Regal Investment Advisors LLC reduced its stake in Williams-Sonoma, Inc. (NYSE:WSM) by 10.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 40,446 shares of the specialty retailer’s stock after selling 4,625 shares during the quarter. Regal Investment Advisors LLC’s holdings in Williams-Sonoma were worth $1,962,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of WSM. Capital Fund Management S.A. grew its stake in shares of Williams-Sonoma by 144.8% during the 2nd quarter. Capital Fund Management S.A. now owns 169,925 shares of the specialty retailer’s stock worth $8,241,000 after purchasing an additional 100,520 shares during the period. Alliancebernstein L.P. grew its stake in Williams-Sonoma by 2.1% in the 2nd quarter. Alliancebernstein L.P. now owns 68,097 shares of the specialty retailer’s stock valued at $3,303,000 after acquiring an additional 1,430 shares during the period. Kiltearn Partners LLP acquired a new stake in Williams-Sonoma in the 2nd quarter valued at $38,846,000. AXA acquired a new stake in Williams-Sonoma in the 2nd quarter valued at $1,232,000. Finally, Systematic Financial Management LP grew its stake in Williams-Sonoma by 99.0% in the 2nd quarter. Systematic Financial Management LP now owns 316,889 shares of the specialty retailer’s stock valued at $15,369,000 after acquiring an additional 157,687 shares during the period. 97.89% of the stock is owned by institutional investors.
Williams-Sonoma, Inc. (NYSE WSM) traded up 1.32% during mid-day trading on Friday, hitting $49.09. The company had a trading volume of 1,891,167 shares. Williams-Sonoma, Inc. has a one year low of $42.68 and a one year high of $56.94. The company’s 50 day moving average price is $46.10 and its 200-day moving average price is $48.82. The company has a market cap of $4.18 billion, a PE ratio of 14.10 and a beta of 0.85.
Williams-Sonoma (NYSE:WSM) last announced its quarterly earnings data on Wednesday, August 23rd. The specialty retailer reported $0.61 EPS for the quarter, beating the Zacks’ consensus estimate of $0.59 by $0.02. The firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.20 billion. Williams-Sonoma had a return on equity of 25.43% and a net margin of 5.96%. The business’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period last year, the company earned $0.58 EPS. Equities research analysts anticipate that Williams-Sonoma, Inc. will post $3.59 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 22nd. Stockholders of record on Friday, October 27th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.18%. Williams-Sonoma’s dividend payout ratio (DPR) is currently 44.96%.
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Several analysts recently issued reports on WSM shares. BidaskClub lowered shares of Williams-Sonoma from a “hold” rating to a “sell” rating in a report on Wednesday, June 21st. Credit Suisse Group reiterated a “hold” rating and set a $44.00 price target on shares of Williams-Sonoma in a research note on Tuesday, May 23rd. Jefferies Group LLC reiterated a “hold” rating and set a $54.00 price target on shares of Williams-Sonoma in a research note on Thursday, May 25th. Telsey Advisory Group boosted their price target on shares of Williams-Sonoma from $51.00 to $57.00 and gave the stock a “market perform” rating in a research note on Thursday, May 25th. Finally, ValuEngine lowered shares of Williams-Sonoma from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Four investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating and six have assigned a buy rating to the stock. Williams-Sonoma has an average rating of “Hold” and a consensus price target of $51.65.
Williams-Sonoma Company Profile
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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