LFA Lugano Financial Advisors SA reduces its equity position in Williams-Sonoma, Inc. (NYSE:WSM)

Financial Advisors


LFA Lugano Financial Advisors SA reduced its stake in Williams-Sonoma, Inc. (NYSE:WSM – Get Rating) by 50.0% in the fourth quarter, according to the latest 13F filings with the Securities and Exchange Commission. The institutional investor owned his 1,775 shares of specialty retailer stock after selling his 1,775 shares during the quarter. LFA Lugano Financial Advisors SA’s Williams-Sonoma holdings were valued at $204,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have increased or decreased their stakes in the company as well. Whittier Trust Co. increased his position in Williams-Sonoma by 210.0% in the fourth quarter. Whittier Trust Co. now owns 310 shares of the specialty retailer worth $36,000 after acquiring another 210 shares last quarter. Kistler Tiffany Companies LLC bought a new position in Williams-Sonoma worth about $47,000 in the fourth quarter. Tobam ​​purchased new shares of his Williams-Sonoma stock worth $54,000 in the third quarter. Ronald Blue Trust Inc. increased his Williams-Sonoma stake by 161.0% in the fourth quarter. Ronald Blue Trust Inc. now owns 535 shares of the specialty retailer worth $63,000 after purchasing an additional 330 shares during the period. Finally, CWM LLC increased his Williams-Sonoma stake by 40.2% in the third quarter. After purchasing an additional 158 shares during this period, CWM LLC now owns 551 shares of specialty retailer stock valued at $65,000. 99.49% of the shares are owned by institutional investors.

Analyst Rating Change

Several equity analysts have recently taken notice of WSM stock. StockNews.com downgraded Williams-Sonoma’s rating from ‘buy’ to ‘hold’ in its Friday, March 24 report. Robert W. Baird lowered his price target for Williams-Sonoma from $140.00 to $130.00 in a report on Friday, March 17. Wedbush raised his price target for Williams-Sonoma from his $110.00 to his $115.00, giving the company a “neutral” rating in a report on Thursday, March 9. Royal Bank of Canada lowered its price target on Williams-Sonoma to $143.00 from $151.00, giving it an “outperform” rating in its report on Friday, March 17. Finally, Loop Capital lowered its price target for Williams-Sonoma from $205.00 to $185.00 in his Friday, March 17 report. Five research analysts assigned a sell rating to the company’s stock, eight assigned a hold rating, and four assigned a buy rating. According to MarketBeat, the company’s current consensus rating is “hold” with an average target price of $127.47.

Williams-Sonoma deals up 3.3%

Shares of Williams-Sonoma climbed $3.82 during Friday’s trading hours to reach $118.91. Stocks traded at 553,235 shares, with an average turnover of 1,014,203 shares for him. His 50-day moving average for the stock is $120.02 and its 200-day moving average is $121.87. The company has a market capitalization of $7.81 billion, a PE ratio of 7.21, a PEG ratio of 0.86 and a beta of 1.61. Williams-Sonoma, Inc. has a 12-month low of $101.58 and a 12-month high of $176.89.

Williams-Sonoma (NYSE:WSM – Get Rating) last released quarterly earnings data on Thursday, March 16. The specialty retailer posted earnings per share of $5.50 for the quarter, beating analysts’ consensus forecast of $5.41 by $0.09. Williams-Sonoma had a net profit margin of 13.00% and a return on equity of 80.17%. The business earned him $2.45 billion during the quarter, compared to consensus expectations of $2.6 billion. His earnings per share for the company in the same period last year were his $5.42. The company’s revenue fell 1.9% compared to the same quarter last year. As a group, sell-side analysts expect Williams-Sonoma, Inc. to post his 13.48 earnings per share this year.

Williams-Sonoma increases dividend

The company recently announced a quarterly dividend payable on Friday, May 26th. Dividends of $0.90 will be issued to shareholders of record on Friday, April 21. This is a positive change from Williams-Sonoma’s previous quarterly dividend of $0.78. This represents his $3.60 dividend and his 3.03% dividend yield on an annualized basis. The ex-dividend date for this dividend is Thursday, April 20. Williams-Sonoma’s payout ratio is currently 21.99%.

Profile of Williams-Sonoma

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Williams-Sonoma, Inc is engaged in the retail of household goods. It operates through the Pottery Barn, West Elm, Williams-Sonoma, Pottery Barn Kids, Teens, and Other segments. The Other segment includes net revenues from international franchise operations, Rejuvenation and Mark and Graham.

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Williams-Sonoma (NYSE:WSM) Quarterly Institutional Ownership

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