Williams-Sonoma, Inc. (NYSE:WSM) Shares Acquired by Hyperion Capital Advisors LP

Hyperion Capital Advisors LP raised its holdings in Williams-Sonoma, Inc. (NYSE:WSM) by 100.0% in the third quarter, Holdings Channel.com reports. The fund owned 2,020 shares of the specialty retailer’s stock after acquiring an additional 1,010 shares during the period. Hyperion Capital Advisors LP’s holdings in Williams-Sonoma were worth $313,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Financial Counselors Inc. bought a new stake in shares of Williams-Sonoma in the 3rd quarter worth approximately $200,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Williams-Sonoma by 104.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,105,336 shares of the specialty retailer’s stock worth $171,239,000 after buying an additional 565,745 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Williams-Sonoma by 117.1% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 159,320 shares of the specialty retailer’s stock valued at $24,682,000 after buying an additional 85,941 shares in the last quarter. Bell Investment Advisors Inc lifted its position in shares of Williams-Sonoma by 105.1% during the 3rd quarter. Bell Investment Advisors Inc now owns 320 shares of the specialty retailer’s stock valued at $50,000 after acquiring an additional 164 shares during the last quarter. Finally, MetLife Investment Management LLC lifted its position in shares of Williams-Sonoma by 96.5% during the 3rd quarter. MetLife Investment Management LLC now owns 69,881 shares of the specialty retailer’s stock valued at $10,826,000 after acquiring an additional 34,311 shares during the last quarter. Institutional investors own 99.29% of the company’s stock.

Insider Buying and Selling

In related news, CEO Laura Alber sold 40,000 shares of the business’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $130.49, for a total transaction of $5,219,600.00. Following the transaction, 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 legal filing with the SEC, which is available at this link. 1.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on WSM shares. Wells Fargo & Company increased their price objective on Williams-Sonoma from $140.00 to $165.00 and gave the company an “equal weight” rating in a research report on Thursday, November 21st. Barclays increased their price objective on Williams-Sonoma from $116.00 to $123.00 and gave the company an “underweight” rating in a research report on Thursday, November 21st. Evercore ISI increased their price objective on Williams-Sonoma from $140.00 to $180.00 and gave the company an “in-line” rating in a research report on Thursday, November 21st. Royal Bank of Canada increased their price objective on Williams-Sonoma from $162.00 to $189.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. Finally, Jefferies Financial Group upgraded Williams-Sonoma from a “hold” rating to a “buy” rating and increased their target price for the company from $148.00 to $156.00 in a report on Wednesday, September 11th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $154.41.

Williams-Sonoma Stock Down 1.5 %

Shares of NYSE:WSM opened at $171.37 on Thursday. The business has a 50 day moving average price of $145.30 and a 200 day moving average price of $145.20. The company has a market cap 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 twelve month low of $90.87 and a twelve month high of $181.42.

Williams-Sonoma Dividend Announcement

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

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.