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

Shares of Dillard’s, Inc. (NYSE:DDSGet Free Report) have been given a consensus recommendation of “Reduce” by the five brokerages that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation and three have issued a hold recommendation on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $521.3333.

DDS has been the subject of several recent research reports. Telsey Advisory Group decreased their price objective on Dillard’s from $700.00 to $650.00 and set a “market perform” rating for the company in a report on Wednesday, February 25th. UBS Group lifted their price objective on Dillard’s from $460.00 to $465.00 and gave the company a “sell” rating in a report on Wednesday, May 6th. Zacks Research downgraded Dillard’s from a “strong-buy” rating to a “hold” rating in a report on Monday, February 23rd. Weiss Ratings restated a “hold (c)” rating on shares of Dillard’s in a report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. decreased their price objective on Dillard’s from $524.00 to $449.00 and set an “underweight” rating for the company in a report on Wednesday, February 25th.

Read Our Latest Report on DDS

Institutional Trading of Dillard’s

Institutional investors and hedge funds have recently made changes to their positions in the company. Rockefeller Capital Management L.P. grew its stake in Dillard’s by 108.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 48 shares of the company’s stock valued at $29,000 after purchasing an additional 25 shares during the last quarter. Atlas Capital Advisors Inc. purchased a new position in Dillard’s in the fourth quarter valued at about $29,000. Quarry LP purchased a new position in Dillard’s in the third quarter valued at about $33,000. EverSource Wealth Advisors LLC grew its stake in Dillard’s by 790.0% in the second quarter. EverSource Wealth Advisors LLC now owns 89 shares of the company’s stock valued at $37,000 after purchasing an additional 79 shares during the last quarter. Finally, Global Retirement Partners LLC grew its stake in Dillard’s by 6,300.0% in the fourth quarter. Global Retirement Partners LLC now owns 64 shares of the company’s stock valued at $39,000 after purchasing an additional 63 shares during the last quarter. 67.15% of the stock is currently owned by institutional investors.

Dillard’s Stock Up 1.5%

NYSE:DDS opened at $539.03 on Friday. Dillard’s has a twelve month low of $386.85 and a twelve month high of $741.97. The company has a market cap of $8.42 billion, a price-to-earnings ratio of 12.82 and a beta of 1.17. The stock has a fifty day simple moving average of $576.47 and a 200-day simple moving average of $618.49. The company has a current ratio of 2.65, a quick ratio of 1.31 and a debt-to-equity ratio of 0.24.

Dillard’s (NYSE:DDSGet Free Report) last released its earnings results on Thursday, May 14th. The company reported $16.04 earnings per share for the quarter, topping the consensus estimate of $10.13 by $5.91. The business had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.55 billion. Dillard’s had a return on equity of 31.89% and a net margin of 10.09%.The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period last year, the company earned $10.39 earnings per share. Analysts anticipate that Dillard’s will post 33.12 EPS for the current year.

Dillard’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 4th. Investors of record on Tuesday, March 31st were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Tuesday, March 31st. Dillard’s’s payout ratio is presently 2.85%.

About Dillard’s

(Get Free Report)

Dillard’s, Inc (NYSE:DDS), headquartered in Little Rock, Arkansas, is a U.S.-based department store chain founded by William T. Dillard in 1938. Over more than eight decades of operation, the company has grown from a single store in Nashville, Arkansas, to a prominent retailer with a national footprint. Dillard’s equity is publicly traded on the New York Stock Exchange under the ticker DDS.

The company operates approximately 280 departmental stores across 29 states, offering a broad assortment of merchandise that includes men’s and women’s apparel, accessories, cosmetics, footwear, and home furnishings.

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Analyst Recommendations for Dillard's (NYSE:DDS)

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