Retireful LLC acquired a new position in shares of Williams-Sonoma, Inc. (NYSE:WSM - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 8,447 shares of the specialty retailer's stock, valued at approximately $1,564,000.
A number of other large investors also recently added to or reduced their stakes in the business. Quest Partners LLC acquired a new stake in shares of Williams-Sonoma during the second quarter worth $26,000. Envestnet Asset Management Inc. grew its position in shares of Williams-Sonoma by 1.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 165,536 shares of the specialty retailer's stock worth $46,743,000 after buying an additional 2,020 shares during the period. Dimensional Fund Advisors LP increased its stake 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 valued at $232,613,000 after acquiring an additional 43,607 shares during the last quarter. Edgestream Partners L.P. acquired a new stake in shares of Williams-Sonoma in the 2nd quarter valued at approximately $1,045,000. Finally, Vanguard Personalized Indexing Management LLC grew its holdings in Williams-Sonoma by 19.3% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 14,523 shares of the specialty retailer's stock valued at $4,101,000 after purchasing an additional 2,346 shares during the period. 99.29% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
WSM has been the topic of several recent analyst reports. Wells Fargo & Company lifted their target price on Williams-Sonoma from $165.00 to $185.00 and gave the stock an "equal weight" rating in a report on Monday, January 6th. 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. Wedbush raised their target price on shares of Williams-Sonoma from $135.00 to $175.00 and gave the company a "neutral" rating in a research report on Thursday, November 21st. Barclays boosted their price target on shares of Williams-Sonoma from $116.00 to $123.00 and gave the stock an "underweight" rating in a research report on Thursday, November 21st. Finally, Jefferies Financial Group lifted their target price on Williams-Sonoma from $194.00 to $226.00 and gave the company a "buy" rating in a research report on Wednesday, December 18th. Three 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 data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $160.03.
View Our Latest Research Report on WSM
Insider Activity at Williams-Sonoma
In other news, CFO Jeffrey Howie sold 3,160 shares of the business'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 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Laura Alber sold 40,000 shares of the firm's 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 completion of the sale, the chief executive officer now directly owns 990,956 shares in the company, valued at $129,309,848.44. This trade represents a 3.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is owned by insiders.
Williams-Sonoma Stock Performance
Shares of NYSE WSM traded up $3.60 during midday trading on Friday, reaching $202.73. The company's stock had a trading volume of 1,452,286 shares, compared to its average volume of 1,377,826. The company has a market cap of $24.96 billion, a P/E ratio of 23.98, a P/E/G ratio of 3.00 and a beta of 1.79. The business's 50 day moving average price is $179.29 and its two-hundred day moving average price is $155.34. Williams-Sonoma, Inc. has a fifty-two week low of $95.76 and a fifty-two week high of $204.68.
Williams-Sonoma Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, January 17th will be given a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date is Friday, January 17th. Williams-Sonoma's payout ratio is currently 26.97%.
Williams-Sonoma Profile
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Free Report)
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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