Mitsubishi UFJ Trust & Banking Corp Buys 6,618 Shares of Williams-Sonoma, Inc. (NYSE:WSM)

Mitsubishi UFJ Trust & Banking Corp grew its position in shares of Williams-Sonoma, Inc. (NYSE:WSMFree Report) by 6.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 103,842 shares of the specialty retailer’s stock after acquiring an additional 6,618 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned about 0.16% of Williams-Sonoma worth $16,137,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bogart Wealth LLC bought a new position in shares of Williams-Sonoma during the 2nd quarter valued at approximately $25,000. Bessemer Group Inc. boosted its position in shares of Williams-Sonoma by 863.6% during the 4th quarter. Bessemer Group Inc. now owns 212 shares of the specialty retailer’s stock valued at $25,000 after acquiring an additional 190 shares during the last quarter. Denali Advisors LLC bought a new position in shares of Williams-Sonoma during the 3rd quarter valued at approximately $32,000. Quarry LP lifted its position in Williams-Sonoma by 229.8% in the first quarter. Quarry LP now owns 277 shares of the specialty retailer’s stock worth $34,000 after buying an additional 193 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its position in Williams-Sonoma by 820.0% in the third quarter. First Horizon Advisors Inc. now owns 230 shares of the specialty retailer’s stock worth $36,000 after buying an additional 205 shares during the last quarter. 99.76% of the stock is currently owned by institutional investors.

Williams-Sonoma Stock Performance

Shares of WSM stock opened at $226.80 on Tuesday. Williams-Sonoma, Inc. has a fifty-two week low of $109.44 and a fifty-two week high of $231.16. The firm has a market capitalization of $14.55 billion, a price-to-earnings ratio of 15.74, a PEG ratio of 1.49 and a beta of 1.63. The stock’s 50-day simple moving average is $202.60 and its 200-day simple moving average is $169.84.

Williams-Sonoma (NYSE:WSMGet Free Report) last released its earnings results on Thursday, November 16th. The specialty retailer reported $3.66 EPS for the quarter, topping analysts’ consensus estimates of $3.34 by $0.32. Williams-Sonoma had a return on equity of 59.65% and a net margin of 11.99%. The firm had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.95 billion. As a group, equities analysts forecast that Williams-Sonoma, Inc. will post 14.47 earnings per share for the current year.

Williams-Sonoma Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 23rd. Shareholders of record on Friday, January 19th will be issued a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date of this dividend is Thursday, January 18th. Williams-Sonoma’s payout ratio is presently 24.98%.

Insider Buying and Selling at Williams-Sonoma

In other news, CEO Marta Benson sold 5,374 shares of the business’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $178.86, for a total value of $961,193.64. Following the completion of the sale, the chief executive officer now directly owns 48,864 shares in the company, valued at $8,739,815.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, CEO Marta Benson sold 5,374 shares of the business’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $178.86, for a total value of $961,193.64. Following the completion of the sale, the chief executive officer now directly owns 48,864 shares in the company, valued at $8,739,815.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Laura Alber sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $201.92, for a total value of $4,038,400.00. Following the completion of the sale, the chief executive officer now owns 525,509 shares of the company’s stock, valued at $106,110,777.28. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 27,319 shares of company stock valued at $5,349,402. 1.70% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on WSM shares. Morgan Stanley raised their price target on Williams-Sonoma from $125.00 to $155.00 and gave the stock an “underweight” rating in a research report on Friday, November 17th. JPMorgan Chase & Co. raised their price target on Williams-Sonoma from $135.00 to $145.00 and gave the stock an “underweight” rating in a research report on Friday, November 17th. Jefferies Financial Group upgraded Williams-Sonoma from an “underperform” rating to a “hold” rating and raised their price target for the stock from $116.00 to $144.00 in a research report on Tuesday, October 31st. Wedbush upgraded Williams-Sonoma from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $175.00 to $230.00 in a research report on Thursday, January 11th. Finally, UBS Group lifted their target price on Williams-Sonoma from $110.00 to $140.00 and gave the stock a “sell” rating in a research report on Friday, November 17th. Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $157.75.

View Our Latest Analysis on WSM

Williams-Sonoma Company Profile

(Free Report)

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.

Featured Stories

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:WSMFree Report).

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.