Afam Capital Inc. Grows Position in Williams-Sonoma, Inc. (WSM)

Afam Capital Inc. lifted its holdings in Williams-Sonoma, Inc. (NYSE:WSM) by 5.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 43,197 shares of the specialty retailer’s stock after acquiring an additional 2,195 shares during the period. Afam Capital Inc.’s holdings in Williams-Sonoma were worth $2,233,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. First Long Island Investors LLC grew its stake in shares of Williams-Sonoma by 0.4% in the fourth quarter. First Long Island Investors LLC now owns 238,382 shares of the specialty retailer’s stock valued at $12,324,000 after acquiring an additional 992 shares in the last quarter. Cribstone Capital Management LLC grew its stake in Williams-Sonoma by 4.7% during the third quarter. Cribstone Capital Management LLC now owns 23,678 shares of the specialty retailer’s stock worth $1,181,000 after buying an additional 1,069 shares in the last quarter. Ironwood Investment Management LLC grew its stake in Williams-Sonoma by 11.1% during the fourth quarter. Ironwood Investment Management LLC now owns 10,739 shares of the specialty retailer’s stock worth $555,000 after buying an additional 1,075 shares in the last quarter. Hutchinson Capital Management CA grew its stake in Williams-Sonoma by 0.3% during the fourth quarter. Hutchinson Capital Management CA now owns 355,512 shares of the specialty retailer’s stock worth $18,380,000 after buying an additional 1,163 shares in the last quarter. Finally, Oxbow Advisors LLC grew its stake in Williams-Sonoma by 3.7% during the third quarter. Oxbow Advisors LLC now owns 35,312 shares of the specialty retailer’s stock worth $1,761,000 after buying an additional 1,270 shares in the last quarter.

A number of equities research analysts have issued reports on the stock. Goldman Sachs Group downgraded shares of Williams-Sonoma from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 16th. Zacks Investment Research downgraded shares of Williams-Sonoma from a “hold” rating to a “sell” rating in a research note on Saturday, January 13th. JPMorgan Chase & Co. downgraded shares of Williams-Sonoma from an “overweight” rating to an “underweight” rating and set a $46.00 price objective on the stock. in a research note on Friday, November 17th. Bank of America reduced their price objective 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, Gordon Haskett downgraded shares of Williams-Sonoma from a “hold” rating to a “reduce” rating in a research note on Friday, November 17th. Six analysts have rated the stock with a sell rating, eighteen have given a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $51.20.

Williams-Sonoma, Inc. (NYSE:WSM) opened at $54.11 on Monday. The company has a market cap of $4,550.00, a PE ratio of 15.33, a PEG ratio of 1.37 and a beta of 0.87. Williams-Sonoma, Inc. has a fifty-two week low of $42.68 and a fifty-two week high of $55.89.

The business also recently announced a quarterly dividend, which will be paid on Friday, February 23rd. Stockholders of record on Thursday, January 25th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Wednesday, January 24th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.88%. Williams-Sonoma’s dividend payout ratio (DPR) is currently 44.19%.

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About Williams-Sonoma

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

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