Captrust Financial Advisors Has $96.15 Million Holdings in Williams-Sonoma, Inc. (NYSE:WSM)

Captrust Financial Advisors lifted its position in Williams-Sonoma, Inc. (NYSE:WSM) by 102.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 620,661 shares of the specialty retailer’s stock after acquiring an additional 314,134 shares during the period. Captrust Financial Advisors owned approximately 0.49% of Williams-Sonoma worth $96,153,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of WSM. FMR LLC raised its holdings in Williams-Sonoma by 72.7% in the third quarter. FMR LLC now owns 8,781,201 shares of the specialty retailer’s stock worth $1,360,384,000 after purchasing an additional 3,695,837 shares during the period. Pacer Advisors Inc. grew its holdings in shares of Williams-Sonoma by 118.7% in the 3rd quarter. Pacer Advisors Inc. now owns 2,110,320 shares of the specialty retailer’s stock valued at $326,931,000 after buying an additional 1,145,410 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Williams-Sonoma by 104.8% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,105,336 shares of the specialty retailer’s stock valued at $171,239,000 after buying an additional 565,745 shares during the period. Principal Financial Group Inc. grew its holdings in shares of Williams-Sonoma by 84.5% in the 3rd quarter. Principal Financial Group Inc. now owns 1,020,489 shares of the specialty retailer’s stock valued at $158,085,000 after buying an additional 467,407 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Williams-Sonoma by 98.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 833,355 shares of the specialty retailer’s stock valued at $129,103,000 after buying an additional 413,226 shares during the period. Institutional investors own 99.29% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on WSM. Robert W. Baird decreased their price target on shares of Williams-Sonoma from $150.00 to $140.00 and set a “neutral” rating for the company in a report on Friday, August 23rd. Wedbush boosted their price target on shares of Williams-Sonoma from $135.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, November 21st. Royal Bank of Canada boosted their price target on shares of Williams-Sonoma from $162.00 to $189.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. Jefferies Financial Group raised shares of Williams-Sonoma from a “hold” rating to a “buy” rating and boosted their price target for the company from $148.00 to $156.00 in a report on Wednesday, September 11th. Finally, Evercore ISI boosted their price target on shares of Williams-Sonoma from $140.00 to $180.00 and gave the company an “in-line” rating in a report on Thursday, November 21st. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $154.41.

Insiders Place Their Bets

In other news, CEO Laura Alber sold 40,000 shares of the business’s stock in a transaction dated 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 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 1.50% of the company’s stock.

Williams-Sonoma Price Performance

Shares of NYSE:WSM opened at $171.39 on Friday. The company’s 50-day moving average price is $145.73 and its two-hundred day moving average price is $145.38. Williams-Sonoma, Inc. has a one year low of $90.87 and a one year high of $181.42. The stock has a market capitalization of $21.10 billion, a PE ratio of 20.27, a price-to-earnings-growth ratio of 2.61 and a beta of 1.76.

Williams-Sonoma Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, October 18th were given a dividend of $0.57 per share. The ex-dividend date was Friday, October 18th. This represents a $2.28 annualized dividend and a yield of 1.33%. Williams-Sonoma’s dividend payout ratio (DPR) is presently 26.97%.

Williams-Sonoma 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.