Williams-Sonoma, Inc. (NYSE:WSM) Shares Sold by Stiles Financial Services Inc

Stiles Financial Services Inc lessened its holdings in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 7.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,850 shares of the specialty retailer’s stock after selling 1,099 shares during the quarter. Stiles Financial Services Inc’s holdings in Williams-Sonoma were worth $2,566,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Resonant Capital Advisors LLC raised its position 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 increased its stake 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 purchasing an additional 59 shares during the period. Smithfield Trust Co raised its holdings in shares of Williams-Sonoma by 100.0% in the third quarter. Smithfield Trust Co now owns 160 shares of the specialty retailer’s stock valued at $25,000 after buying an additional 80 shares during the last quarter. Diversify Advisory Services LLC boosted its stake in shares of Williams-Sonoma by 2.6% during the third quarter. Diversify Advisory Services LLC now owns 3,226 shares of the specialty retailer’s stock worth $500,000 after buying an additional 81 shares during the period. Finally, Cassady Schiller Wealth Management LLC grew its holdings in shares of Williams-Sonoma by 100.0% during the third quarter. Cassady Schiller Wealth Management LLC now owns 166 shares of the specialty retailer’s stock worth $26,000 after buying an additional 83 shares during the last quarter. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Wall Street Analyst Weigh In

WSM has been the subject of a number of recent research reports. The Goldman Sachs Group increased their price objective on Williams-Sonoma from $170.00 to $224.00 and gave the stock a “neutral” rating in a research report on Thursday, January 30th. Morgan Stanley lifted their price objective on shares of Williams-Sonoma from $170.00 to $195.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 21st. Telsey Advisory Group upped their price objective on shares of Williams-Sonoma from $165.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. Evercore ISI lifted their target price on shares of Williams-Sonoma from $140.00 to $180.00 and gave the company an “in-line” rating in a report on Thursday, November 21st. Finally, Wells Fargo & Company increased their price target on shares of Williams-Sonoma from $165.00 to $185.00 and gave the stock an “equal weight” rating in a report on Monday, January 6th. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $172.34.

Williams-Sonoma Stock Down 1.8 %

NYSE:WSM opened at $207.26 on Monday. Williams-Sonoma, Inc. has a 52-week low of $103.50 and a 52-week high of $219.98. The stock has a fifty day simple moving average of $196.39 and a 200-day simple moving average of $161.93. The company has a market capitalization of $25.51 billion, a PE ratio of 24.51, a price-to-earnings-growth ratio of 2.91 and a beta of 1.79.

Williams-Sonoma Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, January 17th will be given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date of this dividend is Friday, January 17th. Williams-Sonoma’s payout ratio is currently 26.97%.

Insider Buying and Selling at Williams-Sonoma

In other news, CEO Laura Alber sold 45,000 shares of the business’s stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $207.76, for a total value of $9,349,200.00. Following the completion of the transaction, the chief executive officer now directly owns 944,666 shares of the company’s stock, valued at $196,263,808.16. The trade was a 4.55 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Jeffrey Howie sold 3,160 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $177.39, for a total value of $560,552.40. Following the completion of the sale, the chief financial officer now owns 46,388 shares in the company, valued at $8,228,767.32. This represents a 6.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 88,160 shares of company stock valued at $15,129,352 over the last quarter. Corporate insiders own 1.50% 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.