The legal version of this article can be viewed at https://www.chaffeybreeze.com/2017/06/16/credit-suisse-group-ag-reiterates-hold-rating-for-williams-sonoma-inc-wsm-updated-updated.html. (NYSE:WSM) by 147.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). They now have a $44.00 target price on the specialty retailer's stock. Parametric Portfolio Associates LLC owned approximately 0.17% of Williams-Sonoma worth $7,894,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of WSM. Invictus RG bought a new position in Williams-Sonoma during the first quarter worth $122,000. Cribstone Capital Management LLC now owns 22,479 shares of the specialty retailer's stock valued at $1,224,000 after buying an additional 70 shares during the period. Delivers Another Solid Quarter", Businesswire.com published: "Williams-Sonoma, Inc. Creative Planning raised its position in shares of Williams-Sonoma by 3.8% in the first quarter. First Interstate Bank now owns 2,250 shares of the specialty retailer's stock valued at $121,000 after buying an additional 250 shares in the last quarter. Franklin Resources Inc. bought a new position in shares of Williams-Sonoma during the fourth quarter valued at $123,000. IFP Advisors Inc now owns 2,107 shares of the specialty retailer's stock valued at $113,000 after buying an additional 217 shares in the last quarter. Institutional investors own 97.56% of the company's stock.
Shares of Williams-Sonoma, Inc. (WSM) opened at 47.97 on Monday. The firm has a market cap of $4.16 billion, a PE ratio of 13.99 and a beta of 0.88. Williams-Sonoma has a 52 week low of $45.68 and a 52 week high of $57.40. The stock has a 50-day moving average of $50.18 and a 200 day moving average of $50.63.
Williams-Sonoma (NYSE:WSM) last posted its quarterly earnings results on Wednesday, May 24th. The specialty retailer reported $0.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.49 by $0.02. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.11 billion. Williams-Sonoma had a net margin of 5.99% and a return on equity of 25.51%. The firm's quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.53 EPS. On average, equities analysts expect that Williams-Sonoma will post $3.56 earnings per share for the current fiscal year.
Investors of record on Friday, July 21st will be paid a dividend of 0.39 per share by the specialty retailer on Friday, August 25th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.25%. Williams-Sonoma's dividend payout ratio (DPR) is presently 45.35%.
COPYRIGHT VIOLATION WARNING: "Williams-Sonoma, Inc. (WSM)" was posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this news story on another site, it was copied illegally and republished in violation of United States & global copyright & trademark laws. Robert W. Baird set a $48.00 price objective on Williams-Sonoma and gave the company a "hold" rating in a report on Thursday, March 16th. IFP Advisors Inc raised its position in shares of Williams-Sonoma by 11.5% in the first quarter. Instinet reissued a "buy" rating and set a $65.00 price objective on shares of Williams-Sonoma in a report on Tuesday, March 14th. Telsey Advisory Group downgraded shares of Williams-Sonoma from an "outperform" rating to a "market perform" rating and reduced their price target for the stock from $61.00 to $51.00 in a research report on Monday, February 13th. Out of 4 Wall Street analysts rating Williams-Sonoma, 1 give it "Buy", 0 "Sell" rating, while 3 recommend "Hold". The stock has an average rating of "Hold" and a consensus target price of $57.01. The Company operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom.