Captrust Financial Advisors Has $119.52 Million Stock Position in Williams-Sonoma, Inc. (NYSE:WSM)

Captrust Financial Advisors increased its position in Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 4.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 645,402 shares of the specialty retailer's stock after purchasing an additional 24,741 shares during the quarter. Captrust Financial Advisors owned approximately 0.52% of Williams-Sonoma worth $119,516,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Heck Capital Advisors LLC bought a new stake in Williams-Sonoma in the fourth quarter valued at about $37,000. Newbridge Financial Services Group Inc. bought a new position in shares of Williams-Sonoma in the fourth quarter valued at about $38,000. Kozak & Associates Inc. bought a new position in Williams-Sonoma during the 4th quarter worth $39,000. ORG Partners LLC acquired a new stake in Williams-Sonoma during the fourth quarter worth approximately $46,000. Finally, OFI Invest Asset Management acquired a new position in shares of Williams-Sonoma in the 4th quarter valued at approximately $49,000. 99.29% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

WSM has been the subject of a number of recent research reports. Barclays increased their price objective on Williams-Sonoma from $123.00 to $131.00 and gave the company an "underweight" rating in a report on Thursday, March 13th. Telsey Advisory Group reiterated an "outperform" rating and set a $220.00 price target on shares of Williams-Sonoma in a report on Friday, April 4th. Evercore ISI cut their target price on shares of Williams-Sonoma from $180.00 to $175.00 and set an "in-line" rating for the company in a research report on Tuesday, April 1st. UBS Group upgraded Williams-Sonoma from a "sell" rating to a "neutral" rating and boosted their target price for the stock from $140.00 to $165.00 in a research report on Thursday, March 20th. Finally, KeyCorp raised shares of Williams-Sonoma from a "sector weight" rating to an "overweight" rating and set a $181.00 price objective for the company in a research note on Friday, April 25th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Williams-Sonoma presently has a consensus rating of "Hold" and an average target price of $175.94.

Williams-Sonoma Stock Up 2.1 %

Shares of WSM stock traded up $3.29 during mid-day trading on Wednesday, reaching $157.70. The company's stock had a trading volume of 1,434,535 shares, compared to its average volume of 2,054,911. The firm has a market capitalization of $19.39 billion, a PE ratio of 18.65, a price-to-earnings-growth ratio of 2.89 and a beta of 1.57. Williams-Sonoma, Inc. has a 12-month low of $125.33 and a 12-month high of $219.98. The company's 50 day simple moving average is $158.90 and its 200-day simple moving average is $173.50.

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

Williams-Sonoma Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, May 24th. Investors of record on Thursday, April 17th will be paid a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 1.67%. The ex-dividend date is Thursday, April 17th. This is a positive change from Williams-Sonoma's previous quarterly dividend of $0.57. Williams-Sonoma's payout ratio is presently 29.30%.

Insiders Place Their Bets

In other news, EVP Karalyn Yearout sold 8,000 shares of the business's stock in a transaction on Wednesday, April 9th. The shares were sold at an average price of $151.53, for a total value of $1,212,240.00. Following the completion of the transaction, the executive vice president now owns 16,505 shares of the company's stock, valued at $2,501,002.65. The trade was a 32.65 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Jeffrey Howie sold 1,408 shares of the business's stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $194.32, for a total transaction of $273,602.56. Following the completion of the sale, the chief financial officer now directly owns 46,388 shares in the company, valued at approximately $9,014,116.16. This represents a 2.95 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 80,635 shares of company stock valued at $13,236,175 over the last 90 days. 1.50% of the stock is currently owned by company insiders.

Williams-Sonoma 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.