Dillard's (NYSE:DDS) Price Target Increased to $475.00 by Analysts at Telsey Advisory Group

Dillard's (NYSE:DDS - Get Free Report) had its price objective hoisted by investment analysts at Telsey Advisory Group from $450.00 to $475.00 in a note issued to investors on Friday, MarketBeat Ratings reports. The brokerage presently has a "market perform" rating on the stock. Telsey Advisory Group's target price would indicate a potential upside of 8.60% from the stock's previous close.

Separately, UBS Group lifted their target price on Dillard's from $180.00 to $190.00 and gave the company a "sell" rating in a research note on Tuesday, February 27th.

Dillard's Trading Up 0.7 %

DDS stock traded up $2.93 during midday trading on Friday, reaching $437.38. The company's stock had a trading volume of 107,580 shares, compared to its average volume of 95,275. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.35 and a current ratio of 2.67. The stock has a fifty day simple moving average of $434.35 and a two-hundred day simple moving average of $397.75. Dillard's has a 1 year low of $272.58 and a 1 year high of $476.48. The firm has a market capitalization of $7.10 billion, a price-to-earnings ratio of 9.76 and a beta of 1.00.

Dillard's (NYSE:DDS - Get Free Report) last released its earnings results on Thursday, May 16th. The company reported $11.09 earnings per share for the quarter, topping analysts' consensus estimates of $9.69 by $1.40. Dillard's had a return on equity of 40.90% and a net margin of 10.94%. The business had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.55 billion. During the same quarter last year, the firm posted $11.85 earnings per share. The business's revenue was down 2.2% compared to the same quarter last year. On average, equities research analysts predict that Dillard's will post 32.59 EPS for the current year.

Insider Buying and Selling at Dillard's

In other news, Director J C. Watts, Jr. sold 500 shares of the business's stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $411.21, for a total transaction of $205,605.00. Following the sale, the director now owns 11,400 shares in the company, valued at $4,687,794. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 33.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Dillard's

Large investors have recently bought and sold shares of the company. Comerica Bank lifted its holdings in Dillard's by 10.0% in the first quarter. Comerica Bank now owns 7,428 shares of the company's stock valued at $3,503,000 after acquiring an additional 673 shares during the period. Jacobs Levy Equity Management Inc. lifted its holdings in Dillard's by 1.3% in the first quarter. Jacobs Levy Equity Management Inc. now owns 99,225 shares of the company's stock valued at $46,798,000 after acquiring an additional 1,265 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in Dillard's by 5.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 1,867 shares of the company's stock valued at $881,000 after acquiring an additional 97 shares during the period. BOKF NA acquired a new position in shares of Dillard's during the 1st quarter worth approximately $317,000. Finally, Hyperion Capital Advisors LP acquired a new position in shares of Dillard's during the 1st quarter worth approximately $259,000. Hedge funds and other institutional investors own 67.15% of the company's stock.

About Dillard's

Dillard's, Inc operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. The company's stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods.