Evexia Wealth LLC Has $10.16 Million Stock Position in Williams-Sonoma, Inc. (NYSE:WSM)

Evexia Wealth LLC cut its holdings in shares of Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 3.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 54,856 shares of the specialty retailer's stock after selling 2,194 shares during the period. Williams-Sonoma accounts for approximately 3.5% of Evexia Wealth LLC's holdings, making the stock its 11th biggest holding. Evexia Wealth LLC's holdings in Williams-Sonoma were worth $10,158,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of WSM. Heck Capital Advisors LLC acquired a new position in Williams-Sonoma in the fourth quarter valued at about $37,000. Kozak & Associates Inc. acquired a new stake in shares of Williams-Sonoma in the 4th quarter valued at approximately $39,000. Newbridge Financial Services Group Inc. bought a new position in Williams-Sonoma during the 4th quarter worth approximately $38,000. Hobbs Group Advisors LLC grew its holdings in Williams-Sonoma by 100.0% during the third quarter. Hobbs Group Advisors LLC now owns 236 shares of the specialty retailer's stock valued at $37,000 after purchasing an additional 118 shares during the period. Finally, ORG Partners LLC bought a new stake in Williams-Sonoma in the fourth quarter valued at approximately $46,000. Institutional investors and hedge funds own 99.29% of the company's stock.

Insider Activity

In other Williams-Sonoma news, CEO Laura Alber sold 45,000 shares of the firm's stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $207.76, for a total transaction of $9,349,200.00. Following the completion of the sale, the chief executive officer now owns 944,666 shares of the company's stock, valued at $196,263,808.16. This trade represents a 4.55 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Karalyn Yearout sold 8,000 shares of the stock in a transaction dated Wednesday, April 9th. The shares were sold at an average price of $151.53, for a total transaction of $1,212,240.00. Following the completion of the transaction, the executive vice president now directly owns 16,505 shares in the company, valued at $2,501,002.65. The trade was a 32.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 120,720 shares of company stock valued at $21,828,609 over the last three months. Insiders own 1.50% of the company's stock.

Remove Ads

Analyst Ratings Changes

WSM has been the topic of a number of recent analyst reports. Morgan Stanley reduced their price target on shares of Williams-Sonoma from $195.00 to $185.00 and set an "equal weight" rating on the stock in a research report on Thursday, March 20th. Jefferies Financial Group lowered their price target on Williams-Sonoma from $226.00 to $208.00 and set a "buy" rating for the company in a report on Thursday, March 20th. Telsey Advisory Group reiterated an "outperform" rating and set a $220.00 price objective on shares of Williams-Sonoma in a report on Friday, April 4th. Wedbush decreased their price objective on Williams-Sonoma from $190.00 to $170.00 and set a "neutral" rating for the company in a research report on Thursday, March 20th. Finally, Evercore ISI dropped their target price on shares of Williams-Sonoma from $180.00 to $175.00 and set an "in-line" rating on the stock in a report on Tuesday, April 1st. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Williams-Sonoma has a consensus rating of "Hold" and a consensus price target of $178.93.

Williams-Sonoma Stock Performance

WSM traded down $2.04 on Monday, hitting $146.21. 572,569 shares of the company were exchanged, compared to its average volume of 2,058,635. The stock's fifty day moving average is $179.22 and its 200-day moving average is $173.82. Williams-Sonoma, Inc. has a 12 month low of $125.33 and a 12 month high of $219.98. The company has a market cap of $18.06 billion, a PE ratio of 17.29, a PEG ratio of 2.89 and a beta of 1.76.

Williams-Sonoma (NYSE:WSM - Get Free Report) last announced its quarterly earnings results on Wednesday, March 19th. The specialty retailer reported $3.28 EPS for the quarter, beating analysts' consensus estimates of $2.88 by $0.40. The firm had revenue of $2.46 billion during the quarter, compared to analysts' expectations of $2.34 billion. Williams-Sonoma had a net margin of 14.54% and a return on equity of 51.56%. The company's revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter last year, the company posted $5.44 earnings per share. As a group, equities research analysts expect that Williams-Sonoma, Inc. will post 8.36 EPS for the current fiscal year.

Williams-Sonoma Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, May 24th. Shareholders of record on Thursday, April 17th will be paid a $0.66 dividend. This is a positive change from Williams-Sonoma's previous quarterly dividend of $0.57. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $2.64 annualized dividend and a yield of 1.81%. Williams-Sonoma's dividend payout ratio is currently 29.30%.

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.