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

StockNews.com upgraded shares of Dillard’s (NYSE:DDS) from a hold rating to a buy rating in a report released on Friday.

Several other research analysts have also recently commented on DDS. UBS Group boosted their target price on Dillard’s from $194.00 to $198.00 and gave the stock a “sell” rating in a research note on Friday, November 15th. Telsey Advisory Group boosted their price target on shares of Dillard’s from $380.00 to $450.00 and gave the company a “market perform” rating in a research report on Friday, November 15th.

Dillard’s Stock Performance

NYSE DDS opened at $468.87 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02. The company has a market cap of $7.45 billion, a P/E ratio of 12.07 and a beta of 0.89. The stock has a 50-day moving average of $451.07 and a two-hundred day moving average of $403.08. Dillard’s has a 1-year low of $328.00 and a 1-year high of $492.99.

Dillard’s Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, January 6th. Shareholders of record on Monday, December 16th were given a dividend of $25.00 per share. This represents a yield of 5.68%. The ex-dividend date of this dividend was Friday, December 13th. Dillard’s’s payout ratio is 2.57%.

Insider Activity at Dillard’s

In other Dillard’s news, VP Tom W. Bolin sold 300 shares of the stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total transaction of $130,035.00. Following the sale, the vice president now owns 1,167 shares in the company, valued at approximately $505,836.15. This represents a 20.45 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 33.80% of the company’s stock.

Hedge Funds Weigh In On Dillard’s

Institutional investors have recently modified their holdings of the company. Capital Performance Advisors LLP acquired a new position in Dillard’s during the third quarter worth approximately $29,000. US Bancorp DE raised its holdings in shares of Dillard’s by 61.3% during the 3rd quarter. US Bancorp DE now owns 129 shares of the company’s stock valued at $49,000 after buying an additional 49 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Dillard’s during the third quarter worth $70,000. Signaturefd LLC grew its stake in shares of Dillard’s by 1,500.0% during the third quarter. Signaturefd LLC now owns 224 shares of the company’s stock valued at $86,000 after acquiring an additional 210 shares in the last quarter. Finally, KBC Group NV raised its position in shares of Dillard’s by 85.3% in the 4th quarter. KBC Group NV now owns 215 shares of the company’s stock valued at $93,000 after purchasing an additional 99 shares in the last quarter. Institutional investors and hedge funds 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.