Landscape Capital Management L.L.C. acquired a new position in shares of Williams-Sonoma, Inc. (NYSE:WSM) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 18,760 shares of the specialty retailer’s stock, valued at approximately $970,000.
Several other hedge funds also recently made changes to their positions in WSM. First Long Island Investors LLC boosted its holdings in Williams-Sonoma by 0.4% in the fourth quarter. First Long Island Investors LLC now owns 238,382 shares of the specialty retailer’s stock worth $12,324,000 after purchasing an additional 992 shares during the period. Ironwood Investment Management LLC lifted its stake in Williams-Sonoma by 11.1% in the fourth quarter. Ironwood Investment Management LLC now owns 10,739 shares of the specialty retailer’s stock valued at $555,000 after buying an additional 1,075 shares during the last quarter. Hutchinson Capital Management CA lifted its stake in Williams-Sonoma by 0.3% in the fourth quarter. Hutchinson Capital Management CA now owns 355,512 shares of the specialty retailer’s stock valued at $18,380,000 after buying an additional 1,163 shares during the last quarter. Pacer Advisors Inc. lifted its stake in Williams-Sonoma by 11.1% in the third quarter. Pacer Advisors Inc. now owns 12,791 shares of the specialty retailer’s stock valued at $638,000 after buying an additional 1,281 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its stake in Williams-Sonoma by 0.4% in the third quarter. Principal Financial Group Inc. now owns 343,847 shares of the specialty retailer’s stock valued at $17,144,000 after buying an additional 1,289 shares during the last quarter.
A number of research firms have issued reports on WSM. Goldman Sachs Group cut Williams-Sonoma from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 16th. Zacks Investment Research cut shares of Williams-Sonoma from a “hold” rating to a “sell” rating in a research report on Saturday, January 13th. JPMorgan Chase & Co. cut Williams-Sonoma from an “overweight” rating to an “underweight” rating and set a $46.00 price target on the stock. in a research note on Friday, November 17th. Bank of America lowered their target price on Williams-Sonoma from $40.00 to $38.00 and set an “underperform” rating on the stock in a research note on Friday, November 17th. Finally, Gordon Haskett cut Williams-Sonoma from a “hold” rating to a “reduce” rating in a research note on Friday, November 17th. Six investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and three have given a buy rating to the company’s stock. Williams-Sonoma presently has a consensus rating of “Hold” and an average price target of $51.20.
Williams-Sonoma, Inc. (NYSE:WSM) traded up $0.97 during midday trading on Wednesday, hitting $53.70. The stock had a trading volume of 4,490,000 shares, compared to its average volume of 1,730,000. The firm has a market capitalization of $4,520.00, a price-to-earnings ratio of 15.21, a P/E/G ratio of 1.31 and a beta of 0.82. Williams-Sonoma, Inc. has a 52 week low of $42.68 and a 52 week high of $55.89.
Williams-Sonoma (NYSE:WSM) last released its quarterly earnings results on Tuesday, March 13th. The specialty retailer reported $1.68 EPS for the quarter, topping the Zacks’ consensus estimate of $1.61 by $0.07. The company had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.65 billion. Williams-Sonoma had a return on equity of 25.45% and a net margin of 5.94%. Williams-Sonoma’s revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.55 earnings per share. sell-side analysts expect that Williams-Sonoma, Inc. will post 3.55 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, May 25th. Shareholders of record on Friday, April 27th will be paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 3.20%. This is an increase from Williams-Sonoma’s previous quarterly dividend of $0.39. Williams-Sonoma’s dividend payout ratio (DPR) is currently 44.19%.
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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