Advisor OS LLC Acquires Shares of 2,449 Williams-Sonoma, Inc. (NYSE:WSM)

Advisor OS LLC bought a new position in shares of Williams-Sonoma, Inc. (NYSE:WSM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,449 shares of the specialty retailer’s stock, valued at approximately $454,000.

Other hedge funds also recently made changes to their positions in the company. FMR LLC increased its stake in Williams-Sonoma by 72.7% during the 3rd quarter. FMR LLC now owns 8,781,201 shares of the specialty retailer’s stock worth $1,360,384,000 after acquiring an additional 3,695,837 shares during the period. State Street Corp grew its holdings in shares of Williams-Sonoma by 108.8% during the 3rd quarter. State Street Corp now owns 5,329,125 shares of the specialty retailer’s stock worth $825,588,000 after purchasing an additional 2,777,339 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Williams-Sonoma by 107.5% in the third quarter. Geode Capital Management LLC now owns 2,689,451 shares of the specialty retailer’s stock worth $418,223,000 after purchasing an additional 1,393,436 shares during the period. Pacer Advisors Inc. raised its stake in Williams-Sonoma by 118.7% in the third quarter. Pacer Advisors Inc. now owns 2,110,320 shares of the specialty retailer’s stock valued at $326,931,000 after purchasing an additional 1,145,410 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its position in Williams-Sonoma by 324.4% during the third quarter. Jacobs Levy Equity Management Inc. now owns 1,036,256 shares of the specialty retailer’s stock worth $160,537,000 after purchasing an additional 792,068 shares during the period. 99.29% of the stock is owned by institutional investors.

Insider Buying and Selling at Williams-Sonoma

In other Williams-Sonoma news, CEO Laura Alber sold 45,000 shares of the business’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $207.76, for a total value of $9,349,200.00. Following the transaction, the chief executive officer now directly owns 944,666 shares in the company, valued at $196,263,808.16. The trade was a 4.55 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Jeffrey Howie sold 3,160 shares of the firm’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 transaction of $560,552.40. Following the sale, the chief financial officer now owns 46,388 shares of the company’s stock, valued at approximately $8,228,767.32. The trade was a 6.38 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company’s stock.

Williams-Sonoma Stock Up 1.0 %

Williams-Sonoma stock opened at $198.35 on Thursday. The stock has a market cap of $24.42 billion, a P/E ratio of 23.46, a P/E/G ratio of 2.89 and a beta of 1.79. The company’s 50 day moving average price is $200.99 and its two-hundred day moving average price is $167.45. Williams-Sonoma, Inc. has a 52 week low of $115.41 and a 52 week high of $219.98.

Williams-Sonoma Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, January 17th were given a $0.57 dividend. The ex-dividend date of this dividend was Friday, January 17th. This represents a $2.28 annualized dividend and a yield of 1.15%. Williams-Sonoma’s dividend payout ratio is currently 26.98%.

Analysts Set New Price Targets

Several brokerages have recently commented on WSM. The Goldman Sachs Group boosted their target price on shares of Williams-Sonoma from $170.00 to $224.00 and gave the company a “neutral” rating in a research report on Thursday, January 30th. Citigroup reduced their target price on Williams-Sonoma from $140.00 to $134.00 and set a “neutral” rating on the stock in a report on Friday, November 8th. TD Cowen boosted their price target on Williams-Sonoma from $165.00 to $195.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Gordon Haskett raised Williams-Sonoma to a “hold” rating in a research note on Thursday, February 13th. Finally, Morgan Stanley boosted their target price on Williams-Sonoma from $170.00 to $195.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 21st. Two research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Williams-Sonoma presently has an average rating of “Hold” and an average target price 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.