Dillard's (DDS) Lowered to Hold at ValuEngine

Dillard's (NYSE:DDS) was downgraded by ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Saturday.

Separately, Zacks Investment Research raised shares of Dillard's from a “hold” rating to a “strong-buy” rating and set a $70.00 price objective on the stock in a research note on Tuesday, December 19th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $52.60.

Dillard's (NYSE:DDS) opened at $70.00 on Friday. Dillard's has a 52 week low of $45.51 and a 52 week high of $83.44. The stock has a market cap of $1,880.00, a P/E ratio of 18.62, a price-to-earnings-growth ratio of 6.52 and a beta of 1.25. The company has a quick ratio of 0.14, a current ratio of 1.42 and a debt-to-equity ratio of 0.36.

Dillard's (NYSE:DDS) last announced its quarterly earnings data on Thursday, November 9th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. Dillard's had a net margin of 1.92% and a return on equity of 7.40%. The firm had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.35 billion. During the same period last year, the firm earned $0.67 earnings per share. The business’s revenue for the quarter was down .7% on a year-over-year basis. equities research analysts predict that Dillard's will post 3.48 EPS for the current year.

Hedge funds and other institutional investors have recently made changes to their positions in the company. QS Investors LLC boosted its position in shares of Dillard's by 0.7% during the second quarter. QS Investors LLC now owns 1,798 shares of the company’s stock worth $104,000 after purchasing an additional 12 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of Dillard's by 17.6% during the second quarter. Victory Capital Management Inc. now owns 2,168 shares of the company’s stock worth $125,000 after purchasing an additional 325 shares in the last quarter. Verity Asset Management Inc. bought a new position in shares of Dillard's during the second quarter worth $225,000. Koch Industries Inc. bought a new position in shares of Dillard's during the second quarter worth $243,000. Finally, Engineers Gate Manager LP bought a new position in shares of Dillard's during the second quarter worth $254,000. 90.18% of the stock is currently owned by institutional investors.

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About Dillard's

Dillard’s, Inc is a retailer of fashion apparel, cosmetics and home furnishing. As of January 28, 2017, the Company operated 293 Dillard’s stores, including 25 clearance centers, and an Internet store offering a selection of merchandise, including fashion apparel for women, men and children, accessories, cosmetics, home furnishings and other consumer goods.

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