Dillard's (NYSE:DDS) Upgraded by StockNews.com to Buy Rating

Dillard's (NYSE:DDS - Get Free Report) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Tuesday.

DDS has been the topic of a number of other research reports. UBS Group increased their price objective on Dillard's from $200.00 to $202.00 and gave the stock a "sell" rating in a report on Friday, February 28th. Telsey Advisory Group reissued a "market perform" rating and issued a $450.00 price target on shares of Dillard's in a report on Wednesday, February 26th.

Dillard's Stock Performance

DDS traded up $11.13 during trading hours on Tuesday, hitting $362.97. The stock had a trading volume of 116,736 shares, compared to its average volume of 140,833. Dillard's has a 1 year low of $282.24 and a 1 year high of $510.00. The company's fifty day simple moving average is $347.81 and its 200 day simple moving average is $409.22. The stock has a market cap of $5.77 billion, a PE ratio of 9.34 and a beta of 0.66. The company has a quick ratio of 1.02, a current ratio of 2.38 and a debt-to-equity ratio of 0.27.

Dillard's (NYSE:DDS - Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The company reported $13.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.84 by $3.64. Dillard's had a net margin of 9.55% and a return on equity of 32.13%. The company had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the previous year, the firm posted $15.44 earnings per share. The company's quarterly revenue was down 5.0% compared to the same quarter last year. Equities analysts anticipate that Dillard's will post 33.25 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Barclays PLC increased its holdings in shares of Dillard's by 9.0% in the 3rd quarter. Barclays PLC now owns 2,424 shares of the company's stock worth $930,000 after buying an additional 200 shares during the last quarter. Tidal Investments LLC increased its stake in Dillard's by 3.3% in the third quarter. Tidal Investments LLC now owns 4,854 shares of the company's stock valued at $1,862,000 after acquiring an additional 157 shares during the last quarter. Nisa Investment Advisors LLC raised its position in Dillard's by 7.5% during the fourth quarter. Nisa Investment Advisors LLC now owns 13,662 shares of the company's stock valued at $6,243,000 after purchasing an additional 950 shares in the last quarter. SG Americas Securities LLC bought a new stake in Dillard's during the fourth quarter worth about $462,000. Finally, Blue Trust Inc. boosted its holdings in shares of Dillard's by 20.7% in the 4th quarter. Blue Trust Inc. now owns 518 shares of the company's stock worth $224,000 after purchasing an additional 89 shares in 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.