Dillard’s (NYSE:DDS) Trading Down 5.6% – Should You Sell?

by · The Cerbat Gem

Dillard’s, Inc. (NYSE:DDS – Get Free Report) fell 5.6% during mid-day trading on Tuesday . The company traded as low as $647.13 and last traded at $640.70. 47,129 shares were traded during mid-day trading, a decline of 65% from the average session volume of 135,753 shares. The stock had previously closed at $678.88.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on DDS. Zacks Research raised Dillard’s from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 28th. Wall Street Zen raised Dillard’s from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. UBS Group boosted their price objective on Dillard’s from $184.00 to $460.00 and gave the stock a “sell” rating in a report on Friday, November 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Dillard’s in a report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Dillard’s from $411.00 to $524.00 and gave the company an “underweight” rating in a report on Tuesday, November 25th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Dillard’s has an average rating of “Hold” and a consensus price target of $511.33.

Check Out Our Latest Stock Analysis on DDS

Dillard’s Price Performance

The company has a quick ratio of 1.00, a current ratio of 2.19 and a debt-to-equity ratio of 0.21. The stock’s 50 day moving average price is $631.05 and its two-hundred day moving average price is $542.28. The firm has a market capitalization of $9.87 billion, a price-to-earnings ratio of 17.14 and a beta of 1.25.

Dillard’s (NYSE:DDS – Get Free Report) last issued its quarterly earnings data on Thursday, November 13th. The company reported $8.31 earnings per share for the quarter, beating the consensus estimate of $6.43 by $1.88. The firm had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.41 billion. Dillard’s had a net margin of 8.90% and a return on equity of 30.50%. The company’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter last year, the firm earned $7.73 earnings per share. Analysts anticipate that Dillard’s, Inc. will post 33.25 EPS for the current fiscal year.

Dillard’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Wednesday, December 31st will be issued a $0.30 dividend. The ex-dividend date is Wednesday, December 31st. This represents a $1.20 dividend on an annualized basis and a yield of 0.2%. Dillard’s’s dividend payout ratio is currently 3.26%.

Insider Buying and Selling

In other Dillard’s news, Director J C. Watts, Jr. sold 750 shares of the firm’s stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $594.60, for a total transaction of $445,950.00. Following the transaction, the director directly owned 10,250 shares in the company, valued at $6,094,650. This trade represents a 6.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 34.80% of the stock is owned by insiders.

Institutional Trading of Dillard’s

Large investors have recently made changes to their positions in the stock. New Vernon Capital Holdings II LLC increased its holdings in shares of Dillard’s by 26,618.5% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 186,228 shares of the company’s stock worth $66,694,000 after purchasing an additional 185,531 shares during the period. Allianz Asset Management GmbH grew its position in Dillard’s by 0.5% during the second quarter. Allianz Asset Management GmbH now owns 178,547 shares of the company’s stock worth $74,602,000 after buying an additional 883 shares in the last quarter. AQR Capital Management LLC increased its stake in Dillard’s by 14.0% during the third quarter. AQR Capital Management LLC now owns 103,714 shares of the company’s stock valued at $63,730,000 after acquiring an additional 12,699 shares during the period. Wedge Capital Management L L P NC increased its stake in Dillard’s by 756.9% during the third quarter. Wedge Capital Management L L P NC now owns 70,880 shares of the company’s stock valued at $43,554,000 after acquiring an additional 62,608 shares during the period. Finally, Gotham Asset Management LLC raised its holdings in Dillard’s by 52.8% in the 3rd quarter. Gotham Asset Management LLC now owns 66,519 shares of the company’s stock valued at $40,875,000 after acquiring an additional 22,991 shares in the last quarter. Institutional investors own 67.15% of the company’s stock.

Dillard’s Company Profile

(Get Free Report)

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.

See Also