Dillard’s, Inc. (NYSE:DDS) was upgraded by stock analysts at TheStreet from a “c” rating to a “b-” rating in a research note issued on Tuesday.

A number of other equities analysts also recently commented on DDS. Deutsche Bank AG dropped their price objective on Dillard’s from $41.00 to $39.00 and set a “sell” rating on the stock in a report on Friday, May 12th. Zacks Investment Research raised Dillard’s from a “sell” rating to a “hold” rating in a research report on Monday, May 15th. ValuEngine cut Dillard’s from a “buy” rating to a “hold” rating in a research report on Wednesday, May 17th. Finally, BidaskClub cut Dillard’s from a “buy” rating to a “hold” rating in a research report on Wednesday, June 21st. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $59.17.

Dillard’s (NYSE:DDS) opened at 73.34 on Tuesday. The firm has a market capitalization of $2.14 billion, a PE ratio of 15.41 and a beta of 1.12. Dillard’s has a 12 month low of $45.51 and a 12 month high of $83.44. The firm’s 50-day moving average is $63.80 and its 200-day moving average is $55.91.

Dillard’s (NYSE:DDS) last released its quarterly earnings data on Thursday, May 11th. The company reported $2.12 EPS for the quarter, topping analysts’ consensus estimates of $2.02 by $0.10. Dillard’s had a return on equity of 9.39% and a net margin of 2.50%. The firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter in the prior year, the company posted $2.17 earnings per share. The firm’s revenue was down 5.7% on a year-over-year basis. On average, equities research analysts expect that Dillard’s will post $4.67 EPS for the current year.

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In related news, major shareholder David Einhorn sold 35,125 shares of the firm’s stock in a transaction on Thursday, June 8th. The stock was sold at an average price of $51.50, for a total value of $1,808,937.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 23.27% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently modified their holdings of the company. Aperio Group LLC raised its position in Dillard’s by 0.5% in the second quarter. Aperio Group LLC now owns 14,433 shares of the company’s stock valued at $833,000 after buying an additional 74 shares in the last quarter. Wedge Capital Management L L P NC raised its position in Dillard’s by 3.3% in the second quarter. Wedge Capital Management L L P NC now owns 6,857 shares of the company’s stock valued at $396,000 after buying an additional 216 shares in the last quarter. State Board of Administration of Florida Retirement System raised its position in Dillard’s by 1.0% in the first quarter. State Board of Administration of Florida Retirement System now owns 23,342 shares of the company’s stock valued at $1,219,000 after buying an additional 234 shares in the last quarter. LS Investment Advisors LLC raised its position in Dillard’s by 16.4% in the second quarter. LS Investment Advisors LLC now owns 1,995 shares of the company’s stock valued at $115,000 after buying an additional 281 shares in the last quarter. Finally, Capstone Asset Management Co. raised its position in Dillard’s by 4.2% in the second quarter. Capstone Asset Management Co. now owns 7,860 shares of the company’s stock valued at $453,000 after buying an additional 320 shares in the last quarter. 93.36% of the stock is owned by hedge funds and other institutional investors.

Dillard’s Company Profile

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.

Analyst Recommendations for Dillard`s (NYSE:DDS)

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