Keybank National Association OH Acquires 200 Shares of Williams-Sonoma, Inc. (NYSE:WSM)

Keybank National Association OH grew its holdings in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 5.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,707 shares of the specialty retailer’s stock after buying an additional 200 shares during the quarter. Keybank National Association OH’s holdings in Williams-Sonoma were worth $686,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Ring Mountain Capital LLC acquired a new position in shares of Williams-Sonoma during the 4th quarter worth about $233,000. State of Michigan Retirement System increased its stake in shares of Williams-Sonoma by 1.9% during the 4th quarter. State of Michigan Retirement System now owns 36,640 shares of the specialty retailer’s stock worth $6,785,000 after purchasing an additional 700 shares during the last quarter. Plato Investment Management Ltd increased its stake in shares of Williams-Sonoma by 20.6% during the 4th quarter. Plato Investment Management Ltd now owns 4,127 shares of the specialty retailer’s stock worth $767,000 after purchasing an additional 704 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of Williams-Sonoma during the 4th quarter worth about $81,000. Finally, Jones Financial Companies Lllp increased its stake in shares of Williams-Sonoma by 132.0% during the 4th quarter. Jones Financial Companies Lllp now owns 3,905 shares of the specialty retailer’s stock worth $723,000 after purchasing an additional 2,222 shares during the last quarter. 99.29% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on WSM. TD Cowen boosted their price objective on shares of Williams-Sonoma from $165.00 to $195.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Morgan Stanley upped their price target on shares of Williams-Sonoma from $170.00 to $195.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 21st. Evercore ISI upped their price target on shares of Williams-Sonoma from $140.00 to $180.00 and gave the company an “in-line” rating in a research note on Thursday, November 21st. JPMorgan Chase & Co. upped their price target on shares of Williams-Sonoma from $136.00 to $145.00 and gave the company a “neutral” rating in a research note on Tuesday, November 19th. Finally, Jefferies Financial Group upped their price target on shares of Williams-Sonoma from $194.00 to $226.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Williams-Sonoma currently has an average rating of “Hold” and an average target price of $173.28.

Williams-Sonoma Trading Up 3.5 %

Shares of Williams-Sonoma stock opened at $188.83 on Friday. The company has a 50 day moving average of $201.32 and a 200-day moving average of $169.81. Williams-Sonoma, Inc. has a 1-year low of $117.13 and a 1-year high of $219.98. The company has a market cap of $23.24 billion, a PE ratio of 22.33, a price-to-earnings-growth ratio of 2.89 and a beta of 1.82.

Williams-Sonoma Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders 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 dividend yield of 1.21%. The ex-dividend date of this dividend was Friday, January 17th. Williams-Sonoma’s dividend payout ratio (DPR) is presently 26.98%.

Insider Transactions at Williams-Sonoma

In other news, CFO Jeffrey Howie sold 1,408 shares of the company’s stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $194.32, for a total transaction of $273,602.56. Following the completion of the sale, the chief financial officer now owns 46,388 shares of the company’s stock, valued at approximately $9,014,116.16. This represents a 2.95 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Laura Alber sold 45,000 shares of the company’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 transaction of $9,349,200.00. Following the sale, the chief executive officer now directly owns 944,666 shares of the company’s stock, valued at approximately $196,263,808.16. This trade represents a 4.55 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by 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.