Williams-Sonoma, Inc. (NYSE:WSM) Shares Sold by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB decreased its position in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 17.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,590 shares of the specialty retailer’s stock after selling 1,754 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Williams-Sonoma were worth $1,591,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. Resonant Capital Advisors LLC boosted its holdings in Williams-Sonoma by 1.6% in the 4th quarter. Resonant Capital Advisors LLC now owns 3,474 shares of the specialty retailer’s stock valued at $643,000 after purchasing an additional 56 shares during the last quarter. Westmount Partners LLC lifted its holdings in Williams-Sonoma by 1.0% in the fourth quarter. Westmount Partners LLC now owns 6,242 shares of the specialty retailer’s stock valued at $1,156,000 after acquiring an additional 59 shares during the last quarter. Smithfield Trust Co lifted its stake 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 valued at $25,000 after purchasing an additional 80 shares during the last quarter. Diversify Advisory Services LLC grew its holdings in shares of Williams-Sonoma by 2.6% during the 3rd 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 during the period. Finally, Cassady Schiller Wealth Management LLC increased its position in shares of Williams-Sonoma by 100.0% during the 3rd quarter. Cassady Schiller Wealth Management LLC now owns 166 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 83 shares during the last quarter. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Williams-Sonoma Stock Performance

Shares of Williams-Sonoma stock opened at $207.26 on Monday. The company has a market capitalization of $25.51 billion, a P/E ratio of 24.51, a PEG ratio of 2.91 and a beta of 1.79. Williams-Sonoma, Inc. has a 1 year low of $103.50 and a 1 year high of $219.98. The company’s fifty day moving average is $196.39 and its two-hundred day moving average is $161.93.

Williams-Sonoma Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, January 17th will be given a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 1.10%. The ex-dividend date of this dividend is Friday, January 17th. Williams-Sonoma’s dividend payout ratio (DPR) is presently 26.98%.

Analyst Ratings Changes

A number of research firms recently weighed in on WSM. The Goldman Sachs Group increased their price objective on shares of Williams-Sonoma from $170.00 to $224.00 and gave the stock a “neutral” rating in a research report on Thursday, January 30th. Telsey Advisory Group raised their target price on Williams-Sonoma from $165.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. Citigroup dropped their target price on Williams-Sonoma from $140.00 to $134.00 and set a “neutral” rating for the company in a research report on Friday, November 8th. TD Cowen raised their price objective on shares of Williams-Sonoma from $165.00 to $195.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Finally, Loop Capital upped their target price on shares of Williams-Sonoma from $145.00 to $180.00 and gave the stock a “hold” rating in a research note on Thursday, November 21st. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $172.34.

Insider Buying and Selling at Williams-Sonoma

In related news, CFO Jeffrey Howie sold 3,160 shares of the stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $177.39, for a total transaction of $560,552.40. Following the completion of the transaction, the chief financial officer now directly owns 46,388 shares of the company’s stock, valued at $8,228,767.32. This represents a 6.38 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Laura Alber sold 45,000 shares of Williams-Sonoma stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $207.76, for a total value of $9,349,200.00. Following the completion of the sale, the chief executive officer now directly owns 944,666 shares in the company, valued at $196,263,808.16. This represents a 4.55 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 88,160 shares of company stock valued at $15,129,352 in the last ninety days. 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.