Steve Madden (SHOO) Receives $49.25 Average PT from Brokerages

Us Fincl Bank De, Minnesota-based fund reported 6,022 shares. Russell Investments Group Ltd. now owns 61,683 shares of the textile maker`s stock worth $2,671,000 after purchasing an additional 3,856 shares during the last quarter. (NASDAQ:IPGP) is decreased by 38,985 shares to 64,750 shares. The company`s stock declined 7.53% with the market as Neumeier Poma Investment Counsel Llc bought 130,035 shares. It has outperformed by 18.96% the S&P500. Kitov Pharma Ltd (NASDAQ:KTOV) has risen 18.72% since May 7, 2017 and is uptrending. SHOO`s SI was 1.94 million shares in May as released by FINRA. Apg Asset Management Nv has 0.01% invested in Steven Madden, Ltd. (NASDAQ:SHOO) for 176,000 shares. With 513,900 avg volume, 4 days are for Steven Madden LTD. (NASDAQ:SHOO)`s short sellers to cover SHOO`s short positions.

During the same quarter last year, the firm earned $0.47 EPS. equities research analysts forecast that Steve Madden will post 2.7 earnings per share for the current fiscal year. About 107,862 shares traded. On Thursday, January 11 Wells Fargo maintained Steven Madden, Ltd. (NASDAQ:SHOO) with “Hold” rating. SHOO outperformed the S&P500 by 1.61%. Fmr Ltd Liability Co accumulated 2.84M shs. For a total of 298,095 shares it reduced its holding in Maximus Inc.

The stock of Steven Madden, Ltd. (NASDAQ:SHOO) earned “Hold” rating by Jefferies on Wednesday, June 14. Therefore 50% are positive. The rating was maintained by Susquehanna with “Buy” on Tuesday, January 23. Finally, BidaskClub upgraded shares of Steve Madden from a “hold” rating to a “buy” rating in a research report on Saturday, April 7th. They now have a “buy” rating on the stock. On Wednesday, April 18 the company was reinitiated by Citigroup. The firm has “Buy” rating given on Tuesday, October 10 by J.P. Morgan. FBR Capital has “Buy” rating and $5500 target. The firm has “Hold” rating by KeyBanc Capital Markets given on Wednesday, September 6.

Another recent and important Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) news was published by Fool.com which published an article titled: “Will Apple Use TSMC`s 7-Nano Plus Tech in 2019?” on April 30, 2018.

Since January 1, 0001, it had 0 insider purchases, and 3 selling transactions for $2.00 million activity.

In related news, CEO Edward R. Rosenfeld sold 33,000 shares of the company`s stock in a transaction on Friday, March 16th. Another trade for 4,000 shares valued at $192,320 was made by Frieders Karla on Thursday, April 26.

Steve Madden (NASDAQ:SHOO) has received an average rating of “Buy” from the fourteen ratings firms that are covering the stock, MarketBeat.com reports. 19 are the (NASDAQ:SHOO)`s ratings reports on 3 May 2018 according to StockzIntelligence Inc.Canaccord Genuity set a $52.00 price target on shares of Steve Madden and gave the company a “buy” rating in a research report on Monday, April 16th.

2/28/2018 – Steve Madden had its “buy” rating reaffirmed by analysts at B. Riley. In Wednesday, November 29 report Buckingham Research upgraded it to “Buy” rating and $48 target. The stock of Steven Madden, Ltd. (NASDAQ:SHOO) earned “Buy” rating by Citigroup on Tuesday, January 16.

During Q4 2017 the big money sentiment decreased to 1.05. It has change of 0.30, from 2017Q3`s 1.35. The ratio dropped due to SHOO positioning: 27 sold and 65 reduced. 30 funds bought stakes and 67 increased stakes. Moreover, Gam Holdg Ag has 0.02% invested in Steven Madden, Ltd. (NASDAQ:SHOO). Millennium Mgmt Ltd Com holds 492,866 shs or 0.03% of its capital. State Street reported 1.51M shares. The Louisiana-based Louisiana State Employees Retirement Systems has invested 0.05% in Steven Madden, Ltd. (NASDAQ:SHOO). The shares were sold at an average price of $45.82, for a total transaction of $1,512,060.00. 44,633 are held by Manufacturers Life Ins The. Loomis Sayles And Lp accumulated 460,342 shares.

A portfolio of $475.08 million and $998.60 million is managed by Neumeier Poma Investment Counsel Llc. 110,972 are owned by Legal & General Group Public Limited. Zebra Capital Mngmt Llc holds 0.28% in Steven Madden, Ltd. (NASDAQ:SHOO) or 17,395 shares. 40 were reported by Qs Ltd.

Steven Madden, Ltd. designs, sources, markets, and sells fashion-forward name brand and private label footwear for women, men, and children worldwide. $2.80 billion is the MC of Steven Madden Ltd. Its Wholesale Footwear segment provides footwear under the Steve Madden Women`s, Madden Girl, Steve Madden Men`s, Madden, Madden NYC, Dolce Vita, DV by Dolce Vita, Mad Love, Steven by Steve Madden, Report, Superga, Betsey Johnson, Betseyville, Steve Madden Kids, FREEBIRD by Steven, Stevies, B Brian Atwood, Blondo, Kate Spade, and Avec Les Filles brands, as well as private label footwear. It has a 23.38 P/E ratio.

This article provided by NewsEdge.