Dillard’s (NYSE:DDS) Stock Rating Lowered by ValuEngine

Dillard’s (NYSE:DDS) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a report issued on Friday, ValuEngine reports.

Several other research firms have also recently issued reports on DDS. Wedbush reiterated a “neutral” rating and issued a $56.00 price objective (down previously from $62.00) on shares of Dillard’s in a research report on Wednesday, August 14th. JPMorgan Chase & Co. cut their price objective on Dillard’s from $54.00 to $37.00 and set an “underweight” rating for the company in a research report on Friday, August 16th. Deutsche Bank cut their price objective on Dillard’s from $49.00 to $36.00 and set a “sell” rating for the company in a research report on Monday, August 19th. Finally, Telsey Advisory Group increased their price objective on Dillard’s from $58.00 to $80.00 and gave the stock a “market perform” rating in a research report on Friday. Three analysts have rated the stock with a sell rating and four have given a hold rating to the stock. Dillard’s has a consensus rating of “Hold” and an average price target of $59.83.

NYSE:DDS opened at $76.87 on Friday. The stock has a fifty day moving average price of $69.61 and a two-hundred day moving average price of $64.32. The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of 12.56 and a beta of 1.15. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.26 and a current ratio of 1.86. Dillard’s has a 1 year low of $47.95 and a 1 year high of $86.71.

Dillard’s (NYSE:DDS) last released its quarterly earnings data on Thursday, November 14th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.25) by $0.37. The firm had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.42 billion. Dillard’s had a return on equity of 7.23% and a net margin of 2.04%. Dillard’s’s revenue was down 2.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.27 earnings per share. On average, analysts predict that Dillard’s will post 3.37 EPS for the current year.

In other news, Director H. Lee Hastings III sold 3,000 shares of the firm’s stock in a transaction on Friday, October 11th. The stock was sold at an average price of $72.20, for a total value of $216,600.00. Following the completion of the transaction, the director now owns 14,312 shares in the company, valued at $1,033,326.40. The sale was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 20.10% of the company’s stock.

Hedge funds have recently made changes to their positions in the company. Signaturefd LLC boosted its stake in shares of Dillard’s by 153.5% during the second quarter. Signaturefd LLC now owns 431 shares of the company’s stock valued at $27,000 after acquiring an additional 261 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Dillard’s by 73.3% during the third quarter. Tower Research Capital LLC TRC now owns 617 shares of the company’s stock valued at $41,000 after acquiring an additional 261 shares during the last quarter. Point72 Hong Kong Ltd boosted its stake in shares of Dillard’s by 22.0% during the second quarter. Point72 Hong Kong Ltd now owns 1,199 shares of the company’s stock valued at $75,000 after acquiring an additional 216 shares during the last quarter. State of Alaska Department of Revenue acquired a new stake in shares of Dillard’s during the third quarter valued at $120,000. Finally, Ladenburg Thalmann Financial Services Inc. boosted its stake in shares of Dillard’s by 50.5% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,672 shares of the company’s stock valued at $167,000 after acquiring an additional 897 shares during the last quarter. Institutional investors and hedge funds own 94.46% of the company’s stock.

Dillard’s Company Profile

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

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Analyst Recommendations for Dillard`s (NYSE:DDS)

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