Savant Capital LLC Sells 130 Shares of Williams-Sonoma, Inc. (NYSE:WSM)

Savant Capital LLC reduced its stake in Williams-Sonoma, Inc. (NYSE:WSM) by 9.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,272 shares of the specialty retailer’s stock after selling 130 shares during the period. Savant Capital LLC’s holdings in Williams-Sonoma were worth $236,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of WSM. Alpha Financial Partners LLC acquired a new stake in Williams-Sonoma during the 3rd quarter valued at $216,000. Creative Planning increased its holdings in Williams-Sonoma by 129.6% during the 3rd quarter. Creative Planning now owns 29,056 shares of the specialty retailer’s stock valued at $4,501,000 after purchasing an additional 16,401 shares in the last quarter. Bleakley Financial Group LLC increased its holdings in Williams-Sonoma by 123.5% during the 3rd quarter. Bleakley Financial Group LLC now owns 2,304 shares of the specialty retailer’s stock valued at $357,000 after purchasing an additional 1,273 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in Williams-Sonoma by 100.0% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,252 shares of the specialty retailer’s stock valued at $1,743,000 after purchasing an additional 5,626 shares in the last quarter. Finally, Blue Trust Inc. increased its holdings in Williams-Sonoma by 137.2% during the 3rd quarter. Blue Trust Inc. now owns 1,319 shares of the specialty retailer’s stock valued at $204,000 after purchasing an additional 763 shares in the last quarter. 99.29% of the stock is currently owned by institutional investors.

Williams-Sonoma Trading Up 1.4 %

WSM stock opened at $217.56 on Wednesday. The business’s 50-day moving average price is $199.36 and its two-hundred day moving average price is $164.45. The firm has a market cap of $26.78 billion, a PE ratio of 25.73, a P/E/G ratio of 2.91 and a beta of 1.79. Williams-Sonoma, Inc. has a 1-year low of $108.74 and a 1-year high of $219.98.

Williams-Sonoma Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, January 17th will be paid a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 1.05%. The ex-dividend date is Friday, January 17th. Williams-Sonoma’s dividend payout ratio is 26.97%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Royal Bank of Canada increased their price objective on Williams-Sonoma from $162.00 to $189.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. Wells Fargo & Company increased their price objective on Williams-Sonoma from $165.00 to $185.00 and gave the company an “equal weight” rating in a research report on Monday, January 6th. The Goldman Sachs Group increased their price objective on Williams-Sonoma from $170.00 to $224.00 and gave the company a “neutral” rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. increased their price objective on Williams-Sonoma from $136.00 to $145.00 and gave the company a “neutral” rating in a research report on Tuesday, November 19th. Finally, Morgan Stanley increased their price objective on Williams-Sonoma from $170.00 to $195.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 21st. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $172.34.

Insider Buying and Selling at Williams-Sonoma

In other Williams-Sonoma news, CEO Laura Alber sold 45,000 shares of Williams-Sonoma 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 sale, the chief executive officer now owns 944,666 shares of the company’s stock, valued at $196,263,808.16. This trade represents a 4.55 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Jeffrey Howie sold 3,160 shares of Williams-Sonoma stock in a transaction dated 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 directly owns 46,388 shares in the company, valued at $8,228,767.32. This represents a 6.38 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

Williams-Sonoma Company 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.