Victory Capital Management Inc. grew its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 1.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 34,464 shares of the specialty retailer’s stock after buying an additional 457 shares during the quarter. Victory Capital Management Inc.’s holdings in Williams-Sonoma were worth $1,739,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of WSM. Stone Ridge Asset Management LLC lifted its holdings in Williams-Sonoma by 10.3% in the third quarter. Stone Ridge Asset Management LLC now owns 26,687 shares of the specialty retailer’s stock valued at $1,754,000 after buying an additional 2,500 shares during the period. Cullinan Associates Inc. acquired a new position in shares of Williams-Sonoma during the fourth quarter valued at about $2,568,000. Grace & White Inc. NY raised its holdings in shares of Williams-Sonoma by 7.5% during the fourth quarter. Grace & White Inc. NY now owns 118,700 shares of the specialty retailer’s stock valued at $5,989,000 after purchasing an additional 8,300 shares during the period. Campbell & CO Investment Adviser LLC acquired a new position in shares of Williams-Sonoma during the third quarter valued at about $243,000. Finally, Oppenheimer & Co. Inc. acquired a new position in shares of Williams-Sonoma during the third quarter valued at about $220,000.
WSM opened at $58.85 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.38 and a current ratio of 1.54. The stock has a market capitalization of $4.45 billion, a price-to-earnings ratio of 16.30, a P/E/G ratio of 1.73 and a beta of 0.94. Williams-Sonoma, Inc. has a twelve month low of $45.01 and a twelve month high of $73.99.
The business also recently announced a quarterly dividend, which was paid on Friday, February 22nd. Shareholders of record on Friday, January 25th were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 2.92%. The ex-dividend date of this dividend was Thursday, January 24th. Williams-Sonoma’s payout ratio is 47.65%.
WSM has been the topic of several research reports. Credit Suisse Group set a $55.00 price objective on shares of Williams-Sonoma and gave the company a “sell” rating in a report on Monday, November 5th. Loop Capital decreased their target price on shares of Williams-Sonoma to $58.00 and set a “hold” rating for the company in a research report on Friday, November 16th. They noted that the move was a valuation call. Wedbush set a $63.00 target price on shares of Williams-Sonoma and gave the stock a “hold” rating in a research report on Friday, November 16th. Deutsche Bank decreased their target price on shares of Williams-Sonoma from $65.00 to $60.00 and set a “hold” rating for the company in a research report on Friday, November 16th. Finally, Royal Bank of Canada decreased their target price on shares of Williams-Sonoma to $62.00 and set a “hold” rating for the company in a research report on Friday, November 16th. Four research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and one has issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $58.40.
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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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