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

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 note issued to investors on Saturday.

Several other brokerages have also recently weighed in on DDS. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $450.00 price objective on shares of Dillard's in a report on Friday, May 16th. UBS Group lifted their price target on Dillard's from $150.00 to $170.00 and gave the company a "sell" rating in a research note on Friday, May 16th.

Dillard's Price Performance

NYSE DDS traded down $7.00 during midday trading on Friday, hitting $448.82. The company had a trading volume of 129,922 shares, compared to its average volume of 146,486. The company has a market capitalization of $7.02 billion, a PE ratio of 12.39 and a beta of 0.99. The company has a current ratio of 2.41, a quick ratio of 1.13 and a debt-to-equity ratio of 0.28. The firm has a 50-day moving average price of $398.45 and a 200-day moving average price of $405.12. Dillard's has a twelve month low of $282.24 and a twelve month high of $510.00.

Dillard's (NYSE:DDS - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The company reported $10.39 earnings per share for the quarter, beating the consensus estimate of $9.10 by $1.29. The firm had revenue of $1.54 billion during the quarter, compared to analysts' expectations of $1.53 billion. Dillard's had a return on equity of 30.52% and a net margin of 8.93%. During the same period in the previous year, the firm earned $11.10 EPS. As a group, analysts anticipate that Dillard's will post 33.25 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Dillard's

Hedge funds and other institutional investors have recently modified their holdings of the business. Sowell Financial Services LLC bought a new stake in Dillard's during the 1st quarter worth $266,000. Proficio Capital Partners LLC bought a new stake in Dillard's during the 4th quarter worth $7,270,000. Sequoia Financial Advisors LLC grew its position in Dillard's by 3.5% during the 1st quarter. Sequoia Financial Advisors LLC now owns 1,047 shares of the company's stock worth $375,000 after acquiring an additional 35 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Dillard's during the 4th quarter worth $556,000. Finally, Wells Fargo & Company MN grew its position in Dillard's by 9.5% during the 4th quarter. Wells Fargo & Company MN now owns 783 shares of the company's stock worth $338,000 after acquiring an additional 68 shares during the last quarter. Institutional investors own 67.15% of the company's stock.

About Dillard's

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.