UBS Group upgraded shares of DSW (NYSE:DSW) to a neutral rating in a research report report published on Friday, The Fly reports.

A number of other brokerages have also weighed in on DSW. ValuEngine raised shares of DSW from a hold rating to a buy rating in a research note on Thursday, September 27th. B. Riley upped their price target on shares of DSW from $23.00 to $30.00 and gave the stock a neutral rating in a research note on Wednesday, August 29th. Telsey Advisory Group upped their price target on shares of DSW from $24.00 to $34.00 and gave the stock a market perform rating in a research note on Wednesday, August 29th. Wells Fargo & Co upped their price target on shares of DSW from $22.00 to $31.00 and gave the stock a market perform rating in a research note on Wednesday, August 29th. Finally, Deutsche Bank upped their price target on shares of DSW from $24.00 to $28.00 and gave the stock a hold rating in a research note on Wednesday, August 29th. Fourteen equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus price target of $29.08.

Shares of NYSE:DSW opened at $25.95 on Friday. The company has a market capitalization of $2.08 billion, a PE ratio of 17.07, a P/E/G ratio of 1.66 and a beta of 1.12. DSW has a twelve month low of $18.01 and a twelve month high of $34.63.

DSW (NYSE:DSW) last issued its quarterly earnings results on Tuesday, August 28th. The company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.17. The company had revenue of $793.70 million during the quarter, compared to analyst estimates of $689.41 million. DSW had a net margin of 0.06% and a return on equity of 15.75%. The business’s revenue for the quarter was up 16.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.38 EPS. Research analysts anticipate that DSW will post 1.73 earnings per share for the current year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. TIAA CREF Investment Management LLC raised its holdings in shares of DSW by 37.8% in the 3rd quarter. TIAA CREF Investment Management LLC now owns 211,761 shares of the company’s stock worth $7,174,000 after purchasing an additional 58,106 shares in the last quarter. Teachers Advisors LLC raised its holdings in shares of DSW by 41.3% in the 3rd quarter. Teachers Advisors LLC now owns 189,253 shares of the company’s stock worth $6,412,000 after purchasing an additional 55,349 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of DSW by 119.8% in the 3rd quarter. AQR Capital Management LLC now owns 871,104 shares of the company’s stock worth $29,513,000 after purchasing an additional 474,783 shares in the last quarter. Wakefield Asset Management LLLP bought a new stake in shares of DSW in the 3rd quarter worth approximately $282,000. Finally, MetLife Investment Advisors LLC raised its holdings in shares of DSW by 55.4% in the 3rd quarter. MetLife Investment Advisors LLC now owns 49,125 shares of the company’s stock worth $1,664,000 after purchasing an additional 17,510 shares in the last quarter. Institutional investors and hedge funds own 85.53% 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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Analyst Recommendations for DSW (NYSE:DSW)

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