Dillard’s (NYSE:DDS) Price Target Raised to $198.00 at UBS Group

Dillard’s (NYSE:DDS) had its target price increased by UBS Group from $194.00 to $198.00 in a research note released on Friday morning,Benzinga reports. They currently have a sell rating on the stock.

Other equities analysts also recently issued reports about the company. Telsey Advisory Group raised their price target on Dillard’s from $380.00 to $450.00 and gave the stock a “market perform” rating in a research note on Friday. StockNews.com downgraded Dillard’s from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th.

Dillard’s Stock Up 1.0 %

Shares of Dillard’s stock opened at $431.13 on Friday. The company has a quick ratio of 1.62, a current ratio of 2.38 and a debt-to-equity ratio of 0.27. Dillard’s has a twelve month low of $328.00 and a twelve month high of $476.48. The company has a market cap of $6.98 billion, a price-to-earnings ratio of 10.84 and a beta of 0.86. The company’s 50 day moving average is $376.07 and its 200 day moving average is $397.49.

Dillard’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 4th. Stockholders of record on Monday, September 30th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.23%. The ex-dividend date of this dividend was Monday, September 30th. Dillard’s’s payout ratio is 2.57%.

Institutional Trading of Dillard’s

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Pacer Advisors Inc. bought a new position in shares of Dillard’s during the 3rd quarter valued at approximately $125,388,000. Vanguard Group Inc. boosted its position in shares of Dillard’s by 15.5% in the first quarter. Vanguard Group Inc. now owns 394,909 shares of the company’s stock worth $186,255,000 after purchasing an additional 52,974 shares during the period. Renaissance Technologies LLC increased its stake in shares of Dillard’s by 36.0% in the second quarter. Renaissance Technologies LLC now owns 124,200 shares of the company’s stock worth $54,696,000 after purchasing an additional 32,900 shares in the last quarter. Victory Capital Management Inc. raised its position in shares of Dillard’s by 229.1% during the 3rd quarter. Victory Capital Management Inc. now owns 18,249 shares of the company’s stock valued at $7,002,000 after purchasing an additional 12,704 shares during the period. Finally, LMR Partners LLP purchased a new position in shares of Dillard’s during the 3rd quarter valued at $4,796,000. Hedge funds and other institutional investors own 67.15% of the company’s stock.

About Dillard’s

Dillard's, Inc operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. The company's stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods.