Cardinal Capital Management Inc. acquired a new position in Williams-Sonoma, Inc. (NYSE:WSM) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 10,600 shares of the specialty retailer’s stock, valued at approximately $548,000.

Other institutional investors have also made changes to their positions in the company. Verition Fund Management LLC purchased a new stake in Williams-Sonoma in the 2nd quarter worth about $395,000. Alpha Windward LLC lifted its stake in 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 acquiring an additional 10,620 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in 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 acquiring an additional 16,086 shares in the last quarter. Oxbow Advisors LLC lifted its stake in 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 acquiring an additional 1,270 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its stake in 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 acquiring an additional 3,792 shares in the last quarter.

Williams-Sonoma, Inc. (WSM) traded up $0.54 on Thursday, hitting $54.39. The stock had a trading volume of 1,319,500 shares, compared to its average volume of 1,232,509. Williams-Sonoma, Inc. has a 52 week low of $42.68 and a 52 week high of $55.89. The stock has a market cap of $4,570.00, a P/E ratio of 15.41, a PEG ratio of 1.57 and a beta of 0.89.

Williams-Sonoma (NYSE:WSM) last issued its quarterly earnings data on Thursday, November 16th. The specialty retailer reported $0.84 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.84. Williams-Sonoma had a return on equity of 25.45% and a net margin of 5.94%. The business had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period last year, the business earned $0.78 EPS. The firm’s revenue was up 4.3% compared to the same quarter last year. sell-side analysts predict that Williams-Sonoma, Inc. will post 3.55 earnings per share for the current year.

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 $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date is Wednesday, January 24th. Williams-Sonoma’s payout ratio is 44.19%.

Several brokerages recently issued reports on WSM. Goldman Sachs Group downgraded Williams-Sonoma from a “buy” rating to a “neutral” rating in a research note on Tuesday. Zacks Investment Research downgraded Williams-Sonoma from a “hold” rating to a “sell” rating in a research note on Saturday, January 13th. Jefferies Group reissued a “hold” rating and issued a $49.00 price objective on shares of Williams-Sonoma in a research note on Thursday, September 28th. Stifel Nicolaus started coverage on Williams-Sonoma in a research note on Thursday, October 12th. They issued a “hold” rating and a $54.00 price objective for the company. Finally, TheStreet raised Williams-Sonoma from a “c+” rating to a “b-” rating in a research note on Monday, October 9th. Seven analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $51.25.

COPYRIGHT VIOLATION NOTICE: “Cardinal Capital Management Inc. Invests $548,000 in Williams-Sonoma, Inc. (WSM) Stock” was first published by Daily Political and is owned by of Daily Political. If you are reading this piece of content on another publication, it was illegally copied and reposted in violation of U.S. and international copyright & trademark laws. The legal version of this piece of content can be accessed at https://www.dailypolitical.com/2018/01/18/cardinal-capital-management-inc-invests-548000-in-williams-sonoma-inc-wsm-stock.html.

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.

Want to see what other hedge funds are holding WSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Williams-Sonoma, Inc. (NYSE:WSM).

Institutional Ownership by Quarter for Williams-Sonoma (NYSE:WSM)

Receive News & Ratings for Williams-Sonoma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams-Sonoma and related companies with MarketBeat.com's FREE daily email newsletter.