LSV Asset Management raised its stake in shares of DSW Inc. (NYSE:DSW) by 182.4% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 139,800 shares of the company’s stock after buying an additional 90,300 shares during the period. LSV Asset Management’s holdings in DSW were worth $3,609,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the business. BlackRock Inc. increased its stake in DSW by 0.3% during the 1st quarter. BlackRock Inc. now owns 8,981,008 shares of the company’s stock valued at $201,713,000 after buying an additional 29,673 shares during the period. Fuller & Thaler Asset Management Inc. increased its stake in DSW by 0.4% during the 2nd quarter. Fuller & Thaler Asset Management Inc. now owns 3,874,658 shares of the company’s stock valued at $100,044,000 after buying an additional 16,000 shares during the period. Northern Trust Corp increased its stake in DSW by 33.4% during the 1st quarter. Northern Trust Corp now owns 1,945,988 shares of the company’s stock valued at $43,707,000 after buying an additional 487,330 shares during the period. Brown Advisory Inc. increased its stake in DSW by 45.3% during the 1st quarter. Brown Advisory Inc. now owns 1,575,406 shares of the company’s stock valued at $35,384,000 after buying an additional 491,204 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in DSW by 0.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,402,653 shares of the company’s stock valued at $36,218,000 after buying an additional 6,679 shares during the period. 89.18% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have commented on the stock. ValuEngine raised shares of DSW from a “hold” rating to a “buy” rating in a research note on Tuesday. Zacks Investment Research raised shares of DSW from a “hold” rating to a “buy” rating and set a $32.00 price objective on the stock in a research note on Tuesday, August 14th. Wedbush lifted their price objective on shares of DSW from $21.00 to $24.00 and gave the stock a “neutral” rating in a research note on Monday, August 13th. UBS Group cut shares of DSW to a “neutral” rating in a research note on Friday, August 17th. Finally, B. Riley set a $23.00 price objective on shares of DSW and gave the stock a “hold” rating in a research note on Friday, August 24th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $24.22.

Shares of DSW opened at $32.70 on Wednesday. The company has a market capitalization of $2.19 billion, a PE ratio of 17.10, a price-to-earnings-growth ratio of 2.41 and a beta of 0.63. DSW Inc. has a 12-month low of $17.75 and a 12-month high of $34.02.

DSW (NYSE:DSW) last announced its quarterly earnings data on Tuesday, August 28th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.17. The company had revenue of $793.70 million for the quarter, compared to analysts’ expectations of $689.41 million. DSW had a net margin of 2.43% and a return on equity of 13.42%. The business’s revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS. research analysts expect that DSW Inc. will post 1.62 earnings per share for the current fiscal year.

In other news, CFO Jared A. Poff sold 1,960 shares of DSW stock in a transaction that occurred on Tuesday, June 12th. The shares were sold at an average price of $25.47, for a total value of $49,921.20. Following the transaction, the chief financial officer now owns 11,785 shares of the company’s stock, valued at approximately $300,163.95. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 16.70% of the company’s stock.

DSW Company Profile

DSW Inc, together with its subsidiaries, operates as a branded footwear and accessories retailer in the United States. The company offers dresses, casual and athletic footwear, and accessories under various brands for women, men, and kids. It also provides handbags, hosiery, jewelry, and other accessories.

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Institutional Ownership by Quarter for DSW (NYSE:DSW)

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