OppenheimerFunds Inc. increased its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 6.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,089 shares of the specialty retailer’s stock after purchasing an additional 1,648 shares during the quarter. OppenheimerFunds Inc.’s holdings in Williams-Sonoma were worth $1,504,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently bought and sold shares of the company. Ffcm LLC purchased a new stake in Williams-Sonoma during the 3rd quarter worth about $125,000. Rational Advisors LLC purchased a new stake in Williams-Sonoma in the 4th quarter valued at about $171,000. Private Trust Co. NA purchased a new stake in Williams-Sonoma in the 4th quarter valued at about $203,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Williams-Sonoma by 49.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,340 shares of the specialty retailer’s stock valued at $224,000 after buying an additional 1,429 shares during the period. Finally, Pratt Collard Advisory Partners LLC purchased a new stake in Williams-Sonoma in the 4th quarter valued at about $260,000.
Several analysts have commented on the company. Jefferies Group restated a “hold” rating on shares of Williams-Sonoma in a report on Sunday, November 19th. Zacks Investment Research upgraded Williams-Sonoma from a “sell” rating to a “hold” rating in a report on Tuesday, November 21st. Oppenheimer restated a “hold” rating on shares of Williams-Sonoma in a report on Friday, November 17th. Gordon Haskett cut Williams-Sonoma from a “hold” rating to a “reduce” rating in a report on Friday, November 17th. Finally, Moffett Nathanson assumed coverage on Williams-Sonoma in a report on Monday, December 4th. They issued a “neutral” rating for the company. Six equities research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $51.20.
The business also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Thursday, January 25th were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 2.96%. The ex-dividend date was Wednesday, January 24th. Williams-Sonoma’s dividend payout ratio (DPR) is presently 44.19%.
Williams-Sonoma Company Profile
Williams-Sonoma, Inc is a multi-channel specialty retailer of products for the home. The Company operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom. It operates through two segments: e-commerce and retail. The e-commerce segment has various merchandising strategies, such as Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation and Mark and Graham, which sell its products through the Company’s e-commerce Websites and direct-mail catalogs.
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