Tilia Fiduciary Partners Inc. Increases Stock Position in Williams-Sonoma, Inc. (NYSE:WSM)

Tilia Fiduciary Partners Inc. raised its holdings in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 86.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 11,575 shares of the specialty retailer’s stock after purchasing an additional 5,369 shares during the period. Tilia Fiduciary Partners Inc.’s holdings in Williams-Sonoma were worth $1,793,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of WSM. Quest Partners LLC bought a new stake in Williams-Sonoma in the 2nd quarter worth about $26,000. Crewe Advisors LLC purchased a new stake in shares of Williams-Sonoma during the 2nd quarter valued at about $29,000. EntryPoint Capital LLC grew its stake in shares of Williams-Sonoma by 520.0% in the first quarter. EntryPoint Capital LLC now owns 93 shares of the specialty retailer’s stock worth $30,000 after acquiring an additional 78 shares during the period. Clean Yield Group purchased a new position in shares of Williams-Sonoma during the third quarter valued at approximately $30,000. Finally, Northwest Investment Counselors LLC bought a new position in Williams-Sonoma during the first quarter valued at approximately $32,000. Institutional investors own 99.29% of the company’s stock.

Insiders Place Their Bets

In other Williams-Sonoma news, EVP Karalyn Smith sold 11,100 shares of the firm’s 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 transaction, the executive vice president now owns 15,150 shares in the company, valued at $2,040,099. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. In other news, CEO Laura Alber sold 40,000 shares of the company’s stock in a transaction dated 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 directly owns 1,030,956 shares in the company, valued at approximately $149,766,978.12. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 completion of the transaction, the executive vice president now directly owns 15,150 shares of the company’s stock, valued at approximately $2,040,099. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 91,100 shares of company stock worth $13,563,526 in the last 90 days. 1.50% of the stock is currently owned by corporate insiders.

Williams-Sonoma Stock Performance

Shares of Williams-Sonoma stock traded down $2.15 during trading hours on Wednesday, hitting $147.38. The company’s stock had a trading volume of 81,135 shares, compared to its average volume of 1,940,675. Williams-Sonoma, Inc. has a 12-month low of $71.56 and a 12-month high of $174.26. The business has a 50 day moving average price of $141.76 and a two-hundred day moving average price of $146.81. The company has a market cap of $18.96 billion, a PE ratio of 18.37, a PEG ratio of 2.98 and a beta of 1.74.

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

Williams-Sonoma Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Friday, October 18th will be paid a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 1.55%. The ex-dividend date is Friday, October 18th. Williams-Sonoma’s payout ratio is currently 28.01%.

Wall Street Analysts Forecast Growth

WSM has been the subject of a number of research analyst reports. Robert W. Baird cut their target price on shares of Williams-Sonoma from $150.00 to $140.00 and set a “neutral” rating for the company in a research report on Friday, August 23rd. Evercore ISI reduced their price objective on Williams-Sonoma from $155.00 to $135.00 and set an “in-line” rating for the company in a research report on Wednesday, August 7th. Telsey Advisory Group reissued an “outperform” rating and issued a $170.00 target price on shares of Williams-Sonoma in a research report on Monday, August 19th. Jefferies Financial Group raised shares of Williams-Sonoma from a “hold” rating to a “buy” rating and upped their price target for the company from $148.00 to $156.00 in a research report on Wednesday, September 11th. Finally, Wells Fargo & Company cut their target price on shares of Williams-Sonoma from $158.00 to $145.00 and set an “equal weight” rating for the company in a research report on Monday, August 19th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $141.17.

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.