Moon Capital Management Lp Exits Position in Williams-Sonoma (WSM)

Williams-Sonoma (WSM) : Moon Capital Management Lp has sold out all of its stake in Williams-Sonoma during the most recent quarter, according to the disclosure filed by the company on Aug 15, 2016 with the SEC. The investment management company has sold out 22,152 shares of Williams-Sonoma which is valued at $1,196,430.

Other Hedge Funds, Including , D.a. Davidson added WSM to its portfolio by purchasing 1,446 company shares during the most recent quarter which is valued at $78,098.Bessemer Group Inc reduced its stake in WSM by selling 221 shares or 0.92% in the most recent quarter. The Hedge Fund company now holds 23,920 shares of WSM which is valued at $1,291,919. Williams-Sonoma makes up approx 0.01% of Bessemer Group Inc’s portfolio.Proficio Capital Partners reduced its stake in WSM by selling 10 shares or 52.63% in the most recent quarter. The Hedge Fund company now holds 9 shares of WSM which is valued at $487.Tocqueville Asset Management boosted its stake in WSM in the latest quarter, The investment management firm added 402,777 additional shares and now holds a total of 406,727 shares of Williams-Sonoma which is valued at $21,995,796. Williams-Sonoma makes up approx 0.27% of Tocqueville Asset Management’s portfolio.Retirement Systems Of Alabama reduced its stake in WSM by selling 545 shares or 0.19% in the most recent quarter. The Hedge Fund company now holds 288,237 shares of WSM which is valued at $14,991,206. Williams-Sonoma makes up approx 0.08% of Retirement Systems Of Alabama’s portfolio.

Williams-Sonoma opened for trading at $51.22 and hit $51.84 on the upside on Wednesday, eventually ending the session at $51.73, with a gain of 1.05% or 0.54 points. The heightened volatility saw the trading volume jump to 1,850,000 shares. Company has a market cap of $4,612 M.

On the company’s financial health, Williams-Sonoma reported $0.58 EPS for the quarter, based on the information available during the earnings call on Aug 24, 2016. Analyst had a consensus estimate of $0.58. The company had revenue of $1159.03 million for the quarter, compared to analysts expectations of $1167.05 million. The company’s revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 EPS.

Many Wall Street Analysts have commented on Williams-Sonoma. Company shares were Reiterated by RBC Capital Mkts on May 26, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 55 from a previous price target of $54 .Topeka Capital Markets Initiated Williams-Sonoma on May 24, 2016 to “Buy”, Price Target of the shares are set at $62.

Williams-Sonoma Inc. is an e-commerce and multi-channel specialty retailer of products for the home with some brands in home furnishings. The Company operates in two segments: e-commerce and retail. The e-commerce segment has the merchandising strategies which include Williams-Sonoma Pottery Barn Pottery Barn Kids West Elm PBteen Williams-Sonoma Home Rejuvenation and Mark and Graham which sells its products through its e-commerce Websites and direct-mail catalogs. The retail segment has the merchandising strategies which include Williams-Sonoma Pottery Barn Pottery Barn Kids West Elm and Rejuvenation which sells its products through its retail stores. The Company operates retail stores in the United States Canada Puerto Rico Australia and the United Kingdom and franchises its brands to third-parties in various countries in the Middle East and the Philippines. The Company’s products are also available to customers through its catalogs and online across the world.

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