Dillard's (NYSE:DDS) Given "Hold (C)" Rating at Weiss Ratings

Key Points

• Dillard's has had its stock rating restated as a "Hold (C)" by Weiss Ratings amid various ratings adjustments from multiple research firms.
• JPMorgan Chase recently increased the price target for Dillard's from $368.00 to $458.00, while UBS Group set a target of $175.00 with a "sell" rating.
• Dillard's reported a quarterly earnings per share of $4.66, exceeding expectations and showing a revenue increase of 1.6% year-over-year.

Dillard's (NYSE:DDS - Get Free Report)'s stock had its "hold (c)" rating restated by research analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Several other research firms have also commented on DDS. JPMorgan Chase & Co. upped their price objective on Dillard's from $368.00 to $458.00 and gave the stock an "underweight" rating in a research note on Monday, July 28th. UBS Group increased their price target on Dillard's from $170.00 to $175.00 and gave the stock a "sell" rating in a research note on Friday, August 15th. Zacks Research lowered Dillard's from a "strong-buy" rating to a "hold" rating in a research note on Friday, September 26th. Wall Street Zen lowered Dillard's from a "buy" rating to a "hold" rating in a research note on Saturday, August 30th. Finally, Telsey Advisory Group increased their price target on Dillard's from $450.00 to $550.00 and gave the stock a "market perform" rating in a research note on Friday, August 15th. Three analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Reduce" and a consensus target price of $394.33.

Dillard's Stock Down 0.3%

DDS stock traded down $2.03 during midday trading on Wednesday, hitting $610.13. The company's stock had a trading volume of 111,457 shares, compared to its average volume of 114,093. The company has a market cap of $9.54 billion, a PE ratio of 16.83 and a beta of 1.09. Dillard's has a 12 month low of $282.24 and a 12 month high of $637.73. The company has a current ratio of 2.68, a quick ratio of 1.41 and a debt-to-equity ratio of 0.22. The firm's 50-day moving average is $552.68 and its 200-day moving average is $447.22.

Dillard's (NYSE:DDS - Get Free Report) last released its quarterly earnings data on Thursday, August 14th. The company reported $4.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.79 by $0.87. The business had revenue of $1.51 billion for the quarter, compared to analysts' expectations of $1.50 billion. Dillard's had a return on equity of 30.55% and a net margin of 8.87%.The firm's quarterly revenue was up 1.6% on a year-over-year basis. During the same period in the prior year, the firm posted $11.09 EPS. On average, equities research analysts forecast that Dillard's will post 33.25 earnings per share for the current fiscal year.

Institutional Trading of Dillard's

Several institutional investors have recently added to or reduced their stakes in DDS. GAMMA Investing LLC lifted its stake in Dillard's by 47,109.1% in the first quarter. GAMMA Investing LLC now owns 10,386 shares of the company's stock worth $3,720,000 after purchasing an additional 10,364 shares during the last quarter. 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 worth $59,000 after purchasing an additional 148 shares during the last quarter. Handelsbanken Fonder AB increased its position in shares of Dillard's by 25.0% during the first quarter. Handelsbanken Fonder AB now owns 3,000 shares of the company's stock worth $1,074,000 after acquiring an additional 600 shares during the period. Ritholtz Wealth Management increased its position in shares of Dillard's by 41.8% during the first quarter. Ritholtz Wealth Management now owns 3,051 shares of the company's stock worth $1,093,000 after acquiring an additional 900 shares during the period. Finally, Sowell Financial Services LLC purchased a new position in shares of Dillard's during the first quarter worth approximately $266,000. 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.

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