Dillard’s (NYSE:DDS) Given Market Perform Rating at Telsey Advisory Group

Dillard’s (NYSE:DDS)‘s stock had its “market perform” rating reiterated by Telsey Advisory Group in a note issued to investors on Wednesday,Benzinga reports. They currently have a $450.00 price target on the stock. Telsey Advisory Group’s target price would suggest a potential downside of 1.58% from the stock’s current price.

A number of other analysts have also commented on DDS. StockNews.com lowered Dillard’s from a “buy” rating to a “hold” rating in a report on Tuesday. UBS Group increased their target price on shares of Dillard’s from $196.00 to $200.00 and gave the company a “sell” rating in a report on Wednesday, February 19th.

Dillard’s Stock Down 4.8 %

Shares of Dillard’s stock opened at $457.22 on Wednesday. The firm has a market cap of $7.27 billion, a price-to-earnings ratio of 11.77 and a beta of 0.88. Dillard’s has a one year low of $328.00 and a one year high of $510.00. The stock’s 50-day moving average is $464.27 and its 200 day moving average is $413.91. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02.

Dillard’s (NYSE:DDS) last released its quarterly earnings data on Tuesday, February 25th. The company reported $13.48 earnings per share (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 company had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $1.49 billion. During the same quarter in the prior year, the firm earned $15.44 EPS. The business’s revenue was down 5.0% on a year-over-year basis. Equities research analysts anticipate that Dillard’s will post 33.25 EPS for the current year.

Insider Activity

In other news, VP Tom W. Bolin sold 300 shares of the company’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total transaction of $130,035.00. Following the sale, the vice president now directly owns 1,167 shares in the company, valued at $505,836.15. This represents a 20.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 33.80% of the company’s stock.

Institutional Trading of Dillard’s

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. boosted its stake in Dillard’s by 177.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 61 shares of the company’s stock valued at $26,000 after buying an additional 39 shares during the period. Capital Performance Advisors LLP purchased a new stake in shares of Dillard’s in the 3rd quarter valued at about $29,000. Aster Capital Management DIFC Ltd bought a new stake in shares of Dillard’s during the 4th quarter valued at about $36,000. US Bancorp DE grew its holdings in shares of 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 purchasing 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 approximately $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.