Dillard’s (NYSE:DDS) Downgraded to Hold Rating by StockNews.com

Dillard’s (NYSE:DDS) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Tuesday.

Several other research firms have also recently weighed in on DDS. Telsey Advisory Group increased their price target on Dillard’s from $380.00 to $450.00 and gave the company a “market perform” rating in a report on Friday, November 15th. UBS Group increased their target price on Dillard’s from $196.00 to $200.00 and gave the company a “sell” rating in a report on Wednesday, February 19th.

Dillard’s Stock Performance

NYSE:DDS traded down $22.93 during mid-day trading on Tuesday, reaching $457.22. The company’s stock had a trading volume of 172,998 shares, compared to its average volume of 115,506. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27. The stock has a market cap of $7.27 billion, a P/E ratio of 11.77 and a beta of 0.88. The firm’s fifty day moving average price is $464.27 and its two-hundred day moving average price is $413.91. Dillard’s has a 12-month low of $328.00 and a 12-month high of $510.00.

Dillard’s (NYSE:DDS) last released its quarterly earnings data on Tuesday, February 25th. The company reported $13.48 earnings per share for the quarter, beating the consensus estimate of $9.84 by $3.64. The firm had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $1.49 billion. Dillard’s had a net margin of 9.55% and a return on equity of 32.13%. The firm’s quarterly revenue was down 5.0% on a year-over-year basis. During the same period in the previous year, the company earned $15.44 earnings per share. On average, equities analysts forecast that Dillard’s will post 33.25 EPS for the current fiscal year.

Insider Transactions at Dillard’s

In other Dillard’s news, VP Tom W. Bolin sold 300 shares of the company’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 completion of the sale, the vice president now owns 1,167 shares in the company, valued at $505,836.15. This represents a 20.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 33.80% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Gordian Capital Singapore Pte Ltd bought a new stake in Dillard’s during the 4th quarter worth approximately $70,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Dillard’s by 27.0% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,132 shares of the company’s stock worth $4,374,000 after purchasing an additional 2,155 shares during the period. Summit Street Capital Management LLC purchased a new stake in shares of Dillard’s in the fourth quarter worth $9,155,000. Quantinno Capital Management LP bought a new stake in shares of Dillard’s during the 4th quarter valued at $285,000. Finally, Millennium Management LLC lifted its stake in shares of Dillard’s by 3,989.8% during the 4th quarter. Millennium Management LLC now owns 37,790 shares of the company’s stock valued at $16,315,000 after buying an additional 36,866 shares in the last quarter. 67.15% of the stock is owned by hedge funds and other institutional investors.

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.