1,214 Shares in Williams-Sonoma, Inc. (NYSE:WSM) Bought by TFB Advisors LLC

TFB Advisors LLC purchased a new stake 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 & Exchange Commission. The firm purchased 1,214 shares of the specialty retailer’s stock, valued at approximately $225,000.

Several other hedge funds have also recently added to or reduced their stakes in WSM. Oppenheimer & Co. Inc. raised its holdings in shares of Williams-Sonoma by 186.0% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 7,536 shares of the specialty retailer’s stock valued at $1,167,000 after buying an additional 4,901 shares in the last quarter. OneDigital Investment Advisors LLC grew its position in Williams-Sonoma by 97.1% during the third quarter. OneDigital Investment Advisors LLC now owns 6,167 shares of the specialty retailer’s stock valued at $955,000 after acquiring an additional 3,038 shares during the last quarter. Stifel Financial Corp raised its stake in shares of Williams-Sonoma by 94.8% during the third quarter. Stifel Financial Corp now owns 19,535 shares of the specialty retailer’s stock worth $3,026,000 after acquiring an additional 9,509 shares in the last quarter. Intech Investment Management LLC lifted its holdings in shares of Williams-Sonoma by 27.2% in the 3rd quarter. Intech Investment Management LLC now owns 38,512 shares of the specialty retailer’s stock worth $5,966,000 after acquiring an additional 8,237 shares during the last quarter. Finally, Cerity Partners LLC boosted its stake in shares of Williams-Sonoma by 67.4% in the 3rd quarter. Cerity Partners LLC now owns 29,959 shares of the specialty retailer’s stock valued at $4,641,000 after purchasing an additional 12,061 shares in the last quarter. Institutional investors own 99.29% of the company’s stock.

Insider Buying and Selling at Williams-Sonoma

In other Williams-Sonoma news, CEO Laura Alber sold 40,000 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $130.49, for a total value of $5,219,600.00. Following the sale, the chief executive officer now owns 990,956 shares in the company, valued at approximately $129,309,848.44. This represents a 3.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Jeffrey Howie sold 3,160 shares of Williams-Sonoma stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $177.39, for a total transaction of $560,552.40. Following the transaction, the chief financial officer now owns 46,388 shares of the company’s stock, valued at $8,228,767.32. The trade was a 6.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 88,160 shares of company stock valued at $15,129,352. 1.50% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

WSM has been the topic of a number of analyst reports. The Goldman Sachs Group lifted 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. Loop Capital lifted their price objective on Williams-Sonoma from $145.00 to $180.00 and gave the stock a “hold” rating in a report on Thursday, November 21st. TD Cowen increased their target price on Williams-Sonoma from $165.00 to $195.00 and gave the company a “buy” rating in a report on Thursday, November 21st. JPMorgan Chase & Co. boosted their price objective on Williams-Sonoma from $136.00 to $145.00 and gave the company a “neutral” rating in a research report on Tuesday, November 19th. Finally, Jefferies Financial Group increased their price objective on Williams-Sonoma from $194.00 to $226.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $172.34.

Williams-Sonoma Stock Performance

WSM stock opened at $203.82 on Thursday. Williams-Sonoma, Inc. has a fifty-two week low of $108.19 and a fifty-two week high of $219.98. The company has a market capitalization of $25.09 billion, a price-to-earnings ratio of 24.11, a price-to-earnings-growth ratio of 2.91 and a beta of 1.79. The business’s 50 day moving average price is $197.52 and its two-hundred day moving average price is $162.78.

Williams-Sonoma Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, January 17th will be issued a $0.57 dividend. The ex-dividend date of this dividend is Friday, January 17th. This represents a $2.28 dividend on an annualized basis and a yield of 1.12%. Williams-Sonoma’s dividend payout ratio (DPR) is 26.97%.

About Williams-Sonoma

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.