SBI Securities Co. Ltd. Buys New Shares in Williams-Sonoma, Inc. (NYSE:WSM)

SBI Securities Co. Ltd. bought a new position in Williams-Sonoma, Inc. (NYSE:WSM) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 436 shares of the specialty retailer’s stock, valued at approximately $81,000.

Other hedge funds also recently modified their holdings of the company. Resonant Capital Advisors LLC lifted its position in Williams-Sonoma by 1.6% in the 4th quarter. Resonant Capital Advisors LLC now owns 3,474 shares of the specialty retailer’s stock worth $643,000 after buying an additional 56 shares in the last quarter. Westmount Partners LLC raised its holdings in Williams-Sonoma by 1.0% in the 4th quarter. Westmount Partners LLC now owns 6,242 shares of the specialty retailer’s stock worth $1,156,000 after acquiring an additional 59 shares during the period. Bailard Inc. increased its stake in shares of Williams-Sonoma by 1.6% in the fourth quarter. Bailard Inc. now owns 4,091 shares of the specialty retailer’s stock worth $758,000 after purchasing an additional 66 shares during the period. Smithfield Trust Co lifted its holdings 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 worth $25,000 after buying an additional 80 shares during the last quarter. Finally, Cassady Schiller Wealth Management LLC grew its position in Williams-Sonoma by 100.0% in the 3rd quarter. Cassady Schiller Wealth Management LLC now owns 166 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 83 shares during the last quarter. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Insider Buying and Selling

In other news, CFO Jeffrey Howie sold 1,408 shares of the stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $194.32, for a total value of $273,602.56. Following the completion of the sale, the chief financial officer now owns 46,388 shares of the company’s stock, valued at approximately $9,014,116.16. This represents a 2.95 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Laura Alber sold 45,000 shares of the stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $207.76, for a total transaction 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. This represents a 4.55 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by corporate insiders.

Williams-Sonoma Trading Up 3.5 %

WSM opened at $188.83 on Monday. The stock has a market capitalization of $23.24 billion, a P/E ratio of 22.33, a P/E/G ratio of 2.89 and a beta of 1.82. The firm’s fifty day simple moving average is $201.32 and its 200 day simple moving average is $170.00. Williams-Sonoma, Inc. has a 12 month low of $117.13 and a 12 month high of $219.98.

Williams-Sonoma Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, January 17th were given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date was Friday, January 17th. Williams-Sonoma’s dividend payout ratio (DPR) is currently 26.98%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on WSM shares. TD Cowen boosted their price objective on Williams-Sonoma from $165.00 to $195.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Telsey Advisory Group lifted their price objective on Williams-Sonoma from $165.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. The Goldman Sachs Group upped their target price on shares of Williams-Sonoma from $170.00 to $224.00 and gave the stock a “neutral” rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. upped their price target on Williams-Sonoma from $136.00 to $145.00 and gave the company a “neutral” rating in a research note on Tuesday, November 19th. Finally, Gordon Haskett raised shares of Williams-Sonoma to a “hold” rating in a research note on Thursday, February 13th. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Williams-Sonoma presently has an average rating of “Hold” and a consensus price target of $173.28.

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.