Strategic Investment Advisors MI Has $1.86 Million Stock Holdings in Williams-Sonoma, Inc. (NYSE:WSM)

Strategic Investment Advisors MI trimmed its position in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 3.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,030 shares of the specialty retailer’s stock after selling 395 shares during the period. Strategic Investment Advisors MI’s holdings in Williams-Sonoma were worth $1,857,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Smithfield Trust Co increased its stake in Williams-Sonoma by 100.0% during 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 increased its stake in Williams-Sonoma by 100.0% during 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 bought a new position in Williams-Sonoma during the third quarter valued at about $28,000. Clean Yield Group bought a new position in Williams-Sonoma during the third quarter valued at about $30,000. Finally, HM Payson & Co. increased its stake in Williams-Sonoma by 100.0% during the third quarter. HM Payson & Co. now owns 200 shares of the specialty retailer’s stock valued at $31,000 after acquiring an additional 100 shares during the period. 99.29% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on WSM shares. Barclays upped their price objective on Williams-Sonoma from $116.00 to $123.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st. Loop Capital upped their price objective on Williams-Sonoma from $145.00 to $180.00 and gave the company a “hold” rating in a research note on Thursday, November 21st. Wedbush upped their price objective on Williams-Sonoma from $135.00 to $175.00 and gave the company a “neutral” rating in a research note on Thursday, November 21st. JPMorgan Chase & Co. boosted their target price on Williams-Sonoma from $136.00 to $145.00 and gave the stock a “neutral” rating in a report on Tuesday, November 19th. Finally, Wells Fargo & Company boosted their target price on Williams-Sonoma from $165.00 to $185.00 and gave the stock an “equal weight” rating in a report on Monday, January 6th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $163.16.

Williams-Sonoma Stock Up 1.0 %

WSM stock opened at $213.91 on Monday. The business’s fifty day moving average is $187.30 and its 200-day moving average is $157.86. The company has a market cap of $26.33 billion, a P/E ratio of 25.30, a price-to-earnings-growth ratio of 3.21 and a beta of 1.79. Williams-Sonoma, Inc. has a twelve month low of $95.76 and a twelve month high of $214.42.

Williams-Sonoma Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Stockholders 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 dividend yield of 1.07%. The ex-dividend date of this dividend is Friday, January 17th. Williams-Sonoma’s dividend payout ratio (DPR) is currently 26.97%.

Insider Activity

In related news, CFO Jeffrey Howie sold 3,160 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $177.39, for a total value of $560,552.40. Following the completion of the sale, the chief financial officer now owns 46,388 shares in the company, valued at $8,228,767.32. This represents a 6.38 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Laura Alber sold 45,000 shares of the stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $207.76, for a total value of $9,349,200.00. Following the transaction, the chief executive officer now owns 944,666 shares of the company’s stock, valued at approximately $196,263,808.16. This trade represents a 4.55 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 88,160 shares of company stock valued at $15,129,352 in the last 90 days. 1.50% of the stock is owned by company insiders.

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.