Williams-Sonoma, Inc. (NYSE:WSM) Shares Bought by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky lifted its position in shares of Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 94.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,484 shares of the specialty retailer's stock after buying an additional 20,682 shares during the period. Teachers Retirement System of The State of Kentucky's holdings in Williams-Sonoma were worth $6,581,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Smithfield Trust Co boosted its position in Williams-Sonoma by 100.0% during the 3rd quarter. Smithfield Trust Co now owns 160 shares of the specialty retailer's stock worth $25,000 after acquiring an additional 80 shares during the last quarter. Quest Partners LLC acquired a new position in Williams-Sonoma during the second quarter worth $26,000. Cassady Schiller Wealth Management LLC grew its position in Williams-Sonoma by 100.0% in the third quarter. Cassady Schiller Wealth Management LLC now owns 166 shares of the specialty retailer's stock valued at $26,000 after purchasing an additional 83 shares in the last quarter. Brooklyn Investment Group acquired a new stake in Williams-Sonoma in the 3rd quarter valued at $28,000. Finally, Crewe Advisors LLC bought a new stake in Williams-Sonoma during the 2nd quarter worth about $29,000. 99.29% of the stock is currently owned by institutional investors.

Williams-Sonoma Price Performance

Shares of Williams-Sonoma stock traded up $4.26 during trading hours on Friday, reaching $195.64. The company's stock had a trading volume of 2,394,925 shares, compared to its average volume of 1,967,585. The firm has a 50 day moving average price of $152.30 and a 200-day moving average price of $147.60. Williams-Sonoma, Inc. has a one year low of $95.76 and a one year high of $198.70. The stock has a market cap of $24.08 billion, a P/E ratio of 23.17, a P/E/G ratio of 2.90 and a beta of 1.81.

Williams-Sonoma Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, January 17th will be given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend is Friday, January 17th. Williams-Sonoma's dividend payout ratio (DPR) is presently 26.97%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on WSM shares. Royal Bank of Canada raised their price objective on Williams-Sonoma from $162.00 to $189.00 and gave the company an "outperform" rating in a report on Thursday, November 21st. Wedbush raised their price target on Williams-Sonoma from $135.00 to $175.00 and gave the company a "neutral" rating in a research note on Thursday, November 21st. TD Cowen boosted their price target on Williams-Sonoma from $165.00 to $195.00 and gave the stock a "buy" rating in a research report on Thursday, November 21st. Barclays increased their price objective on Williams-Sonoma from $116.00 to $123.00 and gave the company an "underweight" rating in a report on Thursday, November 21st. Finally, JPMorgan Chase & Co. boosted their target price on shares of Williams-Sonoma from $136.00 to $145.00 and gave the stock a "neutral" rating in a report on Tuesday, November 19th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $154.41.

Insider Buying and Selling at Williams-Sonoma

In other Williams-Sonoma news, CEO Laura Alber sold 40,000 shares of Williams-Sonoma stock in a transaction on Monday, September 16th. The shares were sold at an average price of $145.27, for a total transaction of $5,810,800.00. Following the sale, the chief executive officer now owns 1,030,956 shares of the company's stock, valued at $149,766,978.12. The trade was a 3.73 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Jeffrey Howie sold 3,160 shares of the business's stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $177.39, for a total transaction of $560,552.40. Following the transaction, the chief financial officer now directly owns 46,388 shares in the company, valued at approximately $8,228,767.32. The trade was a 6.38 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 83,160 shares of company stock valued at $11,590,952. Company insiders own 1.50% of the company's stock.

Williams-Sonoma Company 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.