Williams-Sonoma, Inc. (WSM) Receives Average Rating of “Hold” from Brokerages

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%.

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About Williams-Sonoma

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.

Analyst Recommendations for Williams-Sonoma (NYSE:WSM)

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