December 1, 2016 - By Pete Kolinski · 0 Comments
DSW Inc (NYSE:DSW) institutional sentiment increased to 1.3 in Q2 2016. Its up 0.19, from 1.11 in 2016Q1. The ratio has increased, as 113 investment professionals opened new and increased holdings, while 102 sold and decreased stakes in DSW Inc. The investment professionals in our partner’s database now hold: 71.87 million shares, down from 72.19 million shares in 2016Q1. Also, the number of investment professionals holding DSW Inc in their top 10 holdings was flat from 3 to 3 for the same number . Sold All: 52 Reduced: 50 Increased: 89 New Position: 24.
DSW Inc. is a footwear retailer. The Company offers assortment of shoes, handbags and accessories for women, men and children. The company has a market cap of $2.01 billion. The Firm operates through two divisions: the DSW segment and the Affiliated Business Group segment. It has a 19.14 P/E ratio. The DSW segment includes DSW stores and dsw.com.
About 397,522 shares traded hands. DSW Inc. (NYSE:DSW) has declined 3.92% since April 28, 2016 and is downtrending. It has underperformed by 9.85% the S&P500.
According to Zacks Investment Research, “DSW is a specialty branded footwear retailer operating DSW stores and also supplies, under supply arrangements, to related retailers and to other non-related retailers in the United States.”
Mig Capital Llc holds 4.54% of its portfolio in DSW Inc. for 985,000 shares. Hawk Ridge Capital Management Lp owns 330,623 shares or 4.22% of their US portfolio. Moreover, Paragon Capital Management Llc has 3.1% invested in the company for 413,220 shares. The Illinois-based Pekin Singer Strauss Asset Management Il has invested 2.78% in the stock. Investment Management Of Virginia Llc, a Virginia-based fund reported 343,109 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 3 insider sales for $4.11 million net activity.
Ratings analysis reveals 33% of DSW Inc’s analysts are positive. Out of 18 Wall Street analysts rating DSW Inc, 6 give it “Buy”, 2 “Sell” rating, while 10 recommend “Hold”. The lowest target is $19 while the high is $38. The stock’s average target of $25.48 is 4.51% above today’s ($24.38) share price. DSW was included in 43 notes of analysts from August 4, 2015. The stock has “Neutral” rating given by Susquehanna on Monday, May 16. The firm earned “Neutral” rating on Monday, September 28 by B. Riley & Co. On Monday, August 29 the stock rating was maintained by Canaccord Genuity with “Hold”. Susquehanna initiated DSW Inc. (NYSE:DSW) on Friday, September 16 with “Negative” rating. On Friday, November 4 the stock rating was initiated by Standpoint Research with “Buy”. The stock has “Neutral” rating given by Susquehanna on Wednesday, November 4. The firm has “Neutral” rating by Citigroup given on Wednesday, August 31. Wells Fargo initiated the shares of DSW in a report on Thursday, November 19 with “Underperform” rating. The firm earned “Outperform” rating on Monday, November 2 by Telsey Advisory Group. Credit Suisse maintained DSW Inc. (NYSE:DSW) on Wednesday, November 25 with “Outperform” rating.
DSW Inc., incorporated on January 20, 1969, is a footwear retailer. The Firm offers assortment of shoes, handbags and accessories for women, men and children. The Firm operates through two divisions: the DSW segment (DSW) and the Affiliated Business Group (ABG) segment. It operates approximately 470 DSW stores, dsw.com and shoe departments in approximately 280 Stein Mart stores and Steinmart.com, over 100 Gordmans stores and Gordmans.com, and approximately one Frugal Fannie’s store. The Company’s DSW stores average approximately 21,000 square feet and carry over 21,500 pairs of shoes. In addition, it offers DSW Rewards program, through which members earn points towards certificates every time they purchase.
More recent DSW Inc. (NYSE:DSW) news were published by: Fool.com which released: “Why DSW, Inc. Stock Popped Today” on November 22, 2016. Also Prnewswire.com published the news titled: “DSW Inc. Names Jared Poff as Chief Financial Officer” on November 18, 2016. Prnewswire.com‘s news article titled: “DSW Inc. Announces Third Quarter 2016 Earnings Release Date” with publication date: November 08, 2016 was also an interesting one.
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By Pete Kolinski