Dillard’s (NYSE:DDS) Cut to “Hold” at StockNews.com

StockNews.com cut shares of Dillard’s (NYSE:DDS) from a buy rating to a hold rating in a research report released on Monday morning.

Other equities analysts also recently issued reports about the stock. Telsey Advisory Group raised their price objective 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 price target on shares of Dillard’s from $194.00 to $198.00 and gave the stock a “sell” rating in a research report on Friday, November 15th.

Dillard’s Stock Performance

Shares of NYSE DDS opened at $451.80 on Monday. The firm has a market capitalization of $7.19 billion, a price-to-earnings ratio of 11.63 and a beta of 0.89. Dillard’s has a one year low of $328.00 and a one year high of $476.48. The business has a fifty day simple moving average of $438.14 and a 200 day simple moving average of $400.48. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27.

Dillard’s Announces Dividend

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

Insiders Place Their Bets

In other Dillard’s news, VP Tom W. Bolin sold 300 shares of the business’s stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of $433.45, for a total value of $130,035.00. Following the transaction, the vice president now directly owns 1,167 shares in the company, valued at $505,836.15. The trade was a 20.45 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 33.80% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of DDS. Capital Performance Advisors LLP bought a new stake in Dillard’s during the 3rd quarter worth approximately $29,000. US Bancorp DE grew 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 worth $49,000 after purchasing an additional 49 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Dillard’s during the third quarter worth $70,000. Point72 Hong Kong Ltd increased its stake in shares of Dillard’s by 430.3% in the second quarter. Point72 Hong Kong Ltd now owns 175 shares of the company’s stock valued at $77,000 after buying an additional 142 shares in the last quarter. Finally, Signaturefd LLC raised its holdings in shares of Dillard’s by 1,500.0% in the third quarter. Signaturefd LLC now owns 224 shares of the company’s stock valued at $86,000 after buying an additional 210 shares during the last quarter. Institutional investors own 67.15% of the company’s stock.

About Dillard’s

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.