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Williams-Sonoma, Inc. (NYSE:WSM) Shares Sold by Xponance Inc.

Williams-Sonoma logo with Retail/Wholesale background

Xponance Inc. trimmed its position in Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 13.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,591 shares of the specialty retailer's stock after selling 3,957 shares during the period. Xponance Inc.'s holdings in Williams-Sonoma were worth $3,888,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of WSM. Heck Capital Advisors LLC acquired a new position in Williams-Sonoma during the 4th quarter valued at approximately $37,000. SOA Wealth Advisors LLC. acquired a new position in shares of Williams-Sonoma in the 1st quarter valued at $33,000. Sentry Investment Management LLC purchased a new position in Williams-Sonoma in the 1st quarter worth $32,000. Wayfinding Financial LLC acquired a new stake in Williams-Sonoma during the 1st quarter worth about $35,000. Finally, Golden State Wealth Management LLC grew its stake in Williams-Sonoma by 123.6% during the 1st quarter. Golden State Wealth Management LLC now owns 246 shares of the specialty retailer's stock valued at $39,000 after purchasing an additional 136 shares during the last quarter. 99.29% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Williams-Sonoma

In other Williams-Sonoma news, CEO Laura Alber sold 30,000 shares of the business's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $164.33, for a total transaction of $4,929,900.00. Following the completion of the sale, the chief executive officer directly owned 996,927 shares in the company, valued at approximately $163,825,013.91. The trade was a 2.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Jeffrey Howie sold 4,000 shares of the firm's stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $168.96, for a total value of $675,840.00. Following the completion of the transaction, the chief financial officer owned 34,388 shares in the company, valued at approximately $5,810,196.48. This trade represents a 10.42% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 42,915 shares of company stock worth $6,990,946 over the last ninety days. 1.10% of the stock is currently owned by corporate insiders.

Williams-Sonoma Stock Performance

Shares of Williams-Sonoma stock traded down $4.21 on Monday, hitting $170.61. The company's stock had a trading volume of 1,006,295 shares, compared to its average volume of 2,046,622. The company has a market capitalization of $20.99 billion, a price-to-earnings ratio of 19.32, a price-to-earnings-growth ratio of 2.83 and a beta of 1.45. The firm has a fifty day moving average price of $163.83 and a 200-day moving average price of $174.75. Williams-Sonoma, Inc. has a 1 year low of $125.33 and a 1 year high of $219.98.

Williams-Sonoma (NYSE:WSM - Get Free Report) last announced its earnings results on Thursday, May 22nd. The specialty retailer reported $1.85 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.09. Williams-Sonoma had a return on equity of 52.79% and a net margin of 14.35%. The business had revenue of $1.73 billion during the quarter, compared to the consensus estimate of $1.67 billion. During the same period in the prior year, the company posted $3.48 EPS. The business's quarterly revenue was up 4.2% on a year-over-year basis. As a group, analysts forecast that Williams-Sonoma, Inc. will post 8.36 EPS for the current year.

Williams-Sonoma Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 22nd. Investors of record on Friday, July 18th will be given a dividend of $0.66 per share. The ex-dividend date is Friday, July 18th. This represents a $2.64 annualized dividend and a dividend yield of 1.55%. Williams-Sonoma's dividend payout ratio (DPR) is presently 29.90%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on WSM. UBS Group reduced their price objective on Williams-Sonoma from $165.00 to $160.00 and set a "neutral" rating for the company in a research note on Friday, May 23rd. Baird R W raised shares of Williams-Sonoma from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 7th. The Goldman Sachs Group decreased their price objective on shares of Williams-Sonoma from $201.00 to $174.00 and set a "neutral" rating for the company in a research note on Monday, May 5th. Wells Fargo & Company cut their price objective on shares of Williams-Sonoma from $195.00 to $170.00 and set an "equal weight" rating on the stock in a research note on Thursday, March 20th. Finally, Zelman & Associates began coverage on shares of Williams-Sonoma in a research report on Thursday, May 15th. They set an "underperform" rating for the company. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $176.75.

Check Out Our Latest Report on WSM

Williams-Sonoma Profile

(Free Report)

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.

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

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