Williams-Sonoma, Inc. (NYSE:WSM) Stock Holdings Increased by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC boosted its position in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 65.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 69,512 shares of the specialty retailer’s stock after purchasing an additional 27,469 shares during the period. Mutual of America Capital Management LLC owned 0.06% of Williams-Sonoma worth $10,769,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Motley Fool Asset Management LLC boosted its stake in Williams-Sonoma by 4.4% in the first quarter. Motley Fool Asset Management LLC now owns 1,225 shares of the specialty retailer’s stock valued at $389,000 after acquiring an additional 52 shares during the last quarter. Quent Capital LLC boosted its stake in Williams-Sonoma by 19.7% in the 1st quarter. Quent Capital LLC now owns 358 shares of the specialty retailer’s stock worth $114,000 after purchasing an additional 59 shares during the period. EntryPoint Capital LLC grew its holdings in shares of Williams-Sonoma by 520.0% during the first quarter. EntryPoint Capital LLC now owns 93 shares of the specialty retailer’s stock worth $30,000 after buying an additional 78 shares in the last quarter. Diversify Advisory Services LLC grew its stake in shares of Williams-Sonoma by 2.6% during the 3rd quarter. Diversify Advisory Services LLC now owns 3,226 shares of the specialty retailer’s stock worth $500,000 after acquiring an additional 81 shares in the last quarter. Finally, TFG Advisers LLC grew its position in Williams-Sonoma by 3.1% in the second quarter. TFG Advisers LLC now owns 2,746 shares of the specialty retailer’s stock valued at $776,000 after purchasing an additional 83 shares in the last quarter. 99.29% of the stock is currently owned by institutional investors and hedge funds.

Williams-Sonoma Trading Down 0.1 %

Shares of NYSE WSM opened at $130.65 on Monday. The business has a 50-day moving average of $141.35 and a 200-day moving average of $144.50. The firm has a market capitalization of $16.51 billion, a price-to-earnings ratio of 15.69, a PEG ratio of 2.57 and a beta of 1.76. Williams-Sonoma, Inc. has a 12 month low of $80.49 and a 12 month high of $174.26.

Williams-Sonoma (NYSE:WSM) last issued its quarterly earnings results on Thursday, August 22nd. The specialty retailer reported $1.74 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.13. Williams-Sonoma had a net margin of 14.29% and a return on equity of 51.57%. The firm had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the prior year, the firm earned $1.56 EPS. The business’s revenue for the quarter was down 4.0% compared to the same quarter last year. On average, analysts predict that Williams-Sonoma, Inc. will post 7.99 earnings per share for the current year.

Williams-Sonoma Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Friday, October 18th will be issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date of this dividend is Friday, October 18th. Williams-Sonoma’s payout ratio is currently 27.39%.

Insider Activity

In other news, EVP Karalyn Smith sold 11,100 shares of the firm’s stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of $134.66, for a total transaction of $1,494,726.00. Following the transaction, the executive vice president now directly owns 15,150 shares of the company’s stock, valued at approximately $2,040,099. This trade represents a 42.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Laura Alber sold 40,000 shares of the business’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $145.27, for a total value of $5,810,800.00. Following the completion of the sale, the chief executive officer now directly owns 1,030,956 shares of the company’s stock, valued at approximately $149,766,978.12. This trade represents a 3.73 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on WSM shares. Telsey Advisory Group restated an “outperform” rating and set a $165.00 target price on shares of Williams-Sonoma in a report on Friday. Evercore ISI lowered their price target on shares of Williams-Sonoma from $155.00 to $135.00 and set an “in-line” rating on the stock in a research report on Wednesday, August 7th. Citigroup dropped their price objective on Williams-Sonoma from $140.00 to $134.00 and set a “neutral” rating for the company in a report on Friday, November 8th. Royal Bank of Canada dropped their target price on shares of Williams-Sonoma from $150.00 to $147.00 and set an “outperform” rating for the company in a research report on Friday, August 23rd. Finally, Jefferies Financial Group upgraded Williams-Sonoma from a “hold” rating to a “buy” rating and upped their price objective for the stock from $148.00 to $156.00 in a research report on Wednesday, September 11th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $139.47.

About Williams-Sonoma

Williams-Sonoma, Inc operates as an omni-channel specialty retailer of various products for home. It offers cooking, dining, and entertaining products, such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma Home brand, as well as home furnishings and decorative accessories under the Williams Sonoma lifestyle brand; and furniture, bedding, lighting, rugs, table essentials, and decorative accessories under the Pottery Barn brand.