Dillard’s, Inc. (NYSE:DDS) Director J C. Watts, Jr. sold 450 shares of the firm’s stock in a transaction dated Wednesday, September 13th. The stock was sold at an average price of $60.30, for a total transaction of $27,135.00. Following the completion of the sale, the director now directly owns 8,200 shares of the company’s stock, valued at approximately $494,460. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Dillard’s, Inc. (NYSE:DDS) traded up 0.54% during mid-day trading on Friday, hitting $59.41. 849,626 shares of the stock traded hands. Dillard’s, Inc. has a 12 month low of $45.51 and a 12 month high of $83.44. The stock has a 50-day moving average price of $62.56 and a 200-day moving average price of $56.25. The stock has a market cap of $1.72 billion, a P/E ratio of 14.72 and a beta of 1.12.

Dillard’s (NYSE:DDS) last posted its quarterly earnings data on Thursday, August 10th. The company reported ($0.58) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.19 by ($0.77). The company had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.44 billion. Dillard’s had a return on equity of 7.89% and a net margin of 2.04%. The business’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.35 EPS. On average, equities analysts forecast that Dillard’s, Inc. will post $3.51 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 30th. Investors of record on Friday, September 29th will be given a dividend of $0.10 per share. The ex-dividend date is Thursday, September 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.67%. This is a boost from Dillard’s’s previous quarterly dividend of $0.07. Dillard’s’s dividend payout ratio (DPR) is presently 7.12%.

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Several analysts have recently weighed in on DDS shares. BidaskClub raised shares of Dillard’s from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 1st. ValuEngine raised shares of Dillard’s from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. TheStreet raised shares of Dillard’s from a “c” rating to a “b-” rating in a research note on Tuesday, August 8th. Deutsche Bank AG lifted their price target on shares of Dillard’s from $39.00 to $42.00 and gave the company a “sell” rating in a research note on Tuesday, August 8th. Finally, J P Morgan Chase & Co reaffirmed an “underweight” rating and set a $36.00 price target (down previously from $49.00) on shares of Dillard’s in a research note on Thursday, August 10th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $56.00.

Large investors have recently bought and sold shares of the stock. QS Investors LLC boosted its position in shares of Dillard’s by 0.7% during the 2nd quarter. QS Investors LLC now owns 1,798 shares of the company’s stock worth $104,000 after purchasing an additional 12 shares during the period. LS Investment Advisors LLC boosted its position in shares of Dillard’s by 16.4% during the 2nd quarter. LS Investment Advisors LLC now owns 1,995 shares of the company’s stock worth $115,000 after purchasing an additional 281 shares during the period. Segantii Capital Management Ltd purchased a new position in shares of Dillard’s during the 1st quarter worth approximately $125,000. Victory Capital Management Inc. boosted its position in shares of Dillard’s by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 2,168 shares of the company’s stock worth $125,000 after purchasing an additional 325 shares during the period. Finally, Advantus Capital Management Inc purchased a new position in shares of Dillard’s during the 1st quarter worth approximately $169,000. 94.10% of the stock is owned by hedge funds and other institutional investors.

About Dillard’s

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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