ValuEngine upgraded shares of Dillard’s (NYSE:DDS) from a sell rating to a hold rating in a research report report published on Monday, ValuEngine reports.
Several other research analysts have also issued reports on the stock. Wedbush reiterated a hold rating and issued a $1.00 price target on shares of Regulus Therapeutics in a research note on Thursday, May 16th. 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. TheStreet raised shares of ZTO Express (Cayman) from a c+ rating to a b rating in a report on Thursday, May 16th. Finally, Deutsche Bank raised their price objective on shares of Macy’s from $27.00 to $28.00 and gave the stock a hold rating in a report on Thursday, May 16th. Three analysts have rated the stock with a sell rating and four have given a hold rating to the stock. The company currently has an average rating of Hold and an average target price of $62.67.
DDS stock traded up $3.49 during midday trading on Monday, reaching $63.90. The company had a trading volume of 18,998 shares, compared to its average volume of 414,811. The company has a quick ratio of 0.22, a current ratio of 1.78 and a debt-to-equity ratio of 0.35. Dillard’s has a 1 year low of $53.96 and a 1 year high of $94.03. The company has a market cap of $1.60 billion, a P/E ratio of 10.43, a P/E/G ratio of 1.27 and a beta of 1.00. The company’s 50-day moving average is $59.08.
Dillard’s (NYSE:DDS) last announced its quarterly earnings data on Wednesday, May 15th. The company reported $2.77 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.88 by ($0.11). The business had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.49 billion. Dillard’s had a net margin of 2.62% and a return on equity of 9.67%. Dillard’s’s revenue for the quarter was up .5% on a year-over-year basis. During the same period last year, the company posted $2.89 EPS. As a group, analysts anticipate that Dillard’s will post 5.23 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 5th. Shareholders of record on Friday, June 28th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.63%. The ex-dividend date is Thursday, June 27th. Dillard’s’s payout ratio is 6.54%.
In related news, Director Robert C. Connor bought 800 shares of the stock in a transaction dated Monday, May 20th. The stock was purchased at an average cost of $56.86 per share, with a total value of $45,488.00. Following the completion of the purchase, the director now owns 70,200 shares of the company’s stock, valued at $3,991,572. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 20.10% of the stock is owned by insiders.
A number of institutional investors have recently made changes to their positions in the business. Investors Research Corp purchased a new stake in shares of Dillard’s in the first quarter valued at approximately $79,000. NumerixS Investment Technologies Inc acquired a new position in shares of Dillard’s in the first quarter worth $86,000. Xact Kapitalforvaltning AB acquired a new position in shares of Dillard’s in the first quarter worth $216,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Dillard’s in the first quarter worth $234,000. Finally, CSat Investment Advisory L.P. raised its holdings in shares of Dillard’s by 4.7% in the first quarter. CSat Investment Advisory L.P. now owns 3,392 shares of the company’s stock worth $244,000 after acquiring an additional 153 shares during the last quarter. Institutional investors and hedge funds 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.
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