BNP Paribas Arbitrage SA Has $2.74 Million Holdings in Williams-Sonoma, Inc. (WSM)

BNP Paribas Arbitrage SA raised its holdings in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 25.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 54,911 shares of the specialty retailer’s stock after purchasing an additional 11,087 shares during the quarter. BNP Paribas Arbitrage SA owned 0.06% of Williams-Sonoma worth $2,738,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Verition Fund Management LLC bought a new stake in shares of Williams-Sonoma in the second quarter valued at about $395,000. Alpha Windward LLC raised its holdings in shares of Williams-Sonoma by 23,087.0% in the third quarter. Alpha Windward LLC now owns 10,666 shares of the specialty retailer’s stock valued at $532,000 after acquiring an additional 10,620 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new position in Williams-Sonoma in the second quarter valued at about $2,261,000. Oxbow Advisors LLC grew its stake in Williams-Sonoma by 3.7% in the third quarter. Oxbow Advisors LLC now owns 35,312 shares of the specialty retailer’s stock valued at $1,761,000 after purchasing an additional 1,270 shares during the last quarter. Finally, Principal Financial Group Inc. grew its stake in Williams-Sonoma by 2.3% in the second quarter. Principal Financial Group Inc. now owns 342,558 shares of the specialty retailer’s stock valued at $16,614,000 after purchasing an additional 7,818 shares during the last quarter. Hedge funds and other institutional investors own 96.62% of the company’s stock.

Williams-Sonoma, Inc. (WSM) traded down $0.36 during trading on Wednesday, hitting $53.44. The company had a trading volume of 1,570,363 shares, compared to its average volume of 1,731,554. Williams-Sonoma, Inc. has a 12-month low of $42.68 and a 12-month high of $56.94. The firm has a market capitalization of $4,582.93, a P/E ratio of 15.46, a price-to-earnings-growth ratio of 2.02 and a beta of 0.89.

Williams-Sonoma (NYSE:WSM) last released its earnings results on Thursday, November 16th. The specialty retailer reported $0.84 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.84. Williams-Sonoma had a return on equity of 25.45% and a net margin of 5.94%. The firm had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the previous year, the company posted $0.78 earnings per share. The company’s revenue was up 4.3% compared to the same quarter last year. equities analysts expect that Williams-Sonoma, Inc. will post 3.54 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 22nd. Investors of record on Friday, October 27th were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date was Thursday, October 26th. Williams-Sonoma’s dividend payout ratio (DPR) is 44.19%.

Several research firms have issued reports on WSM. BTIG Research reiterated a “sell” rating and issued a $41.00 target price on shares of Williams-Sonoma in a research note on Monday, August 21st. Zacks Investment Research upgraded Williams-Sonoma from a “hold” rating to a “buy” rating and set a $58.00 target price on the stock in a research note on Thursday, October 12th. Deutsche Bank cut their target price on Williams-Sonoma from $52.00 to $50.00 and set a “hold” rating on the stock in a research note on Thursday, August 24th. Oppenheimer reiterated a “hold” rating on shares of Williams-Sonoma in a research note on Friday, November 17th. Finally, Bank of America cut their target price on Williams-Sonoma from $40.00 to $38.00 and set an “underperform” rating on the stock in a research note on Friday, November 17th. Six investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating and four have issued a buy rating to the company’s stock. Williams-Sonoma has an average rating of “Hold” and an average target price of $51.39.

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Williams-Sonoma 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.

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

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