Dillard’s (NYSE:DDS) Given New $198.00 Price Target at UBS Group

Dillard’s (NYSE:DDS) had its price target hoisted by UBS Group from $194.00 to $198.00 in a report issued on Friday,Benzinga reports. They currently have a sell rating on the stock.

Several other research analysts also recently commented on the stock. StockNews.com downgraded shares of Dillard’s from a “buy” rating to a “hold” rating in a report on Tuesday, November 5th. Telsey Advisory Group boosted their target price on Dillard’s from $380.00 to $450.00 and gave the stock a “market perform” rating in a research report on Friday.

Dillard’s Trading Up 1.0 %

Dillard’s stock opened at $431.13 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.62. The firm’s 50 day moving average price is $376.07 and its 200-day moving average price is $397.49. Dillard’s has a 1 year low of $328.00 and a 1 year high of $476.48. The stock has a market cap of $6.98 billion, a P/E ratio of 10.84 and a beta of 0.86.

Dillard’s Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 4th. Investors of record on Monday, September 30th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date of this dividend was Monday, September 30th. Dillard’s’s payout ratio is 2.57%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in DDS. Pacer Advisors Inc. purchased a new position in Dillard’s during the third quarter worth $125,388,000. Vanguard Group Inc. lifted its stake in Dillard’s by 15.5% in the first quarter. Vanguard Group Inc. now owns 394,909 shares of the company’s stock worth $186,255,000 after purchasing an additional 52,974 shares during the last quarter. Renaissance Technologies LLC boosted its position in shares of Dillard’s by 36.0% during the second quarter. Renaissance Technologies LLC now owns 124,200 shares of the company’s stock valued at $54,696,000 after buying an additional 32,900 shares during the period. Victory Capital Management Inc. grew its stake in shares of Dillard’s by 229.1% during the third quarter. Victory Capital Management Inc. now owns 18,249 shares of the company’s stock valued at $7,002,000 after buying an additional 12,704 shares during the last quarter. Finally, LMR Partners LLP purchased a new stake in shares of Dillard’s in the third quarter worth approximately $4,796,000. Institutional investors own 67.15% of the company’s stock.

About Dillard’s

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