Williams-Sonoma, Inc. (NYSE:WSM) Stock Holdings Decreased by Amundi

Amundi decreased its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 10.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 961,959 shares of the specialty retailer’s stock after selling 115,651 shares during the period. Amundi owned about 0.78% of Williams-Sonoma worth $182,119,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Resonant Capital Advisors LLC lifted its holdings in Williams-Sonoma by 1.6% during 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 during the last quarter. Westmount Partners LLC boosted its holdings in Williams-Sonoma by 1.0% in the fourth quarter. Westmount Partners LLC now owns 6,242 shares of the specialty retailer’s stock worth $1,156,000 after purchasing an additional 59 shares during the period. Bailard Inc. increased its stake in Williams-Sonoma by 1.6% during the fourth quarter. Bailard Inc. now owns 4,091 shares of the specialty retailer’s stock valued at $758,000 after purchasing an additional 66 shares during the last quarter. 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 worth $25,000 after purchasing an additional 80 shares during the period. Finally, Cassady Schiller Wealth Management LLC lifted its position in shares of 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 buying an additional 83 shares during the last quarter. 99.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Williams-Sonoma

In other Williams-Sonoma news, CEO Laura Alber sold 45,000 shares of the company’s stock in a transaction dated 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 directly owns 944,666 shares of the company’s stock, valued at approximately $196,263,808.16. This represents a 4.55 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Jeffrey Howie sold 1,408 shares of Williams-Sonoma stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $194.32, for a total transaction of $273,602.56. Following the completion of the transaction, the chief financial officer now directly owns 46,388 shares in the company, valued at approximately $9,014,116.16. This trade represents a 2.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is owned by corporate insiders.

Williams-Sonoma Stock Up 3.5 %

Shares of WSM stock opened at $188.83 on Monday. The stock has a 50-day simple moving average of $201.32 and a 200 day simple moving average of $170.00. Williams-Sonoma, Inc. has a fifty-two week low of $117.13 and a fifty-two week high of $219.98. 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.

Williams-Sonoma Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, January 17th were issued 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 of this dividend was Friday, January 17th. Williams-Sonoma’s payout ratio is 26.98%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on WSM. Barclays boosted their price objective on shares of Williams-Sonoma from $116.00 to $123.00 and gave the company an “underweight” rating in a research report on Thursday, November 21st. Gordon Haskett raised Williams-Sonoma to a “hold” rating in a report on Thursday, February 13th. JPMorgan Chase & Co. increased their price target on Williams-Sonoma from $136.00 to $145.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 19th. The Goldman Sachs Group boosted their price objective on Williams-Sonoma from $170.00 to $224.00 and gave the company a “neutral” rating in a research report on Thursday, January 30th. Finally, Jefferies Financial Group increased their target price on Williams-Sonoma from $194.00 to $226.00 and gave the stock a “buy” rating in a research report on Wednesday, December 18th. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $173.28.

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.