Kintegral Advisory LLC Sells 553 Shares of Williams-Sonoma, Inc. (NYSE:WSM)

Kintegral Advisory LLC trimmed its holdings in Williams-Sonoma, Inc. (NYSE:WSM) by 4.5% in the 4th quarter, Holdings Channel reports. The fund owned 11,849 shares of the specialty retailer’s stock after selling 553 shares during the quarter. Kintegral Advisory LLC’s holdings in Williams-Sonoma were worth $2,194,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of WSM. Dividend Assets Capital LLC increased its stake in shares of Williams-Sonoma by 4.5% during the fourth quarter. Dividend Assets Capital LLC now owns 50,990 shares of the specialty retailer’s stock valued at $9,442,000 after purchasing an additional 2,209 shares in the last quarter. Paradigm Asset Management Co. LLC purchased a new stake in shares of Williams-Sonoma in the 4th quarter worth approximately $537,000. First Bank & Trust bought a new position in Williams-Sonoma during the 4th quarter valued at approximately $258,000. Ieq Capital LLC purchased a new position in Williams-Sonoma during the fourth quarter valued at $1,549,000. Finally, Global Retirement Partners LLC raised its stake in Williams-Sonoma by 47.2% during the fourth quarter. Global Retirement Partners LLC now owns 443 shares of the specialty retailer’s stock valued at $82,000 after buying an additional 142 shares during the last quarter. 99.29% of the stock is currently owned by institutional investors.

Williams-Sonoma Trading Down 6.8 %

WSM opened at $195.03 on Friday. The company’s 50 day moving average is $200.78 and its 200 day moving average is $166.06. The company has a market cap of $24.01 billion, a price-to-earnings ratio of 23.07, a PEG ratio of 2.89 and a beta of 1.79. Williams-Sonoma, Inc. has a 12-month low of $110.93 and a 12-month high of $219.98.

Williams-Sonoma Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, January 17th were paid a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 1.17%. The ex-dividend date was Friday, January 17th. Williams-Sonoma’s dividend payout ratio is presently 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 stock was sold at an average price of $177.39, for a total transaction of $560,552.40. Following the transaction, the chief financial officer now directly owns 46,388 shares in the company, valued at approximately $8,228,767.32. The trade was a 6.38 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Laura Alber sold 45,000 shares of the company’s stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $207.76, for a total value 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. The trade was a 4.55 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.50% of the company’s stock.

Analyst Upgrades and Downgrades

WSM has been the subject of several analyst reports. Jefferies Financial Group raised their price target on Williams-Sonoma from $194.00 to $226.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. The Goldman Sachs Group raised their price objective on shares of Williams-Sonoma from $170.00 to $224.00 and gave the company a “neutral” rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. lifted their target price 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. Evercore ISI increased their price target on shares of Williams-Sonoma from $140.00 to $180.00 and gave the company an “in-line” rating in a report on Thursday, November 21st. Finally, Royal Bank of Canada boosted their price objective on shares of Williams-Sonoma from $162.00 to $189.00 and gave the stock an “outperform” rating in a report on Thursday, November 21st. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $172.34.

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.