Smartleaf Asset Management LLC Has $293,000 Stock Position in Williams-Sonoma, Inc. (NYSE:WSM)

Smartleaf Asset Management LLC lifted its holdings in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 255.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,573 shares of the specialty retailer’s stock after purchasing an additional 1,130 shares during the period. Smartleaf Asset Management LLC’s holdings in Williams-Sonoma were worth $293,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of WSM. FMR LLC lifted its holdings in Williams-Sonoma by 72.7% during the 3rd quarter. FMR LLC now owns 8,781,201 shares of the specialty retailer’s stock worth $1,360,384,000 after buying an additional 3,695,837 shares during the period. State Street Corp raised its position in shares of Williams-Sonoma by 108.8% during the third quarter. State Street Corp now owns 5,329,125 shares of the specialty retailer’s stock worth $825,588,000 after acquiring an additional 2,777,339 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Williams-Sonoma by 107.5% in the third quarter. Geode Capital Management LLC now owns 2,689,451 shares of the specialty retailer’s stock worth $418,223,000 after acquiring an additional 1,393,436 shares during the period. Pacer Advisors Inc. boosted its holdings in Williams-Sonoma by 118.7% in the third quarter. Pacer Advisors Inc. now owns 2,110,320 shares of the specialty retailer’s stock valued at $326,931,000 after acquiring an additional 1,145,410 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Williams-Sonoma by 104.8% during 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 purchasing an additional 565,745 shares during the period. Institutional investors own 99.29% of the company’s stock.

Williams-Sonoma Trading Up 2.2 %

Williams-Sonoma stock opened at $187.50 on Thursday. The firm has a market capitalization of $23.08 billion, a price-to-earnings ratio of 22.18, a price-to-earnings-growth ratio of 2.89 and a beta of 1.79. The firm’s fifty day moving average price is $201.37 and its two-hundred day moving average price is $169.16. Williams-Sonoma, Inc. has a 1-year low of $117.13 and a 1-year high of $219.98.

Williams-Sonoma Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, January 17th were paid a dividend of $0.57 per share. The ex-dividend date was Friday, January 17th. This represents a $2.28 dividend on an annualized basis and a yield of 1.22%. Williams-Sonoma’s dividend payout ratio (DPR) is currently 26.98%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on WSM. Morgan Stanley boosted their price target on shares of Williams-Sonoma from $170.00 to $195.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 21st. Loop Capital boosted their target price on shares of Williams-Sonoma from $145.00 to $180.00 and gave the company a “hold” rating in a report on Thursday, November 21st. Wedbush reiterated a “neutral” rating and set a $190.00 price target (up from $175.00) on shares of Williams-Sonoma in a report on Friday, February 28th. Gordon Haskett raised Williams-Sonoma to a “hold” rating in a research note on Thursday, February 13th. Finally, Citigroup decreased their target price on Williams-Sonoma from $140.00 to $134.00 and set a “neutral” rating for the company in a research note on Friday, November 8th. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $173.28.

Insiders Place Their Bets

In other news, CEO Laura Alber sold 45,000 shares of the business’s stock in a transaction that occurred 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 transaction, the chief executive officer now owns 944,666 shares in the company, valued at $196,263,808.16. The trade was a 4.55 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Jeffrey Howie sold 1,408 shares of the company’s stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $194.32, for a total value of $273,602.56. Following the completion of the transaction, the chief financial officer now owns 46,388 shares of the company’s stock, valued at $9,014,116.16. This trade represents a 2.95 % 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 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.