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

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

DDS has been the topic of a number of other reports. Telsey Advisory Group lifted their price target on shares of Dillard’s from $380.00 to $450.00 and gave the stock a “market perform” rating in a research report on Friday, November 15th. UBS Group raised their price target 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 Up 3.6 %

DDS stock opened at $451.80 on Monday. The company has a quick ratio of 1.02, a current ratio of 2.38 and a debt-to-equity ratio of 0.27. Dillard’s has a twelve month low of $328.00 and a twelve month high of $476.48. The company has a market cap of $7.19 billion, a P/E ratio of 11.63 and a beta of 0.89. The business has a fifty day moving average of $438.14 and a 200-day moving average of $400.48.

Dillard’s Announces Dividend

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

Insider Activity at Dillard’s

In other Dillard’s news, VP Tom W. Bolin sold 300 shares of Dillard’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total value of $130,035.00. Following the transaction, the vice president now 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 legal filing with the SEC, which is available at this link. 33.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Dillard’s

A number of hedge funds have recently made changes to their positions in DDS. State Street Corp increased its position in Dillard’s by 3.7% during the 3rd quarter. State Street Corp now owns 76,515 shares of the company’s stock worth $29,377,000 after purchasing an additional 2,758 shares in the last quarter. Frank Rimerman Advisors LLC bought a new position in shares of Dillard’s in the 3rd quarter valued at $611,000. Pacer Advisors Inc. acquired a new stake in shares of Dillard’s during the 3rd quarter valued at $125,388,000. Quantbot Technologies LP grew its position in Dillard’s by 49.3% during the 3rd quarter. Quantbot Technologies LP now owns 5,659 shares of the company’s stock worth $2,171,000 after acquiring an additional 1,868 shares during the last quarter. Finally, Stifel Financial Corp increased its holdings in Dillard’s by 10.1% in the 3rd quarter. Stifel Financial Corp now owns 5,105 shares of the company’s stock worth $1,957,000 after purchasing an additional 467 shares in the last quarter. 67.15% of the stock is currently owned by institutional investors and hedge funds.

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.