Dillard’s (NYSE:DDS) Upgraded to “Hold” by ValuEngine

ValuEngine upgraded shares of Dillard’s (NYSE:DDS) from a sell rating to a hold rating in a research report sent to investors on Monday, ValuEngine reports.

A number of other equities analysts have also recently issued reports on the stock. Deutsche Bank lifted their target price on shares of Macy’s from $27.00 to $28.00 and gave the stock a hold rating in a research report on Thursday, May 16th. Wedbush reissued a hold rating and issued a $1.00 price objective on shares of Regulus Therapeutics in a research report on Thursday, May 16th. TheStreet raised shares of ZTO Express (Cayman) from a c+ rating to a b rating in a research report on Thursday, May 16th. Finally, Zacks Investment Research raised shares of HANNOVER RUECK/S from a sell rating to a hold rating in a research report on Friday, May 17th. Three equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. Dillard’s currently has a consensus rating of Hold and an average target price of $62.67.

Shares of DDS opened at $62.85 on Monday. The company has a current ratio of 1.78, a quick ratio of 0.22 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $1.60 billion, a PE ratio of 10.27, a P/E/G ratio of 1.27 and a beta of 1.00. The business’s 50-day simple moving average is $59.22. Dillard’s has a 12-month low of $53.96 and a 12-month high of $94.03.

Dillard’s (NYSE:DDS) last announced its earnings results on Wednesday, May 15th. The company reported $2.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.88 by ($0.11). The business had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.49 billion. Dillard’s had a return on equity of 9.67% and a net margin of 2.62%. The business’s revenue was up .5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.89 EPS. Research analysts predict that Dillard’s will post 5.23 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 5th. Stockholders of record on Friday, June 28th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date is Thursday, June 27th. Dillard’s’s dividend payout ratio is presently 6.54%.

In other news, Director Robert C. Connor acquired 800 shares of the business’s stock in a transaction dated Monday, May 20th. The stock was acquired at an average price of $56.86 per share, with a total value of $45,488.00. Following the completion of the transaction, the director now directly owns 70,200 shares in the company, valued at approximately $3,991,572. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 20.10% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in DDS. Norges Bank purchased a new stake in Dillard’s in the fourth quarter valued at approximately $23,247,000. Marshall Wace LLP bought a new position in Dillard’s in the 1st quarter valued at about $12,535,000. Trexquant Investment LP bought a new position in shares of Dillard’s during the 1st quarter valued at about $3,754,000. D. E. Shaw & Co. Inc. lifted its stake in Dillard’s by 368.5% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 41,279 shares of the company’s stock valued at $2,490,000 after buying an additional 32,469 shares in the last quarter. Finally, Marshall Wace North America L.P. purchased a new stake in shares of Dillard’s in the first quarter worth approximately $1,936,000. Hedge funds and other institutional investors own 88.77% of the company’s stock.

Dillard’s Company Profile

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.

Recommended Story: Hold Rating

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Dillard`s (NYSE:DDS)

Receive News & Ratings for Dillard's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dillard's and related companies with MarketBeat.com's FREE daily email newsletter.