A number of other research firms have also recently weighed in on DDS. JPMorgan Chase & Co. cut shares of E.ON SE Sponsored ADR (Germany) from an overweight rating to a neutral rating in a research report on Monday, March 4th. TheStreet upgraded shares of ZTO Express (Cayman) from a c+ rating to a b rating in a research report on Thursday, May 16th. Zacks Investment Research upgraded shares of HANNOVER RUECK/S from a sell rating to a hold rating in a research report on Friday, May 17th. Bank of America set a $15.00 target price on shares of Centennial Resource Development and gave the company a hold rating in a research report on Tuesday, February 26th. Finally, Deutsche Bank upped their price objective on shares of Macy’s from $27.00 to $28.00 and gave the company a hold rating in a report on Thursday, May 16th. Three equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of $62.67.
Shares of DDS stock traded down $0.28 during trading hours on Wednesday, hitting $64.00. The company’s stock had a trading volume of 278,915 shares, compared to its average volume of 413,721. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.22 and a current ratio of 1.78. The stock has a 50 day simple moving average of $60.33. Dillard’s has a 12-month low of $53.96 and a 12-month high of $94.03. The stock has a market cap of $1.73 billion, a PE ratio of 10.46, a PEG ratio of 1.30 and a beta of 1.00.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 5th. Shareholders of record on Friday, June 28th will be issued a dividend of $0.10 per share. The ex-dividend date is Thursday, June 27th. This represents a $0.40 dividend on an annualized basis and a yield of 0.63%. Dillard’s’s payout ratio is currently 6.54%.
In other news, Director Robert C. Connor acquired 800 shares of the stock in a transaction that occurred on Monday, May 20th. The shares were purchased at an average cost of $56.86 per share, for a total transaction of $45,488.00. Following the transaction, the director now directly owns 70,200 shares in the company, valued at approximately $3,991,572. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 20.10% of the company’s stock.
Several large investors have recently added to or reduced their stakes in DDS. Rhumbline Advisers raised its stake in Dillard’s by 66.2% in the 4th quarter. Rhumbline Advisers now owns 47,875 shares of the company’s stock valued at $2,887,000 after purchasing an additional 19,069 shares during the last quarter. SG Americas Securities LLC grew its holdings in Dillard’s by 28.8% in the 4th quarter. SG Americas Securities LLC now owns 3,390 shares of the company’s stock valued at $204,000 after buying an additional 758 shares during the period. State Board of Administration of Florida Retirement System grew its holdings in Dillard’s by 17.7% in the 4th quarter. State Board of Administration of Florida Retirement System now owns 6,080 shares of the company’s stock valued at $367,000 after buying an additional 914 shares during the period. First Trust Advisors LP grew its holdings in Dillard’s by 12.8% in the 4th quarter. First Trust Advisors LP now owns 35,423 shares of the company’s stock valued at $2,136,000 after buying an additional 4,020 shares during the period. Finally, AlphaCrest Capital Management LLC purchased a new stake in shares of Dillard’s during the 4th quarter worth about $205,000. 88.77% of the stock is owned by institutional investors and hedge funds.
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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