Williams-Sonoma, Inc. (NYSE:WSM) Shares Purchased by Raymond James Trust N.A.

Raymond James Trust N.A. raised its position in Williams-Sonoma, Inc. (NYSE:WSM) by 54.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,570 shares of the specialty retailer’s stock after buying an additional 1,619 shares during the period. Raymond James Trust N.A.’s holdings in Williams-Sonoma were worth $708,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Pacer Advisors Inc. boosted its stake in shares of Williams-Sonoma by 118.7% in the third quarter. Pacer Advisors Inc. now owns 2,110,320 shares of the specialty retailer’s stock worth $326,931,000 after acquiring an additional 1,145,410 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in Williams-Sonoma by 84.5% in the 3rd quarter. Principal Financial Group Inc. now owns 1,020,489 shares of the specialty retailer’s stock valued at $158,085,000 after purchasing an additional 467,407 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Williams-Sonoma by 98.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 833,355 shares of the specialty retailer’s stock worth $129,103,000 after purchasing an additional 413,226 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Williams-Sonoma by 5.6% during the second quarter. Dimensional Fund Advisors LP now owns 823,692 shares of the specialty retailer’s stock worth $232,613,000 after buying an additional 43,607 shares in the last quarter. Finally, KBC Group NV raised its position in shares of Williams-Sonoma by 659.6% in the third quarter. KBC Group NV now owns 531,304 shares of the specialty retailer’s stock valued at $82,309,000 after buying an additional 461,361 shares during the last quarter. 99.29% of the stock is currently owned by institutional investors and hedge funds.

Williams-Sonoma Stock Up 3.4 %

Shares of NYSE WSM opened at $177.85 on Tuesday. The business’s 50 day moving average is $144.29 and its two-hundred day moving average is $144.90. Williams-Sonoma, Inc. has a 52-week low of $90.87 and a 52-week high of $181.42. The firm has a market cap of $22.47 billion, a price-to-earnings ratio of 21.05, a PEG ratio of 2.67 and a beta of 1.76.

Williams-Sonoma Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, October 18th were issued a $0.57 dividend. The ex-dividend date of this dividend was Friday, October 18th. This represents a $2.28 annualized dividend and a dividend yield of 1.28%. Williams-Sonoma’s dividend payout ratio is presently 26.98%.

Analyst Upgrades and Downgrades

WSM has been the topic of a number of recent research reports. Royal Bank of Canada boosted their price target on shares of Williams-Sonoma from $162.00 to $189.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. Wedbush boosted their target price on Williams-Sonoma from $135.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, November 21st. Barclays increased their price target on Williams-Sonoma from $116.00 to $123.00 and gave the company an “underweight” rating in a report on Thursday, November 21st. Citigroup lowered their price objective on Williams-Sonoma from $140.00 to $134.00 and set a “neutral” rating on the stock in a research note on Friday, November 8th. Finally, Robert W. Baird dropped their target price on Williams-Sonoma from $150.00 to $140.00 and set a “neutral” rating for the company in a report on Friday, August 23rd. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $154.41.

Insider Buying and Selling

In other news, EVP Karalyn Smith sold 11,100 shares of the stock in a transaction on 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 sale, the executive vice president now directly owns 15,150 shares in the company, valued at approximately $2,040,099. This trade represents a 42.29 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Laura Alber sold 40,000 shares of Williams-Sonoma stock in a transaction 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 completion of the transaction, the chief executive officer now owns 1,030,956 shares of the company’s stock, valued at approximately $149,766,978.12. This trade represents a 3.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 91,100 shares of company stock valued at $12,525,126. Corporate insiders own 1.50% of the company’s stock.

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.