OneDigital Investment Advisors LLC Sells 4,108 Shares of Williams-Sonoma, Inc. (NYSE:WSM)

OneDigital Investment Advisors LLC lowered its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 66.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,059 shares of the specialty retailer's stock after selling 4,108 shares during the quarter. OneDigital Investment Advisors LLC's holdings in Williams-Sonoma were worth $381,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of WSM. Heck Capital Advisors LLC acquired a new position in shares of Williams-Sonoma during the fourth quarter worth about $37,000. Kozak & Associates Inc. purchased a new stake in shares of Williams-Sonoma during the 4th quarter valued at about $39,000. Newbridge Financial Services Group Inc. acquired a new position in Williams-Sonoma during the 4th quarter worth approximately $38,000. ORG Partners LLC purchased a new position in Williams-Sonoma in the 4th quarter worth approximately $46,000. Finally, OFI Invest Asset Management acquired a new stake in Williams-Sonoma in the fourth quarter valued at approximately $49,000. Institutional investors and hedge funds own 99.29% of the company's stock.

Insider Buying and Selling at Williams-Sonoma

In related news, CEO Laura Alber sold 30,000 shares of the company's stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $165.78, for a total transaction of $4,973,400.00. Following the sale, the chief executive officer now owns 1,018,374 shares in the company, valued at approximately $168,826,041.72. This represents a 2.86 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Jeffrey Howie sold 36,312 shares of Williams-Sonoma stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $165.79, for a total transaction of $6,020,166.48. Following the completion of the transaction, the chief financial officer now directly owns 46,388 shares of the company's stock, valued at approximately $7,690,666.52. This trade represents a 43.91 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 76,635 shares of company stock valued at $12,609,055 in the last 90 days. 1.50% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

WSM has been the subject of a number of analyst reports. The Goldman Sachs Group upped their price objective on shares of Williams-Sonoma from $170.00 to $224.00 and gave the company a "neutral" rating in a research report on Thursday, January 30th. Gordon Haskett upgraded Williams-Sonoma to a "hold" rating in a research note on Thursday, February 13th. Jefferies Financial Group dropped their price objective on Williams-Sonoma from $226.00 to $208.00 and set a "buy" rating on the stock in a report on Thursday, March 20th. Barclays raised their price target on shares of Williams-Sonoma from $123.00 to $131.00 and gave the stock an "underweight" rating in a research report on Thursday, March 13th. Finally, JPMorgan Chase & Co. upped their price target on shares of Williams-Sonoma from $153.00 to $168.00 and gave the company a "neutral" rating in a report on Thursday, March 20th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Williams-Sonoma currently has an average rating of "Hold" and an average price target of $179.06.

Williams-Sonoma Trading Up 0.7 %

WSM stock traded up $1.12 during trading on Wednesday, hitting $154.52. 1,631,798 shares of the stock traded hands, compared to its average volume of 2,061,240. The stock has a market cap of $19.08 billion, a price-to-earnings ratio of 18.28, a P/E/G ratio of 2.89 and a beta of 1.76. Williams-Sonoma, Inc. has a one year low of $125.33 and a one year high of $219.98. The company has a 50 day simple moving average of $163.49 and a 200 day simple moving average of $173.25.

Williams-Sonoma (NYSE:WSM - Get Free Report) last released its earnings results on Wednesday, March 19th. The specialty retailer reported $3.28 earnings per share for the quarter, topping analysts' consensus estimates of $2.88 by $0.40. Williams-Sonoma had a return on equity of 51.56% and a net margin of 14.54%. The company had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $2.34 billion. During the same quarter in the previous year, the company posted $5.44 earnings per share. The firm's quarterly revenue was up 8.0% on a year-over-year basis. As a group, analysts predict that Williams-Sonoma, Inc. will post 8.36 earnings per share for the current fiscal year.

Williams-Sonoma Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, May 24th. Stockholders of record on Thursday, April 17th will be given a dividend of $0.66 per share. This is an increase from Williams-Sonoma's previous quarterly dividend of $0.57. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $2.64 annualized dividend and a dividend yield of 1.71%. Williams-Sonoma's dividend payout ratio is currently 29.30%.

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.