Rosenberg Matthew Hamilton Acquires 152 Shares of Williams-Sonoma, Inc. (NYSE:WSM)

Rosenberg Matthew Hamilton lifted its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 69.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 370 shares of the specialty retailer’s stock after buying an additional 152 shares during the quarter. Rosenberg Matthew Hamilton’s holdings in Williams-Sonoma were worth $69,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Quest Partners LLC bought a new position in Williams-Sonoma during the second quarter worth $26,000. Smithfield Trust Co raised 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 valued at $25,000 after purchasing an additional 80 shares during the period. Cassady Schiller Wealth Management LLC boosted its position in shares of Williams-Sonoma by 100.0% during 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 in the last quarter. Brooklyn Investment Group bought a new position in shares of Williams-Sonoma during the 3rd quarter worth about $28,000. Finally, Clean Yield Group acquired a new stake in shares of Williams-Sonoma in the 3rd quarter valued at about $30,000. Institutional investors own 99.29% of the company’s stock.

Williams-Sonoma Stock Performance

NYSE:WSM opened at $192.53 on Wednesday. Williams-Sonoma, Inc. has a 52 week low of $95.76 and a 52 week high of $200.56. The firm has a 50-day moving average price of $175.15 and a two-hundred day moving average price of $154.27. The firm has a market cap of $23.70 billion, a price-to-earnings ratio of 22.77, a price-to-earnings-growth ratio of 2.98 and a beta of 1.79.

Williams-Sonoma Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, January 17th will be given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date is Friday, January 17th. Williams-Sonoma’s payout ratio is 26.98%.

Insider Buying and Selling

In other news, CFO Jeffrey Howie sold 3,160 shares of the firm’s 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 completion of the sale, the chief financial officer now directly owns 46,388 shares of the company’s stock, valued at $8,228,767.32. This trade represents a 6.38 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Laura Alber sold 40,000 shares of the business’s 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 transaction, the chief executive officer now directly owns 990,956 shares in the company, valued at $129,309,848.44. This trade represents a 3.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

WSM has been the topic of several recent research reports. Wedbush increased their price target on Williams-Sonoma from $135.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, November 21st. Telsey Advisory Group increased their target price on Williams-Sonoma from $165.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, November 21st. Citigroup reduced their price target on shares of Williams-Sonoma from $140.00 to $134.00 and set a “neutral” rating for the company in a research report on Friday, November 8th. Jefferies Financial Group upped their price objective on shares of Williams-Sonoma from $194.00 to $226.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Finally, Evercore ISI lifted their price objective 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. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Williams-Sonoma has a consensus rating of “Hold” and an average target price of $160.03.

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.