Ingalls & Snyder LLC Has $12.79 Million Holdings in Williams-Sonoma, Inc. (NYSE:WSM)

Ingalls & Snyder LLC increased its stake in Williams-Sonoma, Inc. (NYSE:WSM) by 3.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 69,041 shares of the specialty retailer’s stock after buying an additional 2,416 shares during the quarter. Ingalls & Snyder LLC’s holdings in Williams-Sonoma were worth $12,785,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in WSM. Smithfield Trust Co boosted its holdings in shares of Williams-Sonoma by 100.0% in the 3rd quarter. Smithfield Trust Co now owns 160 shares of the specialty retailer’s stock valued at $25,000 after buying an additional 80 shares during the last quarter. Cassady Schiller Wealth Management LLC raised its stake in Williams-Sonoma by 100.0% in the 3rd 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 stake in Williams-Sonoma in the 3rd quarter valued at $28,000. HM Payson & Co. raised its stake in Williams-Sonoma by 100.0% in the 3rd 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. Finally, Sittner & Nelson LLC raised its stake in Williams-Sonoma by 100.0% in the 3rd quarter. Sittner & Nelson LLC now owns 200 shares of the specialty retailer’s stock valued at $31,000 after acquiring an additional 100 shares during the period. Institutional investors and hedge funds own 99.29% of the company’s stock.

Insider Buying and Selling at Williams-Sonoma

In other Williams-Sonoma news, CFO Jeffrey Howie sold 3,160 shares of the firm’s 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 transaction, the chief financial officer now directly owns 46,388 shares of the company’s stock, valued at $8,228,767.32. This trade represents a 6.38 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Laura Alber sold 45,000 shares of the firm’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 transaction of $9,349,200.00. Following the completion of the sale, the chief executive officer now owns 944,666 shares in the company, valued at approximately $196,263,808.16. The trade was a 4.55 % decrease in their ownership of the stock. 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 ninety days. 1.50% of the stock is currently owned by company insiders.

Williams-Sonoma Stock Down 1.3 %

WSM stock opened at $203.82 on Thursday. Williams-Sonoma, Inc. has a 12 month low of $108.19 and a 12 month high of $219.98. The firm has a market cap of $25.09 billion, a P/E ratio of 24.11, a P/E/G ratio of 2.91 and a beta of 1.79. The company’s 50-day moving average price is $197.52 and its two-hundred day moving average price is $162.78.

Williams-Sonoma Dividend Announcement

The company 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 $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 1.12%. The ex-dividend date is Friday, January 17th. Williams-Sonoma’s dividend payout ratio is currently 26.97%.

Analyst Upgrades and Downgrades

WSM has been the topic of a number of research analyst reports. TD Cowen increased their price target on Williams-Sonoma from $165.00 to $195.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Wedbush increased their price target 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. increased their price target on Williams-Sonoma from $136.00 to $145.00 and gave the company a “neutral” rating in a research note on Tuesday, November 19th. Barclays increased their price target on Williams-Sonoma from $116.00 to $123.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st. Finally, The Goldman Sachs Group increased their price target on Williams-Sonoma from $170.00 to $224.00 and gave the company a “neutral” rating in a research note on Thursday, January 30th. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $172.34.

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.