Dillard’s (NYSE:DDS) Stock Price Expected to Rise, Telsey Advisory Group Analyst Says

Dillard’s (NYSE:DDS) had its price target lifted by stock analysts at Telsey Advisory Group from $380.00 to $450.00 in a research note issued on Friday,Briefing.com Automated Import reports. The brokerage presently has a “market perform” rating on the stock. Telsey Advisory Group’s price target would suggest a potential upside of 3.76% from the company’s previous close.

Other analysts have also recently issued reports about the company. UBS Group cut their price target on Dillard’s from $202.00 to $194.00 and set a “sell” rating on the stock in a research note on Friday, August 16th. StockNews.com downgraded Dillard’s from a “buy” rating to a “hold” rating in a report on Tuesday, November 5th.

Dillard’s Stock Performance

Shares of Dillard’s stock opened at $433.69 on Friday. The business has a 50-day simple moving average of $372.67 and a 200-day simple moving average of $397.84. The company has a market cap of $7.02 billion, a PE ratio of 10.68 and a beta of 0.86. Dillard’s has a one year low of $314.57 and a one year high of $476.48. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.62 and a current ratio of 3.14.

Dillard’s (NYSE:DDS) last announced its quarterly earnings data on Thursday, August 15th. The company reported $4.59 earnings per share for the quarter, missing analysts’ consensus estimates of $5.97 by ($1.38). The firm had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.53 billion. Dillard’s had a net margin of 9.94% and a return on equity of 34.29%. Dillard’s’s revenue for the quarter was down 6.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $7.98 earnings per share. On average, equities research analysts forecast that Dillard’s will post 31.2 EPS for the current fiscal year.

Insider Buying and Selling at Dillard’s

In related news, Director Robert C. Connor purchased 100 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The stock was purchased at an average cost of $346.82 per share, with a total value of $34,682.00. Following the completion of the acquisition, the director now directly owns 78,000 shares in the company, valued at $27,051,960. This trade represents a 0.13 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 33.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Martingale Asset Management L P boosted its holdings in Dillard’s by 24.3% in the 3rd quarter. Martingale Asset Management L P now owns 4,762 shares of the company’s stock valued at $1,827,000 after purchasing an additional 930 shares in the last quarter. Cynosure Group LLC grew its holdings in Dillard’s by 117.9% during the third quarter. Cynosure Group LLC now owns 1,950 shares of the company’s stock worth $748,000 after acquiring an additional 1,055 shares during the period. BNP Paribas Financial Markets raised its position in Dillard’s by 9.3% in the third quarter. BNP Paribas Financial Markets now owns 6,928 shares of the company’s stock worth $2,658,000 after acquiring an additional 588 shares in the last quarter. FMR LLC lifted its holdings in Dillard’s by 200.0% in the third quarter. FMR LLC now owns 1,185 shares of the company’s stock valued at $455,000 after acquiring an additional 790 shares during the period. Finally, Quantbot Technologies LP boosted its position in shares of Dillard’s by 49.3% during the 3rd quarter. Quantbot Technologies LP now owns 5,659 shares of the company’s stock worth $2,171,000 after purchasing an additional 1,868 shares in the last quarter. 67.15% of the stock is currently owned by institutional investors and hedge funds.

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.