Williams-Sonoma, Inc. (WSM) Stake Maintained by Alpine Woods Capital Investors LLC
Alpine Woods Capital Investors LLC continued to hold its position in shares of Williams-Sonoma, Inc. (NYSE:WSM) during the second quarter, Holdings Channel reports. The institutional investor owned 14,600 shares of the specialty retailer’s stock at the end of the second quarter. Alpine Woods Capital Investors LLC’s holdings in Williams-Sonoma were worth $708,000 as of its most recent filing with the SEC.
Several other institutional investors also recently made changes to their positions in WSM. Creative Planning boosted its position in shares of Williams-Sonoma by 3.8% in the first quarter. Creative Planning now owns 2,085 shares of the specialty retailer’s stock valued at $112,000 after buying an additional 76 shares in the last quarter. IFP Advisors Inc boosted its position in shares of Williams-Sonoma by 11.5% in the first quarter. IFP Advisors Inc now owns 2,107 shares of the specialty retailer’s stock valued at $113,000 after buying an additional 217 shares in the last quarter. First Interstate Bank boosted its position in shares of Williams-Sonoma by 12.5% in the first quarter. First Interstate Bank now owns 2,250 shares of the specialty retailer’s stock valued at $121,000 after buying an additional 250 shares in the last quarter. Invictus RG bought a new position in shares of Williams-Sonoma during the first quarter valued at about $122,000. Finally, Foresters Investment Management Company Inc. bought a new position in shares of Williams-Sonoma during the first quarter valued at about $134,000. Institutional investors own 95.52% of the company’s stock.
Williams-Sonoma, Inc. (NYSE WSM) opened at 44.68 on Thursday. The company has a market cap of $3.87 billion, a P/E ratio of 13.01 and a beta of 0.89. Williams-Sonoma, Inc. has a 12 month low of $43.96 and a 12 month high of $57.40. The company’s 50-day moving average is $46.15 and its 200-day moving average is $49.08. Williams-Sonoma also was the target of some unusual options trading activity on Monday. Stock traders bought 30,089 put options on the stock. This is an increase of 1,511% compared to the average volume of 1,868 put options.
Williams-Sonoma (NYSE:WSM) last released its quarterly earnings data on Wednesday, May 24th. The specialty retailer reported $0.51 EPS for the quarter, beating the consensus estimate of $0.49 by $0.02. The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.11 billion. Williams-Sonoma had a net margin of 5.99% and a return on equity of 25.51%. The business’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.53 EPS. On average, equities research analysts expect that Williams-Sonoma, Inc. will post $3.56 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 25th. Stockholders of record on Friday, July 21st will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.49%. The ex-dividend date is Wednesday, July 19th. Williams-Sonoma’s dividend payout ratio (DPR) is currently 45.35%.
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A number of equities research analysts have weighed in on WSM shares. Gordon Haskett started coverage on shares of Williams-Sonoma in a report on Tuesday, May 9th. They issued an “accumulate” rating and a $61.00 price objective on the stock. Jefferies Group LLC restated a “hold” rating and issued a $54.00 price objective on shares of Williams-Sonoma in a report on Thursday, May 25th. ValuEngine cut shares of Williams-Sonoma from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Oppenheimer Holdings, Inc. restated a “hold” rating on shares of Williams-Sonoma in a report on Thursday, May 25th. Finally, BidaskClub cut shares of Williams-Sonoma from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Two investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and eight have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $56.68.
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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