Williams-Sonoma, Inc. (NYSE:WSM) Shares Sold by Tilia Fiduciary Partners Inc.

Tilia Fiduciary Partners Inc. decreased its holdings in Williams-Sonoma, Inc. (NYSE:WSM) by 2.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,278 shares of the specialty retailer’s stock after selling 297 shares during the period. Williams-Sonoma comprises approximately 1.4% of Tilia Fiduciary Partners Inc.’s portfolio, making the stock its 28th largest position. Tilia Fiduciary Partners Inc.’s holdings in Williams-Sonoma were worth $2,088,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. TD Asset Management Inc increased its holdings in Williams-Sonoma by 99.2% during the 2nd quarter. TD Asset Management Inc now owns 9,374 shares of the specialty retailer’s stock worth $2,647,000 after purchasing an additional 4,667 shares during the period. National Bank of Canada FI raised its holdings in Williams-Sonoma by 4.6% in the second quarter. National Bank of Canada FI now owns 9,501 shares of the specialty retailer’s stock valued at $2,620,000 after acquiring an additional 415 shares in the last quarter. Private Advisor Group LLC lifted its stake in Williams-Sonoma by 16.3% in the second quarter. Private Advisor Group LLC now owns 3,797 shares of the specialty retailer’s stock worth $1,037,000 after acquiring an additional 532 shares during the last quarter. Quest Partners LLC acquired a new position in Williams-Sonoma during the 2nd quarter worth approximately $26,000. Finally, Choreo LLC increased its position in shares of Williams-Sonoma by 119.6% in the 2nd quarter. Choreo LLC now owns 1,893 shares of the specialty retailer’s stock valued at $525,000 after purchasing an additional 1,031 shares during the last quarter. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Williams-Sonoma Trading Up 1.3 %

Shares of NYSE WSM traded up $2.47 during midday trading on Friday, reaching $197.06. 1,463,724 shares of the company were exchanged, compared to its average volume of 1,390,829. The stock has a market cap of $24.26 billion, a P/E ratio of 23.31, a PEG ratio of 2.98 and a beta of 1.79. Williams-Sonoma, Inc. has a 1 year low of $95.76 and a 1 year high of $200.56. The stock has a fifty day simple moving average of $171.50 and a 200 day simple moving average of $153.17.

Williams-Sonoma Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, January 17th will be issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date is Friday, January 17th. Williams-Sonoma’s payout ratio is currently 26.98%.

Insider Activity

In related news, CFO Jeffrey Howie sold 3,160 shares of Williams-Sonoma stock in a transaction on Monday, December 2nd. The shares were 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 in the company, valued at $8,228,767.32. This trade represents a 6.38 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Laura Alber sold 40,000 shares of the company’s 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 transaction, the chief executive officer now owns 990,956 shares of the company’s stock, valued at approximately $129,309,848.44. The trade was a 3.88 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on WSM. Evercore ISI boosted their target price on shares of Williams-Sonoma from $140.00 to $180.00 and gave the stock an “in-line” rating in a research note on Thursday, November 21st. Loop Capital upped their price objective on Williams-Sonoma from $145.00 to $180.00 and gave the stock a “hold” rating in a research report on Thursday, November 21st. TD Cowen raised their target price on Williams-Sonoma from $165.00 to $195.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Wedbush upped their price target on Williams-Sonoma from $135.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, November 21st. 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 report on Thursday, November 21st. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Williams-Sonoma has a consensus rating of “Hold” and an average target price of $160.03.

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.