Dillard’s (NYSE:DDS) Stock Price Expected to Rise, UBS Group Analyst Says

Dillard’s (NYSE:DDS) had its price objective raised by equities researchers at UBS Group from $194.00 to $198.00 in a research report issued on Friday,Benzinga reports. The firm currently has a “sell” rating on the stock. UBS Group’s target price indicates a potential downside of 53.62% from the stock’s previous close.

Several other analysts have also recently weighed in on the stock. Telsey Advisory Group lifted their price objective on shares of Dillard’s from $380.00 to $450.00 and gave the stock a “market perform” rating in a research note on Friday. StockNews.com cut Dillard’s from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th.

Dillard’s Stock Performance

NYSE:DDS opened at $426.92 on Friday. The stock has a 50 day simple moving average of $376.07 and a 200 day simple moving average of $397.95. The stock has a market cap of $6.91 billion, a P/E ratio of 10.99 and a beta of 0.86. Dillard’s has a 1-year low of $314.57 and a 1-year high of $476.48. The company has a current ratio of 3.14, a quick ratio of 1.62 and a debt-to-equity ratio of 0.27.

Dillard’s (NYSE:DDS) last posted its earnings results on Thursday, August 15th. The company reported $4.59 earnings per share for the quarter, missing analysts’ consensus estimates of $5.97 by ($1.38). Dillard’s had a return on equity of 34.29% and a net margin of 9.94%. The firm had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same period in the prior year, the business posted $7.98 EPS. The firm’s quarterly revenue was down 6.7% compared to the same quarter last year. Research analysts anticipate that Dillard’s will post 31.2 earnings per share for the current year.

Insiders Place Their Bets

In other Dillard’s news, Director Robert C. Connor purchased 100 shares of the firm’s stock in a transaction dated Monday, August 19th. The shares were bought at an average price of $346.82 per share, for a total transaction of $34,682.00. Following the purchase, the director now owns 78,000 shares in the company, valued at approximately $27,051,960. This trade represents a 0.13 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 33.80% of the company’s stock.

Institutional Trading of Dillard’s

Large investors have recently bought and sold shares of the business. ProShare Advisors LLC boosted its stake in shares of Dillard’s by 6.3% in the 1st quarter. ProShare Advisors LLC now owns 612 shares of the company’s stock valued at $289,000 after purchasing an additional 36 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp lifted its stake in Dillard’s by 25.3% in the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 724 shares of the company’s stock valued at $344,000 after purchasing an additional 146 shares during the last quarter. Vanguard Group Inc. boosted its position in Dillard’s by 15.5% in the first quarter. Vanguard Group Inc. now owns 394,909 shares of the company’s stock valued at $186,255,000 after buying an additional 52,974 shares in the last quarter. Cynosure Group LLC bought a new stake in shares of Dillard’s during the first quarter worth $362,000. Finally, O Shaughnessy Asset Management LLC increased its holdings in shares of Dillard’s by 2.1% during the first quarter. O Shaughnessy Asset Management LLC now owns 9,751 shares of the company’s stock worth $4,599,000 after buying an additional 199 shares in the last quarter. 67.15% of the stock is owned by institutional investors and hedge funds.

About Dillard’s

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.