Vontobel Holding Ltd. Acquires 4,738 Shares of Williams-Sonoma, Inc. (NYSE:WSM)

Vontobel Holding Ltd. increased its position in Williams-Sonoma, Inc. (NYSE:WSM) by 220.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 6,887 shares of the specialty retailer’s stock after buying an additional 4,738 shares during the period. Vontobel Holding Ltd.’s holdings in Williams-Sonoma were worth $1,067,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Gleason Group Inc. boosted its holdings in Williams-Sonoma by 100.9% in the 3rd quarter. Gleason Group Inc. now owns 18,086 shares of the specialty retailer’s stock worth $2,802,000 after buying an additional 9,082 shares during the period. Roberts Wealth Advisors LLC boosted its holdings in shares of Williams-Sonoma by 1.7% during the 3rd quarter. Roberts Wealth Advisors LLC now owns 21,652 shares of the specialty retailer’s stock valued at $3,238,000 after purchasing an additional 362 shares during the last quarter. Asset Dedication LLC boosted its holdings in shares of Williams-Sonoma by 100.0% during the 3rd quarter. Asset Dedication LLC now owns 800 shares of the specialty retailer’s stock valued at $124,000 after purchasing an additional 400 shares during the last quarter. Kapitalo Investimentos Ltda raised its position in shares of Williams-Sonoma by 63.7% during the 3rd quarter. Kapitalo Investimentos Ltda now owns 1,437 shares of the specialty retailer’s stock valued at $223,000 after buying an additional 559 shares in the last quarter. Finally, Regatta Capital Group LLC raised its position in shares of Williams-Sonoma by 107.1% during the 3rd quarter. Regatta Capital Group LLC now owns 25,997 shares of the specialty retailer’s stock valued at $4,027,000 after buying an additional 13,444 shares in the last quarter. Institutional investors own 99.29% of the company’s stock.

Wall Street Analysts Forecast Growth

WSM has been the topic of several recent research reports. TD Cowen upped 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. Royal Bank of Canada reduced their price objective on shares of Williams-Sonoma from $150.00 to $147.00 and set an “outperform” rating on the stock in a research report on Friday, August 23rd. Wells Fargo & Company reduced their price objective on shares of Williams-Sonoma from $158.00 to $145.00 and set an “equal weight” rating on the stock in a research report on Monday, August 19th. Wedbush reduced their target price on shares of Williams-Sonoma from $175.00 to $150.00 and set an “outperform” rating on the stock in a research report on Friday, August 23rd. Finally, Barclays reduced their target price on shares of Williams-Sonoma from $232.00 to $116.00 and set an “underweight” rating on the stock in a research report on Friday, August 23rd. Three 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. According to data from MarketBeat, Williams-Sonoma has a consensus rating of “Hold” and an average price target of $140.83.

Insider Buying and Selling

In other Williams-Sonoma news, EVP Karalyn Smith sold 11,100 shares of Williams-Sonoma stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of $134.66, for a total value of $1,494,726.00. Following the completion of the transaction, the executive vice president now owns 15,150 shares of the company’s stock, valued at approximately $2,040,099. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, EVP Karalyn Smith sold 11,100 shares of Williams-Sonoma stock in a transaction dated Wednesday, August 28th. The shares were sold at an average price of $134.66, for a total value of $1,494,726.00. Following the sale, 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 ownership of the stock. The sale 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 Williams-Sonoma 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 completion of the sale, the chief executive officer now owns 1,030,956 shares in the company, valued at approximately $149,766,978.12. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by corporate insiders.

Williams-Sonoma Price Performance

Shares of Williams-Sonoma stock opened at $144.03 on Monday. The firm has a fifty day moving average price of $142.39 and a 200 day moving average price of $146.14. Williams-Sonoma, Inc. has a 1 year low of $71.56 and a 1 year high of $174.26. The stock has a market cap of $18.20 billion, a PE ratio of 17.30, a price-to-earnings-growth ratio of 2.83 and a beta of 1.74.

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

Williams-Sonoma Dividend Announcement

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 issued 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 1.58%. Williams-Sonoma’s dividend payout ratio (DPR) is presently 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.