National Bank of Canada FI Buys 1,297 Shares of Williams-Sonoma, Inc. (NYSE:WSM)

National Bank of Canada FI raised its stake in shares of Williams-Sonoma, Inc. (NYSE:WSMGet Rating) by 11.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,401 shares of the specialty retailer’s stock after buying an additional 1,297 shares during the period. National Bank of Canada FI’s holdings in Williams-Sonoma were worth $1,735,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. New York State Common Retirement Fund raised its holdings in Williams-Sonoma by 2.0% during the first quarter. New York State Common Retirement Fund now owns 88,003 shares of the specialty retailer’s stock valued at $12,760,000 after buying an additional 1,701 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in Williams-Sonoma by 42.0% during the first quarter. Russell Investments Group Ltd. now owns 146,185 shares of the specialty retailer’s stock valued at $21,194,000 after buying an additional 43,271 shares in the last quarter. Motley Fool Asset Management LLC raised its holdings in Williams-Sonoma by 3,721.4% during the first quarter. Motley Fool Asset Management LLC now owns 1,605 shares of the specialty retailer’s stock valued at $233,000 after buying an additional 1,563 shares in the last quarter. Advisor Group Holdings Inc. increased its stake in shares of Williams-Sonoma by 4.6% in the first quarter. Advisor Group Holdings Inc. now owns 37,857 shares of the specialty retailer’s stock worth $5,472,000 after purchasing an additional 1,669 shares during the period. Finally, Speece Thorson Capital Group Inc. increased its stake in shares of Williams-Sonoma by 7.3% in the first quarter. Speece Thorson Capital Group Inc. now owns 73,865 shares of the specialty retailer’s stock worth $10,710,000 after purchasing an additional 5,030 shares during the period. 99.66% of the stock is currently owned by institutional investors.

Williams-Sonoma Trading Up 1.5 %

NYSE WSM opened at $146.98 on Friday. The stock’s 50 day moving average is $128.16 and its two-hundred day moving average is $138.17. The company has a market capitalization of $10.11 billion, a price-to-earnings ratio of 9.54, a PEG ratio of 1.58 and a beta of 1.63. Williams-Sonoma, Inc. has a 1-year low of $101.58 and a 1-year high of $223.32.

Williams-Sonoma (NYSE:WSMGet Rating) last released its quarterly earnings data on Wednesday, May 25th. The specialty retailer reported $3.50 earnings per share for the quarter, beating analysts’ consensus estimates of $2.99 by $0.51. The company had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.81 billion. Williams-Sonoma had a return on equity of 76.64% and a net margin of 13.74%. The company’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the previous year, the business earned $2.93 earnings per share. On average, analysts predict that Williams-Sonoma, Inc. will post 16.08 earnings per share for the current year.

Williams-Sonoma Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 26th. Shareholders of record on Friday, July 22nd will be paid a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date is Thursday, July 21st. Williams-Sonoma’s dividend payout ratio is currently 20.25%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on WSM shares. StockNews.com lowered Williams-Sonoma from a “buy” rating to a “hold” rating in a research note on Thursday, June 23rd. William Blair reiterated a “market perform” rating on shares of Williams-Sonoma in a research note on Thursday, May 26th. Barclays dropped their price objective on Williams-Sonoma from $186.00 to $173.00 and set an “overweight” rating on the stock in a research note on Friday, May 27th. Evercore ISI dropped their price objective on Williams-Sonoma to $135.00 in a research note on Thursday, June 9th. Finally, Morgan Stanley dropped their price objective on Williams-Sonoma from $152.00 to $140.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 20th. Six equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Williams-Sonoma presently has a consensus rating of “Hold” and an average price target of $153.69.

Insider Transactions at Williams-Sonoma

In other news, CFO Julie Whalen sold 5,000 shares of the firm’s stock in a transaction on Tuesday, May 31st. The stock was sold at an average price of $130.00, for a total value of $650,000.00. Following the completion of the sale, the chief financial officer now directly owns 101,239 shares in the company, valued at $13,161,070. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other news, insider Ryan Ross sold 10,400 shares of the firm’s stock in a transaction on Monday, June 6th. The stock was sold at an average price of $127.42, for a total value of $1,325,168.00. Following the completion of the sale, the insider now directly owns 21,269 shares in the company, valued at $2,710,095.98. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Julie Whalen sold 5,000 shares of the firm’s stock in a transaction on Tuesday, May 31st. The shares were sold at an average price of $130.00, for a total value of $650,000.00. Following the completion of the sale, the chief financial officer now owns 101,239 shares of the company’s stock, valued at $13,161,070. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 20,400 shares of company stock worth $2,678,468. Insiders own 1.70% of the company’s stock.

About Williams-Sonoma

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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.

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

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