Williams-Sonoma, Inc. (NYSE:WSM) Shares Acquired by Pathstone Holdings LLC

Pathstone Holdings LLC raised its position in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 92.5% in the third quarter, HoldingsChannel reports. The firm owned 44,130 shares of the specialty retailer’s stock after acquiring an additional 21,200 shares during the period. Pathstone Holdings LLC’s holdings in Williams-Sonoma were worth $6,837,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Motley Fool Asset Management LLC boosted its position in shares of Williams-Sonoma by 4.4% during the first quarter. Motley Fool Asset Management LLC now owns 1,225 shares of the specialty retailer’s stock worth $389,000 after buying an additional 52 shares during the period. Quent Capital LLC raised its stake in Williams-Sonoma by 19.7% during the 1st quarter. Quent Capital LLC now owns 358 shares of the specialty retailer’s stock valued at $114,000 after acquiring an additional 59 shares in the last quarter. EntryPoint Capital LLC boosted its position in Williams-Sonoma by 520.0% during the 1st quarter. EntryPoint Capital LLC now owns 93 shares of the specialty retailer’s stock worth $30,000 after acquiring an additional 78 shares during the period. Diversify Advisory Services LLC grew its stake in shares of Williams-Sonoma by 2.6% in the third quarter. Diversify Advisory Services LLC now owns 3,226 shares of the specialty retailer’s stock worth $500,000 after purchasing an additional 81 shares in the last quarter. Finally, TFG Advisers LLC grew its stake in shares of Williams-Sonoma by 3.1% in the second quarter. TFG Advisers LLC now owns 2,746 shares of the specialty retailer’s stock worth $776,000 after purchasing an additional 83 shares in the last quarter. Institutional investors own 99.29% of the company’s stock.

Williams-Sonoma Trading Down 0.4 %

WSM stock opened at $171.88 on Friday. The firm has a 50-day moving average of $143.08 and a two-hundred day moving average of $144.74. The firm has a market capitalization of $21.71 billion, a PE ratio of 20.46, a P/E/G ratio of 2.71 and a beta of 1.76. Williams-Sonoma, Inc. has a one year low of $90.31 and a one year high of $181.42.

Williams-Sonoma (NYSE:WSM) last announced its earnings results on Thursday, August 22nd. The specialty retailer reported $1.74 earnings per share (EPS) for the quarter, beating the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the business earned $1.56 EPS. On average, equities research analysts anticipate that Williams-Sonoma, Inc. will post 7.95 earnings per share for the current year.

Williams-Sonoma Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, October 18th were paid a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend was Friday, October 18th. Williams-Sonoma’s dividend payout ratio is currently 26.97%.

Insiders Place Their Bets

In other Williams-Sonoma news, CEO Laura Alber sold 40,000 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $145.27, for a total value of $5,810,800.00. Following the transaction, the chief executive officer now owns 1,030,956 shares in the company, valued at approximately $149,766,978.12. This represents a 3.73 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Karalyn Smith sold 11,100 shares of Williams-Sonoma stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of $134.66, for a total transaction of $1,494,726.00. Following the sale, the executive vice president now directly owns 15,150 shares of the company’s stock, valued at $2,040,099. This trade represents a 42.29 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 91,100 shares of company stock worth $12,525,126. 1.50% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms recently weighed in on WSM. Jefferies Financial Group raised shares of Williams-Sonoma from a “hold” rating to a “buy” rating and upped their price objective for the stock from $148.00 to $156.00 in a report on Wednesday, September 11th. Evercore ISI boosted their price target on shares of Williams-Sonoma from $140.00 to $180.00 and gave the stock an “in-line” rating in a research report on Thursday. Barclays increased their price objective on shares of Williams-Sonoma from $116.00 to $123.00 and gave the company an “underweight” rating in a report on Thursday. Loop Capital boosted their target price on Williams-Sonoma from $145.00 to $180.00 and gave the stock a “hold” rating in a report on Thursday. Finally, Wedbush upped their target price on Williams-Sonoma from $135.00 to $175.00 and gave the stock a “neutral” rating in a research report on Thursday. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $154.41.

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.