Rothschild Investment Corp IL Increases Position in Williams-Sonoma, Inc. (WSM)
Rothschild Investment Corp IL raised its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 96.3% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 10,480 shares of the specialty retailer’s stock after buying an additional 5,140 shares during the period. Rothschild Investment Corp IL’s holdings in Williams-Sonoma were worth $508,000 as of its most recent filing with the SEC.
A number of other hedge funds have also made changes to their positions in WSM. Creative Planning boosted its stake in shares of Williams-Sonoma by 3.8% in the first quarter. Creative Planning now owns 2,085 shares of the specialty retailer’s stock valued at $112,000 after buying an additional 76 shares during the last quarter. IFP Advisors Inc boosted its stake in shares of Williams-Sonoma by 11.5% in the first quarter. IFP Advisors Inc now owns 2,107 shares of the specialty retailer’s stock valued at $113,000 after buying an additional 217 shares during the last quarter. First Interstate Bank boosted its stake in shares of Williams-Sonoma by 12.5% 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 during the last quarter. Invictus RG acquired a new stake in shares of Williams-Sonoma during the first quarter valued at approximately $122,000. Finally, Franklin Resources Inc. acquired a new stake in shares of Williams-Sonoma during the fourth quarter valued at approximately $123,000. Institutional investors and hedge funds own 97.16% of the company’s stock.
Williams-Sonoma, Inc. (NYSE WSM) traded up 1.47% during midday trading on Tuesday, hitting $44.92. 124,601 shares of the stock were exchanged. The stock has a market cap of $3.89 billion, a P/E ratio of 13.08 and a beta of 0.90. The firm has a 50-day moving average price of $47.27 and a 200-day moving average price of $49.55. Williams-Sonoma, Inc. has a one year low of $43.96 and a one year high of $57.40.
Williams-Sonoma (NYSE:WSM) last released its quarterly earnings results on Wednesday, May 24th. The specialty retailer reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.02. The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.11 billion. Williams-Sonoma had a return on equity of 25.51% and a net margin of 5.99%. The business’s revenue was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.53 EPS. On average, equities research analysts anticipate that Williams-Sonoma, Inc. will post $3.56 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, August 25th. Stockholders of record on Friday, July 21st will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 3.52%. The ex-dividend date of this dividend is Wednesday, July 19th. Williams-Sonoma’s dividend payout ratio (DPR) is presently 45.35%.
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Several brokerages have commented on WSM. Gordon Haskett began coverage on shares of Williams-Sonoma in a research note on Tuesday, May 9th. They set an “accumulate” rating and a $61.00 price objective for the company. Jefferies Group LLC restated a “hold” rating and set a $54.00 price objective on shares of Williams-Sonoma in a research note on Thursday, May 25th. J P Morgan Chase & Co lifted their price objective on shares of Williams-Sonoma from $60.00 to $64.00 and gave the company an “overweight” rating in a research note on Monday, April 3rd. ValuEngine cut shares of Williams-Sonoma from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, Oppenheimer Holdings, Inc. restated a “hold” rating on shares of Williams-Sonoma in a research note on Thursday, May 25th. Two analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and seven have given a buy rating to the company. Williams-Sonoma presently has a consensus rating of “Hold” and a consensus price target of $56.82.
Williams-Sonoma Company 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.
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