Williams-Sonoma, Inc. (NYSE:WSM) Stake Lifted by Capital Advisors Ltd. LLC

Capital Advisors Ltd. LLC increased its stake in Williams-Sonoma, Inc. (NYSE:WSM) by 100.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 816 shares of the specialty retailer’s stock after acquiring an additional 408 shares during the period. Capital Advisors Ltd. LLC’s holdings in Williams-Sonoma were worth $126,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in WSM. Quest Partners LLC bought a new position in shares of Williams-Sonoma in the second quarter valued at approximately $26,000. Crewe Advisors LLC bought a new position in shares of Williams-Sonoma in the second quarter valued at approximately $29,000. EntryPoint Capital LLC boosted its holdings in shares of Williams-Sonoma by 520.0% in the first quarter. EntryPoint Capital LLC now owns 93 shares of the specialty retailer’s stock valued at $30,000 after acquiring an additional 78 shares in the last quarter. Clean Yield Group acquired a new stake in Williams-Sonoma during the third quarter valued at approximately $30,000. Finally, Hobbs Group Advisors LLC acquired a new stake in Williams-Sonoma during the second quarter valued at approximately $33,000. 99.29% of the stock is currently owned by institutional investors.

Williams-Sonoma Stock Performance

Williams-Sonoma stock opened at $134.76 on Monday. The firm has a market cap of $17.03 billion, a PE ratio of 16.19, a P/E/G ratio of 2.65 and a beta of 1.74. The firm’s 50 day moving average price is $142.20 and its two-hundred day moving average price is $145.63. Williams-Sonoma, Inc. has a twelve month low of $71.56 and a twelve month high of $174.26.

Williams-Sonoma (NYSE:WSM) last announced its quarterly earnings results on Thursday, August 22nd. The specialty retailer reported $1.74 EPS for the quarter, topping the consensus estimate of $1.61 by $0.13. Williams-Sonoma had a net margin of 14.29% and a return on equity of 51.57%. The company had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the prior year, the business posted $1.56 EPS. Williams-Sonoma’s quarterly revenue was down 4.0% on a year-over-year basis. Equities analysts anticipate that Williams-Sonoma, Inc. will post 7.99 EPS for the current fiscal year.

Williams-Sonoma Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Friday, October 18th will be paid a $0.57 dividend. The ex-dividend date of this dividend is Friday, October 18th. This represents a $2.28 dividend on an annualized basis and a yield of 1.69%. Williams-Sonoma’s payout ratio is presently 27.39%.

Insider Activity at Williams-Sonoma

In related news, CEO Laura Alber sold 40,000 shares of the firm’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $145.27, for a total value of $5,810,800.00. Following the transaction, the chief executive officer now directly owns 1,030,956 shares in the company, valued at approximately $149,766,978.12. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. In related news, CEO Laura Alber sold 40,000 shares of the firm’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $145.27, for a total value of $5,810,800.00. Following the transaction, the chief executive officer now directly owns 1,030,956 shares in the company, valued at approximately $149,766,978.12. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Karalyn Smith sold 11,100 shares of the firm’s stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of $134.66, for a total transaction of $1,494,726.00. Following the completion of the transaction, the executive vice president now owns 15,150 shares in the company, valued at $2,040,099. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on WSM. Telsey Advisory Group reissued an “outperform” rating and set a $165.00 target price on shares of Williams-Sonoma in a research note on Friday, October 11th. TD Cowen increased their target price on shares of Williams-Sonoma from $150.00 to $160.00 and gave the company a “buy” rating in a research note on Monday, September 16th. Evercore ISI cut their target price on shares of Williams-Sonoma from $155.00 to $135.00 and set an “in-line” rating for the company in a research note on Wednesday, August 7th. Robert W. Baird cut their target price on shares of Williams-Sonoma from $150.00 to $140.00 and set a “neutral” rating for the company in a research note on Friday, August 23rd. Finally, Wedbush cut their target price on shares of Williams-Sonoma from $175.00 to $150.00 and set an “outperform” rating for the company in a research note on Friday, August 23rd. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $140.83.

Williams-Sonoma Profile

Williams-Sonoma, Inc operates as an omni-channel specialty retailer of various products for home. It offers cooking, dining, and entertaining products, such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma Home brand, as well as home furnishings and decorative accessories under the Williams Sonoma lifestyle brand; and furniture, bedding, lighting, rugs, table essentials, and decorative accessories under the Pottery Barn brand.