Deutsche Bank Downgrades DSW (DSW); Welbilt (WBT) SI Decreased By 5.95%

May 23, 2018 - By Ash

DSW Inc. (NYSE:DSW) Logo

Trading of DSW (NYSE:DSW)‘s shares is going to be interesting today, as Deutsche Bank cut the stock from a Buy to a Hold. Along the rating downgrade, Deutsche Bank analysts gave a price target of $24 or -6.40% more.

Welbilt Inc (NYSE:WBT) had a decrease of 5.95% in short interest. WBT’s SI was 7.19 million shares in May as released by FINRA. Its down 5.95% from 7.65M shares previously. With 749,200 avg volume, 10 days are for Welbilt Inc (NYSE:WBT)’s short sellers to cover WBT’s short positions. The SI to Welbilt Inc’s float is 5.99%. The stock increased 0.41% or $0.08 during the last trading session, reaching $19.69. About 605,499 shares traded. Welbilt, Inc. (NYSE:WBT) has risen 0.47% since May 23, 2017 and is uptrending. It has underperformed by 11.08% the S&P500.

Among 23 analysts covering DSW Inc (NYSE:DSW), 7 have Buy rating, 1 Sell and 15 Hold. Therefore 30% are positive. DSW Inc has $38 highest and $17.0 lowest target. $23.98’s average target is -6.47% below currents $25.64 stock price. DSW Inc had 80 analyst reports since August 4, 2015 according to SRatingsIntel. Suntrust Robinson downgraded the shares of DSW in report on Tuesday, January 3 to “Hold” rating. The firm has “Hold” rating given on Tuesday, October 31 by Jefferies. On Friday, July 15 the stock rating was maintained by Deutsche Bank with “Hold”. The rating was maintained by Canaccord Genuity on Tuesday, March 6 with “Hold”. The stock has “Buy” rating by B. Riley & Co on Wednesday, August 23. The firm earned “Hold” rating on Monday, May 21 by Standpoint Research. The stock has “Hold” rating by Standpoint Research on Tuesday, August 22. The firm has “Neutral” rating given on Monday, July 11 by Wells Fargo. The firm has “Market Perform” rating given on Wednesday, March 15 by Telsey Advisory Group. The firm has “Positive” rating given on Thursday, November 16 by Susquehanna.

More recent DSW Inc. (NYSE:DSW) news were published by: Streetinsider.com which released: “UPDATE: Deutsche Bank Downgrades DSW Inc. (DSW) to Hold Citing a Full Valuation, Diffiuclt Upside Potential” on May 23, 2018. Also Nasdaq.com published the news titled: “3 Dividend Stocks That Pay You More Than IBM Does” on May 22, 2018. Seekingalpha.com‘s news article titled: “Small-Cap Dividend Spotlight: Designer Shoe Warehouse” with publication date: May 14, 2018 was also an interesting one.

Since March 14, 2018, it had 0 insider buys, and 2 selling transactions for $1.46 million activity. Jordan William L sold $691,539 worth of stock or 32,666 shares.

The stock increased 0.20% or $0.05 during the last trading session, reaching $25.64. About 2.50 million shares traded or 37.59% up from the average. DSW Inc. (NYSE:DSW) has risen 10.29% since May 23, 2017 and is uptrending. It has underperformed by 1.26% the S&P500.

Investors sentiment decreased to 1.44 in 2017 Q4. Its down 0.13, from 1.57 in 2017Q3. It worsened, as 27 investors sold DSW Inc. shares while 66 reduced holdings. 59 funds opened positions while 75 raised stakes. 75.13 million shares or 8.08% more from 69.51 million shares in 2017Q3 were reported. Court Place Advsrs Limited Com has 0.17% invested in DSW Inc. (NYSE:DSW). Voya Inv Mgmt Limited Company has 29,225 shares. Gsa Cap Ptnrs Llp owns 16,146 shares or 0.02% of their US portfolio. Jennison Assoc Limited Liability Company holds 0% or 22,255 shares. The California-based California State Teachers Retirement has invested 0% in DSW Inc. (NYSE:DSW). Parallax Volatility Advisers Limited Partnership holds 0% or 9,996 shares in its portfolio. Moreover, Piedmont Inv Advisors Ltd Liability Co has 0.01% invested in DSW Inc. (NYSE:DSW). Peak6 Invests Limited Partnership holds 0% or 31,871 shares in its portfolio. Tower Rech Capital Llc (Trc) owns 0% invested in DSW Inc. (NYSE:DSW) for 100 shares. Sit Investment Associate has 0% invested in DSW Inc. (NYSE:DSW). Mason Street Advisors Llc holds 0.01% or 18,795 shares in its portfolio. 999 are held by Northwestern Mutual Wealth Mngmt Co. Ls Inv Advisors Ltd has invested 0% in DSW Inc. (NYSE:DSW). Sei Investments invested in 76,283 shares. Brown Advisory owns 1.08 million shares.

DSW Inc., together with its subsidiaries, operates as a branded footwear and accessories retailer in the United States. The company has market cap of $2.04 billion. The firm operates through two divisions, DSW and Affiliated Business Group. It has a 30.89 P/E ratio. The firm offers dresses, casual and athletic footwear, and accessories under various brands for women, men, and kids.

More important recent Welbilt, Inc. (NYSE:WBT) news were published by: Businesswire.com which released: “Welbilt Unlocks Kitchen Potential with KitchenConnect®” on May 19, 2018, also Seekingalpha.com published article titled: “Welbilt’s (WBT) CEO Hubertus Muehlhaeuser on Q1 2018 Results – Earnings Call Transcript”, Streetinsider.com published: “Welbilt (WBT) Tops Q1 EPS by 4c, Beats on Revenues; Offers FY18 EPS Mid-Point Guidance Below Consensus” on May 07, 2018. More interesting news about Welbilt, Inc. (NYSE:WBT) was released by: Streetinsider.com and their article: “Carl Icahn Confirms Stake in Newell Rubbermaid (NWL) (more…) – 13F” with publication date: May 15, 2018.

DSW Inc. (NYSE:DSW) Institutional Positions Chart

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