1,031 Shares in Williams-Sonoma, Inc. (NYSE:WSM) Acquired by Intrust Bank NA

Intrust Bank NA bought a new stake in Williams-Sonoma, Inc. (NYSE:WSM) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,031 shares of the specialty retailer’s stock, valued at approximately $208,000.

A number of other institutional investors also recently added to or reduced their stakes in the company. MCF Advisors LLC acquired a new stake in shares of Williams-Sonoma in the 4th quarter valued at $25,000. Loomis Sayles & Co. L P raised its stake in Williams-Sonoma by 129.3% in the third quarter. Loomis Sayles & Co. L P now owns 188 shares of the specialty retailer’s stock valued at $29,000 after buying an additional 106 shares in the last quarter. First Horizon Advisors Inc. raised its stake in Williams-Sonoma by 820.0% in the third quarter. First Horizon Advisors Inc. now owns 230 shares of the specialty retailer’s stock valued at $36,000 after buying an additional 205 shares in the last quarter. Lindbrook Capital LLC lifted its holdings in Williams-Sonoma by 30.5% during the 4th quarter. Lindbrook Capital LLC now owns 231 shares of the specialty retailer’s stock worth $47,000 after buying an additional 54 shares during the last quarter. Finally, Larson Financial Group LLC acquired a new position in shares of Williams-Sonoma during the 3rd quarter worth about $51,000. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Insider Activity

In other Williams-Sonoma news, EVP Karalyn Smith sold 1,145 shares of Williams-Sonoma stock in a transaction that occurred on Tuesday, March 19th. The shares were sold at an average price of $289.06, for a total value of $330,973.70. Following the completion of the sale, the executive vice president now directly owns 6,966 shares of the company’s stock, valued at approximately $2,013,591.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CEO Laura Alber sold 20,000 shares of the stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $283.74, for a total transaction of $5,674,800.00. Following the transaction, the chief executive officer now directly owns 505,509 shares in the company, valued at approximately $143,433,123.66. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Karalyn Smith sold 1,145 shares of the firm’s stock in a transaction that occurred on Tuesday, March 19th. The stock was sold at an average price of $289.06, for a total transaction of $330,973.70. Following the completion of the sale, the executive vice president now directly owns 6,966 shares in the company, valued at $2,013,591.96. The disclosure for this sale can be found here. Insiders have sold 41,145 shares of company stock worth $12,182,219 over the last three months. 1.50% of the stock is currently owned by corporate insiders.

Williams-Sonoma Stock Down 1.1 %

Shares of NYSE:WSM opened at $283.62 on Thursday. Williams-Sonoma, Inc. has a fifty-two week low of $109.44 and a fifty-two week high of $319.78. The firm’s 50-day simple moving average is $278.95 and its 200-day simple moving average is $220.72. The company has a market cap of $18.22 billion, a price-to-earnings ratio of 19.47, a PEG ratio of 2.41 and a beta of 1.72.

Williams-Sonoma (NYSE:WSM) last announced its quarterly earnings data on Wednesday, March 13th. The specialty retailer reported $5.44 earnings per share for the quarter, beating analysts’ consensus estimates of $5.06 by $0.38. The company had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.22 billion. Williams-Sonoma had a return on equity of 55.15% and a net margin of 12.25%. The firm’s revenue for the quarter was down 7.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $5.50 EPS. On average, research analysts forecast that Williams-Sonoma, Inc. will post 15.37 EPS for the current year.

Williams-Sonoma Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 24th. Stockholders of record on Friday, April 19th will be given a $1.13 dividend. The ex-dividend date is Thursday, April 18th. This is a positive change from Williams-Sonoma’s previous quarterly dividend of $0.90. This represents a $4.52 annualized dividend and a dividend yield of 1.59%. Williams-Sonoma’s dividend payout ratio is currently 31.02%.

Analysts Set New Price Targets

WSM has been the topic of several research analyst reports. Evercore ISI cut their target price on Williams-Sonoma from $315.00 to $300.00 and set an “in-line” rating on the stock in a research report on Tuesday, April 16th. TD Cowen boosted their price objective on shares of Williams-Sonoma from $260.00 to $320.00 and gave the stock an “outperform” rating in a research report on Thursday, March 14th. Royal Bank of Canada increased their target price on shares of Williams-Sonoma from $261.00 to $295.00 and gave the company an “outperform” rating in a research report on Thursday, March 14th. Needham & Company LLC reissued a “hold” rating on shares of Williams-Sonoma in a research report on Wednesday, April 3rd. Finally, Bank of America raised their price objective on Williams-Sonoma from $250.00 to $298.00 and gave the stock a “neutral” rating in a report on Thursday, March 21st. Four analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $248.06.

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.