LGL Partners LLC Buys New Shares in Williams-Sonoma, Inc. (NYSE:WSM)

LGL Partners LLC purchased a new position in Williams-Sonoma, Inc. (NYSE:WSM) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 1,111 shares of the specialty retailer’s stock, valued at approximately $206,000.

Several other institutional investors and hedge funds also recently made changes to their positions in WSM. Smithfield Trust Co lifted its stake in shares of Williams-Sonoma by 100.0% in the third quarter. Smithfield Trust Co now owns 160 shares of the specialty retailer’s stock valued at $25,000 after buying an additional 80 shares during the period. Cassady Schiller Wealth Management LLC lifted its position in shares of 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 acquiring an additional 83 shares during the period. Brooklyn Investment Group bought a new stake in shares of Williams-Sonoma in the 3rd quarter worth approximately $28,000. HM Payson & Co. grew its holdings in shares of Williams-Sonoma by 100.0% during 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 increased its position in shares of Williams-Sonoma by 100.0% during the third quarter. Sittner & Nelson LLC now owns 200 shares of the specialty retailer’s stock valued at $31,000 after purchasing an additional 100 shares during the period. Institutional investors own 99.29% of the company’s stock.

Williams-Sonoma Stock Performance

WSM opened at $196.37 on Wednesday. Williams-Sonoma, Inc. has a twelve month low of $113.25 and a twelve month high of $219.98. The firm has a market cap of $24.17 billion, a PE ratio of 23.23, a price-to-earnings-growth ratio of 2.89 and a beta of 1.79. The firm’s fifty day moving average is $200.75 and its two-hundred day moving average is $167.23.

Williams-Sonoma Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, January 17th were paid a $0.57 dividend. The ex-dividend date of this dividend was Friday, January 17th. This represents a $2.28 dividend on an annualized basis and a yield of 1.16%. Williams-Sonoma’s payout ratio is 26.98%.

Analysts Set New Price Targets

Several research analysts recently commented on WSM shares. Telsey Advisory Group raised their target price on Williams-Sonoma from $165.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. Jefferies Financial Group raised their price objective on shares of Williams-Sonoma from $194.00 to $226.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. TD Cowen upped their target price on shares of 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 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 research report on Thursday, November 21st. Finally, Wedbush lifted their price objective on Williams-Sonoma from $135.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, November 21st. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $172.34.

Insider Activity

In other Williams-Sonoma news, CEO Laura Alber sold 45,000 shares of the stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $207.76, for a total transaction of $9,349,200.00. Following the completion of the transaction, the chief executive officer now owns 944,666 shares in the company, valued at approximately $196,263,808.16. This represents a 4.55 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Jeffrey Howie sold 3,160 shares of Williams-Sonoma stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $177.39, for a total value 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 disclosure for this sale can be found here. 1.50% of the stock is currently owned by company 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.