Williams-Sonoma, Inc. (WSM) Shares Sold by Cadence Capital Management LLC

Cadence Capital Management LLC cut its holdings in Williams-Sonoma, Inc. (NYSE:WSM) by 35.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,037 shares of the specialty retailer’s stock after selling 3,855 shares during the quarter. Cadence Capital Management LLC’s holdings in Williams-Sonoma were worth $364,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Verition Fund Management LLC purchased a new stake in shares of Williams-Sonoma in the 2nd quarter worth about $395,000. Alpha Windward LLC grew its position in shares of Williams-Sonoma by 23,087.0% in the 3rd quarter. Alpha Windward LLC now owns 10,666 shares of the specialty retailer’s stock worth $532,000 after buying an additional 10,620 shares during the period. Ameriprise Financial Inc. grew its position in shares of Williams-Sonoma by 7.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 246,030 shares of the specialty retailer’s stock worth $12,267,000 after buying an additional 16,086 shares during the period. Oxbow Advisors LLC grew its position in shares of Williams-Sonoma by 3.7% in the 3rd quarter. Oxbow Advisors LLC now owns 35,312 shares of the specialty retailer’s stock worth $1,761,000 after buying an additional 1,270 shares during the period. Finally, Advisors Asset Management Inc. grew its position in shares of Williams-Sonoma by 6.4% in the 3rd quarter. Advisors Asset Management Inc. now owns 63,325 shares of the specialty retailer’s stock worth $3,157,000 after buying an additional 3,792 shares during the period.

Williams-Sonoma, Inc. (NYSE:WSM) opened at $54.63 on Thursday. The stock has a market cap of $4,600.00, a PE ratio of 15.48, a price-to-earnings-growth ratio of 1.32 and a beta of 0.87. Williams-Sonoma, Inc. has a one year low of $42.68 and a one year high of $55.89.

Williams-Sonoma (NYSE:WSM) last posted its earnings results on Thursday, November 16th. The specialty retailer reported $0.84 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.84. The business had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.29 billion. Williams-Sonoma had a net margin of 5.94% and a return on equity of 25.45%. The business’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 business earned $0.78 EPS. equities analysts forecast that Williams-Sonoma, Inc. will post 3.55 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, February 23rd. Shareholders of record on Thursday, January 25th will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 2.86%. The ex-dividend date is Wednesday, January 24th. Williams-Sonoma’s dividend payout ratio is currently 44.19%.

A number of research firms have recently weighed in on WSM. Jefferies Group reaffirmed a “hold” rating on shares of Williams-Sonoma in a research report on Sunday, November 19th. Moffett Nathanson began coverage on shares of Williams-Sonoma in a research report on Monday, December 4th. They issued a “neutral” rating on the stock. Zacks Investment Research raised shares of Williams-Sonoma from a “sell” rating to a “hold” rating in a research report on Tuesday, November 21st. Oppenheimer reaffirmed a “hold” rating on shares of Williams-Sonoma in a research report on Friday, November 17th. Finally, Robert W. Baird set a $48.00 target price on shares of Williams-Sonoma and gave the stock a “hold” rating in a research report on Tuesday, October 31st. Six research analysts have rated the stock with a sell rating, eighteen have given a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $51.20.

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About Williams-Sonoma

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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