Dillard’s, Inc. (NYSE:DDS) Receives Average Rating of “Reduce” from Analysts

Shares of Dillard’s, Inc. (NYSE:DDS) have been given a consensus rating of “Reduce” by the five research firms that are currently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $545.6667.

Several equities analysts recently commented on DDS shares. JPMorgan Chase & Co. upped their price target on shares of Dillard’s from $496.00 to $519.00 and gave the company an “underweight” rating in a report on Monday, August 17th. Zacks Research downgraded shares of Dillard’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Wall Street Zen lowered Dillard’s from a “buy” rating to a “hold” rating in a research report on Saturday, September 12th. UBS Group upped their target price on Dillard’s from $465.00 to $468.00 and gave the company a “sell” rating in a research note on Monday, August 17th. Finally, Weiss Ratings downgraded Dillard’s from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, September 8th.

Dillard’s Stock Down 1.9%

NYSE DDS opened at $635.25 on Friday. The company has a quick ratio of 1.58, a current ratio of 3.03 and a debt-to-equity ratio of 0.16. Dillard’s has a 52 week low of $503.06 and a 52 week high of $741.97. The firm has a market capitalization of $9.92 billion, a price-to-earnings ratio of 14.55 and a beta of 1.15. The company has a fifty day moving average of $606.05 and a two-hundred day moving average of $586.45.

Dillard’s (NYSE:DDS) last announced its earnings results on Thursday, August 13th. The company reported $6.25 earnings per share for the quarter, beating the consensus estimate of $4.29 by $1.96. The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.52 billion. Dillard’s had a net margin of 10.48% and a return on equity of 31.88%. On average, analysts predict that Dillard’s will post 35.5 earnings per share for the current year.

Dillard’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Wednesday, September 30th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Wednesday, September 30th. Dillard’s’s dividend payout ratio is 2.75%.

Institutional Trading of Dillard’s

Several institutional investors and hedge funds have recently made changes to their positions in the business. Tidal Investments LLC grew its holdings in shares of Dillard’s by 26.1% in the second quarter. Tidal Investments LLC now owns 3,003 shares of the company’s stock worth $1,587,000 after purchasing an additional 621 shares during the last quarter. WINTON GROUP Ltd bought a new stake in Dillard’s during the 2nd quarter valued at about $233,000. Integrated Wealth Concepts LLC bought a new stake in Dillard’s during the 2nd quarter valued at about $69,000. NewEdge Advisors LLC boosted its position in Dillard’s by 4.1% in the 2nd quarter. NewEdge Advisors LLC now owns 1,408 shares of the company’s stock valued at $744,000 after buying an additional 56 shares during the period. Finally, Squarepoint Ops LLC boosted its position in Dillard’s by 101.3% in the 2nd quarter. Squarepoint Ops LLC now owns 33,581 shares of the company’s stock valued at $17,745,000 after buying an additional 16,901 shares during the period. 67.15% of the stock is currently owned by institutional investors.

Dillard’s Company Profile

Dillard’s, Inc is an American department-store retailer headquartered in Little Rock, Arkansas. The company operates department stores and clearance centers offering a broad selection of fashion apparel, accessories, cosmetics, footwear, home furnishings and other merchandise. Its stores generally feature products for women, men and children, along with home-related goods and services.

Dillard’s also sells merchandise through its e-commerce platform, extending its retail business beyond its physical locations.