Dillard's (NYSE:DDS) Rating Increased to Buy at StockNews.com

Dillard's (NYSE:DDS - Get Free Report) was upgraded by investment analysts at StockNews.com from a "hold" rating to a "buy" rating in a report issued on Friday.

DDS has been the topic of several other research reports. UBS Group increased their target price on Dillard's from $200.00 to $202.00 and gave the stock a "sell" rating in a research report on Friday, February 28th. Telsey Advisory Group reaffirmed a "market perform" rating and set a $450.00 price objective on shares of Dillard's in a research note on Wednesday, February 26th.

Dillard's Stock Up 1.8 %

Dillard's stock traded up $5.67 during midday trading on Friday, hitting $327.22. 42,630 shares of the stock were exchanged, compared to its average volume of 139,575. 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 stock has a market capitalization of $5.20 billion, a price-to-earnings ratio of 8.42 and a beta of 0.66. Dillard's has a 52-week low of $282.24 and a 52-week high of $510.00. The business's 50-day moving average price is $371.58 and its 200-day moving average price is $410.65.

Dillard's (NYSE:DDS - Get Free Report) last announced its quarterly earnings data on Tuesday, February 25th. The company reported $13.48 EPS for the quarter, topping the consensus estimate of $9.84 by $3.64. Dillard's had a net margin of 9.55% and a return on equity of 32.13%. The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the previous year, the firm posted $15.44 earnings per share. The company's revenue for the quarter was down 5.0% on a year-over-year basis. On average, research analysts expect that Dillard's will post 33.25 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of DDS. State Street Corp grew its stake in Dillard's by 3.7% in the 3rd quarter. State Street Corp now owns 76,515 shares of the company's stock worth $29,377,000 after buying an additional 2,758 shares in the last quarter. Consolidated Planning Corp increased its stake in Dillard's by 154.5% in the fourth quarter. Consolidated Planning Corp now owns 1,514 shares of the company's stock valued at $654,000 after acquiring an additional 919 shares during the last quarter. Pacer Advisors Inc. increased its stake in Dillard's by 7.7% in the fourth quarter. Pacer Advisors Inc. now owns 352,006 shares of the company's stock valued at $151,975,000 after acquiring an additional 25,212 shares during the last quarter. Stifel Financial Corp lifted its stake in Dillard's by 10.1% during the third quarter. Stifel Financial Corp now owns 5,105 shares of the company's stock worth $1,957,000 after purchasing an additional 467 shares during the last quarter. Finally, Proficio Capital Partners LLC purchased a new position in shares of Dillard's in the 4th quarter worth about $7,270,000. 67.15% of the stock is currently 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.