Williams-Sonoma, Inc. (WSM) Shares Bought by Afam Capital Inc.

Afam Capital Inc. boosted its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 25.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,804 shares of the specialty retailer’s stock after buying an additional 5,770 shares during the quarter. Afam Capital Inc.’s holdings in Williams-Sonoma were worth $1,397,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in WSM. BlackRock Inc. boosted its stake in Williams-Sonoma by 11,148.3% during the first quarter. BlackRock Inc. now owns 9,128,342 shares of the specialty retailer’s stock worth $489,461,000 after buying an additional 9,047,189 shares during the period. Janus Henderson Group PLC boosted its stake in Williams-Sonoma by 1,109.6% during the second quarter. Janus Henderson Group PLC now owns 3,517,415 shares of the specialty retailer’s stock worth $170,595,000 after buying an additional 3,226,625 shares during the period. FMR LLC boosted its stake in Williams-Sonoma by 115.4% during the second quarter. FMR LLC now owns 2,678,423 shares of the specialty retailer’s stock worth $129,904,000 after buying an additional 1,435,014 shares during the period. Kiltearn Partners LLP purchased a new position in Williams-Sonoma during the second quarter worth about $38,846,000. Finally, Vanguard Group Inc. boosted its stake in Williams-Sonoma by 8.3% during the first quarter. Vanguard Group Inc. now owns 6,617,537 shares of the specialty retailer’s stock worth $354,832,000 after buying an additional 506,305 shares during the period. 97.92% of the stock is owned by institutional investors.

COPYRIGHT VIOLATION WARNING: “Williams-Sonoma, Inc. (WSM) Shares Bought by Afam Capital Inc.” was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this article on another website, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The legal version of this article can be accessed at https://ledgergazette.com/2017/10/16/williams-sonoma-inc-wsm-shares-bought-by-afam-capital-inc.html.

Williams-Sonoma, Inc. (NYSE:WSM) traded down 0.76% during mid-day trading on Monday, reaching $49.62. 220,476 shares of the company’s stock were exchanged. Williams-Sonoma, Inc. has a 52 week low of $42.68 and a 52 week high of $56.94. The company has a market capitalization of $4.22 billion, a P/E ratio of 14.25 and a beta of 0.85. The company’s 50 day moving average price is $48.77 and its 200-day moving average price is $48.97.

Williams-Sonoma (NYSE:WSM) last released its quarterly earnings results on Wednesday, August 23rd. The specialty retailer reported $0.61 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.02. The firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Williams-Sonoma had a return on equity of 25.43% and a net margin of 5.96%. Williams-Sonoma’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.58 EPS. On average, equities research analysts expect that Williams-Sonoma, Inc. will post $3.60 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 22nd. Shareholders of record on Friday, October 27th will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 3.12%. The ex-dividend date of this dividend is Thursday, October 26th. Williams-Sonoma’s dividend payout ratio is presently 44.96%.

Several research analysts have weighed in on the stock. TheStreet raised shares of Williams-Sonoma from a “c+” rating to a “b-” rating in a research note on Monday, October 9th. Zacks Investment Research lowered shares of Williams-Sonoma from a “buy” rating to a “hold” rating in a research note on Friday. Stifel Nicolaus assumed coverage on shares of Williams-Sonoma in a research note on Thursday. They set a “hold” rating and a $54.00 target price for the company. Jefferies Group LLC reaffirmed a “hold” rating and set a $49.00 target price on shares of Williams-Sonoma in a research note on Thursday, September 28th. Finally, Royal Bank Of Canada increased their target price on shares of Williams-Sonoma from $49.00 to $50.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 24th. Five equities research analysts have rated the stock with a sell rating, eighteen have given a hold rating and six have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $52.18.

About Williams-Sonoma

Williams-Sonoma, Inc is a multi-chan

A number of other hedge funds also recently made changes to their positions in WSM. BlackRock Inc. boosted its stake in Williams-Sonoma by 11,148.3% during the first quarter. BlackRock Inc. now owns 9,128,342 shares of the specialty retailer’s stock worth $489,461,000 after buying an additional 9,047,189 shares during the period. Janus Henderson Group PLC boosted its stake in Williams-Sonoma by 1,109.6% during the second quarter. Janus Henderson Group PLC now owns 3,517,415 shares of the specialty retailer’s stock worth $170,595,000 after buying an additional 3,226,625 shares during the period. FMR LLC boosted its stake in Williams-Sonoma by 115.4% during the second quarter. FMR LLC now owns 2,678,423 shares of the specialty retailer’s stock worth $129,904,000 after buying an additional 1,435,014 shares during the period. Kiltearn Partners LLP purchased a new position in Williams-Sonoma during the second quarter worth about $38,846,000. Finally, Vanguard Group Inc. boosted its stake in Williams-Sonoma by 8.3% during the first quarter. Vanguard Group Inc. now owns 6,617,537 shares of the specialty retailer’s stock worth $354,832,000 after buying an additional 506,305 shares during the period. 97.92% of the stock is owned by institutional investors.

COPYRIGHT VIOLATION WARNING: “Williams-Sonoma, Inc. (WSM) Shares Bought by Afam Capital Inc.” was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this article on another website, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The legal version of this article can be accessed at https://ledgergazette.com/2017/10/16/williams-sonoma-inc-wsm-shares-bought-by-afam-capital-inc.html.

Williams-Sonoma, Inc. (NYSE:WSM) traded down 0.76% during mid-day trading on Monday, reaching $49.62. 220,476 shares of the company’s stock were exchanged. Williams-Sonoma, Inc. has a 52 week low of $42.68 and a 52 week high of $56.94. The company has a market capitalization of $4.22 billion, a P/E ratio of 14.25 and a beta of 0.85. The company’s 50 day moving average price is $48.77 and its 200-day moving average price is $48.97.

Williams-Sonoma (NYSE:WSM) last released its quarterly earnings results on Wednesday, August 23rd. The specialty retailer reported $0.61 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.02. The firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Williams-Sonoma had a return on equity of 25.43% and a net margin of 5.96%. Williams-Sonoma’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.58 EPS. On average, equities research analysts expect that Williams-Sonoma, Inc. will post $3.60 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 22nd. Shareholders of record on Friday, October 27th will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 3.12%. The ex-dividend date of this dividend is Thursday, October 26th. Williams-Sonoma’s dividend payout ratio is presently 44.96%.

Several research analysts have weighed in on the stock. TheStreet raised shares of Williams-Sonoma from a “c+” rating to a “b-” rating in a research note on Monday, October 9th. Zacks Investment Research lowered shares of Williams-Sonoma from a “buy” rating to a “hold” rating in a research note on Friday. Stifel Nicolaus assumed coverage on shares of Williams-Sonoma in a research note on Thursday. They set a “hold” rating and a $54.00 target price for the company. Jefferies Group LLC reaffirmed a “hold” rating and set a $49.00 target price on shares of Williams-Sonoma in a research note on Thursday, September 28th. Finally, Royal Bank Of Canada increased their target price on shares of Williams-Sonoma from $49.00 to $50.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 24th. Five equities research analysts have rated the stock with a sell rating, eighteen have given a hold rating and six have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $52.18.

About Williams-Sonoma

Williams-Sonoma, Inc is a multi-channel specialty retailer of products for the home. The Company operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom. It operates through two segments: e-commerce and retail. The e-commerce segment has various merchandising strategies, such as Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation and Mark and Graham, which sell its products through the Company’s e-commerce Websites and direct-mail catalogs.

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Institutional Ownership by Quarter for Williams-Sonoma (NYSE:WSM)

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