Dillard’s (NYSE:DDS) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Dillard’s, Inc. (NYSE:DDS)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $399.58 and traded as high as $453.72. Dillard’s shares last traded at $451.95, with a volume of 102,465 shares.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on DDS shares. StockNews.com raised shares of Dillard’s from a “hold” rating to a “buy” rating in a research report on Friday, November 15th. Telsey Advisory Group raised their price target on Dillard’s from $380.00 to $450.00 and gave the stock a “market perform” rating in a research note on Friday, November 15th. Finally, UBS Group increased their price objective on shares of Dillard’s from $194.00 to $198.00 and gave the stock a “sell” rating in a report on Friday, November 15th.

Dillard’s Stock Performance

The stock has a 50-day simple moving average of $431.91 and a 200-day simple moving average of $400.15. The stock has a market cap of $7.16 billion, a PE ratio of 11.58 and a beta of 0.89. 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 Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, January 6th. Shareholders of record on Monday, December 16th were paid a dividend of $25.00 per share. The ex-dividend date was Friday, December 13th. This represents a yield of 5.68%. Dillard’s’s dividend payout ratio is currently 2.57%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in DDS. Allspring Global Investments Holdings LLC boosted its stake in shares of Dillard’s by 11.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 455 shares of the company’s stock valued at $175,000 after purchasing an additional 45 shares during the period. US Bancorp DE boosted its position in Dillard’s by 61.3% in the 3rd quarter. US Bancorp DE now owns 129 shares of the company’s stock valued at $49,000 after buying an additional 49 shares during the last quarter. AQR Capital Management LLC grew its stake 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 in the last quarter. Capital Performance Advisors LLP purchased a new stake in shares of Dillard’s during the third quarter worth about $29,000. Finally, Blue Trust Inc. lifted its stake in shares of Dillard’s by 25.8% in the third quarter. Blue Trust Inc. now owns 429 shares of the company’s stock worth $165,000 after acquiring an additional 88 shares in the last quarter. 67.15% of the stock is owned by hedge funds and other institutional investors.

Dillard’s Company Profile

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.