Heck Capital Advisors LLC Purchases New Shares in Williams-Sonoma, Inc. (NYSE:WSM)

Heck Capital Advisors LLC bought a new stake in Williams-Sonoma, Inc. (NYSE:WSM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 200 shares of the specialty retailer’s stock, valued at approximately $37,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Smithfield Trust Co raised its stake in shares of Williams-Sonoma by 100.0% in the third quarter. Smithfield Trust Co now owns 160 shares of the specialty retailer’s stock valued at $25,000 after acquiring an additional 80 shares during the period. Cassady Schiller Wealth Management LLC raised its stake in shares of Williams-Sonoma by 100.0% in the third quarter. Cassady Schiller Wealth Management LLC now owns 166 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 83 shares during the period. Brooklyn Investment Group purchased a new stake in shares of Williams-Sonoma in the third quarter valued at $28,000. Clean Yield Group bought a new position in shares of Williams-Sonoma in the third quarter worth about $30,000. Finally, HM Payson & Co. grew its holdings in shares of Williams-Sonoma by 100.0% in the third quarter. HM Payson & Co. now owns 200 shares of the specialty retailer’s stock worth $31,000 after purchasing an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Insider Activity at Williams-Sonoma

In other Williams-Sonoma news, CFO Jeffrey Howie sold 3,160 shares of the firm’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 completion of the transaction, 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 transaction was disclosed in a filing with the SEC, which can be accessed through this link. 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 transaction, the chief executive officer now directly owns 990,956 shares of the company’s stock, valued at $129,309,848.44. This represents a 3.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 88,160 shares of company stock valued at $15,129,352 in the last three months. 1.50% of the stock is owned by insiders.

Williams-Sonoma Stock Down 3.2 %

Shares of Williams-Sonoma stock opened at $204.54 on Tuesday. The firm has a market capitalization of $25.18 billion, a P/E ratio of 24.19, a PEG ratio of 2.98 and a beta of 1.79. The company has a 50 day moving average price of $192.91 and a 200 day moving average price of $159.99. Williams-Sonoma, Inc. has a 52 week low of $97.57 and a 52 week high of $219.98.

Williams-Sonoma Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, January 17th will be given a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 1.11%. The ex-dividend date is Friday, January 17th. Williams-Sonoma’s payout ratio is currently 26.97%.

Analysts Set New Price Targets

A number of research analysts have recently commented on WSM shares. Royal Bank of Canada upped their price target on shares of Williams-Sonoma from $162.00 to $189.00 and gave the stock an “outperform” rating in a report on Thursday, November 21st. TD Cowen upped their price target on shares of Williams-Sonoma from $165.00 to $195.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. The Goldman Sachs Group upped their price target on shares of Williams-Sonoma from $170.00 to $224.00 and gave the stock a “neutral” rating in a report on Thursday, January 30th. Morgan Stanley upped their price target on shares of Williams-Sonoma from $170.00 to $195.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 21st. Finally, Jefferies Financial Group increased their target price on shares of Williams-Sonoma from $194.00 to $226.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $172.34.

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.