Paradigm Capital Management Inc. NY increased its position in shares of DSW Inc. (NYSE:DSW) by 209.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 37,787 shares of the company’s stock after acquiring an additional 25,587 shares during the quarter. Paradigm Capital Management Inc. NY’s holdings in DSW were worth $809,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in DSW. Sit Investment Associates Inc. acquired a new stake in shares of DSW during the fourth quarter worth about $100,000. Cerebellum GP LLC acquired a new stake in shares of DSW during the fourth quarter worth about $129,000. Robeco Institutional Asset Management B.V. acquired a new stake in shares of DSW during the third quarter worth about $152,000. Wealthcare Advisory Partners LLC acquired a new stake in shares of DSW during the third quarter worth about $197,000. Finally, M&T Bank Corp acquired a new stake in shares of DSW during the fourth quarter worth about $201,000. 90.73% of the stock is owned by hedge funds and other institutional investors.

DSW Inc. (NYSE DSW) opened at $19.53 on Monday. DSW Inc. has a twelve month low of $15.14 and a twelve month high of $22.72. The stock has a market capitalization of $1,562.34, a P/E ratio of 14.47, a price-to-earnings-growth ratio of 1.93 and a beta of 0.76.

DSW (NYSE:DSW) last announced its quarterly earnings results on Tuesday, November 21st. The company reported $0.45 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.53 by ($0.08). DSW had a net margin of 3.13% and a return on equity of 11.43%. The company had revenue of $708.30 million during the quarter, compared to analyst estimates of $710.24 million. During the same period in the previous year, the firm posted $0.51 earnings per share. The company’s revenue was up 1.7% compared to the same quarter last year. research analysts anticipate that DSW Inc. will post 1.41 EPS for the current fiscal year.

A number of equities research analysts recently commented on DSW shares. Standpoint Research raised DSW from a “hold” rating to a “buy” rating in a report on Friday, October 20th. Jefferies Group set a $20.00 target price on DSW and gave the stock a “hold” rating in a report on Tuesday, October 31st. Wedbush downgraded DSW from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $23.00 to $20.00 in a report on Wednesday, November 1st. B. Riley downgraded DSW from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $22.00 to $20.00 in a report on Thursday, November 2nd. Finally, Zacks Investment Research downgraded DSW from a “strong-buy” rating to a “hold” rating in a report on Friday, November 3rd. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $21.25.

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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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Institutional Ownership by Quarter for DSW (NYSE:DSW)

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