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.
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.
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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