Dillard's (NYSE:DDS) Downgraded to Hold Rating by Wall Street Zen

Dillard's (NYSE:DDS - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Saturday.

Several other research analysts have also recently commented on the stock. UBS Group boosted their price target on shares of Dillard's from $150.00 to $170.00 and gave the stock a "sell" rating in a report on Friday, May 16th. Telsey Advisory Group reaffirmed a "market perform" rating and set a $450.00 price objective on shares of Dillard's in a research report on Friday, May 16th.

Dillard's Stock Down 2.9%

Shares of NYSE DDS traded down $12.99 during mid-day trading on Friday, hitting $442.21. The company had a trading volume of 197,166 shares, compared to its average volume of 147,139. The company has a market capitalization of $6.92 billion, a PE ratio of 12.22 and a beta of 0.99. The business's 50-day simple moving average is $400.74 and its 200 day simple moving average is $405.27. Dillard's has a 1-year low of $282.24 and a 1-year high of $510.00. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.41 and a quick ratio of 1.13.

Dillard's (NYSE:DDS - Get Free Report) last issued its quarterly earnings results on Thursday, May 15th. The company reported $10.39 earnings per share for the quarter, topping the consensus estimate of $9.10 by $1.29. Dillard's had a return on equity of 30.52% and a net margin of 8.93%. The company had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter in the prior year, the business earned $11.10 EPS. On average, analysts predict that Dillard's will post 33.25 earnings per share for the current year.

Institutional Trading of Dillard's

Institutional investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. grew its holdings in shares of Dillard's by 177.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 61 shares of the company's stock worth $26,000 after purchasing an additional 39 shares during the last quarter. Aster Capital Management DIFC Ltd purchased a new position in Dillard's during the 4th quarter worth approximately $36,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Dillard's by 110.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 139 shares of the company's stock worth $50,000 after buying an additional 73 shares during the period. Whipplewood Advisors LLC lifted its stake in Dillard's by 2,980.0% in the first quarter. Whipplewood Advisors LLC now owns 154 shares of the company's stock valued at $55,000 after buying an additional 149 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in Dillard's by 986.7% in the first quarter. Farther Finance Advisors LLC now owns 163 shares of the company's stock valued at $59,000 after buying an additional 148 shares during the last quarter. Hedge funds and other institutional investors own 67.15% of the company's stock.

Dillard's Company Profile

Dillard's, Inc engages in the retail of fashion apparel, cosmetics, and home furnishings, and other consumer goods. It operates through the Retail Operations and Construction segments. The Retail Operations segment comprises sells cosmetics, ladies' apparel, ladies' accessories and lingerie, juniors' and children's apparel, men's apparel and accessories, shoes, and home and furniture products.