Community Bank & Trust Waco Texas Has $220,000 Holdings in Williams-Sonoma, Inc. (NYSE:WSM)

Community Bank & Trust Waco Texas raised its position in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 93.2% in the third quarter, according to its most recent filing with the SEC. The firm owned 1,420 shares of the specialty retailer’s stock after purchasing an additional 685 shares during the quarter. Community Bank & Trust Waco Texas’ holdings in Williams-Sonoma were worth $220,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Principal Financial Group Inc. lifted its stake in Williams-Sonoma by 84.5% during 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 acquiring an additional 467,407 shares in the last quarter. Pacer Advisors Inc. lifted its stake in Williams-Sonoma by 28.6% during the 2nd quarter. Pacer Advisors Inc. now owns 964,910 shares of the specialty retailer’s stock valued at $272,462,000 after acquiring an additional 214,669 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Williams-Sonoma by 5.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 823,692 shares of the specialty retailer’s stock valued at $232,613,000 after acquiring an additional 43,607 shares in the last quarter. Captrust Financial Advisors lifted its stake in Williams-Sonoma by 37.5% during the 1st quarter. Captrust Financial Advisors now owns 704,919 shares of the specialty retailer’s stock valued at $223,833,000 after acquiring an additional 192,432 shares in the last quarter. Finally, Boston Trust Walden Corp raised its stake in shares of Williams-Sonoma by 64.3% during the 3rd quarter. Boston Trust Walden Corp now owns 442,815 shares of the specialty retailer’s stock worth $68,601,000 after purchasing an additional 173,223 shares during the period. Institutional investors and hedge funds own 99.29% of the company’s stock.

Insider Activity

In other news, CEO Laura Alber sold 40,000 shares of the company’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $145.27, for a total value of $5,810,800.00. Following the sale, the chief executive officer now owns 1,030,956 shares in the company, valued at $149,766,978.12. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, EVP Karalyn Smith sold 11,100 shares of the stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $134.66, for a total value of $1,494,726.00. Following the completion of the sale, the executive vice president now owns 15,150 shares of the company’s stock, valued at approximately $2,040,099. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Laura Alber sold 40,000 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $145.27, for a total value of $5,810,800.00. Following the completion of the sale, the chief executive officer now directly owns 1,030,956 shares of the company’s stock, valued at approximately $149,766,978.12. This represents a 0.00 % 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 Stock Performance

Shares of Williams-Sonoma stock opened at $129.13 on Wednesday. The stock has a 50 day moving average price of $141.39 and a 200-day moving average price of $144.87. Williams-Sonoma, Inc. has a one year low of $73.41 and a one year high of $174.26. The stock has a market cap of $16.31 billion, a price-to-earnings ratio of 15.51, a price-to-earnings-growth ratio of 2.55 and a beta of 1.76.

Williams-Sonoma (NYSE:WSM) last issued its earnings results on Thursday, August 22nd. The specialty retailer reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.61 by $0.13. Williams-Sonoma had a return on equity of 51.57% and a net margin of 14.29%. The business had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same period in the prior year, the business earned $1.56 EPS. The business’s revenue for the quarter was down 4.0% compared to the same quarter last year. Sell-side analysts predict that Williams-Sonoma, Inc. will post 7.99 earnings per share for the current fiscal year.

Williams-Sonoma Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Friday, October 18th will be issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date is Friday, October 18th. Williams-Sonoma’s dividend payout ratio is presently 27.39%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Wedbush cut Williams-Sonoma from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from $150.00 to $135.00 in a research note on Wednesday, October 30th. Robert W. Baird lowered their price objective on Williams-Sonoma from $150.00 to $140.00 and set a “neutral” rating on the stock in a research note on Friday, August 23rd. Telsey Advisory Group restated an “outperform” rating and issued a $165.00 price objective on shares of Williams-Sonoma in a research note on Friday, October 11th. Wells Fargo & Company lowered their price objective on Williams-Sonoma from $158.00 to $145.00 and set an “equal weight” rating on the stock in a research note on Monday, August 19th. Finally, Royal Bank of Canada reduced their target price on Williams-Sonoma from $150.00 to $147.00 and set an “outperform” rating for the company in a report on Friday, August 23rd. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Williams-Sonoma currently has an average rating of “Hold” and an average price target of $139.47.

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.