Winnow Wealth LLC Takes Position in Williams-Sonoma, Inc. $WSM

Winnow Wealth LLC acquired a new position in Williams-Sonoma, Inc. (NYSE:WSM) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 5,363 shares of the specialty retailer’s stock, valued at approximately $1,051,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of WSM. True Wealth Design LLC boosted its holdings in shares of Williams-Sonoma by 111.8% in the third quarter. True Wealth Design LLC now owns 144 shares of the specialty retailer’s stock worth $28,000 after acquiring an additional 76 shares during the period. Vermillion & White Wealth Management Group LLC raised its stake in shares of Williams-Sonoma by 130.8% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 180 shares of the specialty retailer’s stock valued at $29,000 after purchasing an additional 102 shares during the period. Parkside Financial Bank & Trust lifted its holdings in Williams-Sonoma by 57.2% during the 3rd quarter. Parkside Financial Bank & Trust now owns 228 shares of the specialty retailer’s stock worth $45,000 after purchasing an additional 83 shares in the last quarter. Richardson Financial Services Inc. bought a new position in Williams-Sonoma in the 2nd quarter worth about $48,000. Finally, Root Financial Partners LLC bought a new position in Williams-Sonoma in the 3rd quarter worth about $48,000. Institutional investors own 99.29% of the company’s stock.

Insider Buying and Selling at Williams-Sonoma

In other Williams-Sonoma news, EVP Karalyn Yearout sold 767 shares of the firm’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $205.16, for a total value of $157,357.72. Following the sale, the executive vice president owned 13,236 shares of the company’s stock, valued at $2,715,497.76. This trade represents a 5.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Laura Alber sold 35,000 shares of the stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $207.39, for a total transaction of $7,258,650.00. Following the sale, the chief executive officer owned 806,537 shares of the company’s stock, valued at approximately $167,267,708.43. This represents a 4.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 65,767 shares of company stock valued at $12,802,440 in the last three months. 1.10% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. UBS Group set a $175.00 target price on shares of Williams-Sonoma and gave the stock a “neutral” rating in a report on Thursday, November 20th. Evercore ISI boosted their price target on shares of Williams-Sonoma from $190.00 to $195.00 and gave the company an “in-line” rating in a research report on Tuesday, December 23rd. Zelman & Associates upgraded Williams-Sonoma from an “underperform” rating to a “neutral” rating and set a $205.00 price objective on the stock in a research report on Thursday. TD Cowen restated a “buy” rating and set a $245.00 target price (up from $210.00) on shares of Williams-Sonoma in a research report on Tuesday, January 20th. Finally, Royal Bank Of Canada set a $206.00 target price on Williams-Sonoma and gave the stock an “outperform” rating in a research note on Friday, November 21st. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $201.00.

Williams-Sonoma Price Performance

NYSE:WSM opened at $204.64 on Friday. The company has a market capitalization of $24.43 billion, a price-to-earnings ratio of 22.51, a PEG ratio of 3.23 and a beta of 1.58. Williams-Sonoma, Inc. has a 1-year low of $130.07 and a 1-year high of $219.54. The business has a 50 day moving average of $192.17 and a 200 day moving average of $192.34.

Williams-Sonoma (NYSE:WSM) last released its earnings results on Wednesday, November 19th. The specialty retailer reported $1.96 EPS for the quarter, beating the consensus estimate of $1.87 by $0.09. Williams-Sonoma had a net margin of 14.30% and a return on equity of 53.10%. The company had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same quarter last year, the firm earned $1.96 EPS. The firm’s quarterly revenue was up 4.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Williams-Sonoma, Inc. will post 8.36 EPS for the current year.

Williams-Sonoma Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Stockholders of record on Friday, January 16th will be paid a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, January 16th. Williams-Sonoma’s dividend payout ratio is 29.04%.

Williams-Sonoma Company Profile

Williams?Sonoma, Inc is a specialty retailer focused on the home and culinary markets, best known for premium cookware, kitchen tools and home furnishings. The company traces its roots to a single cookware store founded by Chuck Williams in 1956 in Sonoma, California, and has evolved into a multi?brand home furnishings and housewares business. Its merchandise mix spans cookware and kitchen electrics, tabletop and food prep items, furniture, bedding, lighting and decorative accessories designed for both everyday use and higher?end interiors.

The company operates a portfolio of consumer brands that target distinct segments of the home market.