Afam Capital Inc. grew its stake in Williams-Sonoma, Inc. (NYSE:WSM) by 42.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,002 shares of the specialty retailer’s stock after buying an additional 12,198 shares during the period. Afam Capital Inc.’s holdings in Williams-Sonoma were worth $2,044,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Vision Capital Management Inc. grew its stake in Williams-Sonoma by 0.3% during the second quarter. Vision Capital Management Inc. now owns 18,599 shares of the specialty retailer’s stock worth $902,000 after purchasing an additional 47 shares during the period. Great West Life Assurance Co. Can grew its stake in Williams-Sonoma by 0.3% during the second quarter. Great West Life Assurance Co. Can now owns 48,421 shares of the specialty retailer’s stock worth $2,346,000 after purchasing an additional 158 shares during the period. Northwestern Mutual Investment Management Company LLC grew its stake in Williams-Sonoma by 1.9% during the second quarter. Northwestern Mutual Investment Management Company LLC now owns 14,192 shares of the specialty retailer’s stock worth $740,000 after purchasing an additional 264 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Williams-Sonoma by 10.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,911 shares of the specialty retailer’s stock worth $141,000 after purchasing an additional 274 shares during the period. Finally, High Falls Advisors Inc grew its stake in Williams-Sonoma by 7.7% during the second quarter. High Falls Advisors Inc now owns 4,343 shares of the specialty retailer’s stock worth $211,000 after purchasing an additional 312 shares during the period. 96.62% of the stock is owned by institutional investors.

Williams-Sonoma, Inc. (NYSE WSM) traded down $1.10 during mid-day trading on Wednesday, hitting $50.90. The stock had a trading volume of 1,499,800 shares, compared to its average volume of 1,734,594. Williams-Sonoma, Inc. has a 52 week low of $42.68 and a 52 week high of $56.57. The company has a market capitalization of $4,377.11, a price-to-earnings ratio of 14.81, a PEG ratio of 1.94 and a beta of 0.89.

Williams-Sonoma (NYSE:WSM) last posted its earnings results 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 company had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same quarter last year, the company earned $0.78 earnings per share. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. equities analysts predict that Williams-Sonoma, Inc. will post 3.53 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 22nd. Stockholders of record on Friday, October 27th were issued a $0.39 dividend. The ex-dividend date was Thursday, October 26th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.06%. Williams-Sonoma’s dividend payout ratio is presently 44.19%.

Several research firms recently commented on WSM. Zacks Investment Research raised Williams-Sonoma from a “hold” rating to a “buy” rating and set a $50.00 target price for the company in a research note on Wednesday, August 16th. Moffett Nathanson started coverage on Williams-Sonoma in a research note on Monday, December 4th. They issued a “neutral” rating for the company. 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. Royal Bank of Canada raised their price objective on Williams-Sonoma from $49.00 to $50.00 and gave the company a “sector perform” rating in a research note on Thursday, August 24th. Finally, Oppenheimer reissued a “hold” rating on shares of Williams-Sonoma in a research note on Thursday, August 24th. Six analysts have rated the stock with a sell rating, eighteen have issued a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $51.39.

ILLEGAL ACTIVITY NOTICE: “Afam Capital Inc. Buys 12,198 Shares of Williams-Sonoma, Inc. (WSM)” was originally published by Watch List News and is the sole property of of Watch List News. If you are reading this piece of content on another domain, it was illegally copied and republished in violation of United States & international trademark and copyright law. The correct version of this piece of content can be read at https://www.watchlistnews.com/afam-capital-inc-buys-12198-shares-of-williams-sonoma-inc-wsm/1761950.html.

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.

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 Analyst Ratings Network's FREE daily email newsletter.