Isthmus Partners LLC Takes Position in Williams-Sonoma, Inc. (NYSE:WSM)

Isthmus Partners LLC purchased a new stake in Williams-Sonoma, Inc. (NYSE:WSM) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,437 shares of the specialty retailer’s stock, valued at approximately $532,000.

A number of other large investors also recently modified their holdings of the company. Smithfield Trust Co grew its stake in shares of Williams-Sonoma by 100.0% in the 3rd quarter. Smithfield Trust Co now owns 160 shares of the specialty retailer’s stock valued at $25,000 after buying an additional 80 shares during the period. Diversify Advisory Services LLC grew its stake in shares of Williams-Sonoma by 2.6% in the 3rd quarter. Diversify Advisory Services LLC now owns 3,226 shares of the specialty retailer’s stock valued at $500,000 after buying an additional 81 shares during the period. TFG Advisers LLC grew its stake in shares of Williams-Sonoma by 3.1% in the 2nd quarter. TFG Advisers LLC now owns 2,746 shares of the specialty retailer’s stock valued at $776,000 after buying an additional 83 shares during the period. Cassady Schiller Wealth Management LLC grew its stake in shares of Williams-Sonoma by 100.0% in the 3rd quarter. Cassady Schiller Wealth Management LLC now owns 166 shares of the specialty retailer’s stock valued at $26,000 after buying an additional 83 shares during the period. Finally, JGP Wealth Management LLC grew its stake in shares of Williams-Sonoma by 1.9% in the 2nd quarter. JGP Wealth Management LLC now owns 4,753 shares of the specialty retailer’s stock valued at $1,342,000 after buying an additional 89 shares during the period. 99.29% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CEO Laura Alber sold 40,000 shares of Williams-Sonoma stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $130.49, for a total value of $5,219,600.00. Following the sale, the chief executive officer now owns 990,956 shares of the company’s stock, valued at approximately $129,309,848.44. The trade was a 3.88 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.50% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Evercore ISI raised their price target on shares of Williams-Sonoma from $140.00 to $180.00 and gave the company an “in-line” rating in a research report on Thursday, November 21st. TD Cowen raised their price target on shares of Williams-Sonoma from $165.00 to $195.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. JPMorgan Chase & Co. raised their price target on shares of Williams-Sonoma from $136.00 to $145.00 and gave the company a “neutral” rating in a research report on Tuesday, November 19th. Robert W. Baird dropped their price target on shares of Williams-Sonoma from $150.00 to $140.00 and set a “neutral” rating on the stock in a research report on Friday, August 23rd. Finally, Wedbush raised their price target on shares of Williams-Sonoma from $135.00 to $175.00 and gave the company a “neutral” rating in a research report on Thursday, November 21st. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $154.41.

Williams-Sonoma Trading Up 0.4 %

NYSE:WSM opened at $172.02 on Friday. The stock has a market capitalization of $21.18 billion, a PE ratio of 20.35, a price-to-earnings-growth ratio of 2.61 and a beta of 1.76. The firm’s 50 day moving average is $146.19 and its 200 day moving average is $145.48. Williams-Sonoma, Inc. has a 12 month low of $92.55 and a 12 month high of $181.42.

Williams-Sonoma Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, October 18th were issued a $0.57 dividend. The ex-dividend date of this dividend was Friday, October 18th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.33%. Williams-Sonoma’s dividend payout ratio (DPR) is presently 26.97%.

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.