Dillard’s (NYSE:DDS) Upgraded at ValuEngine

ValuEngine upgraded shares of Dillard’s (NYSE:DDS) from a sell rating to a hold rating in a research note published on Sunday morning, ValuEngine reports.

A number of other equities research analysts have also recently commented on DDS. Wedbush set a $9.00 target price on shares of GameStop and gave the stock a buy rating in a research note on Thursday, July 11th. TheStreet upgraded shares of ZTO Express (Cayman) from a c+ rating to a b rating in a research note on Thursday, May 16th. Deutsche Bank raised their target price on shares of Macy’s from $27.00 to $28.00 and gave the stock a hold rating in a research note on Thursday, May 16th. Finally, Zacks Investment Research upgraded shares of HANNOVER RUECK/S from a sell rating to a hold rating in a research note on Friday, May 17th. Three research analysts have rated the stock with a sell rating and four have given a hold rating to the company. The company presently has an average rating of Hold and a consensus price target of $62.67.

NYSE DDS opened at $67.20 on Friday. Dillard’s has a 12 month low of $53.96 and a 12 month high of $94.03. The company has a market cap of $1.69 billion, a PE ratio of 10.98, a price-to-earnings-growth ratio of 1.27 and a beta of 1.00. The business’s 50 day moving average price is $60.15. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.22 and a current ratio of 1.78.

Dillard’s (NYSE:DDS) last released its earnings results on Wednesday, May 15th. The company reported $2.77 EPS for the quarter, missing analysts’ consensus estimates of $2.88 by ($0.11). Dillard’s had a return on equity of 9.67% and a net margin of 2.62%. The firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.49 billion. During the same quarter in the previous year, the business posted $2.89 EPS. Dillard’s’s revenue was up .5% on a year-over-year basis. Sell-side analysts predict that Dillard’s will post 5.25 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 5th. Stockholders of record on Friday, June 28th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.60%. The ex-dividend date of this dividend is Thursday, June 27th. Dillard’s’s payout ratio is currently 6.54%.

In related news, Director Robert C. Connor acquired 800 shares of Dillard’s stock in a transaction dated Monday, May 20th. The shares were purchased at an average price of $56.86 per share, for a total transaction of $45,488.00. Following the completion of the transaction, the director now directly owns 70,200 shares in the company, valued at approximately $3,991,572. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 20.10% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in DDS. Investors Research Corp bought a new stake in shares of Dillard’s during the first quarter valued at approximately $79,000. NumerixS Investment Technologies Inc purchased a new position in shares of Dillard’s in the first quarter valued at $86,000. Xact Kapitalforvaltning AB purchased a new position in shares of Dillard’s in the first quarter valued at $216,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of Dillard’s in the first quarter valued at $234,000. Finally, CSat Investment Advisory L.P. grew its holdings in shares of Dillard’s by 4.7% in the first quarter. CSat Investment Advisory L.P. now owns 3,392 shares of the company’s stock valued at $244,000 after purchasing an additional 153 shares in the last quarter. Hedge funds and other institutional investors own 88.77% of the company’s stock.

About Dillard’s

Dillard's, Inc operates retail department stores primarily in the Southeastern, Southwestern, and Midwestern areas of the United States. The company's stores offer a selection of merchandise, including fashion apparel for women, men, and children; accessories; cosmetics; home furnishings; and other consumer goods.

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Analyst Recommendations for Dillard`s (NYSE:DDS)

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