Shares of Dillard's, Inc. (NYSE:DDS - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $434.02, but opened at $448.35. Dillard's shares last traded at $441.08, with a volume of 19,065 shares.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on DDS shares. UBS Group lifted their target price on Dillard's from $194.00 to $198.00 and gave the stock a "sell" rating in a report on Friday, November 15th. Telsey Advisory Group boosted their price objective on Dillard's from $380.00 to $450.00 and gave the company a "market perform" rating in a report on Friday, November 15th. Finally, StockNews.com upgraded Dillard's from a "hold" rating to a "buy" rating in a report on Friday, November 15th.
Get Our Latest Research Report on Dillard's
Dillard's Stock Performance
The company has a 50-day simple moving average of $385.11 and a two-hundred day simple moving average of $397.80. The company has a quick ratio of 1.02, a current ratio of 2.38 and a debt-to-equity ratio of 0.27. The firm has a market cap of $7.22 billion, a PE ratio of 11.48 and a beta of 0.86.
Dillard's Announces Dividend
The company also recently declared a dividend, which will be paid on Monday, January 6th. Stockholders of record on Friday, December 13th will be given a dividend of $25.00 per share. The ex-dividend date of this dividend is Friday, December 13th. Dillard's's dividend payout ratio is presently 2.57%.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in DDS. Pacer Advisors Inc. purchased a new position in shares of Dillard's during the 3rd quarter valued at $125,388,000. Vanguard Group Inc. raised its stake in shares of Dillard's by 15.5% during the 1st quarter. Vanguard Group Inc. now owns 394,909 shares of the company's stock valued at $186,255,000 after purchasing an additional 52,974 shares during the period. Renaissance Technologies LLC raised its stake in shares of Dillard's by 36.0% during the 2nd quarter. Renaissance Technologies LLC now owns 124,200 shares of the company's stock valued at $54,696,000 after purchasing an additional 32,900 shares during the period. Victory Capital Management Inc. raised its stake in shares of Dillard's by 229.1% during the 3rd quarter. Victory Capital Management Inc. now owns 18,249 shares of the company's stock valued at $7,002,000 after purchasing an additional 12,704 shares during the period. Finally, LMR Partners LLP bought a new stake in shares of Dillard's during the 3rd quarter valued at $4,796,000. Hedge funds and other institutional investors own 67.15% of the company's stock.
Dillard's Company Profile
(
Get Free Report)
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.
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