Dana Investment Advisors Inc. Has $7.93 Million Stock Holdings in Williams-Sonoma, Inc. (NYSE:WSM)

Dana Investment Advisors Inc. lowered its position in Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 19.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 42,831 shares of the specialty retailer's stock after selling 10,602 shares during the quarter. Dana Investment Advisors Inc.'s holdings in Williams-Sonoma were worth $7,931,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. FMR LLC lifted its stake in Williams-Sonoma by 72.7% in the third quarter. FMR LLC now owns 8,781,201 shares of the specialty retailer's stock valued at $1,360,384,000 after buying an additional 3,695,837 shares during the last quarter. State Street Corp increased its holdings in shares of Williams-Sonoma by 108.8% in the 3rd quarter. State Street Corp now owns 5,329,125 shares of the specialty retailer's stock valued at $825,588,000 after purchasing an additional 2,777,339 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Williams-Sonoma by 107.5% during the 3rd quarter. Geode Capital Management LLC now owns 2,689,451 shares of the specialty retailer's stock valued at $418,223,000 after acquiring an additional 1,393,436 shares during the period. 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 worth $326,931,000 after purchasing an additional 1,145,410 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Williams-Sonoma by 104.8% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,105,336 shares of the specialty retailer's stock valued at $171,239,000 after acquiring an additional 565,745 shares during the last quarter. 99.29% of the stock is owned by hedge funds and other institutional investors.

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Williams-Sonoma Stock Up 3.5 %

Shares of WSM traded up $6.40 during mid-day trading on Friday, hitting $188.83. The stock had a trading volume of 2,219,844 shares, compared to its average volume of 1,854,918. Williams-Sonoma, Inc. has a fifty-two week low of $117.13 and a fifty-two week high of $219.98. The company has a market cap of $23.24 billion, a PE ratio of 22.33, a PEG ratio of 2.89 and a beta of 1.82. The company's fifty day simple moving average is $201.32 and its two-hundred day simple moving average is $169.81.

Williams-Sonoma Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, January 17th were paid a $0.57 dividend. The ex-dividend date of this dividend was Friday, January 17th. This represents a $2.28 annualized dividend and a dividend yield of 1.21%. Williams-Sonoma's payout ratio is currently 26.98%.

Insider Activity

In other news, CEO Laura Alber sold 45,000 shares of the company's stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $207.76, for a total value of $9,349,200.00. Following the completion of the sale, the chief executive officer now directly owns 944,666 shares of the company's stock, valued at approximately $196,263,808.16. This represents a 4.55 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Jeffrey Howie sold 1,408 shares of the firm's stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $194.32, for a total transaction of $273,602.56. Following the transaction, the chief financial officer now owns 46,388 shares in the company, valued at $9,014,116.16. This represents a 2.95 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company's stock.

Analysts Set New Price Targets

WSM has been the topic of several analyst reports. Telsey Advisory Group raised their price target on shares of Williams-Sonoma from $165.00 to $190.00 and gave the stock an "outperform" rating in a research note on Thursday, November 21st. TD Cowen upped their price objective on shares of Williams-Sonoma from $165.00 to $195.00 and gave the company a "buy" rating in a research note on Thursday, November 21st. 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 report on Friday, November 8th. Royal Bank of Canada boosted their target price on shares of Williams-Sonoma from $162.00 to $189.00 and gave the company an "outperform" rating in a report on Thursday, November 21st. Finally, Loop Capital increased their price target on shares of Williams-Sonoma from $145.00 to $180.00 and gave the stock a "hold" rating in a research note on Thursday, November 21st. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Williams-Sonoma has a consensus rating of "Hold" and a consensus target price of $173.28.

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.