Captrust Financial Advisors Has $96.15 Million Stock Holdings in Williams-Sonoma, Inc. (NYSE:WSM)

Captrust Financial Advisors lifted its position in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 102.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 620,661 shares of the specialty retailer’s stock after purchasing an additional 314,134 shares during the period. Captrust Financial Advisors’ holdings in Williams-Sonoma were worth $96,153,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Oppenheimer & Co. Inc. grew its stake in Williams-Sonoma by 186.0% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 7,536 shares of the specialty retailer’s stock valued at $1,167,000 after buying an additional 4,901 shares during the last quarter. OneDigital Investment Advisors LLC grew its stake in Williams-Sonoma by 97.1% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 6,167 shares of the specialty retailer’s stock valued at $955,000 after buying an additional 3,038 shares during the last quarter. Intech Investment Management LLC grew its stake in Williams-Sonoma by 27.2% in the 3rd quarter. Intech Investment Management LLC now owns 38,512 shares of the specialty retailer’s stock valued at $5,966,000 after buying an additional 8,237 shares during the last quarter. Pacer Advisors Inc. grew its stake in Williams-Sonoma by 118.7% in the 3rd quarter. Pacer Advisors Inc. now owns 2,110,320 shares of the specialty retailer’s stock valued at $326,931,000 after buying an additional 1,145,410 shares during the last quarter. Finally, Pathstone Holdings LLC grew its stake in Williams-Sonoma by 92.5% in the 3rd quarter. Pathstone Holdings LLC now owns 44,130 shares of the specialty retailer’s stock valued at $6,837,000 after buying an additional 21,200 shares during the last quarter. 99.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on WSM shares. Telsey Advisory Group upped their price target on shares of Williams-Sonoma from $165.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, November 21st. TD Cowen upped their price target on shares of Williams-Sonoma from $165.00 to $195.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Evercore ISI upped 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 note on Thursday, November 21st. Royal Bank of Canada increased their target price on shares of Williams-Sonoma from $162.00 to $189.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. Finally, Citigroup decreased their target price on shares of Williams-Sonoma from $140.00 to $134.00 and set a “neutral” rating on the stock in a research report on Friday, November 8th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $154.41.

Williams-Sonoma Trading Down 1.5 %

Shares of Williams-Sonoma stock opened at $171.39 on Friday. The company has a 50 day moving average of $145.73 and a 200-day moving average of $145.38. Williams-Sonoma, Inc. has a 1-year low of $90.87 and a 1-year high of $181.42. The company has a market cap of $21.10 billion, a PE ratio of 20.27, a price-to-earnings-growth ratio of 2.61 and a beta of 1.76.

Williams-Sonoma Dividend Announcement

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

Insider Transactions at Williams-Sonoma

In related news, CEO Laura Alber sold 40,000 shares of the 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 completion of the transaction, the chief executive officer now owns 990,956 shares of the company’s stock, valued at $129,309,848.44. This represents a 3.88 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.50% of the stock is currently owned by insiders.

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.