Avior Wealth Management LLC Has $146,000 Stake in Williams-Sonoma, Inc. (NYSE:WSM)

Avior Wealth Management LLC boosted its holdings in Williams-Sonoma, Inc. (NYSE:WSM) by 68.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 942 shares of the specialty retailer’s stock after acquiring an additional 383 shares during the quarter. Avior Wealth Management LLC’s holdings in Williams-Sonoma were worth $146,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Principal Financial Group Inc. grew its holdings in shares of Williams-Sonoma by 84.5% during the third quarter. Principal Financial Group Inc. now owns 1,020,489 shares of the specialty retailer’s stock valued at $158,085,000 after buying an additional 467,407 shares during the last quarter. Pacer Advisors Inc. boosted 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 purchasing an additional 214,669 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings 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 worth $232,613,000 after purchasing an additional 43,607 shares in the last quarter. Captrust Financial Advisors raised its stake in shares of Williams-Sonoma by 37.5% in the first quarter. Captrust Financial Advisors now owns 704,919 shares of the specialty retailer’s stock worth $223,833,000 after purchasing an additional 192,432 shares during the last quarter. Finally, KBC Group NV lifted its holdings in shares of Williams-Sonoma by 659.6% in the third quarter. KBC Group NV now owns 531,304 shares of the specialty retailer’s stock valued at $82,309,000 after purchasing an additional 461,361 shares in the last quarter. Institutional investors own 99.29% of the company’s stock.

Insider Activity at Williams-Sonoma

In related news, CEO Laura Alber sold 40,000 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $145.27, for a total transaction of $5,810,800.00. Following the sale, the chief executive officer now owns 1,030,956 shares of the company’s stock, valued at approximately $149,766,978.12. This represents a 3.73 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, 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 transaction of $1,494,726.00. Following the completion of the sale, the executive vice president now owns 15,150 shares in the company, valued at $2,040,099. This represents a 42.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 91,100 shares of company stock worth $12,525,126. 1.50% of the stock is owned by company insiders.

Analysts Set New Price Targets

WSM has been the subject of a number of analyst reports. TD Cowen increased their price target on Williams-Sonoma from $165.00 to $195.00 and gave the company a “buy” rating in a research report on Thursday. Wells Fargo & Company increased their target price on shares of Williams-Sonoma from $140.00 to $165.00 and gave the company an “equal weight” rating in a report on Thursday. Barclays boosted their price target on shares of Williams-Sonoma from $116.00 to $123.00 and gave the stock an “underweight” rating in a report on Thursday. JPMorgan Chase & Co. increased their price objective 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, Wedbush boosted their target price on Williams-Sonoma from $135.00 to $175.00 and gave the stock a “neutral” rating in a research note on Thursday. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $154.41.

Williams-Sonoma Stock Down 0.3 %

Shares of NYSE:WSM opened at $171.98 on Friday. The firm has a market capitalization of $21.73 billion, a PE ratio of 20.34, a P/E/G ratio of 3.33 and a beta of 1.76. The company has a 50-day moving average price of $143.63 and a two-hundred day moving average price of $144.87. Williams-Sonoma, Inc. has a twelve month low of $90.31 and a twelve month high of $181.42.

Williams-Sonoma (NYSE:WSM) last released its quarterly earnings data on Thursday, August 22nd. The specialty retailer reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.13. The business had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.81 billion. Williams-Sonoma had a net margin of 14.54% and a return on equity of 51.56%. Williams-Sonoma’s revenue was down 4.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.56 EPS. Analysts anticipate that Williams-Sonoma, Inc. will post 8.13 earnings per share for the current fiscal year.

Williams-Sonoma Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, October 18th were given a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 1.33%. The ex-dividend date of this dividend was Friday, October 18th. Williams-Sonoma’s dividend payout ratio (DPR) is presently 26.97%.

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.