Stevens Capital Management LP Has $4.20 Million Position in Williams-Sonoma, Inc. (WSM)

Stevens Capital Management LP grew its position in Williams-Sonoma, Inc. (NYSE:WSM) by 563.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,905 shares of the specialty retailer’s stock after acquiring an additional 54,270 shares during the period. Stevens Capital Management LP’s holdings in Williams-Sonoma were worth $4,200,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Itau Unibanco Holding S.A. acquired a new stake in Williams-Sonoma in the 2nd quarter worth about $101,000. JNBA Financial Advisors bought a new stake in Williams-Sonoma during the 3rd quarter worth approximately $168,000. Ontario Teachers Pension Plan Board bought a new stake in Williams-Sonoma during the 3rd quarter worth approximately $205,000. Paragon Capital Management Ltd bought a new stake in Williams-Sonoma during the 3rd quarter worth approximately $207,000. Finally, Pillar Pacific Capital Management LLC bought a new stake in shares of Williams-Sonoma in the 2nd quarter valued at $209,000.

NYSE:WSM opened at $56.63 on Friday. Williams-Sonoma, Inc. has a fifty-two week low of $46.92 and a fifty-two week high of $73.99. The firm has a market cap of $4.50 billion, a P/E ratio of 15.69, a P/E/G ratio of 1.71 and a beta of 0.95. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.38 and a current ratio of 1.54.

Williams-Sonoma (NYSE:WSM) last posted its quarterly earnings results on Thursday, November 15th. The specialty retailer reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.01. Williams-Sonoma had a return on equity of 29.75% and a net margin of 4.97%. The business had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.37 billion. Sell-side analysts forecast that Williams-Sonoma, Inc. will post 4.33 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 21st. Shareholders of record on Friday, October 26th were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date was Thursday, October 25th. Williams-Sonoma’s dividend payout ratio (DPR) is presently 47.65%.

In other Williams-Sonoma news, insider Janet Hayes sold 14,376 shares of the stock in a transaction dated Friday, September 14th. The stock was sold at an average price of $68.10, for a total value of $979,005.60. Following the completion of the sale, the insider now directly owns 44,889 shares in the company, valued at $3,056,940.90. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 1.00% of the company’s stock.

A number of research firms recently issued reports on WSM. Royal Bank of Canada boosted their target price on shares of Williams-Sonoma to $67.00 and gave the company a “market perform” rating in a research report on Thursday, August 23rd. ValuEngine upgraded shares of Williams-Sonoma from a “hold” rating to a “buy” rating in a research note on Thursday, August 23rd. Buckingham Research increased their price target on shares of Williams-Sonoma from $54.00 to $64.00 and gave the company a “neutral” rating in a research report on Thursday, August 23rd. Zacks Investment Research lowered shares of Williams-Sonoma from a “buy” rating to a “hold” rating in a research report on Monday, September 3rd. Finally, Argus set a $80.00 target price on shares of Williams-Sonoma and gave the stock a “buy” rating in a research report on Monday, August 27th. Three research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $58.60.

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Williams-Sonoma Profile

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.

See Also: Buyback For Investors Defined

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

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