Morningstar Investment Services LLC Boosts Holdings in Williams-Sonoma, Inc. (WSM)

Morningstar Investment Services LLC grew its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 6.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 170,604 shares of the specialty retailer’s stock after acquiring an additional 9,994 shares during the quarter. Morningstar Investment Services LLC owned about 0.20% of Williams-Sonoma worth $8,506,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the company. Vision Capital Management Inc. increased its holdings in shares of Williams-Sonoma by 0.3% during the second quarter. Vision Capital Management Inc. now owns 18,599 shares of the specialty retailer’s stock valued at $902,000 after acquiring an additional 47 shares in the last quarter. US Bancorp DE increased its holdings in shares of Williams-Sonoma by 0.4% during the second quarter. US Bancorp DE now owns 21,313 shares of the specialty retailer’s stock valued at $1,033,000 after acquiring an additional 82 shares in the last quarter. State Treasurer State of Michigan increased its holdings in shares of Williams-Sonoma by 0.3% during the second quarter. State Treasurer State of Michigan now owns 32,900 shares of the specialty retailer’s stock valued at $1,596,000 after acquiring an additional 100 shares in the last quarter. Great West Life Assurance Co. Can increased its holdings in shares of Williams-Sonoma by 0.3% during the second quarter. Great West Life Assurance Co. Can now owns 48,421 shares of the specialty retailer’s stock valued at $2,346,000 after acquiring an additional 158 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. increased its holdings in shares of Williams-Sonoma by 7.1% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 3,750 shares of the specialty retailer’s stock valued at $182,000 after acquiring an additional 250 shares in the last quarter. Hedge funds and other institutional investors own 99.33% of the company’s stock.

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Shares of Williams-Sonoma, Inc. (NYSE WSM) traded up $0.69 during trading hours on Friday, reaching $46.28. The company’s stock had a trading volume of 1,866,600 shares, compared to its average volume of 1,718,815. The stock has a market capitalization of $3,909.64, a PE ratio of 13.19, a price-to-earnings-growth ratio of 1.72 and a beta of 0.91. Williams-Sonoma, Inc. has a fifty-two week low of $42.68 and a fifty-two week high of $56.94.

Williams-Sonoma (NYSE:WSM) last announced its earnings results on Thursday, November 16th. The specialty retailer reported $0.84 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.84. The business had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.29 billion. Williams-Sonoma had a return on equity of 25.45% and a net margin of 5.94%. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period last year, the firm posted $0.78 earnings per share. equities analysts expect that Williams-Sonoma, Inc. will post 3.54 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 22nd. Shareholders of record on Friday, October 27th were given a $0.39 dividend. The ex-dividend date of this dividend was Thursday, October 26th. This represents a $1.56 annualized dividend and a yield of 3.37%. Williams-Sonoma’s payout ratio is 44.19%.

Several equities analysts have recently weighed in on the company. Zacks Investment Research upgraded Williams-Sonoma from a “hold” rating to a “buy” rating and set a $50.00 price target for the company in a report on Wednesday, August 16th. Oppenheimer Holdings, Inc. restated a “hold” rating on shares of Williams-Sonoma in a report on Thursday, August 24th. Guggenheim restated a “neutral” rating on shares of Williams-Sonoma in a report on Thursday, August 24th. J P Morgan Chase & Co restated an “overweight” rating and set a $60.00 price target (down from $64.00) on shares of Williams-Sonoma in a report on Thursday, August 24th. Finally, Jefferies Group LLC restated a “hold” rating on shares of Williams-Sonoma in a report on Sunday, November 19th. Six investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $51.39.

Williams-Sonoma Company Profile

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.

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

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