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

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

DDS has been the topic of a number of other research reports. UBS Group cut their target price on shares of Dillard’s from $202.00 to $194.00 and set a “sell” rating on the stock in a research report on Friday, August 16th. Telsey Advisory Group cut their target price on shares of Dillard’s from $475.00 to $380.00 and set a “market perform” rating on the stock in a research report on Friday, August 16th.

Dillard’s Price Performance

Shares of NYSE DDS traded up $7.81 during trading hours on Tuesday, hitting $388.76. 100,560 shares of the stock were exchanged, compared to its average volume of 116,473. Dillard’s has a 1-year low of $286.39 and a 1-year high of $476.48. 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 $6.29 billion, a PE ratio of 9.57 and a beta of 0.86. The company’s fifty day simple moving average is $366.50 and its two-hundred day simple moving average is $399.53.

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

Insider Transactions at Dillard’s

In other Dillard’s news, Director Robert C. Connor purchased 100 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were bought at an average price of $346.82 per share, for a total transaction of $34,682.00. Following the completion of the acquisition, the director now owns 78,000 shares in the company, valued at approximately $27,051,960. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 33.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On Dillard’s

Several institutional investors have recently made changes to their positions in the stock. ProShare Advisors LLC raised its holdings in shares of Dillard’s by 6.3% during the first quarter. ProShare Advisors LLC now owns 612 shares of the company’s stock valued at $289,000 after purchasing an additional 36 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in shares of Dillard’s by 11.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 455 shares of the company’s stock valued at $175,000 after purchasing an additional 45 shares during the period. US Bancorp DE raised its holdings in shares of Dillard’s by 61.3% during the third quarter. US Bancorp DE now owns 129 shares of the company’s stock valued at $49,000 after purchasing an additional 49 shares during the period. AQR Capital Management LLC raised its holdings in shares of Dillard’s by 1.9% during the second quarter. AQR Capital Management LLC now owns 2,745 shares of the company’s stock valued at $1,209,000 after purchasing an additional 50 shares during the period. Finally, Atlantic Edge Private Wealth Management LLC bought a new stake in shares of Dillard’s during the second quarter worth about $26,000. Institutional investors and hedge funds own 67.15% of the company’s stock.

Dillard’s Company Profile

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.