Dillard’s (NYSE:DDS) Trading Down 2.8%

Dillard’s, Inc. (NYSE:DDSGet Rating) shares dropped 2.8% during trading on Friday . The company traded as low as $361.28 and last traded at $362.31. Approximately 4,061 shares traded hands during trading, a decline of 97% from the average daily volume of 133,483 shares. The stock had previously closed at $372.85.

Analyst Upgrades and Downgrades

DDS has been the subject of a number of analyst reports. UBS Group raised their price target on shares of Dillard’s to $150.00 in a research note on Wednesday, November 16th. Telsey Advisory Group raised their price target on shares of Dillard’s from $350.00 to $380.00 and gave the stock a “market perform” rating in a research note on Friday, November 11th. StockNews.com upgraded shares of Dillard’s from a “hold” rating to a “buy” rating in a research note on Wednesday, November 9th. Finally, JPMorgan Chase & Co. cut their target price on shares of Dillard’s from $352.00 to $345.00 in a research note on Tuesday, January 3rd. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, Dillard’s presently has an average rating of “Hold” and an average target price of $256.25.

Dillard’s Trading Down 1.6 %

The company has a quick ratio of 0.64, a current ratio of 1.85 and a debt-to-equity ratio of 0.32. The firm has a market cap of $6.29 billion, a price-to-earnings ratio of 7.26 and a beta of 0.83. The business’s fifty day moving average is $344.79 and its two-hundred day moving average is $302.51.

Dillard’s (NYSE:DDSGet Rating) last issued its quarterly earnings results on Thursday, November 10th. The company reported $10.96 earnings per share for the quarter, beating analysts’ consensus estimates of $4.87 by $6.09. Dillard’s had a net margin of 13.47% and a return on equity of 59.78%. The business had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.49 billion. Equities analysts anticipate that Dillard’s, Inc. will post 41.87 earnings per share for the current fiscal year.

Dillard’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 30th. Shareholders of record on Friday, December 30th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.22%. The ex-dividend date of this dividend is Thursday, December 29th. Dillard’s’s dividend payout ratio is presently 1.58%.

Insiders Place Their Bets

In other news, SVP Chris B. Johnson sold 650 shares of Dillard’s stock in a transaction on Thursday, January 12th. The shares were sold at an average price of $359.17, for a total transaction of $233,460.50. Following the transaction, the senior vice president now directly owns 8,645 shares of the company’s stock, valued at $3,105,024.65. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, VP Tony J. Bolte sold 2,300 shares of the business’s stock in a transaction on Wednesday, November 16th. The shares were sold at an average price of $367.40, for a total value of $845,020.00. Following the sale, the vice president now directly owns 2,268 shares of the company’s stock, valued at approximately $833,263.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Chris B. Johnson sold 650 shares of the business’s stock in a transaction on Thursday, January 12th. The shares were sold at an average price of $359.17, for a total transaction of $233,460.50. Following the completion of the sale, the senior vice president now directly owns 8,645 shares in the company, valued at $3,105,024.65. The disclosure for this sale can be found here. Company insiders own 29.80% of the company’s stock.

Institutional Investors Weigh In On Dillard’s

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Federated Hermes Inc. lifted its position in Dillard’s by 55.0% during the 3rd quarter. Federated Hermes Inc. now owns 93 shares of the company’s stock worth $25,000 after buying an additional 33 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Dillard’s during the 2nd quarter worth about $36,000. Banque Cantonale Vaudoise acquired a new position in shares of Dillard’s during the 2nd quarter worth about $41,000. Ronald Blue Trust Inc. acquired a new position in shares of Dillard’s during the 2nd quarter worth about $80,000. Finally, Householder Group Estate & Retirement Specialist LLC acquired a new position in shares of Dillard’s during the 3rd quarter worth about $119,000. 55.94% of the stock is owned by institutional investors.

Dillard’s Company Profile

(Get Rating)

Dillard's, Inc operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. Its stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods. As of January 29, 2022, the company operated 280 Dillard's stores, including 30 clearance centers, and an Internet store at dillards.com.

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