Williams-Sonoma, Inc. (NYSE:WSM) Receives $158.78 Consensus PT from Analysts

Shares of Williams-Sonoma, Inc. (NYSE:WSM) have received a consensus rating of “Hold” from the eighteen analysts that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $158.78.

Several research firms have issued reports on WSM. TD Cowen lifted their target price on Williams-Sonoma from $165.00 to $195.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Evercore ISI lifted their price objective 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. Wedbush increased their target price on shares of Williams-Sonoma from $135.00 to $175.00 and gave the company a “neutral” rating in a research report on Thursday, November 21st. Jefferies Financial Group raised their target price on shares of Williams-Sonoma from $194.00 to $226.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Finally, Telsey Advisory Group upped their price target on Williams-Sonoma from $165.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st.

Insider Activity at Williams-Sonoma

In related news, CEO Laura Alber sold 40,000 shares of the business’s stock in a transaction on 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 completion of 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Jeffrey Howie sold 3,160 shares of the stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $177.39, for a total value of $560,552.40. Following the sale, the chief financial officer now directly owns 46,388 shares in the company, valued at $8,228,767.32. This represents 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 insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. UMB Bank n.a. grew its stake in shares of Williams-Sonoma by 245.5% during the 2nd quarter. UMB Bank n.a. now owns 190 shares of the specialty retailer’s stock worth $54,000 after purchasing an additional 135 shares during the period. Signaturefd LLC increased its holdings in Williams-Sonoma by 6.4% in the second quarter. Signaturefd LLC now owns 2,494 shares of the specialty retailer’s stock valued at $704,000 after buying an additional 150 shares in the last quarter. iA Global Asset Management Inc. acquired a new position in shares of Williams-Sonoma in the second quarter worth about $469,000. Hantz Financial Services Inc. purchased a new stake in shares of Williams-Sonoma during the 2nd quarter worth about $515,000. Finally, Banque Cantonale Vaudoise boosted its stake in shares of Williams-Sonoma by 1,606.8% during the 2nd quarter. Banque Cantonale Vaudoise now owns 10,531 shares of the specialty retailer’s stock worth $2,973,000 after acquiring an additional 9,914 shares in the last quarter. 99.29% of the stock is currently owned by hedge funds and other institutional investors.

Williams-Sonoma Trading Up 2.7 %

Shares of NYSE:WSM opened at $192.70 on Friday. The company has a market capitalization of $23.72 billion, a PE ratio of 22.79, a P/E/G ratio of 2.98 and a beta of 1.79. Williams-Sonoma has a 12-month low of $95.76 and a 12-month high of $199.41. The business’s fifty day simple moving average is $166.44 and its 200-day simple moving average is $152.05.

Williams-Sonoma Announces Dividend

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 dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date is Friday, January 17th. Williams-Sonoma’s dividend payout ratio (DPR) is 26.98%.

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.