Dillard’s (NYSE:DDS) Receives Market Perform Rating from Telsey Advisory Group

Telsey Advisory Group reissued their market perform rating on shares of Dillard’s (NYSE:DDS) in a report issued on Wednesday,Benzinga reports. The firm currently has a $450.00 price target on the stock.

Other equities research analysts also recently issued reports about the stock. StockNews.com downgraded shares of Dillard’s from a “buy” rating to a “hold” rating in a research note on Tuesday. UBS Group lifted their price objective on shares of Dillard’s from $196.00 to $200.00 and gave the stock a “sell” rating in a research note on Wednesday, February 19th.

Dillard’s Stock Performance

Shares of NYSE:DDS opened at $437.12 on Wednesday. The firm has a market cap of $6.95 billion, a PE ratio of 11.25 and a beta of 0.88. The firm’s 50 day simple moving average is $464.68 and its 200-day simple moving average is $414.39. Dillard’s has a one year low of $328.00 and a one year high of $510.00. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.38.

Dillard’s (NYSE:DDS) last issued its earnings results on Tuesday, February 25th. The company reported $13.48 EPS for the quarter, topping analysts’ consensus estimates of $9.84 by $3.64. The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.49 billion. Dillard’s had a net margin of 9.55% and a return on equity of 32.13%. The company’s quarterly revenue was down 5.0% compared to the same quarter last year. During the same period last year, the company posted $15.44 earnings per share. As a group, equities analysts predict that Dillard’s will post 33.25 EPS for the current year.

Dillard’s Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, January 6th. Investors of record on Monday, December 16th were issued a dividend of $25.00 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a dividend yield of 5.68%. Dillard’s’s dividend payout ratio (DPR) is presently 2.71%.

Insider Buying and Selling at Dillard’s

In related 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 transaction of $130,035.00. Following the transaction, the vice president now directly owns 1,167 shares in the company, valued at approximately $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 can be accessed through the SEC website. 33.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Dillard’s

Large investors have recently made changes to their positions in the stock. PNC Financial Services Group Inc. increased its position in shares of Dillard’s by 177.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 61 shares of the company’s stock valued at $26,000 after purchasing an additional 39 shares during the last quarter. Capital Performance Advisors LLP acquired a new stake in Dillard’s during the 3rd quarter worth $29,000. Aster Capital Management DIFC Ltd acquired a new stake in shares of Dillard’s in the 4th quarter worth $36,000. US Bancorp DE lifted its stake in shares of Dillard’s by 61.3% in the 3rd quarter. US Bancorp DE now owns 129 shares of the company’s stock worth $49,000 after acquiring an additional 49 shares during the period. Finally, Gordian Capital Singapore Pte Ltd purchased a new position in shares of Dillard’s in the 4th quarter valued at about $70,000. 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.