Williams-Sonoma, Inc. (NYSE:WSM) Position Trimmed by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC trimmed its position in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 6.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,933 shares of the specialty retailer’s stock after selling 201 shares during the quarter. Impact Partnership Wealth LLC’s holdings in Williams-Sonoma were worth $543,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Sei Investments Co. lifted its position in shares of Williams-Sonoma by 675.8% during the 2nd quarter. Sei Investments Co. now owns 56,488 shares of the specialty retailer’s stock worth $15,950,000 after buying an additional 49,207 shares during the period. Frank Rimerman Advisors LLC acquired a new position in Williams-Sonoma during the second quarter worth $253,000. 1832 Asset Management L.P. bought a new position in shares of Williams-Sonoma in the 2nd quarter valued at about $2,389,000. Evergreen Capital Management LLC boosted its holdings in shares of Williams-Sonoma by 49.2% during the second quarter. Evergreen Capital Management LLC now owns 2,181 shares of the specialty retailer’s stock worth $616,000 after acquiring an additional 719 shares during the period. Finally, Bank of Montreal Can boosted its holdings in Williams-Sonoma by 202.2% in the 2nd quarter. Bank of Montreal Can now owns 86,359 shares of the specialty retailer’s stock valued at $25,498,000 after purchasing an additional 57,780 shares during the period. Institutional investors own 99.29% of the company’s stock.

Williams-Sonoma Price Performance

Shares of Williams-Sonoma stock opened at $211.79 on Friday. The stock’s 50 day simple moving average is $184.01 and its 200-day simple moving average is $156.87. The stock has a market cap of $26.07 billion, a P/E ratio of 25.05, a P/E/G ratio of 3.21 and a beta of 1.79. Williams-Sonoma, Inc. has a 1-year low of $95.76 and a 1-year high of $212.92.

Williams-Sonoma Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, January 17th will be paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date is Friday, January 17th. Williams-Sonoma’s dividend payout ratio (DPR) is 26.97%.

Insider Buying and Selling

In related news, CEO Laura Alber sold 45,000 shares of the firm’s stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $207.76, for a total transaction 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. This trade represents a 4.55 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available 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 value of $560,552.40. Following the completion of the sale, the chief financial officer now owns 46,388 shares in the company, valued at approximately $8,228,767.32. This trade represents a 6.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 88,160 shares of company stock valued at $15,129,352. Corporate insiders own 1.50% of the company’s stock.

Analyst Ratings Changes

WSM has been the subject of several analyst reports. Royal Bank of Canada raised their target price on Williams-Sonoma from $162.00 to $189.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. Barclays boosted their price objective on Williams-Sonoma from $116.00 to $123.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st. Morgan Stanley raised their price objective on shares of Williams-Sonoma from $170.00 to $195.00 and gave the company an “equal weight” rating in a research report on Tuesday. JPMorgan Chase & Co. raised their target price on Williams-Sonoma from $136.00 to $145.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 19th. Finally, TD Cowen upped their target price on shares of Williams-Sonoma from $165.00 to $195.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $163.16.

Williams-Sonoma 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.