Transamerica Financial Advisors Inc. Acquires Shares of 739 Williams-Sonoma, Inc. (NYSE:WSM)

Transamerica Financial Advisors Inc. acquired a new stake in Williams-Sonoma, Inc. (NYSE:WSM) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 739 shares of the specialty retailer’s stock, valued at approximately $115,000.

Other large investors also recently bought and sold shares of the company. Quest Partners LLC acquired a new stake in Williams-Sonoma in the second quarter valued at approximately $26,000. Crewe Advisors LLC acquired a new stake in shares of Williams-Sonoma during the second quarter worth approximately $29,000. Hobbs Group Advisors LLC acquired a new stake in shares of Williams-Sonoma during the second quarter worth approximately $33,000. Smithfield Trust Co grew its position 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 in the last quarter. Finally, Cassady Schiller Wealth Management LLC grew its position in shares of Williams-Sonoma by 100.0% during the third 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 in the last quarter. Institutional investors and hedge funds own 99.29% of the company’s stock.

Insider Activity at Williams-Sonoma

In related news, CEO Laura Alber sold 40,000 shares of Williams-Sonoma stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $130.49, for a total transaction of $5,219,600.00. Following the sale, the chief executive officer now directly owns 990,956 shares in the company, valued at $129,309,848.44. The trade was a 3.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.50% of the company’s stock.

Williams-Sonoma Stock Performance

WSM stock opened at $171.37 on Thursday. The stock has a market capitalization of $21.10 billion, a price-to-earnings ratio of 20.27, a PEG ratio of 2.65 and a beta of 1.76. Williams-Sonoma, Inc. has a 1 year low of $90.87 and a 1 year high of $181.42. The stock’s fifty day moving average is $145.30 and its two-hundred day moving average is $145.20.

Williams-Sonoma Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, October 18th were paid a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date was Friday, October 18th. Williams-Sonoma’s dividend payout ratio is currently 26.97%.

Analyst Ratings Changes

A number of analysts have recently weighed in on WSM shares. Wedbush raised their price target on shares of Williams-Sonoma from $135.00 to $175.00 and gave the stock a “neutral” rating in a research report on Thursday, November 21st. Telsey Advisory Group raised their price target on shares of Williams-Sonoma from $165.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. Loop Capital raised their price target on shares of Williams-Sonoma from $145.00 to $180.00 and gave the stock a “hold” rating in a research report on Thursday, November 21st. Evercore ISI raised their price target on shares of Williams-Sonoma from $140.00 to $180.00 and gave the stock an “in-line” rating in a research report on Thursday, November 21st. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Williams-Sonoma from $136.00 to $145.00 and gave the stock a “neutral” rating in a report on Tuesday, November 19th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $154.41.

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.