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

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

A number of other research analysts have also issued reports on the company. Telsey Advisory Group reissued a "market perform" rating and issued a $450.00 target price on shares of Dillard's in a report on Wednesday, February 26th. UBS Group lifted their price objective on shares of Dillard's from $200.00 to $202.00 and gave the company a "sell" rating in a research report on Friday, February 28th.

Dillard's Stock Performance

Shares of Dillard's stock traded down $6.25 during trading on Wednesday, reaching $353.37. The company's stock had a trading volume of 752,433 shares, compared to its average volume of 129,804. The company has a 50-day moving average price of $438.09 and a two-hundred day moving average price of $415.64. Dillard's has a fifty-two week low of $328.00 and a fifty-two week high of $510.00. The firm has a market cap of $5.62 billion, a PE ratio of 9.10 and a beta of 0.89. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27.

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

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Insider Transactions at Dillard's

In other news, VP Tom W. Bolin sold 300 shares of the company's stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $433.45, for a total transaction of $130,035.00. Following the transaction, the vice president now directly owns 1,167 shares of the company's stock, valued at $505,836.15. This represents a 20.45 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 33.80% of the company's stock.

Institutional Trading of Dillard's

Institutional investors have recently added to or reduced their stakes in the stock. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Dillard's in the fourth quarter valued at about $405,000. Gordian Capital Singapore Pte Ltd purchased a new position in Dillard's in the 4th quarter valued at approximately $70,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Dillard's by 27.0% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,132 shares of the company's stock worth $4,374,000 after purchasing an additional 2,155 shares during the last quarter. Summit Street Capital Management LLC purchased a new stake in Dillard's during the fourth quarter worth $9,155,000. Finally, Quantinno Capital Management LP acquired a new stake in Dillard's in the fourth quarter valued at $285,000. Hedge funds and other institutional investors own 67.15% of the company's stock.

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.