Dillard’s (TXSE:DDS) Share Price Breaks Below 200-Day Moving Average – Should You Sell?

Shares of Dillard’s, Inc. (TXSE:DDS) crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $605.90 and traded as low as $597.06. Dillard’s shares last traded at $602.38, with a volume of 93,441 shares traded.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Weiss Ratings lowered shares of Dillard’s from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, September 8th. UBS Group increased their target price on shares of Dillard’s from $465.00 to $468.00 and gave the stock a “sell” rating in a research note on Monday, August 17th. Wall Street Zen cut shares of Dillard’s from a “buy” rating to a “hold” rating in a report on Saturday, September 12th. JPMorgan Chase & Co. lifted their price target on shares of Dillard’s from $496.00 to $519.00 and gave the company an “underweight” rating in a research note on Monday, August 17th. Finally, Zacks Research lowered shares of Dillard’s from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. Three research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $545.67.

Dillard’s Price Performance

The stock has a market capitalization of $9.41 billion, a price-to-earnings ratio of 13.80 and a beta of 1.00. The business’s fifty day moving average price is $651.73 and its 200-day moving average price is $605.90. The company has a debt-to-equity ratio of 0.16, a current ratio of 3.03 and a quick ratio of 1.58.

Dillard’s (TXSE:DDS) last posted its quarterly earnings data on Thursday, August 13th. The company reported $6.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.29 by $1.96. The company had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.52 billion. Dillard’s had a return on equity of 31.88% and a net margin of 10.48%. On average, research analysts forecast that Dillard’s, Inc. will post 35.50 EPS for the current year.

Dillard’s Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, November 2nd. Stockholders of record on Wednesday, September 30th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Wednesday, September 30th. Dillard’s’s dividend payout ratio (DPR) is 2.75%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of DDS. Eurizon Capital SGR S.p.A. bought a new position in shares of Dillard’s in the 3rd quarter worth $26,000. R Squared Ltd purchased a new stake in shares of Dillard’s during the 3rd quarter valued at $247,000. Jefferies Financial Group Inc. lifted its holdings in shares of Dillard’s by 222.9% during the 3rd quarter. Jefferies Financial Group Inc. now owns 4,094 shares of the company’s stock worth $2,743,000 after acquiring an additional 2,826 shares during the last quarter. Keybank National Association OH bought a new stake in shares of Dillard’s during the 3rd quarter worth $241,000. Finally, Fulcrum Asset Management LLP purchased a new position in Dillard’s in the third quarter worth $180,000. 67.15% of the stock is currently owned by institutional investors.

Dillard’s Company Profile

Dillard’s, Inc is an American department store company that sells a broad selection of fashion apparel, accessories, cosmetics, footwear, and home furnishings. Its merchandise is offered through department stores and its e-commerce platform, serving customers seeking national and private-label brands across a range of product categories.

The company was founded in 1938 by William T. Dillard and is headquartered in Little Rock, Arkansas. Over time, Dillard’s expanded through the acquisition and development of department stores, establishing a strong presence in the Southern, Southwestern, and Midwestern United States.