OneDigital Investment Advisors LLC Has $955,000 Stake in Williams-Sonoma, Inc. (NYSE:WSM)

OneDigital Investment Advisors LLC increased its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 97.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,167 shares of the specialty retailer’s stock after buying an additional 3,038 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Williams-Sonoma were worth $955,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Quent Capital LLC raised its stake in Williams-Sonoma by 19.7% in the first quarter. Quent Capital LLC now owns 358 shares of the specialty retailer’s stock valued at $114,000 after purchasing an additional 59 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of Williams-Sonoma by 28.8% during the 1st quarter. Sei Investments Co. now owns 7,281 shares of the specialty retailer’s stock worth $2,312,000 after acquiring an additional 1,629 shares during the period. Russell Investments Group Ltd. increased its stake in Williams-Sonoma by 39.6% in the first quarter. Russell Investments Group Ltd. now owns 13,383 shares of the specialty retailer’s stock valued at $4,250,000 after acquiring an additional 3,798 shares during the last quarter. Intech Investment Management LLC acquired a new position in Williams-Sonoma during the first quarter valued at approximately $314,000. Finally, TIAA Trust National Association bought a new stake in Williams-Sonoma during the first quarter worth $201,000. Institutional investors own 99.29% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on WSM. Wedbush cut Williams-Sonoma from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $150.00 to $135.00 in a report on Wednesday, October 30th. Royal Bank of Canada dropped their target price on shares of Williams-Sonoma from $150.00 to $147.00 and set an “outperform” rating for the company in a report on Friday, August 23rd. Jefferies Financial Group upgraded shares of Williams-Sonoma from a “hold” rating to a “buy” rating and upped their price objective for the stock from $148.00 to $156.00 in a research report on Wednesday, September 11th. TD Cowen raised their target price on shares of Williams-Sonoma from $150.00 to $160.00 and gave the company a “buy” rating in a research report on Monday, September 16th. Finally, Citigroup lowered their price target on shares of Williams-Sonoma from $140.00 to $134.00 and set a “neutral” rating for the company in a report on Friday, November 8th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $139.47.

Insider Buying and Selling

In other news, EVP Karalyn Smith sold 11,100 shares of the stock in a transaction dated Wednesday, August 28th. The shares were sold at an average price of $134.66, for a total transaction of $1,494,726.00. Following the transaction, the executive vice president now owns 15,150 shares of the company’s stock, valued at $2,040,099. This represents a 42.29 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Laura Alber sold 40,000 shares of the business’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $130.49, for a total value of $5,219,600.00. Following the completion of the sale, the chief executive officer now directly owns 990,956 shares of the company’s stock, valued at $129,309,848.44. The trade was a 3.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 91,100 shares of company stock valued at $12,525,126 over the last 90 days. Company insiders own 1.50% of the company’s stock.

Williams-Sonoma Price Performance

Williams-Sonoma stock opened at $133.89 on Tuesday. The stock’s 50 day moving average is $141.35 and its 200 day moving average is $144.52. Williams-Sonoma, Inc. has a one year low of $88.24 and a one year high of $174.26. The firm has a market cap of $16.92 billion, a P/E ratio of 16.08, a P/E/G ratio of 2.57 and a beta of 1.76.

Williams-Sonoma (NYSE:WSM) last posted its quarterly earnings data on Thursday, August 22nd. The specialty retailer reported $1.74 EPS for the quarter, beating analysts’ consensus estimates of $1.61 by $0.13. Williams-Sonoma had a net margin of 14.29% and a return on equity of 51.57%. The company had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period in the prior year, the firm posted $1.56 EPS. The company’s quarterly revenue was down 4.0% on a year-over-year basis. Equities analysts anticipate that Williams-Sonoma, Inc. will post 7.99 earnings per share for the current fiscal year.

Williams-Sonoma Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Friday, October 18th will be given a dividend of $0.57 per share. The ex-dividend date is Friday, October 18th. This represents a $2.28 annualized dividend and a dividend yield of 1.70%. Williams-Sonoma’s payout ratio is 27.39%.

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.