Williams-Sonoma, Inc. (NYSE:WSM) Stock Holdings Lowered by M. Kulyk & Associates LLC

M. Kulyk & Associates LLC lowered its holdings in Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 36.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,924 shares of the specialty retailer's stock after selling 10,214 shares during the quarter. M. Kulyk & Associates LLC's holdings in Williams-Sonoma were worth $2,834,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of WSM. Sentry Investment Management LLC purchased a new stake in shares of Williams-Sonoma in the 1st quarter worth $32,000. SOA Wealth Advisors LLC. bought a new stake in Williams-Sonoma during the first quarter valued at about $33,000. Wayfinding Financial LLC purchased a new position in shares of Williams-Sonoma in the first quarter valued at about $35,000. Heck Capital Advisors LLC bought a new position in shares of Williams-Sonoma in the fourth quarter worth about $37,000. Finally, Golden State Wealth Management LLC grew its position in shares of Williams-Sonoma by 123.6% during the first quarter. Golden State Wealth Management LLC now owns 246 shares of the specialty retailer's stock worth $39,000 after purchasing an additional 136 shares in the last quarter. 99.29% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Royal Bank Of Canada set a $182.00 price target on Williams-Sonoma and gave the stock an "outperform" rating in a research note on Friday, May 23rd. 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. UBS Group dropped their price objective on Williams-Sonoma from $165.00 to $160.00 and set a "neutral" rating on the stock in a research note on Friday, May 23rd. Barclays set a $166.00 price objective on Williams-Sonoma and gave the stock an "equal weight" rating in a report on Monday, May 19th. Finally, Jefferies Financial Group reiterated a "buy" rating on shares of Williams-Sonoma in a report on Tuesday, May 13th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $176.75.

Insider Activity

In other news, CFO Jeffrey Howie sold 4,000 shares of the business's 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 sale, the chief financial officer directly owned 34,388 shares of the company's stock, valued at $5,810,196.48. The trade was a 10.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Laura Alber sold 30,000 shares of the firm's stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $168.18, for a total value of $5,045,400.00. Following the completion of the transaction, the chief executive officer owned 966,927 shares in the company, valued at approximately $162,617,782.86. This trade represents a 3.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 72,000 shares of company stock valued at $11,906,700 in the last 90 days. 1.10% of the stock is owned by company insiders.

Williams-Sonoma Stock Performance

WSM traded up $6.67 during trading on Tuesday, reaching $178.87. The company's stock had a trading volume of 1,054,019 shares, compared to its average volume of 1,959,989. The company's fifty day moving average price is $164.79 and its 200-day moving average price is $174.12. Williams-Sonoma, Inc. has a 52-week low of $125.33 and a 52-week high of $219.98. The company has a market capitalization of $22.00 billion, a price-to-earnings ratio of 20.26, a price-to-earnings-growth ratio of 2.78 and a beta of 1.45.

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

Williams-Sonoma Dividend Announcement

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 paid a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a yield of 1.48%. The ex-dividend date is Friday, July 18th. Williams-Sonoma's payout ratio is 29.90%.

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.