Robeco Schweiz AG trimmed its position in shares of Williams-Sonoma, Inc. (NYSE:WSM – Free Report) by 6.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,224 shares of the specialty retailer’s stock after selling 81 shares during the period. Robeco Schweiz AG’s holdings in Williams-Sonoma were worth $227,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in the company. Private Advisor Group LLC raised its stake in shares of Williams-Sonoma by 94.6% in the third quarter. Private Advisor Group LLC now owns 7,389 shares of the specialty retailer’s stock valued at $1,145,000 after purchasing an additional 3,592 shares in the last quarter. International Assets Investment Management LLC increased its holdings in Williams-Sonoma by 30,883.3% in the 3rd quarter. International Assets Investment Management LLC now owns 1,859 shares of the specialty retailer’s stock valued at $288,000 after buying an additional 1,853 shares during the period. Assenagon Asset Management S.A. raised its stake in shares of Williams-Sonoma by 141.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 8,896 shares of the specialty retailer’s stock valued at $1,378,000 after buying an additional 5,212 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Williams-Sonoma by 109.2% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,702 shares of the specialty retailer’s stock worth $726,000 after acquiring an additional 2,454 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Williams-Sonoma by 101.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 25,865 shares of the specialty retailer’s stock worth $4,007,000 after acquiring an additional 13,054 shares during the period. Institutional investors and hedge funds own 99.29% of the company’s stock.
Insider Transactions at Williams-Sonoma
In other news, CEO Laura Alber sold 45,000 shares of Williams-Sonoma stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $207.76, for a total transaction of $9,349,200.00. Following the transaction, the chief executive officer now directly 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Jeffrey Howie sold 3,160 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were 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 owns 46,388 shares of the company’s stock, valued at approximately $8,228,767.32. This represents a 6.38 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company’s stock.
Williams-Sonoma Stock Up 1.0 %
Williams-Sonoma Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, January 17th were issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date was Friday, January 17th. Williams-Sonoma’s dividend payout ratio (DPR) is currently 26.98%.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on WSM. Royal Bank of Canada upped their target price on shares of Williams-Sonoma from $162.00 to $189.00 and gave the company an “outperform” rating in a research note on Thursday, November 21st. Citigroup cut their target price on shares of Williams-Sonoma from $140.00 to $134.00 and set a “neutral” rating for the company in a research note on Friday, November 8th. Barclays boosted their target price on Williams-Sonoma from $116.00 to $123.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. Gordon Haskett raised Williams-Sonoma to a “hold” rating in a report on Thursday, February 13th. Finally, Loop Capital boosted their price objective on Williams-Sonoma from $145.00 to $180.00 and gave the stock a “hold” rating in a research note on Thursday, November 21st. Two equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $172.34.
Get Our Latest Research Report on WSM
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.
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