Legacy Capital Partners Inc. trimmed its position in Williams-Sonoma, Inc. (NYSE:WSM) by 4.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,219 shares of the specialty retailer’s stock after selling 500 shares during the quarter. Legacy Capital Partners Inc.’s holdings in Williams-Sonoma were worth $575,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Oregon Public Employees Retirement Fund raised its stake in Williams-Sonoma by 5,231.1% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,617,629 shares of the specialty retailer’s stock worth $32,000 after buying an additional 1,587,286 shares in the last quarter. IMS Capital Management acquired a new position in shares of Williams-Sonoma during the third quarter worth $33,000. Pinnacle Bank purchased a new stake in shares of Williams-Sonoma during the 4th quarter valued at $36,000. IFP Advisors Inc lifted its holdings in shares of Williams-Sonoma by 108.0% during the 4th quarter. IFP Advisors Inc now owns 1,504 shares of the specialty retailer’s stock valued at $75,000 after purchasing an additional 781 shares during the last quarter. Finally, Csenge Advisory Group acquired a new stake in shares of Williams-Sonoma in the 3rd quarter worth $124,000.

Several brokerages recently issued reports on WSM. Zacks Investment Research raised Williams-Sonoma from a “hold” rating to a “buy” rating and set a $66.00 target price on the stock in a research report on Monday, March 25th. Credit Suisse Group upgraded shares of Williams-Sonoma to a “hold wsm” rating and set a $50.00 target price for the company in a research note on Thursday, December 20th. Evercore ISI began coverage on shares of Williams-Sonoma in a research report on Wednesday, March 20th. They set an “in-line” rating and a $60.00 target price on the stock. William Blair reissued a “market perform” rating on shares of Williams-Sonoma in a research report on Thursday, March 21st. Finally, Royal Bank of Canada upped their price target on shares of Williams-Sonoma to $60.00 and gave the company a “sector perform” rating in a research note on Thursday, March 21st. Three equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have issued a buy rating to the company’s stock. Williams-Sonoma currently has a consensus rating of “Hold” and an average price target of $59.33.

NYSE WSM traded down $1.09 on Tuesday, hitting $59.06. 1,185,787 shares of the company’s stock traded hands, compared to its average volume of 1,435,053. The company has a current ratio of 1.58, a quick ratio of 0.53 and a debt-to-equity ratio of 0.26. Williams-Sonoma, Inc. has a 1-year low of $45.01 and a 1-year high of $73.99. The stock has a market cap of $4.73 billion, a price-to-earnings ratio of 13.24, a PEG ratio of 1.82 and a beta of 0.94.

Williams-Sonoma (NYSE:WSM) last released its quarterly earnings data on Wednesday, March 20th. The specialty retailer reported $2.10 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.97 by $0.13. Williams-Sonoma had a net margin of 5.88% and a return on equity of 32.48%. The firm had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.80 billion. During the same quarter in the prior year, the business earned $1.68 earnings per share. The business’s quarterly revenue was up 9.3% compared to the same quarter last year. Analysts forecast that Williams-Sonoma, Inc. will post 4.58 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, April 26th will be given a dividend of $0.48 per share. This is an increase from Williams-Sonoma’s previous quarterly dividend of $0.43. This represents a $1.92 annualized dividend and a yield of 3.25%. The ex-dividend date is Thursday, April 25th. Williams-Sonoma’s dividend payout ratio (DPR) is currently 38.57%.

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Williams-Sonoma Company Profile

Williams-Sonoma, Inc operates as a multi-channel specialty retailer of various products for home. It operates through two segments, E-commerce and Retail. The company offers cooking, dining, and entertaining products, including cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma brand, as well as home furnishings and decorative accessories under the Williams Sonoma Home brand; and furniture, bedding, bathroom accessories, rugs, curtains, lighting, tabletop, outdoor, and decorative accessories under the Pottery Barn brand.

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

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