New York State Teachers Retirement System decreased its holdings in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 3.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 137,906 shares of the specialty retailer’s stock after selling 5,200 shares during the quarter. New York State Teachers Retirement System owned about 0.16% of Williams-Sonoma worth $6,876,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Vision Capital Management Inc. lifted its position in shares of Williams-Sonoma by 0.3% in the 2nd quarter. Vision Capital Management Inc. now owns 18,599 shares of the specialty retailer’s stock worth $902,000 after acquiring an additional 47 shares during the period. US Bancorp DE lifted its position in shares of Williams-Sonoma by 0.4% in the 2nd quarter. US Bancorp DE now owns 21,313 shares of the specialty retailer’s stock worth $1,033,000 after acquiring an additional 82 shares during the period. State Treasurer State of Michigan lifted its position in shares of Williams-Sonoma by 0.3% during the 2nd quarter. State Treasurer State of Michigan now owns 32,900 shares of the specialty retailer’s stock worth $1,596,000 after buying an additional 100 shares during the period. Cribstone Capital Management LLC lifted its position in shares of Williams-Sonoma by 0.6% during the 2nd quarter. Cribstone Capital Management LLC now owns 22,609 shares of the specialty retailer’s stock worth $1,097,000 after buying an additional 130 shares during the period. Finally, Great West Life Assurance Co. Can lifted its position in shares of Williams-Sonoma by 0.3% during the 2nd quarter. Great West Life Assurance Co. Can now owns 48,421 shares of the specialty retailer’s stock worth $2,346,000 after buying an additional 158 shares during the period. Hedge funds and other institutional investors own 98.23% of the company’s stock.

Williams-Sonoma, Inc. (WSM) opened at $48.96 on Friday. Williams-Sonoma, Inc. has a 12-month low of $42.68 and a 12-month high of $56.94. The stock has a market capitalization of $4,141.92, a price-to-earnings ratio of 13.96, a PEG ratio of 1.03 and a beta of 0.91.

Williams-Sonoma (NYSE:WSM) last posted its earnings results on Wednesday, August 23rd. The specialty retailer reported $0.61 earnings per share for the quarter, topping the Thomson Reuters’ 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 company’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.58 earnings per share. equities analysts forecast that Williams-Sonoma, Inc. will post 3.59 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 22nd. Shareholders of record on Friday, October 27th will be issued a dividend of $0.39 per share. The ex-dividend date is Thursday, October 26th. This represents a $1.56 annualized dividend and a yield of 3.19%. Williams-Sonoma’s dividend payout ratio is presently 44.96%.

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WSM has been the subject of several analyst reports. TheStreet upgraded Williams-Sonoma from a “c+” rating to a “b-” rating in a research report on Monday, October 9th. Zacks Investment Research upgraded Williams-Sonoma from a “hold” rating to a “buy” rating and set a $48.00 target price for the company in a research report on Thursday, August 24th. Goldman Sachs Group, Inc. (The) cut their target price on Williams-Sonoma from $58.00 to $57.00 and set a “buy” rating for the company in a research report on Thursday, August 24th. SunTrust Banks, Inc. restated a “buy” rating and set a $62.00 target price on shares of Williams-Sonoma in a research report on Tuesday, October 17th. Finally, Morgan Stanley cut their target price on Williams-Sonoma from $50.00 to $48.00 and set an “equal weight” rating for the company in a research report on Thursday, August 24th. Five investment analysts have rated the stock with a sell rating, eighteen have given a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $52.18.

About Williams-Sonoma

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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Institutional Ownership by Quarter for Williams-Sonoma (NYSE:WSM)

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