Fisher Asset Management LLC maintained its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) during the second quarter, Holdings Channel reports. The fund owned 28,826 shares of the specialty retailer’s stock at the end of the second quarter. Fisher Asset Management LLC’s holdings in Williams-Sonoma were worth $1,398,000 at the end of the most recent reporting period.
Several other hedge funds have also recently modified their holdings of WSM. Sprott Inc. boosted its stake in shares of Williams-Sonoma by 70.7% in the second quarter. Sprott Inc. now owns 64,000 shares of the specialty retailer’s stock valued at $3,104,000 after buying an additional 26,500 shares during the last quarter. Kempner Capital Management Inc. boosted its stake in shares of Williams-Sonoma by 221.9% in the second quarter. Kempner Capital Management Inc. now owns 57,612 shares of the specialty retailer’s stock valued at $2,794,000 after buying an additional 39,717 shares during the last quarter. Smith Graham & Co. Investment Advisors LP boosted its stake in shares of Williams-Sonoma by 19.7% in the second quarter. Smith Graham & Co. Investment Advisors LP now owns 86,460 shares of the specialty retailer’s stock valued at $4,193,000 after buying an additional 14,210 shares during the last quarter. Ronna Sue Cohen boosted its stake in shares of Williams-Sonoma by 10.6% in the first quarter. Ronna Sue Cohen now owns 69,354 shares of the specialty retailer’s stock valued at $3,719,000 after buying an additional 6,671 shares during the last quarter. Finally, Janus Capital Management LLC boosted its stake in shares of Williams-Sonoma by 2.8% in the first quarter. Janus Capital Management LLC now owns 3,074,679 shares of the specialty retailer’s stock valued at $164,864,000 after buying an additional 82,454 shares during the last quarter. Hedge funds and other institutional investors own 97.16% of the company’s stock.
Williams-Sonoma, Inc. (NYSE:WSM) opened at 45.16 on Monday. The firm’s 50-day moving average price is $47.27 and its 200 day moving average price is $49.55. The stock has a market cap of $3.91 billion, a P/E ratio of 13.15 and a beta of 0.90. Williams-Sonoma, Inc. has a 52-week low of $43.96 and a 52-week high of $57.40.
Williams-Sonoma (NYSE:WSM) last announced its quarterly earnings data on Wednesday, May 24th. The specialty retailer reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.02. Williams-Sonoma had a return on equity of 25.51% and a net margin of 5.99%. The company had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter in the prior year, the firm earned $0.53 EPS. The company’s quarterly revenue was up 1.3% compared to the same quarter last year. Equities analysts predict that Williams-Sonoma, Inc. will post $3.56 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 25th. Stockholders of record on Friday, July 21st will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Wednesday, July 19th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.45%. Williams-Sonoma’s dividend payout ratio (DPR) is presently 45.35%.
Several brokerages recently commented on WSM. BidaskClub cut Williams-Sonoma from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. SunTrust Banks, Inc. set a $62.00 price target on Williams-Sonoma and gave the stock a “buy” rating in a research report on Saturday, June 10th. ValuEngine cut Williams-Sonoma from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. CIBC restated a “hold” rating on shares of Williams-Sonoma in a report on Friday, May 26th. Finally, Oppenheimer Holdings, Inc. restated a “hold” rating on shares of Williams-Sonoma in a report on Thursday, May 25th. Two analysts have rated the stock with a sell rating, seventeen have issued a hold rating and seven have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $56.82.
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.
Want to see what other hedge funds are holding WSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Williams-Sonoma, Inc. (NYSE:WSM).
Receive News & Ratings for Williams-Sonoma Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams-Sonoma Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
