Dillard’s (DDS) Lifted to “Neutral” at JPMorgan Chase & Co.

JPMorgan Chase & Co. upgraded shares of Dillard’s (NYSE:DDS) from an underweight rating to a neutral rating in a research report released on Monday morning, Marketbeat reports.

A number of other equities analysts also recently weighed in on DDS. Bank of America downgraded Dillard’s from a buy rating to an underperform rating and set a $55.00 target price on the stock. in a report on Thursday, November 15th. ValuEngine upgraded Dillard’s from a sell rating to a hold rating in a report on Wednesday, January 2nd. Telsey Advisory Group dropped their target price on Dillard’s from $83.00 to $65.00 and set a market perform rating on the stock in a report on Friday, November 16th. Wedbush downgraded Dillard’s from an outperform rating to a neutral rating and dropped their target price for the company from $95.00 to $70.00 in a report on Tuesday, October 30th. They noted that the move was a valuation call. Finally, Zacks Investment Research downgraded Dillard’s from a hold rating to a strong sell rating in a report on Tuesday, November 20th. Three analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. The stock currently has a consensus rating of Hold and an average price target of $64.86.

NYSE DDS opened at $68.02 on Monday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.16 and a current ratio of 1.49. The stock has a market cap of $1.68 billion, a price-to-earnings ratio of 14.17, a P/E/G ratio of 1.12 and a beta of 0.89. Dillard’s has a 1 year low of $55.73 and a 1 year high of $98.75.

Dillard’s (NYSE:DDS) last posted its quarterly earnings data on Thursday, November 15th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by ($0.40). The company had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.38 billion. Dillard’s had a return on equity of 9.88% and a net margin of 3.70%. During the same quarter in the previous year, the firm posted $0.41 EPS. On average, sell-side analysts expect that Dillard’s will post 5.74 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 4th. Investors of record on Monday, December 31st will be issued a $0.10 dividend. The ex-dividend date of this dividend is Friday, December 28th. This represents a $0.40 dividend on an annualized basis and a yield of 0.59%. Dillard’s’s dividend payout ratio is currently 8.33%.

Large investors have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC increased its holdings in Dillard’s by 69.0% in the second quarter. Tower Research Capital LLC TRC now owns 1,335 shares of the company’s stock worth $126,000 after buying an additional 545 shares during the last quarter. NumerixS Investment Technologies Inc bought a new stake in Dillard’s during the second quarter worth approximately $126,000. Advisors Asset Management Inc. boosted its position in Dillard’s by 172.1% during the third quarter. Advisors Asset Management Inc. now owns 1,837 shares of the company’s stock worth $140,000 after purchasing an additional 1,162 shares during the period. GSA Capital Partners LLP bought a new stake in Dillard’s during the third quarter worth approximately $206,000. Finally, Wakefield Asset Management LLLP bought a new stake in Dillard’s during the third quarter worth approximately $239,000. Hedge funds and other institutional investors own 94.44% of the company’s stock.

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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Analyst Recommendations for Dillard`s (NYSE:DDS)

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