Tabor Asset Management LP Purchases 21,206 Shares of Williams-Sonoma, Inc. (NYSE:WSM)

Tabor Asset Management LP lifted its holdings in Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 50.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 62,957 shares of the specialty retailer's stock after buying an additional 21,206 shares during the period. Williams-Sonoma comprises approximately 4.7% of Tabor Asset Management LP's portfolio, making the stock its 3rd biggest position. Tabor Asset Management LP's holdings in Williams-Sonoma were worth $9,753,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Cetera Investment Advisers boosted its holdings in shares of Williams-Sonoma by 403.1% during the first quarter. Cetera Investment Advisers now owns 12,045 shares of the specialty retailer's stock worth $3,825,000 after purchasing an additional 9,651 shares during the period. Cetera Advisors LLC grew its holdings in shares of Williams-Sonoma by 81.2% during the 1st quarter. Cetera Advisors LLC now owns 3,348 shares of the specialty retailer's stock valued at $1,063,000 after acquiring an additional 1,500 shares in the last quarter. Park Avenue Securities LLC increased its stake in shares of Williams-Sonoma by 12.0% in the second quarter. Park Avenue Securities LLC now owns 3,312 shares of the specialty retailer's stock worth $935,000 after acquiring an additional 356 shares during the last quarter. Manning & Napier Advisors LLC purchased a new stake in shares of Williams-Sonoma during the second quarter worth $5,399,000. Finally, CHICAGO TRUST Co NA boosted its position in Williams-Sonoma by 15.0% during the second quarter. CHICAGO TRUST Co NA now owns 2,065 shares of the specialty retailer's stock valued at $583,000 after purchasing an additional 270 shares during the last quarter. Hedge funds and other institutional investors own 99.29% of the company's stock.

Williams-Sonoma Trading Up 3.4 %

WSM traded up $6.13 on Friday, hitting $189.06. 762,912 shares of the stock traded hands, compared to its average volume of 1,965,653. The business has a fifty day moving average price of $148.64 and a two-hundred day moving average price of $146.17. Williams-Sonoma, Inc. has a 52 week low of $94.63 and a 52 week high of $189.15. The firm has a market capitalization of $23.27 billion, a PE ratio of 21.64, a P/E/G ratio of 2.85 and a beta of 1.81.

Williams-Sonoma Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, October 18th were paid a dividend of $0.57 per share. The ex-dividend date was Friday, October 18th. This represents a $2.28 dividend on an annualized basis and a yield of 1.21%. Williams-Sonoma's dividend payout ratio is currently 26.97%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on WSM shares. Jefferies Financial Group upgraded Williams-Sonoma from a "hold" rating to a "buy" rating and lifted their price target for the company from $148.00 to $156.00 in a report on Wednesday, September 11th. Citigroup dropped their price target on shares of Williams-Sonoma from $140.00 to $134.00 and set a "neutral" rating on the stock in a research note on Friday, November 8th. Loop Capital upped their price objective on shares of Williams-Sonoma from $145.00 to $180.00 and gave the stock a "hold" rating in a report on Thursday, November 21st. Telsey Advisory Group boosted their price target 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, Royal Bank of Canada increased 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. Three 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, Williams-Sonoma presently has a consensus rating of "Hold" and an average price target of $154.41.

Insider Buying and Selling at Williams-Sonoma

In other news, CFO Jeffrey Howie sold 3,160 shares of the business's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $177.39, for a total value of $560,552.40. Following the transaction, the chief financial officer now directly owns 46,388 shares of the company's stock, valued at $8,228,767.32. The trade was a 6.38 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Laura Alber sold 40,000 shares of the stock in a transaction on Monday, September 16th. The stock was sold at an average price of $145.27, for a total value of $5,810,800.00. Following the sale, the chief executive officer now owns 1,030,956 shares in the company, valued at $149,766,978.12. The trade was a 3.73 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 83,160 shares of company stock valued at $11,590,952 in the last 90 days. 1.50% of the stock is currently owned by company insiders.

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.