Telos Capital Management Inc. Sells 2,505 Shares of Williams-Sonoma, Inc. (NYSE:WSM)

Telos Capital Management Inc. lowered its position in Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 5.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 42,355 shares of the specialty retailer's stock after selling 2,505 shares during the quarter. Telos Capital Management Inc.'s holdings in Williams-Sonoma were worth $7,843,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Smithfield Trust Co increased its stake in shares of Williams-Sonoma by 100.0% in the third quarter. Smithfield Trust Co now owns 160 shares of the specialty retailer's stock valued at $25,000 after buying an additional 80 shares during the period. Cassady Schiller Wealth Management LLC increased its position in Williams-Sonoma by 100.0% during the 3rd 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 during the period. Brooklyn Investment Group acquired a new stake in Williams-Sonoma during the 3rd quarter valued at approximately $28,000. HM Payson & Co. increased its position in Williams-Sonoma by 100.0% during the 3rd quarter. HM Payson & Co. now owns 200 shares of the specialty retailer's stock valued at $31,000 after purchasing an additional 100 shares during the period. Finally, Sittner & Nelson LLC increased its position in Williams-Sonoma by 100.0% during the 3rd quarter. Sittner & Nelson LLC now owns 200 shares of the specialty retailer's stock valued at $31,000 after purchasing an additional 100 shares during the period. Institutional investors and hedge funds own 99.29% of the company's stock.

Williams-Sonoma Stock Up 0.9 %

NYSE:WSM traded up $1.87 during trading hours on Monday, hitting $209.11. 286,993 shares of the company traded hands, compared to its average volume of 1,270,240. The firm's 50-day simple moving average is $196.39 and its 200-day simple moving average is $162.00. Williams-Sonoma, Inc. has a one year low of $108.19 and a one year high of $219.98. The company has a market cap of $25.74 billion, a PE ratio of 24.72, a PEG ratio of 2.91 and a beta of 1.79.

Williams-Sonoma Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, January 17th will be paid a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 1.09%. The ex-dividend date is Friday, January 17th. Williams-Sonoma's dividend payout ratio (DPR) is presently 26.97%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Wedbush increased their target price on shares of Williams-Sonoma from $135.00 to $175.00 and gave the company a "neutral" rating in a research report on Thursday, November 21st. Jefferies Financial Group increased their target price on shares of Williams-Sonoma from $194.00 to $226.00 and gave the company a "buy" rating in a research report on Wednesday, December 18th. JPMorgan Chase & Co. increased their target price on shares of Williams-Sonoma from $136.00 to $145.00 and gave the company a "neutral" rating in a research report on Tuesday, November 19th. Citigroup reduced their price objective on shares of Williams-Sonoma from $140.00 to $134.00 and set a "neutral" rating for the company in a research report on Friday, November 8th. Finally, Telsey Advisory Group raised their price objective on shares of Williams-Sonoma from $165.00 to $190.00 and gave the stock an "outperform" rating in a research report on Thursday, November 21st. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Williams-Sonoma has a consensus rating of "Hold" and a consensus price target of $172.34.

Insider Buying and Selling at Williams-Sonoma

In other news, CEO Laura Alber sold 40,000 shares of Williams-Sonoma stock in a transaction on Friday, November 15th. The stock was sold at an average price of $130.49, for a total transaction of $5,219,600.00. Following the sale, the chief executive officer now directly owns 990,956 shares in the company, valued at $129,309,848.44. The trade was a 3.88 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Jeffrey Howie sold 3,160 shares of Williams-Sonoma stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $177.39, for a total value of $560,552.40. Following the completion of the sale, the chief financial officer now directly owns 46,388 shares of the company's stock, valued at approximately $8,228,767.32. This trade represents a 6.38 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 88,160 shares of company stock worth $15,129,352. Corporate insiders own 1.50% of the company's stock.

About Williams-Sonoma

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.