Williams-Sonoma, Inc. (WSM) Upgraded to "B-" by TheStreet

The stock of Williams-Sonoma, Inc. (NYSE:WSM) by 54.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. Comerica Bank now owns 63,576 shares of the specialty retailer's stock worth $3,143,000 after buying an additional 3,416 shares during the last quarter. (NYSE:WSM). Tiaa Cref Ltd Limited Liability Company invested 0.01% of its portfolio in Williams-Sonoma, Inc.

A number of hedge funds and other institutional investors have recently made changes to their positions in WSM. UBS Asset Management Americas Inc. lifted its holdings in Williams-Sonoma by 132.3% in the 1st quarter. UBS Asset Management Americas Inc. now owns 164,409 shares of the specialty retailer's stock worth $8,816,000 after purchasing an additional 93,645 shares in the last quarter.

TRADEMARK VIOLATION NOTICE: "Williams-Sonoma, Inc". Verition Fund Limited Liability Corp, a Connecticut-based fund reported 381,531 shares. 1832 Asset Management L.P. bought a new position in shares of Williams-Sonoma during the third quarter worth about $2,365,000.

Logan Capital Management Inc increased its stake in Williams Sonoma Inc Com (WSM) by 67.02% based on its latest 2017Q2 regulatory filing with the SEC. Finally, OppenheimerFunds Inc. lifted its holdings in Williams-Sonoma by 35.3% in the 1st quarter. OppenheimerFunds Inc. now owns 25,745 shares of the specialty retailer's stock worth $1,380,000 after purchasing an additional 6,715 shares in the last quarter.

Several other equities analysts have also issued reports on the company. Zacks Investment Research upgraded shares of Williams-Sonoma from a "hold" rating to a "buy" rating and set a $50.00 target price for the company in a research note on Wednesday, August 16th. Zacks Investment Research upgraded Williams-Sonoma from a "sell" rating to a "hold" rating in a research note on Thursday, February 2nd. Two equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and eight have issued a buy rating to the stock. $60.28's average target is 17.25% above currents $51.41 stock price.

Williams-Sonoma (NYSE:WSM) last posted its quarterly earnings data on Wednesday, August 23rd. During the same quarter past year, the company earned $0.58 earnings per share. The specialty retailer reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.02. "(WSM) Shares Sold by Ameriprise Financial Inc." was first published by Week Herald and is the property of of Week Herald. If you are viewing this piece of content on another website, it was illegally stolen and reposted in violation of worldwide copyright & trademark laws. Telsey Advisory Group lowered Williams-Sonoma from an "outperform" rating to a "market perform" rating and cut their target price for the company from $61.00 to $51.00 in a research note on Monday, February 13th. The company has a market cap of $4.12 billion, a price-to-earnings ratio of 13.91 and a beta of 0.85. The stock's 50 day moving average price is $48.14 and its 200 day moving average price is $48.97.

Credit Suisse has downgraded Williams-Sonoma (NYSE:WSM) from Neutral to Underperform in a report released on 10/12/2017. The firm had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.20 billion. Williams-Sonoma had a net margin of 5.96% and a return on equity of 25.43%. The company's revenue was up 1.3% compared to the same quarter previous year. During the same quarter a year ago, the firm posted $0.58 earnings per share.

Blackhill Capital Inc holds 37.4% of its portfolio in Williams-Sonoma, Inc. for 4.03 million shares. Shareholders of record on Friday, April 28th were issued a $0.39 dividend. The ex-dividend date will be Wednesday the 19th of July 2017. This represents a $1.56 dividend on an annualized basis and a yield of 3.18%. Williams-Sonoma's payout ratio is 44.96%. Finally, Oppenheimer Holdings, Inc. restated a "hold" rating on shares of Williams-Sonoma in a research report on Thursday, August 24th. The Firm operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom.

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