Dillard’s, Inc. (NYSE:DDS) VP Tony J. Bolte sold 2,400 shares of the business’s stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $64.46, for a total transaction of $154,704.00. Following the sale, the vice president now owns 1,840 shares in the company, valued at approximately $118,606.40. The sale was disclosed in a legal filing with the SEC, which is available at this link.
DDS opened at $79.35 on Monday. The stock has a 50-day moving average of $60.71. The company has a current ratio of 1.78, a quick ratio of 0.22 and a debt-to-equity ratio of 0.35. The stock has a market cap of $2.04 billion, a price-to-earnings ratio of 12.97, a PEG ratio of 1.65 and a beta of 1.00. Dillard’s, Inc. has a 1 year low of $53.96 and a 1 year high of $94.03.
Dillard’s (NYSE:DDS) last posted its quarterly earnings results on Wednesday, May 15th. The company reported $2.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.88 by ($0.11). The company had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.49 billion. Dillard’s had a return on equity of 9.67% and a net margin of 2.62%. Dillard’s’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.89 EPS. As a group, equities analysts anticipate that Dillard’s, Inc. will post 4.89 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Monday, August 5th. Stockholders of record on Friday, June 28th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.50%. The ex-dividend date is Thursday, June 27th. Dillard’s’s dividend payout ratio is presently 6.54%.
Several research firms have recently issued reports on DDS. ValuEngine raised Lam Research from a “hold” rating to a “buy” rating in a research report on Sunday, July 14th. Zacks Investment Research raised HANNOVER RUECK/S from a “sell” rating to a “hold” rating in a research report on Friday, May 17th. TheStreet raised ZTO Express (Cayman) from a “c+” rating to a “b” rating in a research report on Thursday, May 16th. Deutsche Bank lifted their price target on Macy’s from $27.00 to $28.00 and gave the stock a “hold” rating in a research report on Thursday, May 16th. Finally, Wedbush set a $9.00 price target on GameStop and gave the stock a “buy” rating in a research report on Thursday, July 11th. Three analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $62.67.
A number of large investors have recently modified their holdings of the business. Investors Research Corp purchased a new position in Dillard’s during the first quarter valued at approximately $79,000. NumerixS Investment Technologies Inc purchased a new position in Dillard’s during the first quarter valued at approximately $86,000. Xact Kapitalforvaltning AB purchased a new position in Dillard’s during the first quarter valued at approximately $216,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in Dillard’s during the first quarter valued at approximately $234,000. Finally, CSat Investment Advisory L.P. raised its position in Dillard’s by 4.7% during the first quarter. CSat Investment Advisory L.P. now owns 3,392 shares of the company’s stock valued at $244,000 after acquiring an additional 153 shares in the last quarter. 88.77% of the stock is owned by institutional investors and hedge funds.
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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