BNP Paribas Arbitrage SA lifted its holdings in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 25.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,911 shares of the specialty retailer’s stock after acquiring an additional 11,087 shares during the quarter. BNP Paribas Arbitrage SA owned about 0.06% of Williams-Sonoma worth $2,738,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also bought and sold shares of the stock. Grimes & Company Inc. lifted its holdings in shares of Williams-Sonoma by 1.3% during the 3rd quarter. Grimes & Company Inc. now owns 128,819 shares of the specialty retailer’s stock valued at $6,423,000 after acquiring an additional 1,715 shares in the last quarter. FDx Advisors Inc. lifted its holdings in shares of Williams-Sonoma by 17.9% during the 3rd quarter. FDx Advisors Inc. now owns 18,153 shares of the specialty retailer’s stock valued at $905,000 after acquiring an additional 2,753 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Williams-Sonoma by 0.4% during the 3rd quarter. Principal Financial Group Inc. now owns 343,847 shares of the specialty retailer’s stock valued at $17,144,000 after acquiring an additional 1,289 shares in the last quarter. Blackhill Capital Inc. lifted its holdings in shares of Williams-Sonoma by 0.5% during the 3rd quarter. Blackhill Capital Inc. now owns 4,047,901 shares of the specialty retailer’s stock valued at $201,828,000 after acquiring an additional 21,035 shares in the last quarter. Finally, Prudential Financial Inc. lifted its holdings in shares of Williams-Sonoma by 29.2% during the 3rd quarter. Prudential Financial Inc. now owns 235,128 shares of the specialty retailer’s stock valued at $11,723,000 after acquiring an additional 53,170 shares in the last quarter. Institutional investors and hedge funds own 99.33% of the company’s stock.
Shares of Williams-Sonoma, Inc. (WSM) opened at $46.62 on Tuesday. Williams-Sonoma, Inc. has a 1 year low of $42.68 and a 1 year high of $56.94. The firm has a market cap of $3,900.00, a PE ratio of 13.04, a P/E/G ratio of 0.99 and a beta of 0.91.
Williams-Sonoma (NYSE:WSM) last announced its quarterly earnings data on Thursday, November 16th. The specialty retailer reported $0.84 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.84. The business had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.29 billion. Williams-Sonoma had a net margin of 5.94% and a return on equity of 25.45%. The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.78 EPS. sell-side analysts predict that Williams-Sonoma, Inc. will post 3.56 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 22nd. Shareholders of record on Friday, October 27th will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 3.35%. The ex-dividend date of this dividend is Thursday, October 26th. Williams-Sonoma’s payout ratio is 44.19%.
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WSM has been the topic of several recent research reports. TheStreet upgraded shares of Williams-Sonoma from a “c+” rating to a “b-” rating in a report on Monday, October 9th. Zacks Investment Research upgraded shares of Williams-Sonoma from a “hold” rating to a “buy” rating and set a $48.00 target price on the stock in a report on Thursday, August 24th. Goldman Sachs Group, Inc. (The) reduced their target price on shares of Williams-Sonoma from $58.00 to $57.00 and set a “buy” rating on the stock in a report on Thursday, August 24th. SunTrust Banks, Inc. restated a “buy” rating and set a $62.00 target price on shares of Williams-Sonoma in a report on Tuesday, October 17th. Finally, Morgan Stanley reduced their target price on shares of Williams-Sonoma from $50.00 to $48.00 and set an “equal weight” rating on the stock in a report on Thursday, August 24th. Seven research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and five have given a buy rating to the company. Williams-Sonoma currently has an average rating of “Hold” and an average target price of $52.01.
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.
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