US Bancorp DE Sells 535 Shares of Williams-Sonoma, Inc. (NYSE:WSM)

US Bancorp DE lowered its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 0.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,030 shares of the specialty retailer’s stock after selling 535 shares during the quarter. US Bancorp DE owned about 0.05% of Williams-Sonoma worth $11,857,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Smithfield Trust Co boosted its position in Williams-Sonoma by 100.0% during the third quarter. Smithfield Trust Co now owns 160 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 80 shares during the period. Cassady Schiller Wealth Management LLC boosted its position in Williams-Sonoma by 100.0% during the third quarter. Cassady Schiller Wealth Management LLC now owns 166 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 83 shares during the period. Brooklyn Investment Group bought a new stake in Williams-Sonoma during the third quarter worth approximately $28,000. Sittner & Nelson LLC boosted its position in Williams-Sonoma by 100.0% during the third quarter. Sittner & Nelson LLC now owns 200 shares of the specialty retailer’s stock worth $31,000 after purchasing an additional 100 shares during the period. Finally, Heck Capital Advisors LLC bought a new stake in Williams-Sonoma during the fourth quarter worth approximately $37,000. Institutional investors own 99.29% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Laura Alber sold 45,000 shares of the firm’s stock in a transaction 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 completion of the sale, the chief executive officer now directly owns 944,666 shares in the company, valued at approximately $196,263,808.16. This trade represents a 4.55 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Jeffrey Howie sold 1,408 shares of the firm’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 sale, the chief financial officer now owns 46,388 shares of the company’s stock, valued at approximately $9,014,116.16. This trade represents a 2.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Royal Bank of Canada increased their price objective on Williams-Sonoma from $162.00 to $189.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. Morgan Stanley increased their price objective on Williams-Sonoma from $170.00 to $195.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 21st. Jefferies Financial Group increased their price objective on Williams-Sonoma from $194.00 to $226.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. Evercore ISI increased their price objective on Williams-Sonoma from $140.00 to $180.00 and gave the company an “in-line” rating in a research report on Thursday, November 21st. Finally, TD Cowen increased their price objective on Williams-Sonoma from $165.00 to $195.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Two research 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $173.28.

Williams-Sonoma Price Performance

Williams-Sonoma stock opened at $187.33 on Tuesday. The stock has a fifty day moving average price of $201.47 and a two-hundred day moving average price of $168.71. Williams-Sonoma, Inc. has a 52-week low of $117.13 and a 52-week high of $219.98. The firm has a market capitalization of $23.06 billion, a P/E ratio of 22.16, a P/E/G ratio of 2.89 and a beta of 1.79.

Williams-Sonoma Announces Dividend

The business also recently disclosed 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 of this dividend was Friday, January 17th. This represents a $2.28 annualized dividend and a yield of 1.22%. Williams-Sonoma’s dividend payout ratio is currently 26.98%.

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.