Campbell & CO Investment Adviser LLC Acquires Shares of 3,660 Williams-Sonoma, Inc. (NYSE:WSM)

Campbell & CO Investment Adviser LLC acquired a new stake in shares of Williams-Sonoma, Inc. (NYSE:WSMFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,660 shares of the specialty retailer’s stock, valued at approximately $739,000.

Several other institutional investors have also added to or reduced their stakes in WSM. MCF Advisors LLC purchased a new stake in shares of Williams-Sonoma in the fourth quarter worth about $25,000. Loomis Sayles & Co. L P lifted its holdings in shares of Williams-Sonoma by 129.3% in the third quarter. Loomis Sayles & Co. L P now owns 188 shares of the specialty retailer’s stock worth $29,000 after buying an additional 106 shares in the last quarter. Lindbrook Capital LLC lifted its holdings in shares of Williams-Sonoma by 30.5% in the fourth quarter. Lindbrook Capital LLC now owns 231 shares of the specialty retailer’s stock worth $47,000 after buying an additional 54 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new stake in shares of Williams-Sonoma in the fourth quarter worth about $53,000. Finally, BKM Wealth Management LLC purchased a new stake in shares of Williams-Sonoma in the fourth quarter worth about $54,000. 99.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on WSM. Evercore ISI raised their target price on shares of Williams-Sonoma from $310.00 to $315.00 and gave the company an “in-line” rating in a research note on Tuesday, May 14th. UBS Group raised their target price on shares of Williams-Sonoma from $195.00 to $255.00 and gave the company a “sell” rating in a research note on Tuesday, March 19th. Robert W. Baird raised their target price on shares of Williams-Sonoma from $200.00 to $300.00 and gave the company a “neutral” rating in a research note on Thursday, March 14th. Needham & Company LLC reaffirmed a “hold” rating on shares of Williams-Sonoma in a research note on Thursday, May 23rd. Finally, Morgan Stanley raised their target price on shares of Williams-Sonoma from $270.00 to $290.00 and gave the company an “equal weight” rating in a research note on Thursday, May 23rd. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $262.13.

Get Our Latest Report on WSM

Insider Activity at Williams-Sonoma

In related news, insider Monica Bhargava sold 8,931 shares of Williams-Sonoma stock in a transaction on Thursday, June 6th. The shares were sold at an average price of $298.28, for a total value of $2,663,938.68. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, insider Monica Bhargava sold 8,931 shares of Williams-Sonoma stock in a transaction on Thursday, June 6th. The shares were sold at an average price of $298.28, for a total value of $2,663,938.68. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Laura Alber sold 20,000 shares of Williams-Sonoma stock in a transaction on Friday, March 15th. The shares were sold at an average price of $283.74, for a total transaction of $5,674,800.00. Following the completion of the sale, the chief executive officer now owns 505,509 shares in the company, valued at approximately $143,433,123.66. The disclosure for this sale can be found here. Insiders have sold a total of 80,076 shares of company stock worth $24,095,258 over the last quarter. Corporate insiders own 1.50% of the company’s stock.

Williams-Sonoma Stock Performance

Shares of Williams-Sonoma stock opened at $292.25 on Friday. Williams-Sonoma, Inc. has a 52-week low of $117.89 and a 52-week high of $348.51. The stock has a market capitalization of $18.79 billion, a price-to-earnings ratio of 17.94, a P/E/G ratio of 2.30 and a beta of 1.76. The company’s 50 day moving average price is $296.71 and its 200-day moving average price is $247.30.

Williams-Sonoma (NYSE:WSMGet Free Report) last issued its earnings results on Wednesday, March 13th. The specialty retailer reported $5.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.06 by $0.38. Williams-Sonoma had a net margin of 13.83% and a return on equity of 54.50%. The firm had revenue of $2.28 billion for the quarter, compared to analysts’ expectations of $2.22 billion. During the same quarter last year, the business earned $5.50 earnings per share. The business’s revenue was down 7.1% on a year-over-year basis. As a group, equities research analysts forecast that Williams-Sonoma, Inc. will post 15.88 earnings per share for the current fiscal year.

Williams-Sonoma Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Friday, April 19th were issued a $1.13 dividend. The ex-dividend date was Thursday, April 18th. This represents a $4.52 annualized dividend and a yield of 1.55%. This is a boost from Williams-Sonoma’s previous quarterly dividend of $0.90. Williams-Sonoma’s payout ratio is 27.75%.

About Williams-Sonoma

(Free Report)

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.

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

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