November 28, 2016 - By Marie Mckinney
It was shown in a legally required document that has been filled with the Security and Exchange Commission that Deborah Ferree, who works for Dsw Inc, and currently serves as V Chairman & Chief Mdsing Off. finalized an insider transaction on 28-11-2016. She made a sale of 114,854 shares of the Pinksheet-listed company which is based on a stock price of $24.9 U.S Dollars for each share. As published in the electronic document available at the SEC website here, the aggregate amount of the transaction was $2,857,568 U.S Dollars. This big deal will probably draw attention, as she now holds 0.14% of the total market capitalization of Dsw Inc.
Out of 18 analysts covering DSW Inc (NYSE:DSW), 6 rate it a “Buy”, 2 “Sell”, while 10 “Hold”. This means 33% are positive. $38 is the highest target while $19 is the lowest. The $25.48 average target is 3.03% above today’s ($24.73) stock price. DSW Inc has been the topic of 43 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The rating was maintained by Telsey Advisory Group with “Outperform” on Monday, November 2. Jefferies maintained the stock with “Buy” rating in Wednesday, August 26 report. The rating was downgraded by Johnson Rice to “Accumulate” on Wednesday, March 16. Telsey Advisory Group maintained it with “Market Perform” rating and $25 target price in Wednesday, August 31 report. Credit Suisse maintained DSW Inc. (NYSE:DSW) rating on Wednesday, November 25. Credit Suisse has “Outperform” rating and $26 price target. On Tuesday, August 25 the stock rating was maintained by Sterne Agee CRT with “Buy”. On Friday, September 16 the stock rating was initiated by Susquehanna with “Negative”. On Wednesday, March 16 the stock rating was maintained by Buckingham Research with “Buy”. The firm has “Overweight” rating by KeyBanc Capital Markets given on Tuesday, August 4. On Wednesday, November 2 the stock rating was initiated by Wedbush with “Neutral”.
Insitutional Activity: The institutional sentiment increased to 1.3 in Q2 2016. Its up 0.19, from 1.11 in 2016Q1. The ratio improved, as 52 funds sold all DSW Inc. shares owned while 50 reduced positions. 24 funds bought stakes while 89 increased positions. They now own 71.87 million shares or 0.45% less from 72.19 million shares in 2016Q1.
Dean accumulated 57,690 shares or 1.68% of the stock. Schwab Charles Inv last reported 380,005 shares in the company. Horizon Kinetics Limited Com holds 0.01% or 20,551 shares in its portfolio. Moreover, State Street has 0% invested in DSW Inc. (NYSE:DSW) for 1.43M shares. Americafirst Cap Limited Liability Co has 0% invested in the company for 5,064 shares. Blackrock last reported 31,681 shares in the company. Moreover, Gradient Invs Llc has 0% invested in DSW Inc. (NYSE:DSW) for 83 shares. Dean Associate Llc last reported 0.69% of its portfolio in the stock. Utd Svcs Automobile Association has 720,460 shares for 0.05% of their US portfolio. Vanguard Grp Inc last reported 4.66M shares in the company. Jane Street Ltd Liability Corporation holds 28,514 shares or 0% of its portfolio. The New York-based State Bank Of Mellon Corp has invested 0% in DSW Inc. (NYSE:DSW). Foundry Partners Limited Liability Co has invested 0.02% of its portfolio in DSW Inc. (NYSE:DSW). Pointstate Limited Partnership last reported 0.04% of its portfolio in the stock. Eulav Asset Mgmt accumulated 22,000 shares or 0.03% of the stock.
Insider Transactions: Since September 1, 2016, the stock had 0 buys, and 2 selling transactions for $1.25 million net activity. Shares for $1.06 million were sold by Jordan William L on Wednesday, September 7. $188,025 worth of DSW Inc. (NYSE:DSW) shares were sold by SONNENBERG HARVEY L.
About 563,957 shares traded hands. DSW Inc. (NYSE:DSW) has risen 0.28% since April 25, 2016 and is uptrending. It has underperformed by 5.73% the S&P500.
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 $2.03 billion. The Firm operates through two divisions: the DSW segment and the Affiliated Business Group segment. It has a 19.41 P/E ratio. The DSW segment includes DSW stores and dsw.com.
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.”
More important 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 article titled: “DSW Inc. Names Jared Poff as Chief Financial Officer”, Prnewswire.com published: “DSW Inc. Announces Third Quarter 2016 Earnings Release Date” on November 08, 2016. More interesting news about DSW Inc. (NYSE:DSW) was released by: Reuters.com and their article: “BRIEF-DSW Inc. names Jared Poff as Chief Financial Officer” with publication date: November 18, 2016.
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.
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