Williams-Sonoma, Inc. (NYSE:WSM) Shares Acquired by Roberts Wealth Advisors LLC

Roberts Wealth Advisors LLC lifted its holdings in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 25.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 27,147 shares of the specialty retailer’s stock after buying an additional 5,495 shares during the period. Williams-Sonoma makes up approximately 1.6% of Roberts Wealth Advisors LLC’s holdings, making the stock its 15th largest position. Roberts Wealth Advisors LLC’s holdings in Williams-Sonoma were worth $5,390,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in WSM. FMR LLC grew its stake in shares of Williams-Sonoma by 72.7% in the 3rd quarter. FMR LLC now owns 8,781,201 shares of the specialty retailer’s stock valued at $1,360,384,000 after purchasing an additional 3,695,837 shares during the last quarter. State Street Corp grew its position in Williams-Sonoma by 108.8% in the 3rd quarter. State Street Corp now owns 5,329,125 shares of the specialty retailer’s stock valued at $825,588,000 after buying an additional 2,777,339 shares during the last quarter. Geode Capital Management LLC increased its stake in Williams-Sonoma by 107.5% in the 3rd quarter. Geode Capital Management LLC now owns 2,689,451 shares of the specialty retailer’s stock valued at $418,223,000 after buying an additional 1,393,436 shares during the period. Pacer Advisors Inc. raised its position in Williams-Sonoma by 118.7% during the 3rd quarter. Pacer Advisors Inc. now owns 2,110,320 shares of the specialty retailer’s stock worth $326,931,000 after buying an additional 1,145,410 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its stake in shares of Williams-Sonoma by 324.4% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,036,256 shares of the specialty retailer’s stock worth $160,537,000 after acquiring an additional 792,068 shares during the period. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Williams-Sonoma Price Performance

Shares of NYSE WSM opened at $209.73 on Wednesday. The firm’s 50-day moving average is $180.75 and its two-hundred day moving average is $155.99. The company has a market capitalization of $25.82 billion, a PE ratio of 24.81, a price-to-earnings-growth ratio of 3.07 and a beta of 1.79. Williams-Sonoma, Inc. has a 12-month low of $95.76 and a 12-month high of $210.91.

Williams-Sonoma Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Shareholders 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 yield of 1.09%. The ex-dividend date is Friday, January 17th. Williams-Sonoma’s dividend payout ratio (DPR) is presently 26.97%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on WSM. Evercore ISI increased their price target on shares of Williams-Sonoma from $140.00 to $180.00 and gave the stock an “in-line” rating in a report on Thursday, November 21st. Wedbush increased their target price on Williams-Sonoma from $135.00 to $175.00 and gave the stock a “neutral” rating in a research note on Thursday, November 21st. Wells Fargo & Company lifted their price target on Williams-Sonoma from $165.00 to $185.00 and gave the company an “equal weight” rating in a research note on Monday, January 6th. Telsey Advisory Group increased their price objective on Williams-Sonoma from $165.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. Finally, Loop Capital boosted their target price 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. Three research 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. According to MarketBeat.com, Williams-Sonoma presently has a consensus rating of “Hold” and an average price target of $163.16.

Insiders Place Their Bets

In other news, CFO Jeffrey Howie sold 3,160 shares of the company’s stock in a transaction on 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Laura Alber sold 40,000 shares of Williams-Sonoma stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $130.49, for a total value of $5,219,600.00. Following the sale, the chief executive officer now owns 990,956 shares of the company’s stock, valued at approximately $129,309,848.44. This represents a 3.88 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by company insiders.

About Williams-Sonoma

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.