UBS Group Boosts Dillard’s (NYSE:DDS) Price Target to $202.00

Dillard’s (NYSE:DDS) had its price target lifted by UBS Group from $200.00 to $202.00 in a research report issued on Friday,Benzinga reports. The firm currently has a “sell” rating on the stock. UBS Group’s target price would indicate a potential downside of 48.12% from the stock’s previous close.

A number of other equities analysts have also recently commented on DDS. StockNews.com cut shares of Dillard’s from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Telsey Advisory Group reissued a “market perform” rating and issued a $450.00 target price on shares of Dillard’s in a research report on Wednesday.

Dillard’s Trading Down 2.4 %

DDS stock opened at $389.34 on Friday. 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 fifty day moving average price of $463.18 and a two-hundred day moving average price of $414.57. Dillard’s has a one year low of $328.00 and a one year high of $510.00. The stock has a market cap of $6.19 billion, a price-to-earnings ratio of 10.02 and a beta of 0.88.

Dillard’s (NYSE:DDS) last released its quarterly earnings data on Tuesday, February 25th. The company reported $13.48 EPS for the quarter, topping analysts’ consensus estimates of $9.84 by $3.64. Dillard’s had a net margin of 9.55% and a return on equity of 32.13%. The firm had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $1.49 billion. During the same period in the previous year, the business posted $15.44 earnings per share. The company’s revenue for the quarter was down 5.0% compared to the same quarter last year. Equities analysts anticipate that Dillard’s will post 33.25 EPS for the current year.

Insider Activity

In related news, VP Tom W. Bolin sold 300 shares of the company’s stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of $433.45, for a total transaction of $130,035.00. Following the completion of the sale, the vice president now owns 1,167 shares of the company’s stock, valued at $505,836.15. This represents a 20.45 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 33.80% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Dillard’s

Institutional investors and hedge funds have recently bought and sold shares of the company. PNC Financial Services Group Inc. lifted its position in Dillard’s by 177.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 61 shares of the company’s stock worth $26,000 after purchasing an additional 39 shares during the period. Capital Performance Advisors LLP bought a new stake in Dillard’s during the third quarter worth about $29,000. Aster Capital Management DIFC Ltd bought a new stake in Dillard’s during the fourth quarter worth about $36,000. US Bancorp DE raised its stake in Dillard’s by 61.3% during the third quarter. US Bancorp DE now owns 129 shares of the company’s stock worth $49,000 after acquiring an additional 49 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Dillard’s in the third quarter worth about $70,000. 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.