Williams-Sonoma, Inc. (NYSE:WSM) has been assigned a consensus recommendation of “Hold” from the twenty-eight brokerages that are covering the stock, MarketBeat reports. Six research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and three have assigned a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $50.41.
Several brokerages have weighed in on WSM. Jefferies Group reaffirmed a “hold” rating on shares of Williams-Sonoma in a research report on Sunday, November 19th. Moffett Nathanson began coverage on Williams-Sonoma in a research report on Monday, December 4th. They issued a “neutral” rating on the stock. Zacks Investment Research raised Williams-Sonoma from a “sell” rating to a “hold” rating in a research report on Tuesday, November 21st. Oppenheimer reaffirmed a “hold” rating on shares of Williams-Sonoma in a research report on Friday, November 17th. Finally, Robert W. Baird set a $48.00 target price on Williams-Sonoma and gave the stock a “hold” rating in a research report on Tuesday, October 31st.
Hedge funds and other institutional investors have recently modified their holdings of the company. Ffcm LLC bought a new stake in Williams-Sonoma during the 3rd quarter valued at approximately $125,000. Rational Advisors LLC bought a new stake in Williams-Sonoma during the 4th quarter valued at approximately $171,000. Private Trust Co. NA bought a new stake in Williams-Sonoma during the 4th quarter valued at approximately $203,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Williams-Sonoma by 49.1% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,340 shares of the specialty retailer’s stock valued at $224,000 after purchasing an additional 1,429 shares during the period. Finally, Quadrature Capital Ltd bought a new stake in Williams-Sonoma during the 4th quarter valued at approximately $236,000.
Shares of Williams-Sonoma (NYSE WSM) traded up $0.64 during mid-day trading on Friday, reaching $53.25. The company’s stock had a trading volume of 1,418,137 shares, compared to its average volume of 1,481,807. Williams-Sonoma has a 12 month low of $42.68 and a 12 month high of $55.89. The firm has a market cap of $4,490.00, a price-to-earnings ratio of 15.12, a P/E/G ratio of 1.32 and a beta of 0.87.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 23rd. Stockholders of record on Thursday, January 25th will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date of this dividend is Wednesday, January 24th. Williams-Sonoma’s dividend payout ratio is 44.19%.
TRADEMARK VIOLATION NOTICE: This article was first reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this article on another domain, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The correct version of this article can be read at https://www.dispatchtribunal.com/2018/02/22/williams-sonoma-inc-wsm-receives-average-rating-of-hold-from-brokerages-2.html.
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.
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.