Dividend Assets Capital LLC Has $9.44 Million Position in Williams-Sonoma, Inc. (NYSE:WSM)

Dividend Assets Capital LLC grew its holdings in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 4.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,990 shares of the specialty retailer’s stock after buying an additional 2,209 shares during the quarter. Williams-Sonoma makes up 1.8% of Dividend Assets Capital LLC’s portfolio, making the stock its 20th largest position. Dividend Assets Capital LLC’s holdings in Williams-Sonoma were worth $9,442,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of WSM. Paradigm Asset Management Co. LLC bought a new stake in Williams-Sonoma during the fourth quarter worth about $537,000. First Bank & Trust bought a new stake in shares of Williams-Sonoma during the 4th quarter worth approximately $258,000. Ieq Capital LLC bought a new stake in shares of Williams-Sonoma during the 4th quarter worth approximately $1,549,000. Global Retirement Partners LLC boosted its holdings in shares of Williams-Sonoma by 47.2% in the 4th quarter. Global Retirement Partners LLC now owns 443 shares of the specialty retailer’s stock valued at $82,000 after buying an additional 142 shares during the last quarter. Finally, Convergence Investment Partners LLC bought a new position in shares of Williams-Sonoma in the fourth quarter valued at $445,000. 99.29% of the stock is currently owned by institutional investors and hedge funds.

Williams-Sonoma Stock Down 6.8 %

NYSE WSM opened at $195.03 on Friday. The firm has a 50-day moving average price of $200.79 and a two-hundred day moving average price of $165.64. Williams-Sonoma, Inc. has a 12-month low of $110.93 and a 12-month high of $219.98. The company has a market capitalization of $24.01 billion, a P/E ratio of 23.07, a P/E/G ratio of 2.89 and a beta of 1.79.

Williams-Sonoma Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, January 17th were given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date was Friday, January 17th. Williams-Sonoma’s dividend payout ratio is currently 26.97%.

Insider Buying and Selling

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 shares were sold at an average price of $207.76, for a total value of $9,349,200.00. Following the completion of the transaction, the chief executive officer now directly owns 944,666 shares in the company, valued at approximately $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 can be accessed through this hyperlink. Also, CFO Jeffrey Howie sold 3,160 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $177.39, for a total transaction of $560,552.40. Following the sale, the chief financial officer now directly owns 46,388 shares of the company’s stock, valued at approximately $8,228,767.32. This trade 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.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Jefferies Financial Group increased 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. 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 price target on Williams-Sonoma from $116.00 to $123.00 and gave the stock an “underweight” rating in a research report on Thursday, November 21st. The Goldman Sachs Group raised their price objective on Williams-Sonoma from $170.00 to $224.00 and gave the company a “neutral” rating in a research report on Thursday, January 30th. Finally, Wells Fargo & Company lifted their target price on Williams-Sonoma from $165.00 to $185.00 and gave the stock an “equal weight” rating in a research note on Monday, January 6th. Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Williams-Sonoma has an average rating of “Hold” and a consensus target price of $172.34.

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.