Williams-Sonoma, Inc. (NYSE:WSM) Shares Acquired by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC raised its holdings in Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 65.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 69,512 shares of the specialty retailer's stock after purchasing an additional 27,469 shares during the quarter. Mutual of America Capital Management LLC owned 0.06% of Williams-Sonoma worth $10,769,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Quent Capital LLC grew its holdings in Williams-Sonoma by 19.7% during the first quarter. Quent Capital LLC now owns 358 shares of the specialty retailer's stock worth $114,000 after acquiring an additional 59 shares during the period. Sei Investments Co. increased its holdings in shares of Williams-Sonoma by 28.8% in the 1st quarter. Sei Investments Co. now owns 7,281 shares of the specialty retailer's stock valued at $2,312,000 after purchasing an additional 1,629 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Williams-Sonoma by 39.6% in the 1st quarter. Russell Investments Group Ltd. now owns 13,383 shares of the specialty retailer's stock valued at $4,250,000 after purchasing an additional 3,798 shares in the last quarter. Intech Investment Management LLC acquired a new stake in shares of Williams-Sonoma in the first quarter valued at about $314,000. Finally, TIAA Trust National Association purchased a new stake in Williams-Sonoma during the first quarter worth about $201,000. Hedge funds and other institutional investors own 99.29% of the company's stock.

Williams-Sonoma Price Performance

NYSE:WSM traded up $3.24 during trading hours on Monday, reaching $133.89. 2,744,138 shares of the company were exchanged, compared to its average volume of 1,924,238. The firm has a market cap of $16.92 billion, a price-to-earnings ratio of 15.69, a PEG ratio of 2.57 and a beta of 1.76. The stock has a 50 day simple moving average of $141.35 and a 200 day simple moving average of $144.52. Williams-Sonoma, Inc. has a 52-week low of $88.24 and a 52-week high of $174.26.

Williams-Sonoma (NYSE:WSM - Get Free Report) last released its quarterly earnings data on Thursday, August 22nd. The specialty retailer reported $1.74 EPS for the quarter, topping analysts' consensus estimates of $1.61 by $0.13. Williams-Sonoma had a return on equity of 51.57% and a net margin of 14.29%. The company had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period last year, the business posted $1.56 EPS. The company's quarterly revenue was down 4.0% compared to the same quarter last year. On average, analysts predict that Williams-Sonoma, Inc. will post 7.99 EPS for the current fiscal year.

Williams-Sonoma Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Friday, October 18th will be paid a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date is Friday, October 18th. Williams-Sonoma's dividend payout ratio is presently 27.39%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on WSM. Royal Bank of Canada reduced their price target on shares of Williams-Sonoma from $150.00 to $147.00 and set an "outperform" rating for the company in a research report on Friday, August 23rd. Robert W. Baird lowered their target price on Williams-Sonoma from $150.00 to $140.00 and set a "neutral" rating on the stock in a report on Friday, August 23rd. Telsey Advisory Group reaffirmed an "outperform" rating and set a $165.00 price target on shares of Williams-Sonoma in a research note on Friday. Wedbush cut shares of Williams-Sonoma from an "outperform" rating to a "neutral" rating and lowered their price objective for the company from $150.00 to $135.00 in a research note on Wednesday, October 30th. Finally, Citigroup dropped their target price on shares of Williams-Sonoma from $140.00 to $134.00 and set a "neutral" rating for the company in a report on Friday, November 8th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $139.47.

Insider Transactions at Williams-Sonoma

In other Williams-Sonoma news, CEO Laura Alber sold 40,000 shares of the firm's stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $130.49, for a total transaction of $5,219,600.00. Following the completion of the sale, the chief executive officer now owns 990,956 shares in the company, valued at $129,309,848.44. This trade represents a 3.88 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Karalyn Smith sold 11,100 shares of the company's stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of $134.66, for a total value of $1,494,726.00. Following the completion of the transaction, the executive vice president now directly owns 15,150 shares in the company, valued at approximately $2,040,099. The trade was a 42.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 91,100 shares of company stock valued at $12,525,126 over the last quarter. Company insiders own 1.50% of the company's stock.

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.