Williams-Sonoma, Inc. (WSM) Shares Bought by Cwm LLC

CWM LLC raised its position in Williams-Sonoma, Inc. (NYSE:WSM) by 64,158.6% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 55,905 shares of the specialty retailer’s stock after buying an additional 55,818 shares during the period. CWM LLC owned about 0.06% of Williams-Sonoma worth $2,711,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of WSM. Creative Planning boosted its position in Williams-Sonoma by 3.8% in the first quarter. Creative Planning now owns 2,085 shares of the specialty retailer’s stock worth $112,000 after buying an additional 76 shares in the last quarter. IFP Advisors Inc boosted its position in Williams-Sonoma by 11.5% in the first quarter. IFP Advisors Inc now owns 2,107 shares of the specialty retailer’s stock worth $113,000 after buying an additional 217 shares in the last quarter. First Interstate Bank boosted its position in Williams-Sonoma by 12.5% in the first quarter. First Interstate Bank now owns 2,250 shares of the specialty retailer’s stock worth $121,000 after buying an additional 250 shares in the last quarter. Invictus RG acquired a new position in Williams-Sonoma during the first quarter worth approximately $122,000. Finally, Foresters Investment Management Company Inc. acquired a new position in Williams-Sonoma during the first quarter worth approximately $134,000. 97.09% of the stock is currently owned by institutional investors.

Shares of Williams-Sonoma, Inc. (WSM) opened at 45.74 on Friday. The company has a market cap of $3.96 billion, a P/E ratio of 13.32 and a beta of 0.89. The company’s 50-day moving average price is $46.38 and its 200-day moving average price is $49.15. Williams-Sonoma, Inc. has a 12 month low of $43.96 and a 12 month high of $57.40.

Williams-Sonoma (NYSE:WSM) last posted its quarterly earnings data on Wednesday, May 24th. The specialty retailer reported $0.51 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.02. The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.11 billion. Williams-Sonoma had a return on equity of 25.51% and a net margin of 5.99%. The company’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.53 EPS. Equities analysts forecast that Williams-Sonoma, Inc. will post $3.56 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, August 25th. Investors of record on Friday, July 21st will be paid a dividend of $0.39 per share. The ex-dividend date is Wednesday, July 19th. This represents a $1.56 annualized dividend and a yield of 3.41%. Williams-Sonoma’s payout ratio is 45.35%.

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A number of research firms recently commented on WSM. SunTrust Banks, Inc. set a $62.00 price target on Williams-Sonoma and gave the stock a “buy” rating in a report on Saturday, June 10th. Zacks Investment Research raised Williams-Sonoma from a “hold” rating to a “buy” rating and set a $53.00 price objective on the stock in a report on Tuesday. BidaskClub raised Williams-Sonoma from a “strong sell” rating to a “sell” rating in a report on Thursday, August 3rd. CIBC reaffirmed a “hold” rating on shares of Williams-Sonoma in a report on Friday, May 26th. Finally, Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of Williams-Sonoma in a report on Thursday, May 25th. Two equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and eight have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $56.82.

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.

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

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