UBS Group Issues Positive Forecast for Dillard's (NYSE:DDS) Stock Price

Dillard's (NYSE:DDS - Get Free Report) had its target price raised by research analysts at UBS Group from $194.00 to $198.00 in a report issued on Friday,Benzinga reports. The firm currently has a "sell" rating on the stock. UBS Group's price target indicates a potential downside of 53.68% from the stock's previous close.

Other equities research analysts have also recently issued research reports about the stock. Telsey Advisory Group upped their price objective on shares of Dillard's from $380.00 to $450.00 and gave the stock a "market perform" rating in a report on Friday. StockNews.com cut shares of Dillard's from a "buy" rating to a "hold" rating in a report on Tuesday, November 5th.

Dillard's Trading Down 1.3 %

DDS stock traded down $5.58 during trading on Friday, reaching $427.48. The company had a trading volume of 214,770 shares, compared to its average volume of 118,445. Dillard's has a 52 week low of $314.57 and a 52 week high of $476.48. The company has a market cap of $6.92 billion, a P/E ratio of 10.51 and a beta of 0.86. The business has a 50 day moving average of $374.46 and a 200 day moving average of $398.09. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.14 and a quick ratio of 1.62.

Dillard's (NYSE:DDS - Get Free Report) last released its quarterly earnings results on Thursday, August 15th. The company reported $4.59 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.97 by ($1.38). The company had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.53 billion. Dillard's had a return on equity of 34.29% and a net margin of 9.94%. Dillard's's quarterly revenue was down 6.7% on a year-over-year basis. During the same period in the previous year, the company earned $7.98 earnings per share. As a group, sell-side analysts forecast that Dillard's will post 31.2 earnings per share for the current fiscal year.

Insider Activity

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 shares were acquired at an average cost of $346.82 per share, for a total transaction of $34,682.00. Following the completion of the transaction, the director now owns 78,000 shares of the company's stock, valued at approximately $27,051,960. The trade was a 0.13 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 33.80% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Atlantic Edge Private Wealth Management LLC bought a new stake in shares of Dillard's during the 2nd quarter valued at $26,000. Capital Performance Advisors LLP purchased a new position in Dillard's during the third quarter valued at $29,000. US Bancorp DE grew its stake in Dillard's by 61.3% during the third quarter. US Bancorp DE now owns 129 shares of the company's stock valued at $49,000 after acquiring an additional 49 shares in the last quarter. Point72 Hong Kong Ltd grew its stake in Dillard's by 430.3% during the second quarter. Point72 Hong Kong Ltd now owns 175 shares of the company's stock valued at $77,000 after acquiring an additional 142 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in Dillard's during the third quarter valued at $70,000. 67.15% of the stock is currently owned by institutional investors.

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.