DSW Inc. (NYSE:DSW) Chairman Deborah L. Ferree sold 75,452 shares of the company’s stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $20.00, for a total value of $1,509,040.00. Following the completion of the sale, the chairman now owns 199,445 shares in the company, valued at approximately $3,988,900. The transaction was disclosed in a filing with the SEC, which is available at this link.

DSW Inc. (DSW) opened at 18.80 on Thursday. The company has a 50-day moving average price of $17.52 and a 200 day moving average price of $18.90. The firm has a market capitalization of $1.51 billion, a P/E ratio of 12.60 and a beta of 0.83. DSW Inc. has a 1-year low of $15.14 and a 1-year high of $26.13.

DSW (NYSE:DSW) last released its quarterly earnings data on Tuesday, August 22nd. The company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.09. The business had revenue of $680.40 million during the quarter, compared to analyst estimates of $666.66 million. DSW had a return on equity of 12.12% and a net margin of 4.41%. The company’s revenue was up 3.2% compared to the same quarter last year. During the same period last year, the company posted $0.35 EPS. Analysts expect that DSW Inc. will post $1.50 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Tuesday, September 19th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 4.26%. The ex-dividend date of this dividend is Monday, September 18th. DSW’s dividend payout ratio is presently 54.05%.

DSW announced that its board has authorized a stock repurchase program on Tuesday, August 22nd that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the company to repurchase up to 33.8% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

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Several research analysts have recently weighed in on DSW shares. Zacks Investment Research raised DSW from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 9th. Buckingham Research downgraded DSW from a “buy” rating to a “neutral” rating and set a $20.00 target price for the company. in a research note on Monday, May 8th. B. Riley reaffirmed a “buy” rating and set a $22.00 target price on shares of DSW in a research note on Monday. Citigroup Inc. upped their target price on DSW from $18.00 to $20.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 23rd. Finally, Jefferies Group LLC set a $20.00 target price on DSW and gave the stock a “hold” rating in a research note on Wednesday, August 23rd. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $21.83.

Large investors have recently added to or reduced their stakes in the company. Afam Capital Inc. raised its stake in DSW by 2.9% in the second quarter. Afam Capital Inc. now owns 108,249 shares of the company’s stock valued at $1,916,000 after buying an additional 3,092 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of DSW during the second quarter valued at approximately $299,000. Public Employees Retirement System of Ohio boosted its stake in shares of DSW by 3.9% in the second quarter. Public Employees Retirement System of Ohio now owns 39,938 shares of the company’s stock valued at $707,000 after buying an additional 1,502 shares during the period. Piedmont Investment Advisors LLC acquired a new stake in shares of DSW during the second quarter valued at approximately $258,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of DSW during the second quarter valued at approximately $904,000. 85.64% of the stock is owned by institutional investors and hedge funds.

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.

Insider Buying and Selling by Quarter for DSW (NYSE:DSW)

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