Dillard’s (NYSE:DDS) Downgraded by ValuEngine

ValuEngine lowered shares of Dillard’s (NYSE:DDS) from a hold rating to a sell rating in a research report released on Friday morning, ValuEngine reports.

A number of other research firms also recently commented on DDS. Zacks Investment Research upgraded Dillard’s from a sell rating to a hold rating in a report on Friday, May 17th. TheStreet downgraded Dillard’s from a b rating to a c rating in a report on Thursday, May 16th. Wedbush reiterated a neutral rating and issued a $56.00 price objective (down previously from $62.00) on shares of Dillard’s in a report on Wednesday, August 14th. Finally, Deutsche Bank dropped their price objective on Dillard’s from $56.00 to $53.00 and set a sell rating on the stock in a report on Thursday, May 16th. Four equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. Dillard’s currently has an average rating of Sell and a consensus price target of $54.33.

DDS opened at $57.30 on Friday. Dillard’s has a one year low of $47.95 and a one year high of $86.71. The company has a market cap of $1.46 billion, a P/E ratio of 9.36, a PEG ratio of 1.20 and a beta of 1.03. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.22 and a current ratio of 1.78. The business’s 50-day simple moving average is $66.79 and its 200-day simple moving average is $66.68.

Dillard’s (NYSE:DDS) last released its quarterly earnings data on Thursday, August 15th. The company reported ($1.74) EPS for the quarter, missing analysts’ consensus estimates of ($0.77) by ($0.97). Dillard’s had a net margin of 2.04% and a return on equity of 7.19%. The business had revenue of $1.46 billion during the quarter, compared to analysts’ expectations of $1.48 billion. During the same quarter in the previous year, the company posted ($0.10) EPS. The company’s revenue was down 2.8% compared to the same quarter last year. As a group, analysts predict that Dillard’s will post 4.79 earnings per share for the current fiscal year.

In related news, VP Tony J. Bolte sold 2,400 shares of the company’s stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $64.46, for a total value of $154,704.00. Following the completion of the sale, the vice president now directly owns 1,840 shares of the company’s stock, valued at approximately $118,606.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 20.10% of the stock is owned by corporate insiders.

A number of institutional investors have recently bought and sold shares of DDS. Ladenburg Thalmann Financial Services Inc. increased its position in Dillard’s by 50.5% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,672 shares of the company’s stock worth $167,000 after buying an additional 897 shares in the last quarter. United Services Automobile Association increased its position in Dillard’s by 6.9% during the second quarter. United Services Automobile Association now owns 5,940 shares of the company’s stock worth $370,000 after buying an additional 385 shares in the last quarter. Nuveen Asset Management LLC purchased a new position in Dillard’s during the second quarter worth $2,564,000. Jane Street Group LLC increased its position in Dillard’s by 50.2% during the second quarter. Jane Street Group LLC now owns 7,697 shares of the company’s stock worth $479,000 after buying an additional 2,574 shares in the last quarter. Finally, Point72 Hong Kong Ltd increased its position in Dillard’s by 22.0% during the second quarter. Point72 Hong Kong Ltd now owns 1,199 shares of the company’s stock worth $75,000 after buying an additional 216 shares in the last quarter. 89.65% of the stock is owned by institutional investors.

About Dillard’s

Dillard's, Inc operates retail department stores primarily in the Southeastern, Southwestern, and Midwestern areas of the United States. The company's stores offer a selection of merchandise, including fashion apparel for women, men, and children; accessories; cosmetics; home furnishings; and other consumer goods.

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Analyst Recommendations for Dillard`s (NYSE:DDS)

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