Sanctuary Advisors LLC Lowers Stock Holdings in Williams-Sonoma, Inc. (NYSE:WSM)

Sanctuary Advisors LLC reduced its stake in Williams-Sonoma, Inc. (NYSE:WSM) by 1.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,198 shares of the specialty retailer’s stock after selling 591 shares during the quarter. Sanctuary Advisors LLC’s holdings in Williams-Sonoma were worth $7,814,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Smithfield Trust Co grew its stake in shares of Williams-Sonoma by 100.0% in the third quarter. Smithfield Trust Co now owns 160 shares of the specialty retailer’s stock worth $25,000 after acquiring an additional 80 shares during the last quarter. Cassady Schiller Wealth Management LLC grew its position in Williams-Sonoma by 100.0% during the 3rd quarter. Cassady Schiller Wealth Management LLC now owns 166 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 83 shares during the last quarter. Brooklyn Investment Group bought a new stake in Williams-Sonoma during the 3rd quarter valued at about $28,000. HM Payson & Co. raised its holdings in Williams-Sonoma by 100.0% in the third quarter. HM Payson & Co. now owns 200 shares of the specialty retailer’s stock worth $31,000 after buying an additional 100 shares during the last quarter. Finally, Sittner & Nelson LLC lifted its stake in shares of Williams-Sonoma by 100.0% in the third quarter. Sittner & Nelson LLC now owns 200 shares of the specialty retailer’s stock worth $31,000 after buying an additional 100 shares in the last quarter. Institutional investors own 99.29% of the company’s stock.

Analyst Upgrades and Downgrades

WSM has been the subject of a number of recent analyst reports. Royal Bank of Canada boosted their price objective on shares of Williams-Sonoma from $162.00 to $189.00 and gave the stock an “outperform” rating in a report on Thursday, November 21st. Evercore ISI boosted their price target on Williams-Sonoma from $140.00 to $180.00 and gave the stock an “in-line” rating in a research note on Thursday, November 21st. Citigroup reduced their price objective on Williams-Sonoma from $140.00 to $134.00 and set a “neutral” rating for the company in a report on Friday, November 8th. Gordon Haskett raised Williams-Sonoma to a “hold” rating in a research report on Thursday, February 13th. Finally, Loop Capital raised their price target on shares of Williams-Sonoma from $145.00 to $180.00 and gave the company a “hold” rating in a report on Thursday, November 21st. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $172.34.

Williams-Sonoma Stock Performance

NYSE WSM opened at $213.61 on Thursday. The business’s fifty day moving average is $200.43 and its 200 day moving average is $165.34. The company has a market capitalization of $26.30 billion, a PE ratio of 25.26, a price-to-earnings-growth ratio of 2.96 and a beta of 1.79. Williams-Sonoma, Inc. has a fifty-two week low of $108.74 and a fifty-two week high of $219.98.

Williams-Sonoma Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, January 17th will be issued a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 1.07%. The ex-dividend date of this dividend is Friday, January 17th. Williams-Sonoma’s dividend payout ratio is 26.98%.

Insiders Place Their Bets

In other Williams-Sonoma news, CEO Laura Alber sold 45,000 shares of the stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $207.76, for a total value of $9,349,200.00. Following the completion of the sale, the chief executive officer now owns 944,666 shares in the company, valued at approximately $196,263,808.16. This represents a 4.55 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Jeffrey Howie sold 3,160 shares of the business’s stock in a transaction dated 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 transaction, the chief financial officer now owns 46,388 shares in the company, 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. 1.50% of the stock is owned by company insiders.

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.