Williams-Sonoma, Inc. (NYSE:WSM) Shares Acquired by Edgestream Partners L.P.

Edgestream Partners L.P. lifted its position in shares of Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 530.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,764 shares of the specialty retailer's stock after acquiring an additional 8,215 shares during the quarter. Edgestream Partners L.P.'s holdings in Williams-Sonoma were worth $1,544,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Mariner LLC lifted its stake in Williams-Sonoma by 0.4% in the 4th quarter. Mariner LLC now owns 11,225 shares of the specialty retailer's stock valued at $2,079,000 after buying an additional 49 shares in the last quarter. Avantax Advisory Services Inc. lifted its stake in Williams-Sonoma by 2.8% in the 4th quarter. Avantax Advisory Services Inc. now owns 2,575 shares of the specialty retailer's stock valued at $477,000 after buying an additional 70 shares in the last quarter. First Bank & Trust lifted its stake in Williams-Sonoma by 5.1% in the 1st quarter. First Bank & Trust now owns 1,463 shares of the specialty retailer's stock valued at $231,000 after buying an additional 71 shares in the last quarter. Synovus Financial Corp lifted its stake in Williams-Sonoma by 1.1% in the 4th quarter. Synovus Financial Corp now owns 6,969 shares of the specialty retailer's stock valued at $1,291,000 after buying an additional 76 shares in the last quarter. Finally, Siemens Fonds Invest GmbH lifted its stake in Williams-Sonoma by 6.4% in the 4th quarter. Siemens Fonds Invest GmbH now owns 1,396 shares of the specialty retailer's stock valued at $260,000 after buying an additional 84 shares in the last quarter. 99.29% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Williams-Sonoma

In other Williams-Sonoma news, CEO Laura Alber sold 30,000 shares of Williams-Sonoma stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $164.33, for a total value of $4,929,900.00. Following the transaction, the chief executive officer directly owned 996,927 shares in the company, valued at approximately $163,825,013.91. The trade was a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Jeffrey Howie sold 4,000 shares of Williams-Sonoma stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $168.96, for a total transaction of $675,840.00. Following the completion of the transaction, the chief financial officer owned 34,388 shares in the company, valued at approximately $5,810,196.48. This represents a 10.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 72,915 shares of company stock valued at $12,036,346 in the last three months. 1.10% of the stock is currently owned by corporate insiders.

Williams-Sonoma Trading Up 0.1%

Williams-Sonoma stock traded up $0.22 during trading on Friday, hitting $170.42. The company had a trading volume of 1,082,277 shares, compared to its average volume of 1,963,941. Williams-Sonoma, Inc. has a 1-year low of $125.33 and a 1-year high of $219.98. The stock has a market cap of $20.96 billion, a price-to-earnings ratio of 19.30, a price-to-earnings-growth ratio of 2.75 and a beta of 1.45. The company's 50 day simple moving average is $164.79 and its 200-day simple moving average is $174.21.

Williams-Sonoma (NYSE:WSM - Get Free Report) last issued its quarterly earnings results on Thursday, May 22nd. The specialty retailer reported $1.85 EPS for the quarter, beating the consensus estimate of $1.76 by $0.09. Williams-Sonoma had a net margin of 14.35% and a return on equity of 52.79%. The company had revenue of $1.73 billion during the quarter, compared to analysts' expectations of $1.67 billion. During the same quarter last year, the company posted $3.48 EPS. The firm's revenue was up 4.2% compared to the same quarter last year. As a group, analysts forecast that Williams-Sonoma, Inc. will post 8.36 earnings per share for the current fiscal year.

Williams-Sonoma Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 22nd. Shareholders of record on Friday, July 18th will be given a $0.66 dividend. The ex-dividend date of this dividend is Friday, July 18th. This represents a $2.64 annualized dividend and a yield of 1.55%. Williams-Sonoma's dividend payout ratio is presently 29.90%.

Wall Street Analysts Forecast Growth

WSM has been the topic of a number of research reports. Jefferies Financial Group reissued a "buy" rating on shares of Williams-Sonoma in a research note on Tuesday, May 13th. KeyCorp raised shares of Williams-Sonoma from a "sector weight" rating to an "overweight" rating and set a $181.00 target price on the stock in a research note on Friday, April 25th. UBS Group decreased their target price on shares of Williams-Sonoma from $165.00 to $160.00 and set a "neutral" rating on the stock in a research note on Friday, May 23rd. Telsey Advisory Group reissued an "outperform" rating and issued a $215.00 target price on shares of Williams-Sonoma in a research note on Tuesday, June 17th. Finally, Baird R W raised shares of Williams-Sonoma from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 7th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $176.75.

Williams-Sonoma Profile

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.