UBS Group Increases Dillard’s (NYSE:DDS) Price Target to $200.00

Dillard’s (NYSE:DDS) had its price objective upped by research analysts at UBS Group from $196.00 to $200.00 in a report issued on Wednesday,Benzinga reports. The firm currently has a “sell” rating on the stock. UBS Group’s price objective would suggest a potential downside of 60.12% from the company’s previous close.

A number of other brokerages also recently issued reports on DDS. Telsey Advisory Group upped their price target on Dillard’s from $380.00 to $450.00 and gave the company a “market perform” rating in a report on Friday, November 15th. StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a report on Tuesday, February 11th.

Dillard’s Trading Down 0.4 %

Shares of NYSE:DDS opened at $501.54 on Wednesday. The company has a market cap of $7.97 billion, a P/E ratio of 12.86 and a beta of 0.88. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02. Dillard’s has a 1 year low of $328.00 and a 1 year high of $509.36. The stock’s fifty day moving average price is $459.17 and its 200-day moving average price is $409.58.

Insider Activity at Dillard’s

In other Dillard’s news, VP Tom W. Bolin sold 300 shares of the company’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total value of $130,035.00. Following the completion of the sale, the vice president now owns 1,167 shares in the company, valued at $505,836.15. This represents a 20.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 33.80% of the stock is owned by company insiders.

Institutional Trading of Dillard’s

Several institutional investors have recently made changes to their positions in the business. Steel Grove Capital Advisors LLC grew its position in shares of Dillard’s by 0.7% during the fourth quarter. Steel Grove Capital Advisors LLC now owns 4,314 shares of the company’s stock worth $1,863,000 after purchasing an additional 29 shares in the last quarter. Stifel Financial Corp grew its position in shares of Dillard’s by 0.6% during the fourth quarter. Stifel Financial Corp now owns 5,136 shares of the company’s stock worth $2,216,000 after purchasing an additional 31 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of Dillard’s by 177.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 61 shares of the company’s stock worth $26,000 after purchasing an additional 39 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of Dillard’s by 11.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 455 shares of the company’s stock worth $175,000 after purchasing an additional 45 shares in the last quarter. Finally, US Bancorp DE grew its position in shares of Dillard’s by 61.3% during the third quarter. US Bancorp DE now owns 129 shares of the company’s stock worth $49,000 after purchasing an additional 49 shares in the last quarter. Hedge funds and other institutional investors own 67.15% of the company’s stock.

About Dillard’s

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.