Orion Portfolio Solutions LLC Has $4.75 Million Stock Holdings in Williams-Sonoma, Inc. (NYSE:WSM)

Orion Portfolio Solutions LLC boosted its position in shares of Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 112.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,676 shares of the specialty retailer's stock after purchasing an additional 16,249 shares during the period. Orion Portfolio Solutions LLC's holdings in Williams-Sonoma were worth $4,752,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Oppenheimer & Co. Inc. lifted its position in shares of Williams-Sonoma by 186.0% in the third quarter. Oppenheimer & Co. Inc. now owns 7,536 shares of the specialty retailer's stock worth $1,167,000 after buying an additional 4,901 shares during the last quarter. OneDigital Investment Advisors LLC lifted its position in shares of Williams-Sonoma by 97.1% in the third quarter. OneDigital Investment Advisors LLC now owns 6,167 shares of the specialty retailer's stock worth $955,000 after buying an additional 3,038 shares during the last quarter. Intech Investment Management LLC lifted its position in shares of Williams-Sonoma by 27.2% in the third quarter. Intech Investment Management LLC now owns 38,512 shares of the specialty retailer's stock worth $5,966,000 after buying an additional 8,237 shares during the last quarter. Pacer Advisors Inc. lifted its position in shares of Williams-Sonoma by 118.7% in the third quarter. Pacer Advisors Inc. now owns 2,110,320 shares of the specialty retailer's stock worth $326,931,000 after buying an additional 1,145,410 shares during the last quarter. Finally, Cerity Partners LLC lifted its position in shares of Williams-Sonoma by 67.4% in the third quarter. Cerity Partners LLC now owns 29,959 shares of the specialty retailer's stock worth $4,641,000 after buying an additional 12,061 shares during the last quarter. Institutional investors and hedge funds own 99.29% of the company's stock.

Insider Activity

In related news, CFO Jeffrey Howie sold 3,160 shares of the stock in a transaction that occurred 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 sale, the chief financial officer now directly owns 46,388 shares in the company, valued at $8,228,767.32. This represents a 6.38 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Laura Alber sold 40,000 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $130.49, for a total value of $5,219,600.00. Following the sale, the chief executive officer now owns 990,956 shares in the company, valued at approximately $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. In the last ninety days, insiders have sold 83,160 shares of company stock worth $11,590,952. Company insiders own 1.50% of the company's stock.

Williams-Sonoma Stock Performance

Shares of WSM stock traded up $1.34 during trading hours on Monday, hitting $190.16. The company had a trading volume of 2,151,436 shares, compared to its average volume of 1,970,445. Williams-Sonoma, Inc. has a 12 month low of $94.63 and a 12 month high of $192.83. The firm has a market capitalization of $23.41 billion, a price-to-earnings ratio of 22.49, a PEG ratio of 2.87 and a beta of 1.81. The firm's fifty day moving average is $150.04 and its 200 day moving average is $146.69.

Williams-Sonoma Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, October 18th were paid a $0.57 dividend. The ex-dividend date was Friday, October 18th. This represents a $2.28 annualized dividend and a dividend yield of 1.20%. Williams-Sonoma's dividend payout ratio is currently 26.97%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Barclays boosted their price objective on Williams-Sonoma from $116.00 to $123.00 and gave the stock an "underweight" rating in a research report on Thursday, November 21st. JPMorgan Chase & Co. boosted their price objective on Williams-Sonoma from $136.00 to $145.00 and gave the stock a "neutral" rating in a research report on Tuesday, November 19th. Loop Capital boosted their price objective on Williams-Sonoma from $145.00 to $180.00 and gave the stock a "hold" rating in a research report on Thursday, November 21st. Telsey Advisory Group boosted their price objective on Williams-Sonoma from $165.00 to $190.00 and gave the stock an "outperform" rating in a research report on Thursday, November 21st. Finally, Citigroup cut their price objective on Williams-Sonoma from $140.00 to $134.00 and set a "neutral" rating for the company in a research report on Friday, November 8th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $154.41.

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.