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.

How to Become a New Pot Stock Millionaire

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.

DSW (NYSE:DSW) last issued its earnings results on Tuesday, March 13th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.11. DSW had a net margin of 2.40% and a return on equity of 12.86%. The business had revenue of $720.00 million for the quarter, compared to analysts’ expectations of $728.46 million. During the same quarter in the previous year, the firm posted $0.20 EPS. The business’s revenue for the quarter was up 6.7% compared to the same quarter last year. equities research analysts forecast that DSW Inc. will post 1.62 earnings per share for the current fiscal year.

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.

ILLEGAL ACTIVITY WARNING: This piece was reported by Watch List News and is owned by of Watch List News. If you are reading this piece on another publication, it was stolen and republished in violation of US & international trademark & copyright laws. The correct version of this piece can be viewed at https://www.watchlistnews.com/dsw-inc-dsw-holdings-boosted-by-ubs-asset-management-americas-inc/1960207.html.

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.

Want to see what other hedge funds are holding DSW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DSW Inc. (NYSE:DSW).

Institutional Ownership by Quarter for DSW (NYSE:DSW)

Receive News & Ratings for DSW Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DSW and related companies with MarketBeat.com's FREE daily email newsletter.