Fuller & Thaler Asset Management Inc. Buys 16,000 Shares of DSW Inc. (DSW)

Fuller & Thaler Asset Management Inc. grew its stake in DSW Inc. (NYSE:DSW) by 0.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,874,658 shares of the company’s stock after acquiring an additional 16,000 shares during the quarter. DSW comprises approximately 1.1% of Fuller & Thaler Asset Management Inc.’s portfolio, making the stock its 25th biggest holding. Fuller & Thaler Asset Management Inc. owned approximately 4.83% of DSW worth $100,044,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Foresters Investment Management Company Inc. increased its stake in DSW by 0.4% in the first quarter. Foresters Investment Management Company Inc. now owns 1,192,250 shares of the company’s stock valued at $26,778,000 after purchasing an additional 5,100 shares during the last quarter. Swiss National Bank increased its stake in DSW by 5.0% in the first quarter. Swiss National Bank now owns 113,800 shares of the company’s stock valued at $2,556,000 after purchasing an additional 5,400 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in DSW by 7.9% in the first quarter. Thrivent Financial for Lutherans now owns 48,672 shares of the company’s stock valued at $1,093,000 after purchasing an additional 3,552 shares during the last quarter. Guggenheim Capital LLC increased its stake in DSW by 3.2% in the first quarter. Guggenheim Capital LLC now owns 120,202 shares of the company’s stock valued at $2,698,000 after purchasing an additional 3,767 shares during the last quarter. Finally, Prudential Financial Inc. increased its stake in DSW by 0.5% in the first quarter. Prudential Financial Inc. now owns 498,746 shares of the company’s stock valued at $11,202,000 after purchasing an additional 2,310 shares during the last quarter. Institutional investors and hedge funds own 95.03% of the company’s stock.

Several equities analysts recently commented on DSW shares. Zacks Investment Research upgraded DSW from a “hold” rating to a “buy” rating and set a $28.00 target price for the company in a research note on Tuesday, May 15th. Standpoint Research lowered DSW from a “buy” rating to a “hold” rating in a research note on Monday, May 21st. Deutsche Bank lowered DSW from a “buy” rating to a “hold” rating and set a $24.00 target price for the company. in a research note on Wednesday, May 23rd. B. Riley set a $22.00 target price on DSW and gave the company a “hold” rating in a research note on Tuesday, May 22nd. Finally, Canaccord Genuity set a $22.00 target price on DSW and gave the company a “hold” rating in a research note on Tuesday, May 29th. Ten equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $23.90.

Shares of NYSE:DSW opened at $28.16 on Thursday. The stock has a market cap of $2.22 billion, a price-to-earnings ratio of 18.53, a PEG ratio of 2.45 and a beta of 0.63. DSW Inc. has a 12 month low of $15.14 and a 12 month high of $29.27.

DSW (NYSE:DSW) last announced its quarterly earnings results on Wednesday, May 30th. The company reported $0.39 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.02. The company had revenue of $712.10 million during the quarter, compared to analyst estimates of $683.83 million. DSW had a return on equity of 13.42% and a net margin of 2.43%. The firm’s revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.32 earnings per share. sell-side analysts anticipate that DSW Inc. will post 1.61 EPS for the current fiscal year.

In other DSW news, CFO Jared A. Poff sold 1,960 shares of the company’s stock in a transaction dated Tuesday, June 12th. The stock was sold at an average price of $25.47, for a total transaction of $49,921.20. Following the completion of the sale, the chief financial officer now directly owns 11,785 shares in the company, valued at $300,163.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 16.70% of the company’s stock.

About DSW

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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Institutional Ownership by Quarter for DSW (NYSE:DSW)

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