1,150 Shares in Williams-Sonoma, Inc. (NYSE:WSM) Bought by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. bought a new position in Williams-Sonoma, Inc. (NYSE:WSM) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,150 shares of the specialty retailer’s stock, valued at approximately $213,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WSM. Smithfield Trust Co lifted its position in Williams-Sonoma by 100.0% in the third quarter. Smithfield Trust Co now owns 160 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 80 shares during the period. Cassady Schiller Wealth Management LLC lifted its position in Williams-Sonoma by 100.0% in the third 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 period. Brooklyn Investment Group bought a new position in Williams-Sonoma in the third quarter worth $28,000. HM Payson & Co. lifted its position in Williams-Sonoma by 100.0% in the third quarter. HM Payson & Co. now owns 200 shares of the specialty retailer’s stock worth $31,000 after purchasing an additional 100 shares during the period. Finally, Sittner & Nelson LLC lifted its position in Williams-Sonoma by 100.0% in the third quarter. Sittner & Nelson LLC now owns 200 shares of the specialty retailer’s stock worth $31,000 after purchasing an additional 100 shares during the period. 99.29% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on WSM. Wedbush lifted their price objective on Williams-Sonoma from $135.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, November 21st. Gordon Haskett raised Williams-Sonoma to a “hold” rating in a report on Thursday, February 13th. TD Cowen lifted their price objective on Williams-Sonoma from $165.00 to $195.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Morgan Stanley lifted their price objective on Williams-Sonoma from $170.00 to $195.00 and gave the company an “equal weight” rating in a report on Tuesday, January 21st. Finally, JPMorgan Chase & Co. lifted their price objective on Williams-Sonoma from $136.00 to $145.00 and gave the company a “neutral” rating in a report on Tuesday, November 19th. Two 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, the stock presently has an average rating of “Hold” and a consensus target price of $172.34.

Insider Buying and Selling

In other news, CFO Jeffrey Howie sold 3,160 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $177.39, for a total transaction of $560,552.40. Following the completion of 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Laura Alber sold 45,000 shares of the business’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 transaction, the chief executive officer now owns 944,666 shares of the company’s stock, valued at $196,263,808.16. The trade was a 4.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company’s stock.

Williams-Sonoma Stock Down 6.8 %

Shares of WSM stock opened at $195.03 on Friday. The stock has a 50-day moving average price of $200.79 and a 200 day moving average price of $165.64. The firm has a market cap of $24.01 billion, a price-to-earnings ratio of 23.07, a PEG ratio of 2.95 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 company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, January 17th were given a $0.57 dividend. The ex-dividend date was Friday, January 17th. This represents a $2.28 dividend on an annualized basis and a yield of 1.17%. Williams-Sonoma’s payout ratio is 26.97%.

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.