3,300 Shares in Williams-Sonoma, Inc. (WSM) Acquired by Rational Advisors LLC
Rational Advisors LLC acquired a new position in Williams-Sonoma, Inc. (NYSE:WSM) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 3,300 shares of the specialty retailer’s stock, valued at approximately $171,000.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in WSM. Parametric Portfolio Associates LLC increased its holdings in Williams-Sonoma by 5.6% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 155,470 shares of the specialty retailer’s stock worth $7,540,000 after buying an additional 8,254 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Williams-Sonoma by 17.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,129,726 shares of the specialty retailer’s stock worth $54,793,000 after buying an additional 170,318 shares in the last quarter. State Street Corp increased its holdings in Williams-Sonoma by 0.9% in the 2nd quarter. State Street Corp now owns 3,243,158 shares of the specialty retailer’s stock worth $157,297,000 after buying an additional 28,837 shares in the last quarter. Cubist Systematic Strategies LLC bought a new stake in Williams-Sonoma in the 2nd quarter worth about $293,000. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in Williams-Sonoma by 39.4% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 8,758 shares of the specialty retailer’s stock worth $425,000 after buying an additional 2,476 shares in the last quarter.
WSM has been the subject of several research analyst reports. Zacks Investment Research upgraded Williams-Sonoma from a “hold” rating to a “buy” rating and set a $57.00 price objective for the company in a report on Saturday, February 3rd. Morgan Stanley started coverage on Williams-Sonoma in a research note on Friday, November 17th. They set a “hold” rating and a $48.00 price target for the company. Oppenheimer restated a “hold” rating on shares of Williams-Sonoma in a research note on Friday, November 17th. Robert W. Baird set a $48.00 price target on Williams-Sonoma and gave the company a “hold” rating in a research note on Tuesday, October 31st. Finally, Jefferies Group restated a “hold” rating on shares of Williams-Sonoma in a research note on Sunday, November 19th. Six equities research analysts have rated the stock with a sell rating, eighteen have given a hold rating and three have assigned a buy rating to the company’s stock. Williams-Sonoma has an average rating of “Hold” and a consensus target price of $51.20.
Williams-Sonoma (NYSE:WSM) last announced its quarterly earnings data on Thursday, November 16th. The specialty retailer reported $0.84 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.84. The company had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.29 billion. Williams-Sonoma had a return on equity of 25.45% and a net margin of 5.94%. The firm’s revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.78 EPS. equities analysts expect that Williams-Sonoma, Inc. will post 3.55 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 23rd. Investors of record on Thursday, January 25th will be paid a dividend of $0.39 per share. The ex-dividend date is Wednesday, January 24th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.86%. Williams-Sonoma’s dividend payout ratio (DPR) is presently 44.19%.
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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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