Williams-Sonoma Inc. (NYSE:WSM) was downgraded by equities research analysts at Vetr from a “hold” rating to a “sell” rating in a research report issued on Tuesday. They presently have a $52.53 price objective on the stock. Vetr‘s price objective indicates a potential downside of 4.37% from the stock’s current price.

Several other brokerages have also commented on WSM. Barclays PLC reaffirmed an “underweight” rating and issued a $45.00 price target on shares of Williams-Sonoma in a research note on Friday, August 12th. Telsey Advisory Group reduced their price objective on Williams-Sonoma from $63.00 to $61.00 and set an “outperform” rating on the stock in a research note on Friday. Nomura reissued a “buy” rating and issued a $75.00 price objective on shares of Williams-Sonoma in a research note on Thursday, August 25th. Zacks Investment Research raised Williams-Sonoma from a “hold” rating to a “buy” rating and set a $59.00 price objective on the stock in a research note on Wednesday, August 10th. Finally, Wedbush reissued a “neutral” rating and issued a $53.00 price objective on shares of Williams-Sonoma in a research note on Thursday, August 25th. Four equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $57.16.

Analyst Recommendations for Williams-Sonoma (NYSE:WSM)

Williams-Sonoma (NYSE:WSM) traded up 2.54% on Tuesday, reaching $54.93. The company had a trading volume of 1,729,187 shares. The company has a market capitalization of $4.86 billion, a price-to-earnings ratio of 16.45 and a beta of 0.84. Williams-Sonoma has a 12 month low of $45.96 and a 12 month high of $65.08. The company’s 50 day moving average price is $49.08 and its 200-day moving average price is $51.52.

Williams-Sonoma (NYSE:WSM) last announced its quarterly earnings results on Thursday, November 17th. The company reported $0.78 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.77 by $0.01. The business had revenue of $1.25 million for the quarter, compared to analyst estimates of $1.26 billion. Williams-Sonoma had a return on equity of 26.59% and a net margin of 5.93%. Williams-Sonoma’s quarterly revenue was up 1.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.77 EPS. On average, equities analysts predict that Williams-Sonoma will post $3.46 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 23rd. Stockholders of record on Thursday, October 27th will be given a $0.37 dividend. The ex-dividend date is Tuesday, October 25th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.69%. Williams-Sonoma’s payout ratio is 44.18%.

In other news, insider Janet Hayes sold 15,027 shares of the stock in a transaction that occurred on Friday, September 23rd. The stock was sold at an average price of $49.74, for a total transaction of $747,442.98. Following the transaction, the insider now owns 32,776 shares in the company, valued at $1,630,278.24. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Laura Alber sold 80,000 shares of the stock in a transaction that occurred on Monday, August 29th. The stock was sold at an average price of $53.19, for a total value of $4,255,200.00. Following the transaction, the chief executive officer now owns 307,860 shares in the company, valued at approximately $16,375,073.40. The disclosure for this sale can be found here. 2.20% of the stock is owned by insiders.

Several institutional investors have recently made changes to their positions in the company. Acrospire Investment Management LLC raised its position in shares of Williams-Sonoma by 100.0% in the second quarter. Acrospire Investment Management LLC now owns 2,000 shares of the company’s stock worth $104,000 after buying an additional 1,000 shares during the period. Advisory Services Network LLC raised its position in shares of Williams-Sonoma by 12.7% in the third quarter. Advisory Services Network LLC now owns 2,091 shares of the company’s stock worth $107,000 after buying an additional 236 shares during the period. D.A. Davidson & CO. raised its position in shares of Williams-Sonoma by 58.1% in the third quarter. D.A. Davidson & CO. now owns 2,286 shares of the company’s stock worth $115,000 after buying an additional 840 shares during the period. NEXT Financial Group Inc raised its position in shares of Williams-Sonoma by 63.2% in the second quarter. NEXT Financial Group Inc now owns 2,840 shares of the company’s stock worth $148,000 after buying an additional 1,100 shares during the period. Finally, Toronto Dominion Bank purchased a new position in shares of Williams-Sonoma during the second quarter worth $157,000. Institutional investors own 98.91% of the company’s stock.

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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.

5 Day Chart for NYSE:WSM

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