Dillard's (NYSE:DDS – Get Rating) was downgraded by investment analysts at StockNews.com from a "buy" rating to a "hold" rating in a research report issued on Friday.

Several other equities analysts have also commented on DDS. JPMorgan Chase & Co. raised shares of Dillard's from an "underweight" rating to a "neutral" rating and upped their price target for the stock from $210.00 to $298.00 in a research report on Monday, August 15th. Bank of America dropped their price target on shares of Dillard's from $215.00 to $150.00 and set an "underperform" rating for the company in a research report on Thursday, July 7th. UBS Group upped their price target on shares of Dillard's to $185.00 and gave the stock a "na" rating in a research report on Wednesday, May 18th. Finally, Telsey Advisory Group upped their price target on shares of Dillard's from $325.00 to $350.00 and gave the stock a "market perform" rating in a research report on Friday, August 12th. One investment analyst has rated the stock with a sell rating and three have issued a hold rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $245.75.

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Dillard's Trading Up 3.6 %

Shares of NYSE:DDS traded up $10.77 during trading on Friday, reaching $314.06. The stock had a trading volume of 162,279 shares, compared to its average volume of 233,805. The business has a fifty day moving average price of $259.15 and a 200-day moving average price of $274.06. The company has a quick ratio of 0.78, a current ratio of 2.04 and a debt-to-equity ratio of 0.36. The stock has a market cap of $5.50 billion, a P/E ratio of 6.36, a PEG ratio of 0.58 and a beta of 0.73. Dillard's has a fifty-two week low of $167.03 and a fifty-two week high of $416.71.

Dillard's (NYSE:DDS – Get Rating) last posted its quarterly earnings data on Thursday, August 11th. The company reported $9.30 earnings per share for the quarter, beating analysts' consensus estimates of $2.88 by $6.42. The business had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.54 billion. Dillard's had a net margin of 13.73% and a return on equity of 60.87%. The company's revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $8.81 earnings per share. As a group, analysts anticipate that Dillard's will post 36.23 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in DDS. BlackRock Inc. boosted its stake in Dillard's by 5.1% during the 1st quarter. BlackRock Inc. now owns 420,256 shares of the company's stock valued at $112,794,000 after acquiring an additional 20,327 shares during the last quarter. Marshall Wace LLP boosted its stake in Dillard's by 181.2% during the 4th quarter. Marshall Wace LLP now owns 276,433 shares of the company's stock valued at $67,732,000 after acquiring an additional 178,137 shares during the last quarter. Alyeska Investment Group L.P. boosted its stake in Dillard's by 121.3% during the 1st quarter. Alyeska Investment Group L.P. now owns 157,486 shares of the company's stock valued at $42,268,000 after acquiring an additional 86,326 shares during the last quarter. American Century Companies Inc. boosted its stake in Dillard's by 75.5% during the 1st quarter. American Century Companies Inc. now owns 111,022 shares of the company's stock valued at $29,797,000 after acquiring an additional 47,775 shares during the last quarter. Finally, Wedge Capital Management L L P NC bought a new position in Dillard's during the 2nd quarter valued at $19,962,000. 59.27% of the stock is currently owned by hedge funds and other institutional investors.

Dillard's Company Profile

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Dillard's, Inc operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. Its stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods. As of January 29, 2022, the company operated 280 Dillard's stores, including 30 clearance centers, and an Internet store at dillards.com.

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