ValuEngine Lowers Dillard’s (DDS) to Sell

ValuEngine lowered shares of Dillard’s (NYSE:DDS) from a hold rating to a sell rating in a research report report published on Wednesday.

Several other analysts also recently weighed in on DDS. Zacks Investment Research downgraded shares of Dillard’s from a hold rating to a strong sell rating in a report on Tuesday, November 20th. JPMorgan Chase & Co. lifted their target price on shares of Dillard’s to $60.00 and gave the company an underweight rating in a report on Thursday, August 16th. Wedbush began coverage on shares of Dillard’s in a report on Wednesday, August 8th. They issued an outperform rating and a $95.00 target price for the company. Telsey Advisory Group dropped their price target on shares of Dillard’s from $83.00 to $65.00 and set a market perform rating for the company in a research note on Friday, November 16th. Finally, Deutsche Bank dropped their price target on shares of Dillard’s from $66.00 to $55.00 and set a sell rating for the company in a research note on Friday, November 16th. Five research analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. The stock currently has a consensus rating of Sell and a consensus target price of $64.86.

Dillard’s stock opened at $63.64 on Wednesday. Dillard’s has a fifty-two week low of $55.88 and a fifty-two week high of $98.75. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.49 and a quick ratio of 0.16. The company has a market capitalization of $1.80 billion, a P/E ratio of 11.12, a P/E/G ratio of 1.16 and a beta of 0.82.

Dillard’s (NYSE:DDS) last posted its earnings results on Thursday, November 15th. The company reported $0.16 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by ($0.40). Dillard’s had a net margin of 3.70% and a return on equity of 9.88%. The company had revenue of $1.46 billion during the quarter, compared to analyst estimates of $1.38 billion. During the same quarter last year, the business posted $0.41 EPS. On average, sell-side analysts expect that Dillard’s will post 5.73 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 4th. Shareholders of record on Monday, December 31st will be paid a $0.10 dividend. The ex-dividend date of this dividend is Friday, December 28th. This represents a $0.40 annualized dividend and a dividend yield of 0.63%. Dillard’s’s dividend payout ratio (DPR) is 8.33%.

Several large investors have recently bought and sold shares of the business. BlackRock Inc. grew its stake in shares of Dillard’s by 8.6% in the second quarter. BlackRock Inc. now owns 2,082,876 shares of the company’s stock worth $196,832,000 after acquiring an additional 164,561 shares in the last quarter. Capital International Investors acquired a new position in shares of Dillard’s in the third quarter worth $129,778,000. Bank of New York Mellon Corp grew its stake in shares of Dillard’s by 5.9% in the third quarter. Bank of New York Mellon Corp now owns 855,841 shares of the company’s stock worth $65,335,000 after acquiring an additional 48,052 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Dillard’s by 33.6% in the third quarter. AQR Capital Management LLC now owns 596,618 shares of the company’s stock worth $45,546,000 after acquiring an additional 150,080 shares in the last quarter. Finally, Northern Trust Corp lifted its position in shares of Dillard’s by 1.3% during the 2nd quarter. Northern Trust Corp now owns 252,623 shares of the company’s stock worth $23,872,000 after purchasing an additional 3,182 shares during the last quarter. Institutional investors and hedge funds own 91.29% of the company’s stock.

About Dillard’s

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

Further Reading: SEC Filing

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Analyst Recommendations for Dillard`s (NYSE:DDS)

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