US Bancorp DE Cuts Holdings in Williams-Sonoma, Inc. (NYSE:WSM)

US Bancorp DE trimmed its position in Williams-Sonoma, Inc. (NYSE:WSM) by 6.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 35,725 shares of the specialty retailer’s stock after selling 2,408 shares during the quarter. US Bancorp DE’s holdings in Williams-Sonoma were worth $2,623,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Squarepoint Ops LLC increased its stake in Williams-Sonoma by 159.9% in the 3rd quarter. Squarepoint Ops LLC now owns 397,219 shares of the specialty retailer’s stock worth $27,003,000 after acquiring an additional 244,356 shares during the last quarter. BlackRock Inc. grew its holdings in shares of Williams-Sonoma by 2.3% in the second quarter. BlackRock Inc. now owns 7,772,596 shares of the specialty retailer’s stock valued at $505,218,000 after purchasing an additional 177,769 shares in the last quarter. Hennessy Advisors Inc. bought a new stake in Williams-Sonoma in the fourth quarter worth $12,096,000. Beacon Investment Advisory Services Inc. bought a new stake in Williams-Sonoma in the fourth quarter worth $6,826,000. Finally, State of New Jersey Common Pension Fund D bought a new stake in Williams-Sonoma in the third quarter worth $4,507,000. Institutional investors own 99.29% of the company’s stock.

In other Williams-Sonoma news, CEO Laura Alber sold 20,000 shares of the firm’s stock in a transaction on Friday, January 17th. The stock was sold at an average price of $76.71, for a total transaction of $1,534,200.00. Following the transaction, the chief executive officer now directly owns 376,261 shares in the company, valued at approximately $28,862,981.31. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.30% of the stock is owned by corporate insiders.

Several research firms have commented on WSM. Morgan Stanley increased their price objective on shares of Williams-Sonoma from $60.00 to $68.00 and gave the company an “underweight” rating in a research report on Wednesday, January 22nd. ValuEngine cut shares of Williams-Sonoma from a “hold” rating to a “sell” rating in a research report on Saturday, November 23rd. Oppenheimer raised shares of Williams-Sonoma from a “market perform” rating to an “outperform” rating and set a $90.00 price target for the company in a report on Tuesday, January 28th. Wedbush reaffirmed a “hold” rating and issued a $67.00 price target on shares of Williams-Sonoma in a report on Friday, November 22nd. Finally, Argus lifted their price target on Williams-Sonoma from $80.00 to $81.00 and gave the stock a “buy” rating in a research report on Monday, December 2nd. They noted that the move was a valuation call. Four research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $69.11.

NYSE WSM traded down $0.32 during trading on Friday, hitting $73.67. The stock had a trading volume of 7,774 shares, compared to its average volume of 756,242. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.31 and a current ratio of 1.29. The stock has a market capitalization of $5.73 billion, a price-to-earnings ratio of 17.03, a P/E/G ratio of 1.80 and a beta of 0.92. Williams-Sonoma, Inc. has a one year low of $50.14 and a one year high of $77.00. The stock has a 50 day simple moving average of $73.63 and a 200 day simple moving average of $69.25.

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

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, January 24th will be paid a $0.48 dividend. The ex-dividend date is Thursday, January 23rd. This represents a $1.92 dividend on an annualized basis and a yield of 2.61%. Williams-Sonoma’s dividend payout ratio is currently 43.05%.

Williams-Sonoma Company 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.

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

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