Ossiam Has $50,000 Stock Position in Williams-Sonoma, Inc. (NYSE:WSM)

Ossiam trimmed its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 97.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 270 shares of the specialty retailer's stock after selling 12,666 shares during the quarter. Ossiam's holdings in Williams-Sonoma were worth $50,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of WSM. Heck Capital Advisors LLC bought a new position in shares of Williams-Sonoma during the fourth quarter worth about $37,000. Newbridge Financial Services Group Inc. purchased a new position in Williams-Sonoma during the 4th quarter worth approximately $38,000. Kozak & Associates Inc. purchased a new stake in Williams-Sonoma in the 4th quarter worth about $39,000. ORG Partners LLC purchased a new stake in shares of Williams-Sonoma in the fourth quarter worth approximately $46,000. Finally, OFI Invest Asset Management purchased a new stake in Williams-Sonoma in the 4th quarter worth approximately $49,000. Institutional investors own 99.29% of the company's stock.

Insider Transactions at Williams-Sonoma

In other news, CFO Jeffrey Howie sold 1,408 shares of Williams-Sonoma stock in a transaction 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 approximately $9,014,116.16. The trade was a 2.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Karalyn Yearout sold 8,000 shares of Williams-Sonoma stock in a transaction dated Wednesday, April 9th. The stock was sold at an average price of $151.53, for a total value of $1,212,240.00. Following 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. Over the last ninety days, insiders sold 76,635 shares of company stock worth $12,609,055. Corporate insiders own 1.50% of the company's stock.

Analyst Ratings Changes

WSM has been the subject of several analyst reports. Gordon Haskett raised shares of Williams-Sonoma to a "hold" rating in a research note on Thursday, February 13th. Wedbush lowered their target price on shares of Williams-Sonoma from $190.00 to $170.00 and set a "neutral" rating on the stock in a research note on Thursday, March 20th. Morgan Stanley cut their target price on shares of Williams-Sonoma from $195.00 to $185.00 and set an "equal weight" rating for the company in a research report on Thursday, March 20th. Wells Fargo & Company lowered their price target on Williams-Sonoma from $195.00 to $170.00 and set an "equal weight" rating on the stock in a research report on Thursday, March 20th. Finally, Jefferies Financial Group cut their target price on shares of Williams-Sonoma from $226.00 to $208.00 and set a "buy" rating for the company in a research note on Thursday, March 20th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Williams-Sonoma currently has a consensus rating of "Hold" and a consensus target price of $179.06.

Williams-Sonoma Trading Up 1.0 %

Shares of Williams-Sonoma stock traded up $1.52 during trading on Monday, hitting $152.71. 720,604 shares of the stock were exchanged, compared to its average volume of 2,059,430. The company has a fifty day moving average price of $165.82 and a 200-day moving average price of $173.33. The stock has a market capitalization of $18.86 billion, a price-to-earnings ratio of 18.08, a price-to-earnings-growth ratio of 2.89 and a beta of 1.76. Williams-Sonoma, Inc. has a 1-year low of $125.33 and a 1-year high of $219.98.

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

Williams-Sonoma Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Saturday, May 24th. Shareholders of record on Thursday, April 17th will be paid a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date is Thursday, April 17th. This is a boost from Williams-Sonoma's previous quarterly dividend of $0.57. Williams-Sonoma's payout ratio is presently 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.