DSW Inc. (NYSE:DSW) was the target of unusually large options trading activity on Tuesday. Investors acquired 21,815 call options on the stock. This represents an increase of 6,825% compared to the typical daily volume of 315 call options.
DSW (DSW) opened at $21.70 on Wednesday. DSW has a 1-year low of $15.14 and a 1-year high of $22.72. The company has a market cap of $1,567.94, a P/E ratio of 20.47, a P/E/G ratio of 1.95 and a beta of 0.74.
DSW (NYSE:DSW) last posted its quarterly earnings results on Tuesday, March 13th. The company reported $0.38 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.27 by $0.11. DSW had a net margin of 3.13% and a return on equity of 11.43%. The firm had revenue of $720.00 million for the quarter, compared to analyst estimates of $728.46 million. During the same quarter last year, the firm posted $0.20 earnings per share. DSW’s revenue for the quarter was up 6.7% compared to the same quarter last year. analysts forecast that DSW will post 1.41 earnings per share for the current fiscal year.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Skylands Capital LLC raised its holdings in DSW by 77.1% in the fourth quarter. Skylands Capital LLC now owns 354,200 shares of the company’s stock valued at $7,583,000 after buying an additional 154,200 shares during the period. Royce & Associates LP grew its position in DSW by 10.4% in the fourth quarter. Royce & Associates LP now owns 2,314,513 shares of the company’s stock valued at $49,554,000 after acquiring an additional 217,410 shares in the last quarter. Mesirow Financial Investment Management Equity Management grew its position in DSW by 397.4% in the fourth quarter. Mesirow Financial Investment Management Equity Management now owns 748,686 shares of the company’s stock valued at $16,030,000 after acquiring an additional 598,171 shares in the last quarter. ClariVest Asset Management LLC acquired a new stake in DSW in the third quarter valued at approximately $7,176,000. Finally, Schwab Charles Investment Management Inc. grew its position in DSW by 20.4% in the third quarter. Schwab Charles Investment Management Inc. now owns 740,600 shares of the company’s stock valued at $15,909,000 after acquiring an additional 125,359 shares in the last quarter. Hedge funds and other institutional investors own 97.04% of the company’s stock.
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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