Kintegral Advisory LLC Trims Stock Position in Williams-Sonoma, Inc. (NYSE:WSM)

Kintegral Advisory LLC lessened its position in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 4.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,849 shares of the specialty retailer’s stock after selling 553 shares during the period. Kintegral Advisory LLC’s holdings in Williams-Sonoma were worth $2,194,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of WSM. Smithfield Trust Co grew its holdings in shares of Williams-Sonoma by 100.0% during the third quarter. Smithfield Trust Co now owns 160 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 80 shares in the last quarter. Cassady Schiller Wealth Management LLC raised its stake in Williams-Sonoma by 100.0% in the third quarter. Cassady Schiller Wealth Management LLC now owns 166 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 83 shares in the last quarter. Brooklyn Investment Group bought a new stake in Williams-Sonoma during the third quarter valued at approximately $28,000. HM Payson & Co. grew 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 worth $31,000 after buying an additional 100 shares in the last quarter. Finally, Sittner & Nelson LLC increased its holdings in shares of Williams-Sonoma by 100.0% in the 3rd quarter. Sittner & Nelson LLC now owns 200 shares of the specialty retailer’s stock worth $31,000 after buying an additional 100 shares during the last quarter. 99.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Williams-Sonoma news, CFO Jeffrey Howie sold 3,160 shares of the company’s stock in a transaction on 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 transaction, the chief financial officer now directly owns 46,388 shares in the company, valued at approximately $8,228,767.32. This represents a 6.38 % decrease in their position. The sale was disclosed in a document filed 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 dated Tuesday, January 21st. The stock was 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 directly owns 944,666 shares of the company’s stock, valued at approximately $196,263,808.16. This represents a 4.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by insiders.

Williams-Sonoma Price Performance

WSM opened at $195.03 on Friday. Williams-Sonoma, Inc. has a one year low of $110.93 and a one year high of $219.98. The business has a 50 day simple moving average of $200.78 and a two-hundred day simple moving average of $166.06. The firm has a market capitalization of $24.01 billion, a price-to-earnings ratio of 23.07, a PEG ratio of 2.89 and a beta of 1.79.

Williams-Sonoma Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, January 17th were issued a dividend of $0.57 per share. The ex-dividend date of this dividend was Friday, January 17th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.17%. Williams-Sonoma’s dividend payout ratio is presently 26.98%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on WSM. JPMorgan Chase & Co. lifted their price objective on shares of Williams-Sonoma from $136.00 to $145.00 and gave the stock a “neutral” rating in a report on Tuesday, November 19th. Royal Bank of Canada lifted their price target on Williams-Sonoma from $162.00 to $189.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. Citigroup reduced their price objective on Williams-Sonoma from $140.00 to $134.00 and set a “neutral” rating on the stock in a research report on Friday, November 8th. Gordon Haskett upgraded Williams-Sonoma to a “hold” rating in a research report on Thursday, February 13th. Finally, Loop Capital upped their target price on Williams-Sonoma from $145.00 to $180.00 and gave the stock a “hold” rating in a research note on Thursday, November 21st. Two investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $172.34.

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 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.