Williams-Sonoma, Inc. (NYSE:WSM) CFO Jeffrey Howie Sells 1,408 Shares

Williams-Sonoma, Inc. (NYSE:WSM) CFO Jeffrey Howie sold 1,408 shares of the business’s stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $194.32, for a total transaction of $273,602.56. Following the completion of the sale, the chief financial officer now owns 46,388 shares in the company, valued at $9,014,116.16. This represents a 2.95 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Jeffrey Howie also recently made the following trade(s):

• On Monday, December 2nd, Jeffrey Howie sold 3,160 shares of Williams-Sonoma stock. The stock was sold at an average price of $177.39, for a total transaction of $560,552.40.

Williams-Sonoma Trading Up 1.0 %

Shares of NYSE:WSM opened at $194.23 on Friday. Williams-Sonoma, Inc. has a twelve month low of $115.79 and a twelve month high of $219.98. The company’s 50 day moving average is $201.46 and its 200 day moving average is $168.00. The company has a market cap of $23.91 billion, a PE ratio of 22.97, a price-to-earnings-growth ratio of 2.89 and a beta of 1.79.

Williams-Sonoma Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, January 17th were paid a dividend of $0.57 per share. The ex-dividend date was Friday, January 17th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.17%. Williams-Sonoma’s payout ratio is 26.98%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Wells Fargo & Company boosted their price objective on shares of Williams-Sonoma from $165.00 to $185.00 and gave the company an “equal weight” rating in a research report on Monday, January 6th. Royal Bank of Canada boosted their price objective on shares of Williams-Sonoma from $162.00 to $189.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. Telsey Advisory Group boosted their price objective on shares of Williams-Sonoma from $165.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. Citigroup cut their price objective on shares of Williams-Sonoma from $140.00 to $134.00 and set a “neutral” rating on the stock in a research report on Friday, November 8th. Finally, TD Cowen boosted their price objective on shares of Williams-Sonoma from $165.00 to $195.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $173.28.

Institutional Investors Weigh In On Williams-Sonoma

A number of hedge funds and other institutional investors have recently made changes to their positions in WSM. Private Advisor Group LLC grew its stake in shares of Williams-Sonoma by 94.6% during the 3rd quarter. Private Advisor Group LLC now owns 7,389 shares of the specialty retailer’s stock worth $1,145,000 after purchasing an additional 3,592 shares during the period. International Assets Investment Management LLC lifted its position in shares of Williams-Sonoma by 30,883.3% during the 3rd quarter. International Assets Investment Management LLC now owns 1,859 shares of the specialty retailer’s stock valued at $288,000 after buying an additional 1,853 shares in the last quarter. Assenagon Asset Management S.A. lifted its position in shares of Williams-Sonoma by 141.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 8,896 shares of the specialty retailer’s stock valued at $1,378,000 after buying an additional 5,212 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Williams-Sonoma by 109.2% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,702 shares of the specialty retailer’s stock valued at $726,000 after buying an additional 2,454 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in Williams-Sonoma by 101.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 25,865 shares of the specialty retailer’s stock valued at $4,007,000 after purchasing an additional 13,054 shares in the last quarter. Institutional investors and hedge funds own 99.29% of the company’s stock.

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.