Dillard's (NYSE:DDS) Lowered to "Hold" Rating by Wall Street Zen

Dillard's (NYSE:DDS - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a report issued on Friday.

Several other equities analysts have also weighed in on the stock. UBS Group boosted their target price on shares of Dillard's from $150.00 to $170.00 and gave the company a "sell" rating in a report on Friday, May 16th. Telsey Advisory Group reiterated a "market perform" rating and issued a $450.00 target price on shares of Dillard's in a report on Friday, May 16th.

Dillard's Price Performance

DDS traded up $1.14 on Friday, reaching $414.37. 209,148 shares of the company's stock were exchanged, compared to its average volume of 147,128. The stock has a market cap of $6.48 billion, a PE ratio of 11.45 and a beta of 1.00. Dillard's has a twelve month low of $282.24 and a twelve month high of $510.00. The stock's fifty day moving average price is $384.50 and its 200-day moving average price is $405.63. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.41 and a quick ratio of 1.13.

Dillard's (NYSE:DDS - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The company reported $10.39 earnings per share for the quarter, topping analysts' consensus estimates of $9.10 by $1.29. The firm had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. Dillard's had a net margin of 8.93% and a return on equity of 30.52%. During the same period in the previous year, the business posted $11.10 earnings per share. Sell-side analysts expect that Dillard's will post 33.25 EPS for the current year.

Institutional Investors Weigh In On Dillard's

A number of institutional investors and hedge funds have recently made changes to their positions in DDS. PNC Financial Services Group Inc. increased its stake in Dillard's by 177.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 61 shares of the company's stock worth $26,000 after buying an additional 39 shares during the period. Aster Capital Management DIFC Ltd purchased a new position in Dillard's in the 4th quarter valued at approximately $36,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Dillard's by 110.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 139 shares of the company's stock worth $50,000 after acquiring an additional 73 shares in the last quarter. Whipplewood Advisors LLC grew its stake in shares of Dillard's by 2,980.0% in the first quarter. Whipplewood Advisors LLC now owns 154 shares of the company's stock worth $55,000 after acquiring an additional 149 shares in the last quarter. Finally, Gordian Capital Singapore Pte Ltd acquired a new position in shares of Dillard's in the fourth quarter worth $70,000. 67.15% of the stock is owned by hedge funds and other institutional investors.

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.