UBS Group Increases Dillard’s (NYSE:DDS) Price Target to $200.00

Dillard’s (NYSE:DDS) had its target price raised by equities research analysts at UBS Group from $196.00 to $200.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has a “sell” rating on the stock. UBS Group’s target price would indicate a potential downside of 60.12% from the stock’s current price.

A number of other equities analysts have also commented on DDS. StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a research note on Tuesday, February 11th. Telsey Advisory Group raised their price objective on Dillard’s from $380.00 to $450.00 and gave the company a “market perform” rating in a research note on Friday, November 15th.

Dillard’s Price Performance

Shares of Dillard’s stock opened at $501.54 on Wednesday. The stock has a 50 day moving average of $459.17 and a 200 day moving average of $409.58. Dillard’s has a 12 month low of $328.00 and a 12 month high of $509.36. The firm has a market cap of $7.97 billion, a PE ratio of 12.86 and a beta of 0.88. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27.

Insider Activity

In related news, VP Tom W. Bolin sold 300 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the vice president now directly owns 1,167 shares of the company’s stock, valued at approximately $505,836.15. This trade represents a 20.45 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 33.80% of the company’s stock.

Institutional Investors Weigh In On Dillard’s

Institutional investors and hedge funds have recently modified their holdings of the business. State Street Corp lifted its stake in shares of Dillard’s by 3.7% during the 3rd quarter. State Street Corp now owns 76,515 shares of the company’s stock worth $29,377,000 after acquiring an additional 2,758 shares during the last quarter. Consolidated Planning Corp lifted its stake in shares of Dillard’s by 154.5% during the 4th quarter. Consolidated Planning Corp now owns 1,514 shares of the company’s stock worth $654,000 after acquiring an additional 919 shares during the last quarter. Frank Rimerman Advisors LLC purchased a new position in Dillard’s during the 3rd quarter worth $611,000. Pacer Advisors Inc. purchased a new position in Dillard’s during the 3rd quarter worth $125,388,000. Finally, Quantbot Technologies LP increased its holdings in 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 during the period. 67.15% of the stock is owned by 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.