Williams-Sonoma, Inc. (NYSE:WSM) Shares Bought by V Square Quantitative Management LLC

V Square Quantitative Management LLC lifted its holdings in Williams-Sonoma, Inc. (NYSE:WSM) by 100.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,338 shares of the specialty retailer’s stock after purchasing an additional 672 shares during the quarter. V Square Quantitative Management LLC’s holdings in Williams-Sonoma were worth $207,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of WSM. Novare Capital Management LLC grew its position in Williams-Sonoma by 68.7% in the 3rd quarter. Novare Capital Management LLC now owns 10,145 shares of the specialty retailer’s stock valued at $1,572,000 after buying an additional 4,132 shares in the last quarter. Tilia Fiduciary Partners Inc. lifted its stake in shares of Williams-Sonoma by 86.5% in the 3rd quarter. Tilia Fiduciary Partners Inc. now owns 11,575 shares of the specialty retailer’s stock worth $1,793,000 after acquiring an additional 5,369 shares during the period. Transform Wealth LLC bought a new position in shares of Williams-Sonoma in the third quarter valued at approximately $2,171,000. Shulman DeMeo Asset Management LLC increased its stake in shares of Williams-Sonoma by 98.3% during the third quarter. Shulman DeMeo Asset Management LLC now owns 14,286 shares of the specialty retailer’s stock valued at $2,213,000 after acquiring an additional 7,082 shares during the period. Finally, B & T Capital Management DBA Alpha Capital Management increased its stake in shares of Williams-Sonoma by 96.8% during the third quarter. B & T Capital Management DBA Alpha Capital Management now owns 42,552 shares of the specialty retailer’s stock valued at $6,592,000 after acquiring an additional 20,930 shares during the period. 99.29% of the stock is owned by institutional investors and hedge funds.

Williams-Sonoma Trading Up 1.2 %

NYSE:WSM opened at $144.03 on Monday. The business’s fifty day moving average price is $142.39 and its 200 day moving average price is $146.14. The firm has a market capitalization of $18.20 billion, a price-to-earnings ratio of 17.30, a PEG ratio of 2.83 and a beta of 1.74. Williams-Sonoma, Inc. has a 1-year low of $71.56 and a 1-year high of $174.26.

Williams-Sonoma (NYSE:WSM) last issued its earnings results on Thursday, August 22nd. The specialty retailer reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.13. The company had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.81 billion. Williams-Sonoma had a return on equity of 51.57% and a net margin of 14.29%. The firm’s quarterly revenue was down 4.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.56 EPS. Equities analysts forecast that Williams-Sonoma, Inc. will post 7.99 earnings per share for the current year.

Williams-Sonoma Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Friday, October 18th will be given a $0.57 dividend. The ex-dividend date is Friday, October 18th. This represents a $2.28 dividend on an annualized basis and a yield of 1.58%. Williams-Sonoma’s payout ratio is 27.39%.

Wall Street Analysts Forecast Growth

WSM has been the subject of a number of research reports. Robert W. Baird decreased their price target on Williams-Sonoma from $150.00 to $140.00 and set a “neutral” rating for the company in a research note on Friday, August 23rd. Evercore ISI decreased their target price on Williams-Sonoma from $155.00 to $135.00 and set an “in-line” rating for the company in a research note on Wednesday, August 7th. Royal Bank of Canada dropped their price target on shares of Williams-Sonoma from $150.00 to $147.00 and set an “outperform” rating on the stock in a research report on Friday, August 23rd. Wells Fargo & Company reduced their price objective on shares of Williams-Sonoma from $158.00 to $145.00 and set an “equal weight” rating for the company in a research report on Monday, August 19th. Finally, Jefferies Financial Group raised shares of Williams-Sonoma from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $148.00 to $156.00 in a research note on Wednesday, September 11th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $140.83.

Insider Buying and Selling at Williams-Sonoma

In other news, EVP Karalyn Smith sold 11,100 shares of the company’s stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of $134.66, for a total value of $1,494,726.00. Following the transaction, the executive vice president now directly owns 15,150 shares of the company’s stock, valued at approximately $2,040,099. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, CEO Laura Alber sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $145.27, for a total value of $5,810,800.00. Following the completion of the sale, the chief executive officer now owns 1,030,956 shares of the company’s stock, valued at approximately $149,766,978.12. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Karalyn Smith sold 11,100 shares of the stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $134.66, for a total value of $1,494,726.00. Following the completion of the transaction, the executive vice president now owns 15,150 shares in the company, valued at $2,040,099. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

Williams-Sonoma Profile

Williams-Sonoma, Inc operates as an omni-channel specialty retailer of various products for home. It offers cooking, dining, and entertaining products, such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma Home brand, as well as home furnishings and decorative accessories under the Williams Sonoma lifestyle brand; and furniture, bedding, lighting, rugs, table essentials, and decorative accessories under the Pottery Barn brand.