high of $476.48.

Dillard’s (NYSE:DDS) last announced its quarterly earnings results on Thursday, August 15th. The company reported $4.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.97 by ($1.38). The business had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.53 billion. Dillard’s had a net margin of 9.94% and a return on equity of 34.29%. The business’s revenue for the quarter was down 6.7% compared to the same quarter last year. During the same period last year, the company earned $7.98 earnings per share. On average, equities research analysts forecast that Dillard’s will post 31.2 EPS for the current fiscal year.

Insider Buying and Selling at Dillard’s

In other news, Director Robert C. Connor acquired 100 shares of Dillard’s stock in a transaction on Monday, August 19th. The stock was bought at an average price of $346.82 per share, for a total transaction of $34,682.00. Following the completion of the purchase, the director now owns 78,000 shares in the company, valued at $27,051,960. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 33.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On Dillard’s

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its stake in Dillard’s by 6.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 62,843 shares of the company’s stock valued at $25,367,000 after buying an additional 3,942 shares during the last quarter. Quadrature Capital Ltd purchased a new stake in shares of Dillard’s during the fourth quarter worth approximately $9,036,000. Hennessy Advisors Inc. raised its stake in shares of Dillard’s by 43.5% during the first quarter. Hennessy Advisors Inc. now owns 13,200 shares of the company’s stock worth $6,226,000 after purchasing an additional 4,000 shares during the last quarter. Duality Advisers LP raised its stake in shares of Dillard’s by 90.8% during the first quarter. Duality Advisers LP now owns 7,213 shares of the company’s stock worth $3,402,000 after purchasing an additional 3,433 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in shares of Dillard’s by 5.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,867 shares of the company’s stock worth $881,000 after purchasing an additional 97 shares during the last quarter. Hedge funds and other institutional investors own 67.15% of the company’s stock.

About Dillard’s

Dillard's, Inc operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. The company's stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods.