Eagle Boston Investment Management Inc. lifted its holdings in shares of DSW Inc. (NYSE:DSW) by 25.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 329,267 shares of the company’s stock after acquiring an additional 67,492 shares during the period. Eagle Boston Investment Management Inc. owned approximately 0.41% of DSW worth $7,049,000 at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. Piedmont Investment Advisors LLC bought a new stake in shares of DSW during the second quarter worth about $258,000. Skylands Capital LLC increased its position in shares of DSW by 77.1% during the fourth quarter. Skylands Capital LLC now owns 354,200 shares of the company’s stock worth $7,583,000 after acquiring an additional 154,200 shares in the last quarter. Mesirow Financial Investment Management Equity Management grew its position in DSW by 397.4% in the 4th quarter. Mesirow Financial Investment Management Equity Management now owns 748,686 shares of the company’s stock worth $16,030,000 after purchasing an additional 598,171 shares in the last quarter. Vanguard Group Inc. grew its position in DSW by 5.1% in the 2nd quarter. Vanguard Group Inc. now owns 6,081,533 shares of the company’s stock worth $107,644,000 after purchasing an additional 297,463 shares in the last quarter. Finally, ClariVest Asset Management LLC bought a new stake in DSW in the 3rd quarter worth about $7,176,000. 90.73% of the stock is owned by institutional investors.
DSW Inc. (NYSE DSW) opened at $20.17 on Friday. The firm has a market cap of $1,603.14, a PE ratio of 14.84, a price-to-earnings-growth ratio of 1.98 and a beta of 0.76. DSW Inc. has a 52 week low of $15.14 and a 52 week high of $22.72.
DSW (NYSE:DSW) last released its earnings results on Tuesday, November 21st. The company reported $0.45 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.53 by ($0.08). The company had revenue of $708.30 million during the quarter, compared to analysts’ expectations of $710.24 million. DSW had a net margin of 3.13% and a return on equity of 11.43%. The firm’s revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.51 earnings per share. analysts expect that DSW Inc. will post 1.41 EPS for the current fiscal year.
A number of brokerages have issued reports on DSW. Buckingham Research upped their price objective on shares of DSW from $18.00 to $22.00 and gave the stock a “neutral” rating in a research report on Monday, November 20th. Canaccord Genuity reaffirmed a “hold” rating on shares of DSW in a research report on Monday, November 20th. Zacks Investment Research raised shares of DSW from a “sell” rating to a “hold” rating in a research report on Wednesday, December 6th. Susquehanna Bancshares raised shares of DSW from a “neutral” rating to a “positive” rating in a research report on Sunday, November 26th. Finally, Standpoint Research raised shares of DSW from a “hold” rating to a “buy” rating in a research report on Friday, October 20th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $21.25.
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DSW Company Profile
DSW Inc is a footwear retailer. The Company offers an assortment of brand name dress, casual and athletic footwear and accessories for women, men and kids. The Company operates through two segments: the DSW segment (DSW), which includes DSW stores and dsw.com, and the Affiliated Business Group (ABG) segment.
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