UBS Group Issues Positive Forecast for Dillard’s (NYSE:DDS) Stock Price

Dillard’s (NYSE:DDS) had its price objective boosted by UBS Group from $196.00 to $200.00 in a research note issued to investors on Wednesday,Benzinga reports. They currently have a sell rating on the stock.

A number of other equities analysts also recently weighed in on DDS. Telsey Advisory Group boosted their price target on Dillard’s from $380.00 to $450.00 and gave the stock a “market perform” rating in a research report on Friday, November 15th. StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a research report on Tuesday, February 11th.

Dillard’s Price Performance

NYSE:DDS opened at $508.44 on Wednesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.38. The stock’s 50-day simple moving average is $460.99 and its 200 day simple moving average is $411.26. The company has a market cap of $8.08 billion, a P/E ratio of 13.09 and a beta of 0.88. Dillard’s has a 52-week low of $328.00 and a 52-week high of $509.41.

Dillard’s Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, January 6th. Shareholders of record on Monday, December 16th were given a dividend of $25.00 per share. This represents a yield of 5.68%. The ex-dividend date was Friday, December 13th. Dillard’s’s dividend payout ratio (DPR) is presently 2.57%.

Insider Transactions at Dillard’s

In other news, VP Tom W. Bolin sold 300 shares of the business’s stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total transaction of $130,035.00. Following the completion of the sale, the vice president now owns 1,167 shares in the company, valued at $505,836.15. The trade was a 20.45 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 33.80% of the company’s stock.

Institutional Investors Weigh In On Dillard’s

A number of institutional investors have recently made changes to their positions in the company. Steel Grove Capital Advisors LLC boosted its holdings in shares of Dillard’s by 0.7% during the fourth quarter. Steel Grove Capital Advisors LLC now owns 4,314 shares of the company’s stock worth $1,863,000 after acquiring an additional 29 shares during the period. Stifel Financial Corp boosted its stake in shares of Dillard’s by 0.6% in the fourth quarter. Stifel Financial Corp now owns 5,136 shares of the company’s stock valued at $2,216,000 after buying an additional 31 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of Dillard’s by 177.3% in 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. Allspring Global Investments Holdings LLC boosted its stake in shares of Dillard’s by 11.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 455 shares of the company’s stock valued at $175,000 after buying an additional 45 shares during the period. Finally, US Bancorp DE boosted its stake in shares of Dillard’s by 61.3% in the third quarter. US Bancorp DE now owns 129 shares of the company’s stock valued at $49,000 after buying an additional 49 shares during the period. Institutional investors own 67.15% of the company’s stock.

About Dillard’s

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.