Williams-Sonoma, Inc. (NYSE:WSM) Shares Bought by Transform Wealth LLC

Transform Wealth LLC grew its position in Williams-Sonoma, Inc. (NYSE:WSM) by 3.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,459 shares of the specialty retailer’s stock after acquiring an additional 446 shares during the quarter. Transform Wealth LLC’s holdings in Williams-Sonoma were worth $2,678,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of WSM. Oppenheimer & Co. Inc. boosted its stake in Williams-Sonoma by 186.0% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 7,536 shares of the specialty retailer’s stock worth $1,167,000 after purchasing an additional 4,901 shares during the period. OneDigital Investment Advisors LLC raised its holdings in shares of Williams-Sonoma by 97.1% in the third quarter. OneDigital Investment Advisors LLC now owns 6,167 shares of the specialty retailer’s stock valued at $955,000 after buying an additional 3,038 shares during the last quarter. Stifel Financial Corp boosted its stake in shares of Williams-Sonoma by 94.8% during the third quarter. Stifel Financial Corp now owns 19,535 shares of the specialty retailer’s stock worth $3,026,000 after buying an additional 9,509 shares during the period. Intech Investment Management LLC grew its holdings in shares of Williams-Sonoma by 27.2% during the third quarter. Intech Investment Management LLC now owns 38,512 shares of the specialty retailer’s stock worth $5,966,000 after buying an additional 8,237 shares during the last quarter. Finally, Cerity Partners LLC increased its position in Williams-Sonoma by 67.4% in the 3rd quarter. Cerity Partners LLC now owns 29,959 shares of the specialty retailer’s stock valued at $4,641,000 after acquiring an additional 12,061 shares during the period. 99.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on WSM shares. Jefferies Financial Group increased their price objective on Williams-Sonoma from $194.00 to $226.00 and gave the stock a “buy” rating in a research report on Wednesday, December 18th. TD Cowen lifted their price objective on shares of Williams-Sonoma from $165.00 to $195.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Wells Fargo & Company boosted their price objective on shares of Williams-Sonoma from $165.00 to $185.00 and gave the company an “equal weight” rating in a research note on Monday, January 6th. Evercore ISI raised their target price on shares of Williams-Sonoma from $140.00 to $180.00 and gave the stock an “in-line” rating in a research note on Thursday, November 21st. Finally, Telsey Advisory Group boosted their price target on shares of Williams-Sonoma from $165.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $160.03.

Insider Buying and Selling at Williams-Sonoma

In related news, CFO Jeffrey Howie sold 3,160 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $177.39, for a total transaction of $560,552.40. Following the transaction, the chief financial officer now owns 46,388 shares of the company’s stock, valued at approximately $8,228,767.32. This represents a 6.38 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Laura Alber sold 40,000 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $130.49, for a total transaction of $5,219,600.00. Following the sale, the chief executive officer now owns 990,956 shares in the company, valued at approximately $129,309,848.44. This trade represents a 3.88 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is owned by insiders.

Williams-Sonoma Trading Up 1.8 %

Shares of NYSE WSM opened at $202.73 on Tuesday. The stock has a market cap of $24.96 billion, a price-to-earnings ratio of 23.98, a PEG ratio of 3.09 and a beta of 1.79. The company’s 50-day moving average price is $180.75 and its 200 day moving average price is $155.99. Williams-Sonoma, Inc. has a 52 week low of $95.76 and a 52 week high of $204.68.

Williams-Sonoma Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, January 17th will be paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date is Friday, January 17th. Williams-Sonoma’s payout ratio is currently 26.97%.

About Williams-Sonoma

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.