D.A. Davidson & CO. Has $875,000 Stock Position in Williams-Sonoma, Inc. (NYSE:WSM)

D.A. Davidson & CO. boosted its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 63.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,648 shares of the specialty retailer’s stock after purchasing an additional 2,201 shares during the quarter. D.A. Davidson & CO.’s holdings in Williams-Sonoma were worth $875,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Quest Partners LLC acquired a new position in shares of Williams-Sonoma during the second quarter valued at about $26,000. Crewe Advisors LLC bought a new position in Williams-Sonoma during the second quarter valued at about $29,000. Hobbs Group Advisors LLC acquired a new position in Williams-Sonoma in the 2nd quarter valued at approximately $33,000. Smithfield Trust Co lifted its position 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 worth $25,000 after acquiring an additional 80 shares during the period. Finally, Cassady Schiller Wealth Management LLC grew its holdings in shares of Williams-Sonoma by 100.0% during the 3rd quarter. Cassady Schiller Wealth Management LLC now owns 166 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 83 shares in the last quarter. 99.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently commented on WSM. JPMorgan Chase & Co. upped their target price on Williams-Sonoma from $136.00 to $145.00 and gave the company a “neutral” rating in a research note on Tuesday, November 19th. Citigroup reduced their price objective on shares of Williams-Sonoma from $140.00 to $134.00 and set a “neutral” rating for the company in a report on Friday, November 8th. TD Cowen upped their target price on shares of Williams-Sonoma from $165.00 to $195.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Royal Bank of Canada raised their price target on shares of Williams-Sonoma from $162.00 to $189.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. Finally, Loop Capital upped their price objective on Williams-Sonoma from $145.00 to $180.00 and gave the company a “hold” rating in a research note on Thursday, November 21st. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Williams-Sonoma has an average rating of “Hold” and a consensus price target of $154.41.

Insider Activity at Williams-Sonoma

In other Williams-Sonoma news, CEO Laura Alber sold 40,000 shares of the stock in a transaction on Friday, November 15th. The stock was sold at an average price of $130.49, for a total value of $5,219,600.00. Following the transaction, the chief executive officer now directly owns 990,956 shares in the company, valued at approximately $129,309,848.44. This trade represents a 3.88 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.50% of the stock is currently owned by company insiders.

Williams-Sonoma Stock Up 0.4 %

Shares of NYSE WSM opened at $172.02 on Monday. Williams-Sonoma, Inc. has a 12-month low of $92.55 and a 12-month high of $181.42. The firm’s 50-day simple moving average is $146.19 and its 200 day simple moving average is $145.29. The company has a market cap of $21.18 billion, a price-to-earnings ratio of 20.35, a price-to-earnings-growth ratio of 2.62 and a beta of 1.76.

Williams-Sonoma Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, October 18th were paid a dividend of $0.57 per share. The ex-dividend date of this dividend was Friday, October 18th. This represents a $2.28 annualized dividend and a dividend yield of 1.33%. Williams-Sonoma’s dividend payout ratio (DPR) is currently 26.97%.

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.