Dillard’s (NYSE:DDS) Raised to Buy at StockNews.com

Dillard’s (NYSE:DDS) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday.

Other equities analysts have also recently issued research reports about the stock. UBS Group upped their target price on shares of Dillard’s from $194.00 to $198.00 and gave the company a “sell” rating in a research note on Friday, November 15th. Telsey Advisory Group upped their target price on shares of Dillard’s from $380.00 to $450.00 and gave the company a “market perform” rating in a research note on Friday, November 15th.

Dillard’s Stock Down 1.3 %

Shares of Dillard’s stock opened at $494.42 on Tuesday. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27. The company’s fifty day simple moving average is $454.93 and its two-hundred day simple moving average is $406.68. The company has a market cap of $7.86 billion, a P/E ratio of 12.73 and a beta of 0.88. Dillard’s has a 12-month low of $328.00 and a 12-month high of $501.41.

Insider Activity at Dillard’s

In other news, VP Tom W. Bolin sold 300 shares of the company’s stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total transaction of $130,035.00. Following the completion of 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 sale was disclosed in a filing with the SEC, which is available through this link. 33.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Dillard’s

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Creative Planning lifted its stake in Dillard’s by 14.6% during the second quarter. Creative Planning now owns 1,002 shares of the company’s stock worth $441,000 after purchasing an additional 128 shares during the last quarter. CWM LLC grew its stake in Dillard’s by 147.9% in the 3rd quarter. CWM LLC now owns 957 shares of the company’s stock worth $367,000 after acquiring an additional 571 shares during the period. Inspire Investing LLC grew its stake in shares of Dillard’s by 33.2% during the 3rd quarter. Inspire Investing LLC now owns 1,063 shares of the company’s stock valued at $408,000 after buying an additional 265 shares during the period. Kapitalo Investimentos Ltda grew its stake in shares of Dillard’s by 47.4% during the 3rd quarter. Kapitalo Investimentos Ltda now owns 1,163 shares of the company’s stock valued at $446,000 after buying an additional 374 shares during the period. Finally, nVerses Capital LLC acquired a new position in shares of Dillard’s during the 3rd quarter valued at $307,000. 67.15% of the stock is owned by institutional investors and hedge funds.

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.