Caisse DE Depot ET Placement DU Quebec Has $116.46 Million Stake in Williams-Sonoma, Inc. (NYSE:WSM)

Caisse DE Depot ET Placement DU Quebec lifted its position in Williams-Sonoma, Inc. (NYSE:WSM) by 97.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 751,735 shares of the specialty retailer’s stock after buying an additional 371,895 shares during the quarter. Caisse DE Depot ET Placement DU Quebec’s holdings in Williams-Sonoma were worth $116,459,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Oppenheimer & Co. Inc. increased its stake in shares of Williams-Sonoma by 186.0% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 7,536 shares of the specialty retailer’s stock worth $1,167,000 after purchasing an additional 4,901 shares during the last quarter. OneDigital Investment Advisors LLC boosted its holdings in Williams-Sonoma by 97.1% in the third quarter. OneDigital Investment Advisors LLC now owns 6,167 shares of the specialty retailer’s stock worth $955,000 after purchasing an additional 3,038 shares in the last quarter. Intech Investment Management LLC increased its position in Williams-Sonoma by 27.2% during the third quarter. Intech Investment Management LLC now owns 38,512 shares of the specialty retailer’s stock worth $5,966,000 after buying an additional 8,237 shares during the last quarter. Pacer Advisors Inc. raised its holdings in Williams-Sonoma by 118.7% during the third quarter. Pacer Advisors Inc. now owns 2,110,320 shares of the specialty retailer’s stock valued at $326,931,000 after buying an additional 1,145,410 shares in the last quarter. Finally, Pathstone Holdings LLC lifted its position in shares of Williams-Sonoma by 92.5% in the third quarter. Pathstone Holdings LLC now owns 44,130 shares of the specialty retailer’s stock worth $6,837,000 after buying an additional 21,200 shares during the last quarter. Institutional investors own 99.29% of the company’s stock.

Insider Transactions at Williams-Sonoma

In other news, CEO Laura Alber sold 40,000 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $130.49, for a total value of $5,219,600.00. Following the completion of the transaction, the chief executive officer now directly owns 990,956 shares of the company’s stock, valued at approximately $129,309,848.44. This represents a 3.88 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. 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 report on Tuesday, November 19th. Citigroup dropped their price target 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. Loop Capital upped their price objective on shares of Williams-Sonoma from $145.00 to $180.00 and gave the stock a “hold” rating in a report on Thursday, November 21st. Barclays lifted their target price on shares of Williams-Sonoma from $116.00 to $123.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. Finally, Wells Fargo & Company upped their price target on shares of Williams-Sonoma from $140.00 to $165.00 and gave the company an “equal weight” rating in a report on Thursday, November 21st. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Williams-Sonoma has an average rating of “Hold” and an average target price of $154.41.

Williams-Sonoma Trading Up 0.4 %

Shares of NYSE WSM opened at $172.02 on Friday. The firm has a market capitalization of $21.18 billion, a price-to-earnings ratio of 20.35, a PEG ratio of 2.61 and a beta of 1.76. Williams-Sonoma, Inc. has a one year low of $92.55 and a one year high of $181.42. The business has a fifty day simple moving average of $146.19 and a 200 day simple moving average of $145.48.

Williams-Sonoma Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, October 18th were issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date was Friday, October 18th. Williams-Sonoma’s payout ratio is 26.97%.

Williams-Sonoma 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.