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

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

A number of other equities analysts have also weighed in on DDS. UBS Group dropped 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. Telsey Advisory Group reduced 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 report on Friday, August 16th.

Dillard’s Trading Up 2.6 %

NYSE DDS opened at $398.82 on Tuesday. The stock’s 50-day moving average is $367.67 and its 200-day moving average is $399.53. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.14 and a quick ratio of 1.62. Dillard’s has a one year low of $286.39 and a one year high of $476.48. The firm has a market cap of $6.45 billion, a P/E ratio of 9.82 and a beta of 0.86.

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

Insider Buying and Selling at Dillard’s

In other news, Director Robert C. Connor acquired 100 shares of the business’s stock in a transaction on Monday, August 19th. The shares were purchased at an average cost of $346.82 per share, with a total value of $34,682.00. Following the acquisition, the director now directly owns 78,000 shares of the company’s stock, valued at $27,051,960. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 33.80% of the stock is currently owned by company insiders.

Institutional Trading of Dillard’s

A number of hedge funds have recently bought and sold shares of the business. BI Asset Management Fondsmaeglerselskab A S bought a new position in Dillard’s during the first quarter valued at $654,000. GSA Capital Partners LLP lifted its stake in Dillard’s by 98.6% during the first quarter. GSA Capital Partners LLP now owns 1,744 shares of the company’s stock worth $823,000 after purchasing an additional 866 shares during the last quarter. Gallacher Capital Management LLC bought a new stake in Dillard’s in the first quarter worth $487,000. Duality Advisers LP boosted its position in Dillard’s by 90.8% during the 1st quarter. Duality Advisers LP now owns 7,213 shares of the company’s stock valued at $3,402,000 after buying an additional 3,433 shares during the period. Finally, Headlands Technologies LLC purchased a new stake in Dillard’s in the first quarter worth $68,000. 67.15% of the stock is currently owned by institutional investors.

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.