1,217 Shares in Williams-Sonoma, Inc. (NYSE:WSM) Acquired by Money Concepts Capital Corp

Money Concepts Capital Corp purchased a new position in Williams-Sonoma, Inc. (NYSE:WSM) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 1,217 shares of the specialty retailer’s stock, valued at approximately $225,000.

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

Williams-Sonoma Stock Up 0.7 %

Shares of Williams-Sonoma stock opened at $210.91 on Friday. Williams-Sonoma, Inc. has a 52 week low of $101.68 and a 52 week high of $219.98. The stock’s fifty day moving average is $194.90 and its two-hundred day moving average is $161.16. The company has a market capitalization of $25.96 billion, a PE ratio of 24.94, a price-to-earnings-growth ratio of 2.98 and a beta of 1.79.

Williams-Sonoma Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, January 17th will be given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date of this dividend is Friday, January 17th. Williams-Sonoma’s payout ratio is 26.98%.

Analyst Ratings Changes

Several analysts have recently issued reports on WSM shares. Morgan Stanley upped their price objective on Williams-Sonoma from $170.00 to $195.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 21st. Citigroup decreased their price objective on Williams-Sonoma from $140.00 to $134.00 and set a “neutral” rating on the stock in a report on Friday, November 8th. Jefferies Financial Group upped their price objective on Williams-Sonoma from $194.00 to $226.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Barclays upped their price objective on Williams-Sonoma from $116.00 to $123.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. Finally, Wedbush boosted their target price on Williams-Sonoma from $135.00 to $175.00 and gave the company a “neutral” rating in a research report on Thursday, November 21st. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Williams-Sonoma currently has a consensus rating of “Hold” and an average price target of $172.34.

Insider Transactions at Williams-Sonoma

In related 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 transaction of $560,552.40. Following the completion of 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 position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Laura Alber sold 45,000 shares of the company’s 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 sale, 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 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. 1.50% of the stock is currently owned by corporate 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.