Vontobel Holding Ltd. Has $953,000 Stock Holdings in Williams-Sonoma, Inc. (NYSE:WSM)

Vontobel Holding Ltd. decreased its position in Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 25.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,147 shares of the specialty retailer's stock after selling 1,740 shares during the quarter. Vontobel Holding Ltd.'s holdings in Williams-Sonoma were worth $953,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Oppenheimer & Co. Inc. raised its holdings in Williams-Sonoma by 186.0% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 7,536 shares of the specialty retailer's stock worth $1,167,000 after acquiring an additional 4,901 shares during the period. OneDigital Investment Advisors LLC increased its stake 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 purchasing an additional 3,038 shares during the period. Stifel Financial Corp increased its stake in shares of Williams-Sonoma by 94.8% in the third quarter. Stifel Financial Corp now owns 19,535 shares of the specialty retailer's stock worth $3,026,000 after purchasing an additional 9,509 shares during the period. Intech Investment Management LLC lifted its position in shares of Williams-Sonoma by 27.2% during the 3rd quarter. Intech Investment Management LLC now owns 38,512 shares of the specialty retailer's stock worth $5,966,000 after purchasing an additional 8,237 shares during the last quarter. Finally, Cerity Partners LLC boosted its stake in Williams-Sonoma by 67.4% during the 3rd quarter. Cerity Partners LLC now owns 29,959 shares of the specialty retailer's stock valued at $4,641,000 after purchasing an additional 12,061 shares during the period. 99.29% of the stock is currently owned by institutional investors and hedge funds.

Williams-Sonoma Price Performance

Shares of Williams-Sonoma stock traded down $14.30 during midday trading on Friday, hitting $195.03. 1,702,748 shares of the company were exchanged, compared to its average volume of 1,281,387. The firm has a 50 day simple moving average of $200.79 and a 200-day simple moving average of $165.64. The firm has a market cap of $24.01 billion, a P/E ratio of 23.07, a PEG ratio of 2.95 and a beta of 1.79. Williams-Sonoma, Inc. has a 52 week low of $110.93 and a 52 week high of $219.98.

Williams-Sonoma Dividend Announcement

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

Insider Activity

In other news, CEO Laura Alber sold 45,000 shares of the firm's stock in a transaction that occurred on Tuesday, January 21st. The shares were 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 approximately $196,263,808.16. This trade represents a 4.55 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Jeffrey Howie sold 3,160 shares of Williams-Sonoma stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $177.39, for a total transaction of $560,552.40. Following the completion of the transaction, the chief financial officer now owns 46,388 shares of the company's stock, valued at $8,228,767.32. This trade represents a 6.38 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on WSM shares. Gordon Haskett upgraded Williams-Sonoma to a "hold" rating in a report on Thursday, February 13th. TD Cowen upped their target price on shares of Williams-Sonoma from $165.00 to $195.00 and gave the company a "buy" rating in a research note on Thursday, November 21st. Wedbush increased their price target on shares of Williams-Sonoma from $135.00 to $175.00 and gave the company a "neutral" rating in a report on Thursday, November 21st. JPMorgan Chase & Co. boosted their price objective 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. Finally, Citigroup cut 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. Two research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Williams-Sonoma has an average rating of "Hold" and an average price target of $172.34.

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.