Impact Partnership Wealth LLC Reduces Holdings in Williams-Sonoma, Inc. (NYSE:WSM)

Impact Partnership Wealth LLC trimmed its position in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 6.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 2,933 shares of the specialty retailer’s stock after selling 201 shares during the period. Impact Partnership Wealth LLC’s holdings in Williams-Sonoma were worth $543,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in WSM. Sei Investments Co. grew its position in shares of Williams-Sonoma by 675.8% in the 2nd quarter. Sei Investments Co. now owns 56,488 shares of the specialty retailer’s stock worth $15,950,000 after acquiring an additional 49,207 shares in the last quarter. Frank Rimerman Advisors LLC acquired a new position in Williams-Sonoma in the second quarter worth $253,000. 1832 Asset Management L.P. bought a new stake in Williams-Sonoma during the second quarter valued at $2,389,000. Evergreen Capital Management LLC raised its holdings in shares of Williams-Sonoma by 49.2% during the second quarter. Evergreen Capital Management LLC now owns 2,181 shares of the specialty retailer’s stock worth $616,000 after purchasing an additional 719 shares during the period. Finally, Bank of Montreal Can lifted its position in shares of Williams-Sonoma by 202.2% in the 2nd quarter. Bank of Montreal Can now owns 86,359 shares of the specialty retailer’s stock worth $25,498,000 after buying an additional 57,780 shares during the last quarter. Institutional investors and hedge funds own 99.29% of the company’s stock.

Insider Transactions at Williams-Sonoma

In other news, CEO Laura Alber sold 45,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $207.76, for a total value of $9,349,200.00. Following the completion of the transaction, the chief executive officer now owns 944,666 shares in the company, valued at $196,263,808.16. This represents a 4.55 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Jeffrey Howie sold 3,160 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $177.39, for a total transaction 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 ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 88,160 shares of company stock worth $15,129,352. 1.50% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have issued reports on WSM shares. Loop Capital boosted their target price on shares of Williams-Sonoma from $145.00 to $180.00 and gave the company a “hold” rating in a research note on Thursday, November 21st. Morgan Stanley raised their price objective on shares of Williams-Sonoma from $170.00 to $195.00 and gave the company an “equal weight” rating in a research report on Tuesday. Citigroup cut their target price on shares of Williams-Sonoma from $140.00 to $134.00 and set a “neutral” rating for the company in a research note on Friday, November 8th. JPMorgan Chase & Co. lifted their price target on shares of Williams-Sonoma from $136.00 to $145.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 19th. Finally, Barclays increased their price objective on Williams-Sonoma from $116.00 to $123.00 and gave the company an “underweight” rating in a research report on Thursday, November 21st. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $163.16.

Williams-Sonoma Stock Performance

Shares of WSM stock opened at $211.79 on Friday. The stock’s fifty day moving average is $184.01 and its 200-day moving average is $156.87. The stock has a market capitalization of $26.07 billion, a PE ratio of 25.05, a PEG ratio of 3.21 and a beta of 1.79. Williams-Sonoma, Inc. has a 52 week low of $95.76 and a 52 week high of $212.92.

Williams-Sonoma Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, January 17th will be issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date of this dividend is Friday, January 17th. Williams-Sonoma’s dividend payout ratio (DPR) is currently 26.97%.

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.