Dillard's (NYSE:DDS) Trading Down 4.3%

Dillard's, Inc. (NYSE:DDS - Get Free Report) shares fell 4.3% on Tuesday . The company traded as low as $421.76 and last traded at $421.76. 21,212 shares changed hands during mid-day trading, a decline of 77% from the average session volume of 91,873 shares. The stock had previously closed at $440.57.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on DDS. StockNews.com raised shares of Dillard's from a "hold" rating to a "buy" rating in a research note on Saturday, January 13th. UBS Group boosted their target price on shares of Dillard's from $180.00 to $190.00 and gave the stock a "sell" rating in a research report on Tuesday, February 27th. Finally, Telsey Advisory Group boosted their target price on shares of Dillard's from $330.00 to $450.00 and gave the stock a "market perform" rating in a research report on Tuesday, February 27th.

Dillard's Trading Down 3.9 %

The company has a current ratio of 2.67, a quick ratio of 1.35 and a debt-to-equity ratio of 0.31. The stock has a market cap of $6.87 billion, a P/E ratio of 9.46 and a beta of 0.95. The firm's 50-day simple moving average is $422.73 and its 200 day simple moving average is $375.76.

Dillard's (NYSE:DDS - Get Free Report) last posted its quarterly earnings data on Monday, February 26th. The company reported $13.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.59 by $2.10. The business had revenue of $2.12 billion during the quarter, compared to analysts' expectations of $2.08 billion. Dillard's had a net margin of 10.94% and a return on equity of 40.90%. As a group, equities research analysts anticipate that Dillard's, Inc. will post 32.59 earnings per share for the current year.

Dillard's Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, May 6th. Investors of record on Thursday, March 28th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.24%. The ex-dividend date of this dividend is Wednesday, March 27th. Dillard's's dividend payout ratio is presently 2.23%.

Insider Activity at Dillard's

In related news, Director J C. Watts, Jr. sold 500 shares of the stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $411.21, for a total transaction of $205,605.00. Following the completion of the sale, the director now directly owns 11,400 shares of the company's stock, valued at $4,687,794. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Dillard's news, Director J C. Watts, Jr. sold 500 shares of the stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $411.21, for a total value of $205,605.00. Following the completion of the sale, the director now owns 11,400 shares in the company, valued at approximately $4,687,794. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director J C. Watts, Jr. sold 1,000 shares of the stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $382.55, for a total transaction of $382,550.00. Following the completion of the sale, the director now owns 11,900 shares of the company's stock, valued at approximately $4,552,345. The disclosure for this sale can be found here. Company insiders own 32.50% of the company's stock.

Institutional Investors Weigh In On Dillard's

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Federated Hermes Inc. increased its stake in shares of Dillard's by 55.0% during the 3rd quarter. Federated Hermes Inc. now owns 93 shares of the company's stock worth $25,000 after purchasing an additional 33 shares during the last quarter. Osaic Holdings Inc. increased its stake in shares of Dillard's by 425.3% during the 2nd quarter. Osaic Holdings Inc. now owns 3,036 shares of the company's stock worth $32,000 after purchasing an additional 2,458 shares during the last quarter. IFP Advisors Inc increased its stake in shares of Dillard's by 52.9% during the 2nd quarter. IFP Advisors Inc now owns 133 shares of the company's stock worth $43,000 after purchasing an additional 46 shares during the last quarter. Covestor Ltd grew its stake in Dillard's by 352.9% in the 3rd quarter. Covestor Ltd now owns 231 shares of the company's stock valued at $77,000 after buying an additional 180 shares during the last quarter. Finally, Lazard Asset Management LLC grew its stake in Dillard's by 15.0% in the 2nd quarter. Lazard Asset Management LLC now owns 238 shares of the company's stock valued at $77,000 after buying an additional 31 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 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.