Livforsakringsbolaget Skandia Omsesidigt lowered its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 6.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 66,900 shares of the specialty retailer’s stock after selling 4,400 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt owned 0.08% of Williams-Sonoma worth $3,459,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. grew its position in Williams-Sonoma by 4.9% in the 2nd quarter. BlackRock Inc. now owns 9,572,681 shares of the specialty retailer’s stock valued at $464,276,000 after acquiring an additional 444,339 shares during the last quarter. Blackhill Capital Inc. grew its position in Williams-Sonoma by 0.5% in 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 during the last quarter. Janus Henderson Group PLC grew its position in Williams-Sonoma by 1,109.6% in the 2nd quarter. Janus Henderson Group PLC now owns 3,517,415 shares of the specialty retailer’s stock valued at $170,595,000 after acquiring an additional 3,226,625 shares during the last quarter. State Street Corp grew its position in Williams-Sonoma by 0.9% in the 2nd quarter. State Street Corp now owns 3,243,158 shares of the specialty retailer’s stock valued at $157,297,000 after acquiring an additional 28,837 shares during the last quarter. Finally, FMR LLC grew its position in Williams-Sonoma by 115.4% in the 2nd quarter. FMR LLC now owns 2,678,423 shares of the specialty retailer’s stock valued at $129,904,000 after acquiring an additional 1,435,014 shares during the last quarter.
Williams-Sonoma, Inc. (NYSE:WSM) opened at $54.60 on Friday. Williams-Sonoma, Inc. has a 12-month low of $42.68 and a 12-month high of $55.89. The stock has a market capitalization of $4,600.00, a price-to-earnings ratio of 15.47, a PEG ratio of 1.57 and a beta of 0.89.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 23rd. Investors of record on Thursday, January 25th will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date is Wednesday, January 24th. Williams-Sonoma’s dividend payout ratio (DPR) is currently 44.19%.
WSM has been the topic of several research analyst reports. Robert W. Baird set a $48.00 price objective on Williams-Sonoma and gave the company a “hold” rating in a research report on Tuesday, October 31st. Jefferies Group reaffirmed a “hold” rating on shares of Williams-Sonoma in a research report on Sunday, November 19th. Zacks Investment Research raised Williams-Sonoma from a “sell” rating to a “hold” rating in a research report on Tuesday, November 21st. TheStreet raised Williams-Sonoma from a “c+” rating to a “b-” rating in a research report on Monday, October 9th. Finally, Morgan Stanley initiated coverage on Williams-Sonoma in a research report on Friday, November 17th. They issued a “hold” rating and a $48.00 price objective on the stock. Seven analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $51.25.
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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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