Dillard’s, Inc. (NYSE:DDS) Director Purchases $34,682.00 in Stock

Dillard’s, Inc. (NYSE:DDS) Director Robert C. Connor purchased 100 shares of the stock in a transaction dated Monday, August 19th. The stock was purchased at an average cost of $346.82 per share, for a total transaction of $34,682.00. Following the completion of the purchase, the director now directly owns 78,000 shares of the company’s stock, valued at $27,051,960. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Dillard’s Price Performance

NYSE:DDS opened at $345.77 on Thursday. Dillard’s, Inc. has a one year low of $286.39 and a one year high of $476.48. The stock has a market cap of $5.61 billion, a PE ratio of 7.86 and a beta of 0.90. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.17 and a current ratio of 2.40. The stock has a 50 day moving average price of $407.45 and a 200 day moving average price of $421.58.

Dillard’s (NYSE:DDS) last posted its earnings results on Thursday, August 15th. The company reported $4.59 earnings per share for the quarter, missing the consensus estimate of $5.97 by ($1.38). The firm had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.53 billion. Dillard’s had a net margin of 10.68% and a return on equity of 38.66%. The business’s revenue for the quarter was down 6.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $7.98 earnings per share. Equities research analysts expect that Dillard’s, Inc. will post 34.47 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have issued reports on DDS. Telsey Advisory Group lowered their target price on shares of Dillard’s from $475.00 to $380.00 and set a “market perform” rating on the stock in a research note on Friday, August 16th. UBS Group lowered their price target on shares of Dillard’s from $202.00 to $194.00 and set a “sell” rating on the stock in a research report on Friday, August 16th.

Hedge Funds Weigh In On Dillard’s

Large investors have recently modified their holdings of the business. ProShare Advisors LLC raised its holdings in Dillard’s by 6.3% in the 1st quarter. ProShare Advisors LLC now owns 612 shares of the company’s stock valued at $289,000 after buying an additional 36 shares during the period. AQR Capital Management LLC increased its position in shares of Dillard’s by 1.9% during the second quarter. AQR Capital Management LLC now owns 2,745 shares of the company’s stock valued at $1,209,000 after acquiring an additional 50 shares during the last quarter. Atlantic Edge Private Wealth Management LLC acquired a new stake in shares of Dillard’s during the second quarter valued at about $26,000. SG Americas Securities LLC raised its stake in shares of Dillard’s by 31.0% in the 2nd quarter. SG Americas Securities LLC now owns 330 shares of the company’s stock valued at $145,000 after acquiring an additional 78 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of Dillard’s by 5.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,867 shares of the company’s stock worth $881,000 after acquiring an additional 97 shares during the last quarter. Institutional investors and hedge funds own 67.15% of the company’s stock.

About Dillard’s

Dillard's, Inc operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. The company's stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods.