DSW Inc. (DSW) Holdings Boosted by UBS Asset Management Americas Inc.
UBS Asset Management Americas Inc. grew its position in shares of DSW Inc. (NYSE:DSW) by 14.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 61,860 shares of the company’s stock after buying an additional 7,788 shares during the quarter. UBS Asset Management Americas Inc. owned 0.08% of DSW worth $1,324,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently bought and sold shares of the business. American International Group Inc. lifted its position in shares of DSW by 7.0% during the 3rd quarter. American International Group Inc. now owns 52,875 shares of the company’s stock worth $1,136,000 after buying an additional 3,443 shares in the last quarter. Eagle Boston Investment Management Inc. lifted its position in shares of DSW by 1.7% during the 3rd quarter. Eagle Boston Investment Management Inc. now owns 261,775 shares of the company’s stock worth $5,698,000 after buying an additional 4,372 shares in the last quarter. First Trust Advisors LP lifted its position in shares of DSW by 2.7% during the 4th quarter. First Trust Advisors LP now owns 168,130 shares of the company’s stock worth $3,600,000 after buying an additional 4,469 shares in the last quarter. Sit Investment Associates Inc. bought a new position in shares of DSW during the 4th quarter worth approximately $100,000. Finally, Quantitative Systematic Strategies LLC lifted its position in shares of DSW by 44.9% during the 4th quarter. Quantitative Systematic Strategies LLC now owns 15,053 shares of the company’s stock worth $322,000 after buying an additional 4,662 shares in the last quarter. 97.01% of the stock is currently owned by hedge funds and other institutional investors.
Shares of DSW Inc. (NYSE DSW) opened at $21.38 on Friday. The company has a current ratio of 2.66, a quick ratio of 1.11 and a debt-to-equity ratio of 0.15. DSW Inc. has a 1-year low of $15.14 and a 1-year high of $22.72. The stock has a market cap of $1,750.33, a price-to-earnings ratio of 25.76, a price-to-earnings-growth ratio of 1.87 and a beta of 0.74.
The firm also recently announced a quarterly dividend, which will be paid on Friday, April 6th. Shareholders of record on Friday, March 23rd will be issued a dividend of $0.25 per share. This is a boost from DSW’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend is Thursday, March 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 4.68%. DSW’s payout ratio is presently 96.39%.
Several equities analysts have commented on DSW shares. Susquehanna Bancshares raised shares of DSW from a “neutral” rating to a “positive” rating in a research report on Sunday, November 26th. Zacks Investment Research cut shares of DSW from a “hold” rating to a “sell” rating in a report on Monday, November 27th. Canaccord Genuity set a $22.00 price target on shares of DSW and gave the stock a “hold” rating in a report on Sunday, January 7th. Finally, B. Riley reaffirmed a “hold” rating on shares of DSW in a report on Wednesday, March 7th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the company. DSW currently has a consensus rating of “Hold” and a consensus price target of $21.40.
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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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