Williams-Sonoma, Inc. (NYSE:WSM)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $75.86 and last traded at $75.52, with a volume of 2086 shares traded. The stock had previously closed at $75.52.

WSM has been the topic of several recent analyst reports. Zacks Investment Research upgraded Williams-Sonoma from a “hold” rating to a “buy” rating and set a $69.00 price target on the stock in a research note on Monday, September 23rd. ValuEngine cut Williams-Sonoma from a “hold” rating to a “sell” rating in a research note on Saturday, November 23rd. Wolfe Research initiated coverage on Williams-Sonoma in a research note on Tuesday, October 8th. They issued a “hold” rating and a $76.00 price target on the stock. Wedbush reiterated a “hold” rating and issued a $67.00 price target on shares of Williams-Sonoma in a research note on Friday, November 22nd. Finally, Barclays initiated coverage on Williams-Sonoma in a research note on Tuesday, November 12th. They issued an “overweight” rating and a $77.00 price target on the stock. Four research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $67.41.

The company has a current ratio of 1.29, a quick ratio of 0.31 and a debt-to-equity ratio of 1.26. The business has a 50-day moving average price of $71.65 and a two-hundred day moving average price of $68.08. The firm has a market capitalization of $5.76 billion, a price-to-earnings ratio of 16.99, a PEG ratio of 1.65 and a beta of 0.87.

Williams-Sonoma (NYSE:WSM) last announced its quarterly earnings results on Thursday, November 21st. The specialty retailer reported $1.02 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.02. The business had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.41 billion. Williams-Sonoma had a return on equity of 33.81% and a net margin of 5.86%. The business’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.95 EPS. On average, equities research analysts predict that Williams-Sonoma, Inc. will post 4.74 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, January 24th will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.53%. The ex-dividend date is Thursday, January 23rd. Williams-Sonoma’s payout ratio is 43.05%.

In other news, CEO Laura Alber sold 15,000 shares of the stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $69.70, for a total transaction of $1,045,500.00. Following the sale, the chief executive officer now directly owns 399,531 shares in the company, valued at approximately $27,847,310.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.30% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently modified their holdings of the stock. Balyasny Asset Management LLC purchased a new stake in shares of Williams-Sonoma during the second quarter worth $39,062,000. Nuveen Asset Management LLC grew its position in shares of Williams-Sonoma by 896.2% in the second quarter. Nuveen Asset Management LLC now owns 640,031 shares of the specialty retailer’s stock valued at $41,602,000 after purchasing an additional 575,781 shares during the last quarter. Squarepoint Ops LLC grew its position in shares of Williams-Sonoma by 159.9% in the third quarter. Squarepoint Ops LLC now owns 397,219 shares of the specialty retailer’s stock valued at $27,003,000 after purchasing an additional 244,356 shares during the last quarter. AXA grew its position in shares of Williams-Sonoma by 1,415.6% in the second quarter. AXA now owns 242,500 shares of the specialty retailer’s stock valued at $15,763,000 after purchasing an additional 226,500 shares during the last quarter. Finally, AQR Capital Management LLC grew its position in shares of Williams-Sonoma by 12.6% in the second quarter. AQR Capital Management LLC now owns 1,862,568 shares of the specialty retailer’s stock valued at $121,067,000 after purchasing an additional 208,977 shares during the last quarter. 99.29% of the stock is owned by institutional investors and hedge funds.

About Williams-Sonoma (NYSE:WSM)

Williams-Sonoma, Inc operates as a multi-channel specialty retailer of various products for home. It operates through two segments, E-commerce and Retail. The company offers cooking, dining, and entertaining products, including cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma brand, as well as home furnishings and decorative accessories under the Williams Sonoma Home brand; and furniture, bedding, bathroom accessories, rugs, curtains, lighting, tabletop, outdoor, and decorative accessories under the Pottery Barn brand.

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