Citizens Financial Group Inc RI Makes New Investment in Williams-Sonoma, Inc. (NYSE:WSM)

Citizens Financial Group Inc RI acquired a new stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 489 shares of the specialty retailer’s stock, valued at approximately $36,000.

Several other institutional investors and hedge funds have also modified their holdings of WSM. Marshall Wace North America L.P. purchased a new stake in shares of Williams-Sonoma during the 1st quarter valued at $56,000. Amundi Pioneer Asset Management Inc. lifted its holdings in shares of Williams-Sonoma by 5.1% during the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 37,903 shares of the specialty retailer’s stock valued at $2,133,000 after purchasing an additional 1,839 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of Williams-Sonoma by 2.3% during the 2nd quarter. BlackRock Inc. now owns 7,772,596 shares of the specialty retailer’s stock valued at $505,218,000 after purchasing an additional 177,769 shares during the last quarter. Stephens Inc. AR lifted its holdings in shares of Williams-Sonoma by 9.1% during the 3rd quarter. Stephens Inc. AR now owns 3,471 shares of the specialty retailer’s stock valued at $236,000 after purchasing an additional 290 shares during the last quarter. Finally, Brinker Capital Inc. lifted its holdings in shares of Williams-Sonoma by 2.3% during the 3rd quarter. Brinker Capital Inc. now owns 15,989 shares of the specialty retailer’s stock valued at $1,087,000 after purchasing an additional 359 shares during the last quarter. Hedge funds and other institutional investors own 99.69% of the company’s stock.

Several analysts have recently commented on the company. Oppenheimer upgraded Williams-Sonoma from a “market perform” rating to an “outperform” rating and set a $90.00 price objective for the company in a report on Tuesday, January 28th. Wedbush reiterated a “hold” rating and set a $67.00 price objective on shares of Williams-Sonoma in a report on Friday, November 22nd. Morgan Stanley increased their price objective on Williams-Sonoma from $60.00 to $68.00 and gave the company an “underweight” rating in a report on Wednesday, January 22nd. Barclays assumed coverage on Williams-Sonoma in a report on Tuesday, November 12th. They set an “overweight” rating and a $77.00 price objective for the company. Finally, ValuEngine lowered Williams-Sonoma from a “hold” rating to a “sell” rating in a report on Saturday, November 23rd. Four equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $69.11.

NYSE WSM opened at $73.67 on Friday. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.29 and a quick ratio of 0.31. The stock’s fifty day moving average price is $73.74 and its 200 day moving average price is $69.55. Williams-Sonoma, Inc. has a 1 year low of $50.14 and a 1 year high of $77.00. The company has a market cap of $5.74 billion, a price-to-earnings ratio of 17.05, a PEG ratio of 1.87 and a beta of 0.92.

Williams-Sonoma (NYSE:WSM) last released its earnings results on Thursday, November 21st. The specialty retailer reported $1.02 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.02. Williams-Sonoma had a return on equity of 33.81% and a net margin of 5.86%. The firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the prior year, the firm earned $0.95 EPS. The firm’s revenue was up 6.3% on a year-over-year basis. Research analysts expect that Williams-Sonoma, Inc. will post 4.74 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, January 24th will be given a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 2.61%. The ex-dividend date of this dividend is Thursday, January 23rd. Williams-Sonoma’s payout ratio is 43.05%.

In related news, CEO Laura Alber sold 20,000 shares of the company’s stock in a transaction on Friday, January 17th. The stock was sold at an average price of $76.71, for a total value of $1,534,200.00. Following the transaction, the chief executive officer now directly owns 376,261 shares of the company’s stock, valued at approximately $28,862,981.31. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Over the last three months, insiders sold 50,000 shares of company stock worth $3,692,550. 0.87% of the stock is owned by insiders.

About Williams-Sonoma

Williams-Sonoma, Inc operates as a multi-channel specialty retailer of various products for home. It operates through two segments, E-commerce and Retail. The company offers cooking, dining, and entertaining products, including cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma brand, as well as home furnishings and decorative accessories under the Williams Sonoma Home brand; and furniture, bedding, bathroom accessories, rugs, curtains, lighting, tabletop, outdoor, and decorative accessories under the Pottery Barn brand.

Recommended Story: P/E Growth (PEG)

Want to see what other hedge funds are holding WSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Williams-Sonoma, Inc. (NYSE:WSM).

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

Receive News & Ratings for Williams-Sonoma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams-Sonoma and related companies with MarketBeat.com's FREE daily email newsletter.