Dillard's (NYSE:DDS)‘s stock had its “underweight” rating reaffirmed by research analysts at JPMorgan Chase & Co. in a report released on Tuesday, The Fly reports.
DDS has been the topic of several other reports. Deutsche Bank upped their price objective on shares of Dillard's from $51.00 to $52.00 and gave the company a “sell” rating in a report on Monday. ValuEngine upgraded shares of Dillard's from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Finally, Zacks Investment Research upgraded shares of Dillard's from a “sell” rating to a “hold” rating in a report on Monday, November 13th. Two analysts have rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $60.25.
Shares of Dillard's (NYSE:DDS) opened at $81.55 on Tuesday. The company has a current ratio of 1.42, a quick ratio of 0.14 and a debt-to-equity ratio of 0.36. Dillard's has a 1 year low of $45.51 and a 1 year high of $85.40. The stock has a market cap of $2,320.00, a price-to-earnings ratio of 21.69 and a beta of 1.35.
Several hedge funds have recently added to or reduced their stakes in DDS. Bank of New York Mellon Corp grew its stake in shares of Dillard's by 21.2% in the third quarter. Bank of New York Mellon Corp now owns 1,095,005 shares of the company’s stock valued at $61,398,000 after acquiring an additional 191,168 shares in the last quarter. J. Goldman & Co LP acquired a new position in shares of Dillard's in the fourth quarter valued at about $9,824,000. Wolverine Asset Management LLC grew its stake in shares of Dillard's by 107.8% in the fourth quarter. Wolverine Asset Management LLC now owns 6,250 shares of the company’s stock valued at $375,000 after acquiring an additional 86,532 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of Dillard's by 169.8% in the third quarter. SG Americas Securities LLC now owns 124,142 shares of the company’s stock valued at $6,961,000 after acquiring an additional 78,136 shares in the last quarter. Finally, Cowen Inc. acquired a new position in shares of Dillard's in the third quarter valued at about $4,374,000. Institutional investors and hedge funds own 89.85% of the company’s stock.
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Dillard's Company Profile
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.
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