Archer Investment Corp Has $429,000 Position in Williams-Sonoma, Inc. (NYSE:WSM)

Archer Investment Corp trimmed its stake in Williams-Sonoma, Inc. (NYSE:WSM) by 11.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,315 shares of the specialty retailer’s stock after selling 300 shares during the quarter. Archer Investment Corp’s holdings in Williams-Sonoma were worth $429,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Smithfield Trust Co grew its position in Williams-Sonoma by 100.0% in the 3rd quarter. Smithfield Trust Co now owns 160 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 80 shares during the period. Cassady Schiller Wealth Management LLC lifted its stake in shares of Williams-Sonoma by 100.0% in the third quarter. Cassady Schiller Wealth Management LLC now owns 166 shares of the specialty retailer’s stock valued at $26,000 after buying an additional 83 shares in the last quarter. Brooklyn Investment Group acquired a new position in shares of Williams-Sonoma during the third quarter valued at about $28,000. HM Payson & Co. increased its position in shares of Williams-Sonoma by 100.0% during the third quarter. HM Payson & Co. now owns 200 shares of the specialty retailer’s stock worth $31,000 after acquiring an additional 100 shares in the last quarter. Finally, Sittner & Nelson LLC raised its holdings in shares of Williams-Sonoma by 100.0% in the 3rd quarter. Sittner & Nelson LLC now owns 200 shares of the specialty retailer’s stock worth $31,000 after acquiring an additional 100 shares during the last quarter. 99.29% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have issued reports on WSM. Wells Fargo & Company lifted their price target on Williams-Sonoma from $165.00 to $185.00 and gave the company an “equal weight” rating in a research note on Monday, January 6th. Evercore ISI lifted their target price on Williams-Sonoma from $140.00 to $180.00 and gave the company an “in-line” rating in a research report on Thursday, November 21st. Wedbush increased their price target on Williams-Sonoma from $135.00 to $175.00 and gave the company a “neutral” rating in a research report on Thursday, November 21st. TD Cowen lifted their price objective on shares of Williams-Sonoma from $165.00 to $195.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Finally, 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 report on Wednesday, December 18th. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Williams-Sonoma has a consensus rating of “Hold” and an average target price of $172.34.

Williams-Sonoma Price Performance

WSM opened at $210.91 on Friday. The firm has a market capitalization of $25.96 billion, a P/E ratio of 24.94, a price-to-earnings-growth ratio of 2.98 and a beta of 1.79. The company has a fifty day moving average price of $194.90 and a 200-day moving average price of $161.16. Williams-Sonoma, Inc. has a one year low of $101.68 and a one year high of $219.98.

Williams-Sonoma Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, January 17th will be given a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 1.08%. The ex-dividend date of this dividend is Friday, January 17th. Williams-Sonoma’s dividend payout ratio (DPR) is 26.97%.

Insider Activity at Williams-Sonoma

In other Williams-Sonoma news, CEO Laura Alber sold 40,000 shares of Williams-Sonoma stock in a transaction dated 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 completion of the sale, the chief executive officer now owns 990,956 shares of the company’s stock, valued at $129,309,848.44. The trade was a 3.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Jeffrey Howie sold 3,160 shares of the stock in a transaction dated 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 owns 46,388 shares in the company, valued at $8,228,767.32. This trade represents a 6.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 88,160 shares of company stock valued at $15,129,352 over the last three months. 1.50% of the stock is owned by corporate insiders.

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.