Dillard's (NYSE:DDS) Price Target Raised to $450.00

Dillard's (NYSE:DDS - Get Free Report) had its price objective raised by investment analysts at Telsey Advisory Group from $380.00 to $450.00 in a report issued on Friday, Marketbeat reports. The brokerage presently has a "market perform" rating on the stock. Telsey Advisory Group's target price points to a potential upside of 5.65% from the stock's current price.

DDS has been the subject of several other research reports. UBS Group lowered their target price on shares of Dillard's from $202.00 to $194.00 and set a "sell" rating for the company in a research note on Friday, August 16th. StockNews.com cut shares of Dillard's from a "buy" rating to a "hold" rating in a research report on Tuesday, November 5th.

Dillard's Trading Down 1.6 %

DDS traded down $7.14 during trading hours on Friday, reaching $425.92. The company's stock had a trading volume of 154,531 shares, compared to its average volume of 117,942. The stock has a market cap of $6.89 billion, a PE ratio of 10.52 and a beta of 0.86. Dillard's has a fifty-two week low of $314.57 and a fifty-two week high of $476.48. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.14 and a quick ratio of 1.62. The business's 50-day moving average is $372.67 and its 200-day moving average is $397.84.

Dillard's (NYSE:DDS - Get Free Report) last announced its quarterly earnings results on Thursday, August 15th. The company reported $4.59 EPS for the quarter, missing the consensus estimate of $5.97 by ($1.38). The business 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%. The business's revenue for the quarter was down 6.7% on a year-over-year basis. During the same period last year, the company earned $7.98 EPS. As a group, equities research analysts predict that Dillard's will post 31.2 earnings per share for the current fiscal year.

Insider Buying and Selling at Dillard's

In other Dillard's news, Director Robert C. Connor purchased 100 shares of the firm's stock in a transaction on Monday, August 19th. The stock was bought at an average price of $346.82 per share, with a total value of $34,682.00. Following the transaction, the director now directly owns 78,000 shares of the company's stock, valued at approximately $27,051,960. This represents a 0.13 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 33.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Dillard's

Hedge funds have recently modified their holdings of the stock. ProShare Advisors LLC raised its position in Dillard's by 6.3% in the 1st quarter. ProShare Advisors LLC now owns 612 shares of the company's stock valued at $289,000 after purchasing an additional 36 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Dillard's by 11.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 455 shares of the company's stock worth $175,000 after acquiring an additional 45 shares in the last quarter. US Bancorp DE increased its position in shares of Dillard's by 61.3% in the 3rd quarter. US Bancorp DE now owns 129 shares of the company's stock valued at $49,000 after purchasing an additional 49 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Dillard's by 1.9% in the 2nd quarter. AQR Capital Management LLC now owns 2,745 shares of the company's stock valued at $1,209,000 after purchasing an additional 50 shares in the last quarter. Finally, Atlantic Edge Private Wealth Management LLC acquired a new position in shares of Dillard's during the second quarter worth $26,000. 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.