Guggenheim Capital LLC Has $1.07 Million Stock Holdings in Williams-Sonoma, Inc. (NYSE:WSM)

Guggenheim Capital LLC cut its position in Williams-Sonoma, Inc. (NYSE:WSM – Get Rating) by 17.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,072 shares of the specialty retailer’s stock after selling 1,908 shares during the period. Guggenheim Capital LLC’s holdings in Williams-Sonoma were worth $1,069,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. SeaCrest Wealth Management LLC acquired a new stake in Williams-Sonoma in the second quarter worth $28,000. C M Bidwell & Associates Ltd. acquired a new stake in Williams-Sonoma in the second quarter worth $32,000. Private Trust Co. NA acquired a new stake in Williams-Sonoma in the second quarter worth $41,000. Quent Capital LLC raised its holdings in Williams-Sonoma by 33.1% in the second quarter. Quent Capital LLC now owns 418 shares of the specialty retailer’s stock worth $46,000 after purchasing an additional 104 shares during the period. Finally, IFP Advisors Inc raised its holdings in Williams-Sonoma by 44.7% in the third quarter. IFP Advisors Inc now owns 812 shares of the specialty retailer’s stock worth $47,000 after purchasing an additional 251 shares during the period. 99.49% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Royal Bank of Canada dropped their price objective on shares of Williams-Sonoma from $192.00 to $151.00 and set an “outperform” rating on the stock in a report on Friday, November 18th. Morgan Stanley lowered shares of Williams-Sonoma from an “equal weight” rating to an “underweight” rating and dropped their price objective for the stock from $150.00 to $100.00 in a report on Monday, November 28th. Wedbush lowered shares of Williams-Sonoma from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $190.00 to $110.00 in a report on Tuesday, November 8th. The Goldman Sachs Group dropped their price objective on shares of Williams-Sonoma from $123.00 to $109.00 and set a “sell” rating on the stock in a report on Monday, December 12th. Finally, Cowen dropped their price objective on shares of Williams-Sonoma from $170.00 to $145.00 and set an “outperform” rating on the stock in a report on Friday, November 18th. Six equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $128.88.

Williams-Sonoma Price Performance

Shares of WSM opened at $120.86 on Tuesday. The firm has a 50-day moving average of $126.02 and a 200-day moving average of $127.32. Williams-Sonoma, Inc. has a one year low of $101.58 and a one year high of $176.89. The company has a market cap of $8.05 billion, a PE ratio of 7.32, a price-to-earnings-growth ratio of 0.89 and a beta of 1.62.

Williams-Sonoma Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 24th. Stockholders of record on Friday, January 20th were given a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a dividend yield of 2.58%. The ex-dividend date of this dividend was Thursday, January 19th. Williams-Sonoma’s dividend payout ratio (DPR) is presently 18.91%.

Williams-Sonoma Profile

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Williams-Sonoma, Inc engages in the retailing of home products. It operates through the following segments: Pottery Barn, West Elm, Williams Sonoma, Pottery Barn Kids and Teen and Other. The Other segment includes net revenues from international franchise operations, Rejuvenation and Mark and Graham.