Shares of Dillard’s, Inc. (NYSE:DDS) have been given an average recommendation of “Hold” by the eight ratings firms that are currently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $55.80.

A number of brokerages recently issued reports on DDS. BidaskClub upgraded Dillard’s from a “hold” rating to a “buy” rating in a research note on Friday, June 30th. ValuEngine lowered Dillard’s from a “buy” rating to a “hold” rating in a research note on Wednesday, May 17th. Deutsche Bank AG reduced their target price on Dillard’s from $41.00 to $39.00 and set a “sell” rating for the company in a research note on Friday, May 12th. Finally, Zacks Investment Research upgraded Dillard’s from a “sell” rating to a “hold” rating in a research note on Monday, May 15th.

TRADEMARK VIOLATION WARNING: This news story was published by American Banking News and is owned by of American Banking News. If you are viewing this news story on another website, it was illegally stolen and republished in violation of US & international copyright laws. The legal version of this news story can be accessed at https://www.americanbankingnews.com/2017/07/21/dillards-inc-dds-given-average-recommendation-of-hold-by-analysts.html.

Shares of Dillard’s (DDS) traded up 6.14% during mid-day trading on Friday, hitting $67.91. The company had a trading volume of 1,964,379 shares. The company has a 50-day moving average price of $55.68 and a 200-day moving average price of $54.27. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of 14.27 and a beta of 1.07. Dillard’s has a 1-year low of $45.51 and a 1-year high of $77.70.

Dillard’s (NYSE:DDS) last issued its earnings results on Thursday, May 11th. The company reported $2.12 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.02 by $0.10. The company had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.45 billion. Dillard’s had a return on equity of 9.39% and a net margin of 2.50%. The firm’s quarterly revenue was down 5.7% on a year-over-year basis. During the same quarter last year, the business posted $2.17 EPS. On average, equities analysts anticipate that Dillard’s will post $4.74 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, July 31st. Investors of record on Friday, June 30th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Wednesday, June 28th. This represents a $0.28 dividend on an annualized basis and a yield of 0.41%. Dillard’s’s dividend payout ratio (DPR) is 5.76%.

In other Dillard’s news, major shareholder David Einhorn sold 35,125 shares of Dillard’s stock in a transaction dated Thursday, June 8th. The stock was sold at an average price of $51.50, for a total transaction of $1,808,937.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 23.27% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in DDS. Guggenheim Capital LLC bought a new position in Dillard’s during the fourth quarter worth $319,000. Norges Bank bought a new position in Dillard’s during the fourth quarter worth $18,711,000. Hudson Bay Capital Management LP bought a new position in Dillard’s during the fourth quarter worth $558,000. Teachers Advisors LLC raised its position in Dillard’s by 56.6% in the fourth quarter. Teachers Advisors LLC now owns 35,799 shares of the company’s stock worth $2,244,000 after buying an additional 12,932 shares during the last quarter. Finally, Bank of Montreal Can raised its position in Dillard’s by 20.7% in the first quarter. Bank of Montreal Can now owns 4,124 shares of the company’s stock worth $215,000 after buying an additional 708 shares during the last quarter. Institutional investors and hedge funds own 93.68% of the company’s stock.

About Dillard’s

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)

Receive News & Ratings for Dillard's Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dillard's Inc. and related companies with MarketBeat.com's FREE daily email newsletter.