ValuEngine downgraded shares of Dillard’s (NYSE:DDS) from a buy rating to a hold rating in a research report report published on Friday.

Several other equities research analysts also recently commented on DDS. Wedbush began coverage on Dillard’s in a report on Wednesday, August 8th. They set an outperform rating and a $95.00 target price for the company. JPMorgan Chase & Co. upped their target price on Dillard’s to $60.00 and gave the company an underweight rating in a report on Thursday. TheStreet downgraded Dillard’s from a b rating to a c+ rating in a report on Thursday, May 17th. Zacks Investment Research downgraded Dillard’s from a hold rating to a sell rating in a report on Tuesday, May 8th. Finally, Susquehanna Bancshares reissued a neutral rating and issued a $60.00 price objective on shares of Dillard’s in a research note on Thursday, June 7th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the stock. Dillard’s currently has an average rating of Hold and a consensus target price of $75.43.

Shares of NYSE DDS traded down $1.23 during mid-day trading on Friday, hitting $74.57. 1,058,152 shares of the company traded hands, compared to its average volume of 599,849. Dillard’s has a 1 year low of $49.91 and a 1 year high of $98.75. The company has a market cap of $2.37 billion, a price-to-earnings ratio of 15.54, a P/E/G ratio of 1.37 and a beta of 0.93. The company has a quick ratio of 0.21, a current ratio of 1.60 and a debt-to-equity ratio of 0.34.

Dillard’s (NYSE:DDS) last announced its earnings results on Thursday, August 16th. The company reported ($0.10) EPS for the quarter, beating the consensus estimate of ($0.43) by $0.33. Dillard’s had a return on equity of 9.45% and a net margin of 3.65%. The business had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.47 billion. During the same period in the prior year, the business posted ($0.58) earnings per share. Dillard’s’s revenue was up 2.5% compared to the same quarter last year. sell-side analysts expect that Dillard’s will post 6.14 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 6th. Investors of record on Friday, June 29th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.54%. The ex-dividend date of this dividend was Thursday, June 28th. Dillard’s’s dividend payout ratio is currently 8.33%.

In other Dillard’s news, Director James I. Freeman sold 70,000 shares of the company’s stock in a transaction dated Tuesday, May 22nd. The stock was sold at an average price of $75.61, for a total value of $5,292,700.00. Following the transaction, the director now directly owns 226,930 shares of the company’s stock, valued at approximately $17,158,177.30. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Tom W. Bolin sold 495 shares of the company’s stock in a transaction dated Wednesday, June 13th. The stock was sold at an average price of $92.22, for a total value of $45,648.90. Following the completion of the transaction, the vice president now directly owns 569 shares in the company, valued at $52,473.18. The disclosure for this sale can be found here. Over the last three months, insiders sold 130,226 shares of company stock valued at $10,699,113. Company insiders own 19.10% of the company’s stock.

A number of hedge funds have recently modified their holdings of DDS. BlackRock Inc. increased its position in Dillard’s by 8.6% in the 2nd quarter. BlackRock Inc. now owns 2,082,876 shares of the company’s stock worth $196,832,000 after purchasing an additional 164,561 shares during the last quarter. WINTON GROUP Ltd acquired a new position in Dillard’s in the 1st quarter worth about $6,075,000. Renaissance Technologies LLC acquired a new position in Dillard’s in the 2nd quarter worth about $6,076,000. Seven Eight Capital LP increased its position in Dillard’s by 669.1% in the 1st quarter. Seven Eight Capital LP now owns 60,691 shares of the company’s stock worth $4,876,000 after purchasing an additional 52,800 shares during the last quarter. Finally, Arnhold LLC acquired a new position in Dillard’s in the 1st quarter worth about $3,688,000. 89.47% of the stock is currently owned by institutional investors.

Dillard’s Company Profile

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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