SignalPoint Asset Management LLC Invests $209,000 in Williams-Sonoma, Inc. (NYSE:WSM)

SignalPoint Asset Management LLC bought a new position in Williams-Sonoma, Inc. (NYSE:WSM) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,129 shares of the specialty retailer’s stock, valued at approximately $209,000.

Other hedge funds also recently modified their holdings of the company. Quest Partners LLC acquired a new stake in shares of Williams-Sonoma in the second quarter valued at about $26,000. Envestnet Asset Management Inc. raised its stake in shares of Williams-Sonoma by 1.2% during the second quarter. Envestnet Asset Management Inc. now owns 165,536 shares of the specialty retailer’s stock worth $46,743,000 after acquiring an additional 2,020 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Williams-Sonoma by 5.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 823,692 shares of the specialty retailer’s stock worth $232,613,000 after buying an additional 43,607 shares during the last quarter. Edgestream Partners L.P. purchased a new stake in shares of Williams-Sonoma in the 2nd quarter worth about $1,045,000. Finally, Vanguard Personalized Indexing Management LLC raised its stake in shares of Williams-Sonoma by 19.3% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 14,523 shares of the specialty retailer’s stock worth $4,101,000 after purchasing an additional 2,346 shares during the last quarter. Institutional investors and hedge funds own 99.29% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on WSM shares. Royal Bank of Canada boosted their target price on shares of Williams-Sonoma from $162.00 to $189.00 and gave the stock an “outperform” rating in a report on Thursday, November 21st. Evercore ISI raised their price target on shares of Williams-Sonoma from $140.00 to $180.00 and gave the stock an “in-line” rating in a report on Thursday, November 21st. Telsey Advisory Group lifted their price objective 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. Jefferies Financial Group boosted their price target on shares of Williams-Sonoma from $194.00 to $226.00 and gave the stock a “buy” rating in a research report on Wednesday, December 18th. Finally, Barclays increased their price target on Williams-Sonoma from $116.00 to $123.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $160.03.

Insider Transactions at Williams-Sonoma

In other Williams-Sonoma news, CFO Jeffrey Howie sold 3,160 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $177.39, for a total value of $560,552.40. Following the transaction, the chief financial officer now directly owns 46,388 shares of the company’s stock, valued at approximately $8,228,767.32. The trade was a 6.38 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Laura Alber sold 40,000 shares of Williams-Sonoma stock in a transaction dated 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 transaction, the chief executive officer now owns 990,956 shares of the company’s stock, valued at $129,309,848.44. This trade represents a 3.88 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is owned by corporate insiders.

Williams-Sonoma Stock Up 0.3 %

Shares of WSM opened at $199.22 on Friday. Williams-Sonoma, Inc. has a twelve month low of $95.76 and a twelve month high of $200.85. The company has a 50 day moving average of $177.84 and a 200-day moving average of $154.89. The stock has a market capitalization of $24.52 billion, a P/E ratio of 23.56, a P/E/G ratio of 3.00 and a beta of 1.79.

Williams-Sonoma Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend is Friday, January 17th. This represents a $2.28 dividend on an annualized basis and a yield of 1.14%. Williams-Sonoma’s dividend payout ratio (DPR) 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.