Tilia Fiduciary Partners Inc. lessened its position in Williams-Sonoma, Inc. (NYSE:WSM – Free Report) by 2.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,278 shares of the specialty retailer’s stock after selling 297 shares during the quarter. Williams-Sonoma accounts for 1.4% of Tilia Fiduciary Partners Inc.’s portfolio, making the stock its 28th largest position. Tilia Fiduciary Partners Inc.’s holdings in Williams-Sonoma were worth $2,088,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the company. Smithfield Trust Co lifted its position in Williams-Sonoma by 100.0% during the 3rd quarter. Smithfield Trust Co now owns 160 shares of the specialty retailer’s stock worth $25,000 after acquiring an additional 80 shares during the period. Diversify Advisory Services LLC raised its stake in shares of Williams-Sonoma by 2.6% in the third 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 last quarter. Cassady Schiller Wealth Management LLC lifted 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 purchasing an additional 83 shares during the period. Quest Partners LLC purchased a new stake in Williams-Sonoma in the second quarter valued at approximately $26,000. Finally, HM Payson & Co. increased its holdings in Williams-Sonoma by 100.0% in the 3rd quarter. HM Payson & Co. now owns 200 shares of the specialty retailer’s stock worth $31,000 after buying an additional 100 shares during the period. 99.29% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several analysts have commented on WSM shares. Loop Capital lifted their price objective on shares of Williams-Sonoma from $145.00 to $180.00 and gave the company a “hold” rating in a research note on Thursday, November 21st. Telsey Advisory Group upped their price target on shares of Williams-Sonoma from $165.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. Barclays lifted their price objective on Williams-Sonoma from $116.00 to $123.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st. Evercore ISI upped their target price on Williams-Sonoma from $140.00 to $180.00 and gave the stock an “in-line” rating in a research note on Thursday, November 21st. Finally, Jefferies Financial Group raised their target price on Williams-Sonoma from $194.00 to $226.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $160.03.
Williams-Sonoma Trading Up 1.3 %
WSM stock traded up $2.47 during trading on Friday, reaching $197.06. 1,463,724 shares of the stock were exchanged, compared to its average volume of 1,390,829. The business has a 50 day moving average price of $171.50 and a 200-day moving average price of $153.17. Williams-Sonoma, Inc. has a 1 year low of $95.76 and a 1 year high of $200.56. The firm has a market capitalization of $24.26 billion, a price-to-earnings ratio of 23.31, a P/E/G ratio of 2.98 and a beta of 1.79.
Williams-Sonoma Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, January 17th will be issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date is Friday, January 17th. Williams-Sonoma’s dividend payout ratio is presently 26.98%.
Insider Buying and Selling
In other news, CFO Jeffrey Howie sold 3,160 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was 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 in the company, valued at $8,228,767.32. This trade represents a 6.38 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Laura Alber sold 40,000 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $130.49, for a total value of $5,219,600.00. Following the completion of the sale, the chief executive officer now owns 990,956 shares in the company, valued at $129,309,848.44. This represents a 3.88 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by company insiders.
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.
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