Dillard’s (NYSE:DDS) Hits New 1-Year High – Should You Buy?

Shares of Dillard’s, Inc. (NYSE:DDS) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $507.25 and last traded at $507.01, with a volume of 32749 shares traded. The stock had previously closed at $493.15.

Analyst Ratings Changes

Several brokerages have recently issued reports on DDS. Telsey Advisory Group lifted their target price on Dillard’s from $380.00 to $450.00 and gave the stock a “market perform” rating in a report on Friday, November 15th. UBS Group lifted their target price on Dillard’s from $194.00 to $198.00 and gave the stock a “sell” rating in a report on Friday, November 15th. Finally, StockNews.com upgraded Dillard’s from a “hold” rating to a “buy” rating in a research report on Tuesday, February 11th.

Dillard’s Trading Up 2.2 %

The company has a market cap of $8.02 billion, a PE ratio of 12.97 and a beta of 0.88. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02. The company has a 50-day moving average of $459.17 and a 200 day moving average of $409.58.

Dillard’s Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, January 6th. Shareholders of record on Monday, December 16th were given a dividend of $25.00 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a dividend yield of 5.68%. Dillard’s’s dividend payout ratio (DPR) is presently 2.57%.

Insider Buying and Selling at Dillard’s

In other Dillard’s news, VP Tom W. Bolin sold 300 shares of the business’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 owns 1,167 shares in the company, valued at $505,836.15. The trade was a 20.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 33.80% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. State Street Corp boosted its position in shares of Dillard’s by 3.7% during the third quarter. State Street Corp now owns 76,515 shares of the company’s stock valued at $29,377,000 after buying an additional 2,758 shares during the period. Consolidated Planning Corp raised its stake in shares of Dillard’s by 154.5% during the fourth quarter. Consolidated Planning Corp now owns 1,514 shares of the company’s stock valued at $654,000 after acquiring an additional 919 shares in the last quarter. Frank Rimerman Advisors LLC bought a new stake in shares of Dillard’s during the third quarter valued at approximately $611,000. Pacer Advisors Inc. bought a new stake in shares of Dillard’s during the third quarter valued at approximately $125,388,000. Finally, Quantbot Technologies LP raised its stake in shares of Dillard’s by 49.3% during the third quarter. Quantbot Technologies LP now owns 5,659 shares of the company’s stock valued at $2,171,000 after acquiring an additional 1,868 shares in the last quarter. Hedge funds and other institutional investors own 67.15% of the company’s stock.

Dillard’s Company Profile

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.