Williams-Sonoma, Inc. (NYSE:WSM) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC grew its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 65.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,023 shares of the specialty retailer’s stock after acquiring an additional 8,354 shares during the period. SG Americas Securities LLC’s holdings in Williams-Sonoma were worth $1,429,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Marshall Wace North America L.P. bought a new position in shares of Williams-Sonoma in the 1st quarter worth about $56,000. Amundi Pioneer Asset Management Inc. lifted its position in Williams-Sonoma by 5.1% in the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 37,903 shares of the specialty retailer’s stock valued at $2,133,000 after purchasing an additional 1,839 shares during the last quarter. Signature Wealth Management Group lifted its position in Williams-Sonoma by 0.8% in the 2nd quarter. Signature Wealth Management Group now owns 54,331 shares of the specialty retailer’s stock valued at $3,523,000 after purchasing an additional 442 shares during the last quarter. Smithbridge Asset Management Inc. DE lifted its position in Williams-Sonoma by 1.5% in the 2nd quarter. Smithbridge Asset Management Inc. DE now owns 52,645 shares of the specialty retailer’s stock valued at $3,422,000 after purchasing an additional 795 shares during the last quarter. Finally, Ingalls & Snyder LLC lifted its position in Williams-Sonoma by 31.6% in the 2nd quarter. Ingalls & Snyder LLC now owns 19,968 shares of the specialty retailer’s stock valued at $1,298,000 after purchasing an additional 4,796 shares during the last quarter.

Several analysts recently weighed in on WSM shares. Citigroup set a $70.00 price objective on shares of Williams-Sonoma and gave the company a “hold” rating in a research report on Thursday, August 29th. JPMorgan Chase & Co. lifted their price objective on shares of Williams-Sonoma from $55.00 to $64.00 and gave the company an “underweight” rating in a research report on Thursday, August 29th. Raymond James reiterated a “hold” rating on shares of Williams-Sonoma in a research report on Thursday, August 29th. Goldman Sachs Group set a $76.00 price objective on shares of Williams-Sonoma and gave the company a “buy” rating in a research report on Monday, August 26th. Finally, Robert W. Baird lifted their price objective on shares of Williams-Sonoma from $58.00 to $65.00 and gave the company a “neutral” rating in a research report on Thursday, August 29th. Three research analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $64.85.

Williams-Sonoma stock opened at $72.86 on Monday. The stock has a market cap of $5.65 billion, a price-to-earnings ratio of 16.34, a PEG ratio of 1.61 and a beta of 0.89. The company has a current ratio of 1.31, a quick ratio of 0.31 and a debt-to-equity ratio of 1.29. The company’s 50-day moving average price is $68.26 and its two-hundred day moving average price is $63.73. Williams-Sonoma, Inc. has a 52 week low of $45.01 and a 52 week high of $73.61.

Williams-Sonoma (NYSE:WSM) last released its earnings results on Wednesday, August 28th. The specialty retailer reported $0.87 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.83 by $0.04. The firm had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.31 billion. Williams-Sonoma had a net margin of 6.07% and a return on equity of 33.89%. Williams-Sonoma’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the company earned $0.77 EPS. Research analysts expect that Williams-Sonoma, Inc. will post 4.75 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, October 25th will be paid a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, October 24th. This represents a $1.92 annualized dividend and a yield of 2.64%. Williams-Sonoma’s payout ratio is 43.05%.

In other news, insider Alex Bellos sold 4,820 shares of Williams-Sonoma stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $65.25, for a total value of $314,505.00. Following the transaction, the insider now owns 8,177 shares of the company’s stock, valued at approximately $533,549.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Laura Alber sold 35,000 shares of Williams-Sonoma stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $70.57, for a total transaction of $2,469,950.00. Following the completion of the transaction, the chief executive officer now directly owns 411,861 shares in the company, valued at approximately $29,065,030.77. The disclosure for this sale can be found here. 0.87% of the stock is currently owned by company insiders.

About Williams-Sonoma

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

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