Cwm LLC Has $6.59 Million Stock Position in Williams-Sonoma, Inc. (NYSE:WSM)

Cwm LLC reduced its position in Williams-Sonoma, Inc. (NYSE:WSM) by 5.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,680 shares of the specialty retailer’s stock after selling 1,916 shares during the period. Cwm LLC’s holdings in Williams-Sonoma were worth $6,594,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Lindbrook Capital LLC increased its position in Williams-Sonoma by 30.5% in the 4th quarter. Lindbrook Capital LLC now owns 231 shares of the specialty retailer’s stock worth $47,000 after purchasing an additional 54 shares during the last quarter. Quent Capital LLC increased its position in Williams-Sonoma by 27.8% in the 4th quarter. Quent Capital LLC now owns 299 shares of the specialty retailer’s stock worth $60,000 after purchasing an additional 65 shares during the last quarter. JGP Wealth Management LLC increased its position in Williams-Sonoma by 1.2% in the 4th quarter. JGP Wealth Management LLC now owns 5,725 shares of the specialty retailer’s stock worth $1,155,000 after purchasing an additional 69 shares during the last quarter. WINTON GROUP Ltd increased its position in Williams-Sonoma by 2.1% in the 3rd quarter. WINTON GROUP Ltd now owns 3,413 shares of the specialty retailer’s stock worth $530,000 after purchasing an additional 71 shares during the last quarter. Finally, SkyView Investment Advisors LLC increased its position in Williams-Sonoma by 3.3% in the 3rd quarter. SkyView Investment Advisors LLC now owns 2,382 shares of the specialty retailer’s stock worth $370,000 after purchasing an additional 77 shares during the last quarter. 99.29% of the stock is owned by institutional investors and hedge funds.

Williams-Sonoma Stock Up 1.7 %

Shares of NYSE:WSM opened at $285.02 on Wednesday. The business has a 50 day moving average price of $271.65 and a 200 day moving average price of $215.93. Williams-Sonoma, Inc. has a twelve month low of $109.44 and a twelve month high of $319.78. The company has a market cap of $18.31 billion, a price-to-earnings ratio of 19.56, a PEG ratio of 2.35 and a beta of 1.69.

Williams-Sonoma (NYSE:WSM) last announced its earnings results on Wednesday, March 13th. The specialty retailer reported $5.44 earnings per share for the quarter, beating the consensus estimate of $5.06 by $0.38. Williams-Sonoma had a return on equity of 55.15% and a net margin of 12.25%. The firm had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.22 billion. During the same quarter in the prior year, the company earned $5.50 EPS. The firm’s revenue for the quarter was down 7.1% compared to the same quarter last year. Analysts anticipate that Williams-Sonoma, Inc. will post 15.37 EPS for the current year.

Williams-Sonoma Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Friday, April 19th will be issued a $1.13 dividend. This is a boost from Williams-Sonoma’s previous quarterly dividend of $0.90. The ex-dividend date of this dividend is Thursday, April 18th. This represents a $4.52 annualized dividend and a yield of 1.59%. Williams-Sonoma’s dividend payout ratio is 31.02%.

Analysts Set New Price Targets

Several research analysts have weighed in on WSM shares. Loop Capital upped their target price on Williams-Sonoma from $220.00 to $290.00 and gave the stock a “hold” rating in a research report on Friday, March 15th. Barclays upped their target price on Williams-Sonoma from $146.00 to $232.00 and gave the stock an “underweight” rating in a research report on Friday, March 15th. Telsey Advisory Group upped their price target on Williams-Sonoma from $320.00 to $340.00 and gave the stock an “outperform” rating in a research note on Monday, March 25th. StockNews.com downgraded Williams-Sonoma from a “buy” rating to a “hold” rating in a research note on Monday, April 8th. Finally, Wedbush reiterated an “outperform” rating and set a $330.00 price target on shares of Williams-Sonoma in a research note on Thursday, March 21st. Four investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Williams-Sonoma has a consensus rating of “Hold” and a consensus price target of $248.06.

Insider Buying and Selling at Williams-Sonoma

In other Williams-Sonoma news, CEO Marta Benson sold 17,816 shares of the company’s stock in a transaction that occurred on Thursday, April 4th. The stock was sold at an average price of $308.19, for a total value of $5,490,713.04. Following the completion of the transaction, the chief executive officer now owns 68,597 shares of the company’s stock, valued at approximately $21,140,909.43. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other Williams-Sonoma news, CEO Laura Alber sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $283.74, for a total value of $5,674,800.00. Following the completion of the transaction, the chief executive officer now owns 505,509 shares of the company’s stock, valued at approximately $143,433,123.66. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Marta Benson sold 17,816 shares of the company’s stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of $308.19, for a total value of $5,490,713.04. Following the completion of the transaction, the chief executive officer now directly owns 68,597 shares of the company’s stock, valued at approximately $21,140,909.43. The disclosure for this sale can be found here. Insiders sold a total of 41,145 shares of company stock valued at $12,182,219 in the last quarter. Corporate insiders own 1.60% of the company’s stock.

Williams-Sonoma Profile

Williams-Sonoma, Inc operates as an omni-channel specialty retailer of various products for home. It offers cooking, dining, and entertaining products, such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma Home brand, as well as home furnishings and decorative accessories under the Williams Sonoma lifestyle brand; and furniture, bedding, lighting, rugs, table essentials, and decorative accessories under the Pottery Barn brand.