Williams-Sonoma, Inc. (NYSE:WSM) Stock Holdings Lifted by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC lifted its position in Williams-Sonoma, Inc. (NYSE:WSM) by 143.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 30,489 shares of the specialty retailer’s stock after acquiring an additional 17,942 shares during the period. Sequoia Financial Advisors LLC’s holdings in Williams-Sonoma were worth $4,723,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. EntryPoint Capital LLC boosted its holdings in shares of Williams-Sonoma by 520.0% during the first quarter. EntryPoint Capital LLC now owns 93 shares of the specialty retailer’s stock worth $30,000 after purchasing an additional 78 shares during the period. Quest Partners LLC bought a new position in shares of Williams-Sonoma in the second quarter valued at approximately $26,000. Crewe Advisors LLC bought a new position in shares of Williams-Sonoma in the second quarter valued at approximately $29,000. Hobbs Group Advisors LLC bought a new position in Williams-Sonoma during the second quarter worth $33,000. Finally, ORG Partners LLC bought a new position in Williams-Sonoma during the first quarter worth $45,000. 99.29% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Karalyn Smith sold 11,100 shares of the company’s stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of $134.66, for a total value of $1,494,726.00. Following the completion of the sale, the executive vice president now directly owns 15,150 shares of the company’s stock, valued at $2,040,099. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, EVP Karalyn Smith sold 11,100 shares of the company’s stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of $134.66, for a total value of $1,494,726.00. Following the completion of the sale, the executive vice president now directly owns 15,150 shares of the company’s stock, valued at $2,040,099. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Laura Alber sold 40,000 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $145.27, for a total value of $5,810,800.00. Following the sale, the chief executive officer now directly owns 1,030,956 shares of the company’s stock, valued at approximately $149,766,978.12. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by company insiders.

Williams-Sonoma Trading Up 0.0 %

Williams-Sonoma stock opened at $139.81 on Wednesday. Williams-Sonoma, Inc. has a 1 year low of $71.56 and a 1 year high of $174.26. The company has a market cap of $17.66 billion, a PE ratio of 16.79, a PEG ratio of 2.83 and a beta of 1.74. The company’s 50-day moving average is $142.35 and its two-hundred day moving average is $145.94.

Williams-Sonoma (NYSE:WSM) last released its earnings results on Thursday, August 22nd. The specialty retailer reported $1.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.61 by $0.13. The company had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.81 billion. Williams-Sonoma had a net margin of 14.29% and a return on equity of 51.57%. The company’s revenue was down 4.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.56 EPS. Research analysts forecast that Williams-Sonoma, Inc. will post 7.99 EPS for the current year.

Williams-Sonoma Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Friday, October 18th will be paid a $0.57 dividend. The ex-dividend date of this dividend is Friday, October 18th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.63%. Williams-Sonoma’s dividend payout ratio (DPR) is presently 27.39%.

Analyst Ratings Changes

Several brokerages have issued reports on WSM. Jefferies Financial Group raised shares of Williams-Sonoma from a “hold” rating to a “buy” rating and boosted their price target for the company from $148.00 to $156.00 in a report on Wednesday, September 11th. Telsey Advisory Group restated an “outperform” rating and issued a $165.00 target price on shares of Williams-Sonoma in a research note on Friday, October 11th. Royal Bank of Canada reduced their target price on shares of Williams-Sonoma from $150.00 to $147.00 and set an “outperform” rating on the stock in a research note on Friday, August 23rd. TD Cowen boosted their target price on shares of Williams-Sonoma from $150.00 to $160.00 and gave the company a “buy” rating in a research note on Monday, September 16th. Finally, Wedbush reduced their target price on shares of Williams-Sonoma from $175.00 to $150.00 and set an “outperform” rating on the stock in a research note on Friday, August 23rd. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the stock. According to MarketBeat, Williams-Sonoma currently has a consensus rating of “Hold” and an average target price of $140.83.

Williams-Sonoma Company 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.