Amalgamated Bank Has $9.44 Million Stock Position in Williams-Sonoma, Inc. (NYSE:WSM)

Amalgamated Bank increased its holdings in Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 11.0% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 46,800 shares of the specialty retailer's stock after acquiring an additional 4,651 shares during the period. Amalgamated Bank owned approximately 0.07% of Williams-Sonoma worth $9,443,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MCF Advisors LLC acquired a new stake in Williams-Sonoma in the 4th quarter valued at approximately $25,000. Loomis Sayles & Co. L P lifted its stake in Williams-Sonoma by 129.3% during the 3rd quarter. Loomis Sayles & Co. L P now owns 188 shares of the specialty retailer's stock worth $29,000 after acquiring an additional 106 shares in the last quarter. First Horizon Advisors Inc. boosted its holdings in Williams-Sonoma by 820.0% during the 3rd quarter. First Horizon Advisors Inc. now owns 230 shares of the specialty retailer's stock valued at $36,000 after acquiring an additional 205 shares during the period. Lindbrook Capital LLC boosted its holdings in Williams-Sonoma by 30.5% during the 4th quarter. Lindbrook Capital LLC now owns 231 shares of the specialty retailer's stock valued at $47,000 after acquiring an additional 54 shares during the period. Finally, Larson Financial Group LLC acquired a new position in Williams-Sonoma in the 3rd quarter valued at about $51,000. Institutional investors and hedge funds own 99.29% of the company's stock.

Williams-Sonoma Stock Up 4.3 %

WSM traded up $12.46 on Friday, reaching $304.70. The company had a trading volume of 1,104,285 shares, compared to its average volume of 809,075. Williams-Sonoma, Inc. has a 1 year low of $109.44 and a 1 year high of $319.78. The stock has a market capitalization of $19.58 billion, a PE ratio of 20.91, a P/E/G ratio of 2.46 and a beta of 1.72. The stock has a 50-day moving average price of $281.84 and a 200-day moving average price of $222.62.

Williams-Sonoma (NYSE:WSM - Get Free Report) last announced its quarterly earnings results on Wednesday, March 13th. The specialty retailer reported $5.44 earnings per share for the quarter, beating analysts' consensus estimates of $5.06 by $0.38. Williams-Sonoma had a net margin of 12.25% and a return on equity of 55.15%. The firm had revenue of $2.28 billion during the quarter, compared to analysts' expectations of $2.22 billion. During the same period in the previous year, the company earned $5.50 earnings per share. Williams-Sonoma's quarterly revenue was down 7.1% compared to the same quarter last year. As a group, analysts expect that Williams-Sonoma, Inc. will post 15.37 earnings per share for the current fiscal year.

Williams-Sonoma Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 24th. Investors of record on Friday, April 19th will be given a $1.13 dividend. The ex-dividend date is Thursday, April 18th. This is a boost from Williams-Sonoma's previous quarterly dividend of $0.90. This represents a $4.52 dividend on an annualized basis and a yield of 1.48%. Williams-Sonoma's payout ratio is 31.02%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Needham & Company LLC reissued a "hold" rating on shares of Williams-Sonoma in a research note on Wednesday, April 3rd. Loop Capital increased their target price on shares of Williams-Sonoma from $220.00 to $290.00 and gave the stock a "hold" rating in a report on Friday, March 15th. StockNews.com lowered shares of Williams-Sonoma from a "buy" rating to a "hold" rating in a report on Monday, April 8th. Barclays increased their target price on shares of Williams-Sonoma from $146.00 to $232.00 and gave the stock an "underweight" rating in a report on Friday, March 15th. Finally, Robert W. Baird increased their target price on shares of Williams-Sonoma from $200.00 to $300.00 and gave the stock a "neutral" rating in a report on Thursday, March 14th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat, Williams-Sonoma currently has a consensus rating of "Hold" and a consensus price target of $256.19.

Insider Activity at Williams-Sonoma

In other Williams-Sonoma news, EVP Karalyn Smith sold 1,145 shares of Williams-Sonoma stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $289.06, for a total value of $330,973.70. Following the transaction, the executive vice president now directly owns 6,966 shares in the company, valued at $2,013,591.96. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other Williams-Sonoma news, CEO Marta Benson sold 2,184 shares of Williams-Sonoma stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of $313.98, for a total value of $685,732.32. Following the transaction, the chief executive officer now directly owns 48,364 shares in the company, valued at $15,185,328.72. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Karalyn Smith sold 1,145 shares of Williams-Sonoma stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $289.06, for a total transaction of $330,973.70. Following the completion of the transaction, the executive vice president now owns 6,966 shares in the company, valued at $2,013,591.96. The disclosure for this sale can be found here. Insiders sold a total of 41,145 shares of company stock valued at $12,182,219 over the last ninety days. Insiders own 1.50% of the company's stock.

About Williams-Sonoma

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.