Quantbot Technologies LP Boosts Holdings in Williams-Sonoma, Inc. (NYSE:WSM)

Quantbot Technologies LP raised its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 471.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 40,331 shares of the specialty retailer's stock after purchasing an additional 33,269 shares during the quarter. Quantbot Technologies LP's holdings in Williams-Sonoma were worth $6,248,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Smithfield Trust Co increased its position in shares of Williams-Sonoma by 100.0% during 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. Quest Partners LLC bought a new stake in Williams-Sonoma during the 2nd quarter valued at approximately $26,000. Cassady Schiller Wealth Management LLC grew its holdings in shares of Williams-Sonoma by 100.0% during the 3rd quarter. Cassady Schiller Wealth Management LLC now owns 166 shares of the specialty retailer's stock worth $26,000 after acquiring an additional 83 shares during the period. Crewe Advisors LLC bought a new position in shares of Williams-Sonoma in the 2nd quarter worth approximately $29,000. Finally, EntryPoint Capital LLC lifted its stake in shares of Williams-Sonoma by 520.0% in the 1st quarter. EntryPoint Capital LLC now owns 93 shares of the specialty retailer's stock valued at $30,000 after purchasing an additional 78 shares during the period. 99.29% of the stock is currently owned by institutional investors.

Williams-Sonoma Price Performance

Shares of WSM traded down $3.75 on Tuesday, reaching $174.10. The company's stock had a trading volume of 1,750,611 shares, compared to its average volume of 1,977,921. Williams-Sonoma, Inc. has a 12-month low of $90.87 and a 12-month high of $181.42. The stock has a market capitalization of $22.00 billion, a P/E ratio of 21.03, a PEG ratio of 2.67 and a beta of 1.76. The stock's 50 day simple moving average is $144.29 and its two-hundred day simple moving average is $144.90.

Williams-Sonoma Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, October 18th were given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date was Friday, October 18th. Williams-Sonoma's payout ratio is 26.97%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on WSM. Loop Capital upped their price target on Williams-Sonoma from $145.00 to $180.00 and gave the stock a "hold" rating in a research note on Thursday, November 21st. Evercore ISI lifted their price target on Williams-Sonoma from $140.00 to $180.00 and gave the stock an "in-line" rating in a research report on Thursday, November 21st. Robert W. Baird cut their price objective on shares of Williams-Sonoma from $150.00 to $140.00 and set a "neutral" rating on the stock in a research report on Friday, August 23rd. TD Cowen increased their price target on shares of Williams-Sonoma from $165.00 to $195.00 and gave the company a "buy" rating in a report on Thursday, November 21st. Finally, Royal Bank of Canada upped their price objective on Williams-Sonoma from $162.00 to $189.00 and gave the company an "outperform" rating in a research report on Thursday, November 21st. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $154.41.

Insider Transactions at Williams-Sonoma

In related news, CEO Laura Alber sold 40,000 shares of the business's stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $145.27, for a total transaction of $5,810,800.00. Following the completion of the transaction, the chief executive officer now directly owns 1,030,956 shares in the company, valued at approximately $149,766,978.12. The trade was a 3.73 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Karalyn Smith sold 11,100 shares of the firm's stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $134.66, for a total transaction of $1,494,726.00. Following the sale, the executive vice president now owns 15,150 shares in the company, valued at approximately $2,040,099. The trade was a 42.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 91,100 shares of company stock worth $12,525,126 in the last three months. Corporate insiders own 1.50% of the company's stock.

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.