Blackhill Capital Inc. raised its holdings in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 0.3% during the 4th quarter, HoldingsChannel reports. The fund owned 4,061,332 shares of the specialty retailer’s stock after purchasing an additional 13,431 shares during the period. Williams-Sonoma accounts for approximately 37.9% of Blackhill Capital Inc.’s portfolio, making the stock its biggest holding. Blackhill Capital Inc.’s holdings in Williams-Sonoma were worth $209,971,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Ffcm LLC purchased a new position in Williams-Sonoma during the 3rd quarter valued at about $125,000. Private Trust Co. NA purchased a new position in Williams-Sonoma during the 4th quarter valued at about $203,000. Koch Industries Inc. purchased a new position in Williams-Sonoma during the 2nd quarter valued at about $207,000. High Falls Advisors Inc grew its stake in Williams-Sonoma by 7.7% during the 2nd quarter. High Falls Advisors Inc now owns 4,343 shares of the specialty retailer’s stock valued at $211,000 after acquiring an additional 312 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Williams-Sonoma by 49.1% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,340 shares of the specialty retailer’s stock valued at $224,000 after acquiring an additional 1,429 shares in the last quarter. 96.62% of the stock is currently owned by institutional investors.

Shares of Williams-Sonoma, Inc. (WSM) opened at $49.13 on Tuesday. Williams-Sonoma, Inc. has a 12 month low of $42.68 and a 12 month high of $55.89. The company has a market capitalization of $4,140.00, a P/E ratio of 13.92, a P/E/G ratio of 1.25 and a beta of 0.87.

Williams-Sonoma (NYSE:WSM) last posted its earnings results on Thursday, November 16th. The specialty retailer reported $0.84 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.84. Williams-Sonoma had a return on equity of 25.45% and a net margin of 5.94%. The firm had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same period in the previous year, the company earned $0.78 EPS. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. equities analysts anticipate that Williams-Sonoma, Inc. will post 3.55 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, February 23rd. Investors of record on Thursday, January 25th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Wednesday, January 24th. This represents a $1.56 annualized dividend and a yield of 3.18%. Williams-Sonoma’s dividend payout ratio (DPR) is currently 44.19%.

Several equities analysts have weighed in on the company. Zacks Investment Research raised Williams-Sonoma from a “hold” rating to a “buy” rating and set a $57.00 target price on the stock in a research note on Saturday. Goldman Sachs Group cut Williams-Sonoma from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 16th. Moffett Nathanson assumed coverage on Williams-Sonoma in a research note on Monday, December 4th. They set a “neutral” rating on the stock. Jefferies Group reaffirmed a “hold” rating on shares of Williams-Sonoma in a research note on Sunday, November 19th. Finally, Bank of America lowered their price target on Williams-Sonoma from $40.00 to $38.00 and set an “underperform” rating for the company in a research note on Friday, November 17th. Six research analysts have rated the stock with a sell rating, eighteen have given a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $51.20.

TRADEMARK VIOLATION WARNING: “Blackhill Capital Inc. Grows Holdings in Williams-Sonoma, Inc. (WSM)” was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this article on another domain, it was illegally copied and republished in violation of United States & international copyright and trademark legislation. The correct version of this article can be read at https://www.thecerbatgem.com/2018/02/06/blackhill-capital-inc-grows-holdings-in-williams-sonoma-inc-wsm.html.

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.

Want to see what other hedge funds are holding WSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Williams-Sonoma, Inc. (NYSE:WSM).

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

Receive News & Ratings for Williams-Sonoma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams-Sonoma and related companies with MarketBeat.com's FREE daily email newsletter.