Williams-Sonoma, Inc. (WSM) Shares Sold by Ladenburg Thalmann Financial Services Inc.

Ladenburg Thalmann Financial Services Inc. reduced its position in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 25.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,831 shares of the specialty retailer’s stock after selling 1,942 shares during the period. Ladenburg Thalmann Financial Services Inc.’s holdings in Williams-Sonoma were worth $291,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Ffcm LLC acquired a new stake in Williams-Sonoma during the third quarter worth approximately $125,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Williams-Sonoma by 10.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,911 shares of the specialty retailer’s stock worth $141,000 after acquiring an additional 274 shares during the last quarter. Franklin Resources Inc. acquired a new stake in Williams-Sonoma during the second quarter worth approximately $182,000. Koch Industries Inc. acquired a new stake in Williams-Sonoma during the second quarter worth approximately $207,000. Finally, High Falls Advisors Inc boosted its position in Williams-Sonoma by 7.7% during the second quarter. High Falls Advisors Inc now owns 4,343 shares of the specialty retailer’s stock worth $211,000 after acquiring an additional 312 shares during the last quarter. 96.62% of the stock is owned by institutional investors.

Williams-Sonoma, Inc. (NYSE WSM) opened at $55.49 on Friday. The stock has a market cap of $4,670.00, a PE ratio of 15.72, a price-to-earnings-growth ratio of 1.59 and a beta of 0.89. Williams-Sonoma, Inc. has a one year low of $42.68 and a one year high of $55.89.

Williams-Sonoma (NYSE:WSM) last released its earnings results on Thursday, November 16th. The specialty retailer reported $0.84 EPS for the quarter, hitting analysts’ consensus estimates of $0.84. Williams-Sonoma had a net margin of 5.94% and a return on equity of 25.45%. The business had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the previous year, the firm earned $0.78 EPS. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. research analysts anticipate that Williams-Sonoma, Inc. will post 3.54 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, February 23rd. Stockholders of record on Thursday, January 25th will be issued a dividend of $0.39 per share. The ex-dividend date is Wednesday, January 24th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.81%. Williams-Sonoma’s dividend payout ratio is currently 44.19%.

A number of equities analysts have weighed in on the stock. Zacks Investment Research downgraded shares of Williams-Sonoma from a “hold” rating to a “sell” rating in a research note on Saturday. Moffett Nathanson started coverage on shares of Williams-Sonoma in a research note on Monday, December 4th. They set a “neutral” rating on the stock. Jefferies Group reaffirmed a “hold” rating on shares of Williams-Sonoma in a research note on Sunday, November 19th. Bank of America dropped their price target on shares of Williams-Sonoma from $40.00 to $38.00 and set an “underperform” rating on the stock in a research note on Friday, November 17th. Finally, Morgan Stanley began coverage on shares of Williams-Sonoma in a research note on Friday, November 17th. They set a “hold” rating and a $48.00 price target on the stock. Seven equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and three have issued a buy rating to the company. Williams-Sonoma has a consensus rating of “Hold” and an average target price of $51.25.

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Williams-Sonoma 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.

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

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