Mn Services Vermogensbeheer B.V. increased its position in Williams-Sonoma, Inc. (NYSE:WSM – Free Report) by 1.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 47,700 shares of the specialty retailer’s stock after buying an additional 900 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Williams-Sonoma were worth $8,833,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Smithfield Trust Co grew its holdings in shares of Williams-Sonoma by 100.0% in the 3rd quarter. Smithfield Trust Co now owns 160 shares of the specialty retailer’s stock worth $25,000 after acquiring an additional 80 shares during the last quarter. Cassady Schiller Wealth Management LLC increased its holdings in shares of Williams-Sonoma by 100.0% in the 3rd quarter. Cassady Schiller Wealth Management LLC now owns 166 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 83 shares during the period. Brooklyn Investment Group acquired a new position in shares of Williams-Sonoma in the 3rd quarter valued at about $28,000. HM Payson & Co. increased its holdings in shares of Williams-Sonoma by 100.0% in the 3rd quarter. HM Payson & Co. now owns 200 shares of the specialty retailer’s stock valued at $31,000 after purchasing an additional 100 shares during the period. Finally, Sittner & Nelson LLC increased its holdings in Williams-Sonoma by 100.0% in the third quarter. Sittner & Nelson LLC now owns 200 shares of the specialty retailer’s stock worth $31,000 after buying an additional 100 shares during the last quarter. 99.29% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of research firms recently commented on WSM. Citigroup dropped their price objective on Williams-Sonoma from $140.00 to $134.00 and set a “neutral” rating on the stock in a report on Friday, November 8th. Barclays increased their price objective on Williams-Sonoma from $116.00 to $123.00 and gave the company an “underweight” rating in a research report on Thursday, November 21st. JPMorgan Chase & Co. increased their price objective on Williams-Sonoma from $136.00 to $145.00 and gave the company a “neutral” rating in a research report on Tuesday, November 19th. Morgan Stanley upped their target price on Williams-Sonoma from $170.00 to $195.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 21st. Finally, Wells Fargo & Company upped their target price on Williams-Sonoma from $165.00 to $185.00 and gave the company an “equal weight” rating in a research note on Monday, January 6th. Two equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Williams-Sonoma currently has an average rating of “Hold” and a consensus price target of $173.28.
Insiders Place Their Bets
In other news, CEO Laura Alber sold 45,000 shares of Williams-Sonoma stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $207.76, for a total transaction of $9,349,200.00. Following the completion of the transaction, the chief executive officer now directly owns 944,666 shares in the company, valued at approximately $196,263,808.16. The trade was a 4.55 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Jeffrey Howie sold 1,408 shares of the business’s stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $194.32, for a total value of $273,602.56. Following the completion of the sale, the chief financial officer now owns 46,388 shares of the company’s stock, valued at $9,014,116.16. This trade represents a 2.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 49,568 shares of company stock valued at $10,183,355 in the last 90 days. 1.50% of the stock is currently owned by insiders.
Williams-Sonoma Stock Up 1.0 %
NYSE:WSM opened at $194.23 on Friday. The firm has a market capitalization of $23.91 billion, a price-to-earnings ratio of 22.97, a price-to-earnings-growth ratio of 2.89 and a beta of 1.79. Williams-Sonoma, Inc. has a twelve month low of $115.79 and a twelve month high of $219.98. The stock’s 50 day moving average price is $201.46 and its two-hundred day moving average price is $168.00.
Williams-Sonoma Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, January 17th were given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend was Friday, January 17th. Williams-Sonoma’s dividend payout ratio (DPR) is 26.98%.
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.
See Also
- Five stocks we like better than Williams-Sonoma
- 3 Stocks to Consider Buying in October
- Analysts Lift Archer Aviation Stock Despite Earnings Miss
- What does consumer price index measure?
- 5 Best Gold ETFs for March to Curb Recession Fears
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- 3 Stocks for Your Watchlist: Unlocking Tomorrow’s Winners Today
Want to see what other hedge funds are holding WSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Williams-Sonoma, Inc. (NYSE:WSM – Free Report).
Receive News & Ratings for Williams-Sonoma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams-Sonoma and related companies with MarketBeat.com's FREE daily email newsletter.