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

StockNews.com downgraded shares of Dillard’s (NYSE:DDS) from a buy rating to a hold rating in a report published on Monday.

DDS has been the topic of several other research reports. Telsey Advisory Group lifted their target price on shares of Dillard’s from $380.00 to $450.00 and gave the stock a “market perform” rating in a report on Friday, November 15th. UBS Group increased their target price on Dillard’s from $194.00 to $198.00 and gave the company a “sell” rating in a research note on Friday, November 15th.

Dillard’s Trading Down 1.8 %

Shares of NYSE:DDS opened at $438.26 on Monday. Dillard’s has a 1 year low of $328.00 and a 1 year high of $476.48. The firm has a fifty day moving average price of $436.16 and a 200 day moving average price of $400.16. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $6.97 billion, a PE ratio of 11.28 and a beta of 0.89.

Dillard’s Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, January 6th. Shareholders of record on Monday, December 16th were given a $25.00 dividend. The ex-dividend date was Friday, December 13th. This represents a dividend yield of 5.68%. Dillard’s’s dividend payout ratio is currently 2.57%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of DDS. Capital Performance Advisors LLP acquired a new position in shares of Dillard’s in the 3rd quarter valued at $29,000. US Bancorp DE boosted its holdings in 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 in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Dillard’s in the 3rd quarter worth approximately $70,000. Point72 Hong Kong Ltd lifted its position in shares of Dillard’s by 430.3% during the 2nd quarter. Point72 Hong Kong Ltd now owns 175 shares of the company’s stock worth $77,000 after buying an additional 142 shares during the period. Finally, Signaturefd LLC boosted its stake in Dillard’s by 1,500.0% in the 3rd quarter. Signaturefd LLC now owns 224 shares of the company’s stock valued at $86,000 after buying an additional 210 shares in the last quarter. 67.15% of the stock is 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.