Alps Advisors Inc. decreased its holdings in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 43.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,002 shares of the specialty retailer’s stock after selling 6,154 shares during the quarter. Alps Advisors Inc.’s holdings in Williams-Sonoma were worth $723,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Huntington National Bank grew its holdings in shares of Williams-Sonoma by 53.9% during the second quarter. Huntington National Bank now owns 374 shares of the specialty retailer’s stock valued at $30,000 after buying an additional 131 shares in the last quarter. Pacitti Group Inc. grew its holdings in shares of Williams-Sonoma by 110.3% during the second quarter. Pacitti Group Inc. now owns 410 shares of the specialty retailer’s stock valued at $38,000 after buying an additional 215 shares in the last quarter. Nachman Norwood & Parrott Inc purchased a new position in shares of Williams-Sonoma during the third quarter valued at $39,000. Valeo Financial Advisors LLC grew its holdings in shares of Williams-Sonoma by 750.0% during the third quarter. Valeo Financial Advisors LLC now owns 561 shares of the specialty retailer’s stock valued at $51,000 after buying an additional 495 shares in the last quarter. Finally, Marshall Wace North America L.P. purchased a new position in shares of Williams-Sonoma during the first quarter valued at $56,000. Institutional investors and hedge funds own 98.58% of the company’s stock.

In related news, CEO Laura Alber sold 35,000 shares of the business’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $103.93, for a total transaction of $3,637,550.00. Following the transaction, the chief executive officer now directly owns 466,702 shares in the company, valued at $48,504,338.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Julie Whalen sold 3,000 shares of the business’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $93.55, for a total value of $280,650.00. Following the transaction, the chief financial officer now owns 60,510 shares in the company, valued at $5,660,710.50. The disclosure for this sale can be found here. Insiders own 1.50% of the company’s stock.

WSM has been the topic of a number of research analyst reports. Wedbush lifted their price target on Williams-Sonoma from $115.00 to $130.00 and gave the company an “outperform” rating in a report on Friday. Telsey Advisory Group boosted their target price on Williams-Sonoma from $110.00 to $120.00 and gave the company an “outperform” rating in a research note on Thursday, August 27th. Oppenheimer started coverage on Williams-Sonoma in a research note on Friday. They issued a “buy” rating and a $115.00 target price on the stock. Loop Capital boosted their target price on Williams-Sonoma from $100.00 to $110.00 in a research note on Friday. Finally, Wells Fargo & Company boosted their target price on Williams-Sonoma from $90.00 to $100.00 and gave the company an “equal weight” rating in a research note on Monday, August 17th. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the company’s stock. Williams-Sonoma currently has a consensus rating of “Hold” and an average price target of $94.06.

NYSE WSM opened at $107.71 on Friday. Williams-Sonoma, Inc. has a twelve month low of $26.01 and a twelve month high of $114.00. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.73 and a current ratio of 1.36. The stock has a market capitalization of $8.38 billion, a PE ratio of 20.75, a P/E/G ratio of 2.61 and a beta of 1.63. The stock has a 50-day simple moving average of $97.66 and a 200 day simple moving average of $87.43.

Williams-Sonoma (NYSE:WSM) last posted its quarterly earnings data on Wednesday, November 18th. The specialty retailer reported $2.56 earnings per share for the quarter, topping the consensus estimate of $1.52 by $1.04. Williams-Sonoma had a return on equity of 36.53% and a net margin of 6.83%. As a group, equities research analysts forecast that Williams-Sonoma, Inc. will post 6.38 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Friday, October 23rd will be paid a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, October 22nd. This represents a $1.92 annualized dividend and a yield of 1.78%. Williams-Sonoma’s dividend payout ratio is 39.67%.

About Williams-Sonoma

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 brand, as well as home furnishings and decorative accessories under the Williams Sonoma Home brand; and furniture, bedding, bathroom accessories, rugs, curtains, lighting, tabletop, outdoor, and decorative accessories under the Pottery Barn brand.

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Institutional Ownership by Quarter for Williams-Sonoma (NYSE:WSM)

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