4,968 Shares in Williams-Sonoma, Inc. $WSM Purchased by Fieldview Capital Management LLC

Fieldview Capital Management LLC bought a new stake in Williams-Sonoma, Inc. (NYSE:WSM) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 4,968 shares of the specialty retailer’s stock, valued at approximately $971,000.

Other large investors have also recently bought and sold shares of the company. State Street Corp lifted its stake in shares of Williams-Sonoma by 2.2% in the 2nd quarter. State Street Corp now owns 5,991,697 shares of the specialty retailer’s stock worth $978,864,000 after acquiring an additional 127,597 shares during the period. First Trust Advisors LP increased its stake in shares of Williams-Sonoma by 30.7% during the third quarter. First Trust Advisors LP now owns 2,269,461 shares of the specialty retailer’s stock valued at $443,566,000 after acquiring an additional 532,995 shares during the period. Invesco Ltd. raised its holdings in Williams-Sonoma by 30.6% during the second quarter. Invesco Ltd. now owns 1,741,639 shares of the specialty retailer’s stock worth $284,532,000 after purchasing an additional 407,929 shares in the last quarter. Norges Bank bought a new stake in Williams-Sonoma during the second quarter worth approximately $212,107,000. Finally, JPMorgan Chase & Co. lifted its position in Williams-Sonoma by 44.9% in the second quarter. JPMorgan Chase & Co. now owns 1,256,734 shares of the specialty retailer’s stock worth $205,317,000 after purchasing an additional 389,548 shares during the period. Institutional investors and hedge funds own 99.29% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. UBS Group set a $175.00 price target on Williams-Sonoma and gave the company a “neutral” rating in a research note on Thursday, November 20th. Telsey Advisory Group dropped their price objective on Williams-Sonoma from $225.00 to $220.00 and set an “outperform” rating on the stock in a research note on Thursday, November 20th. Evercore set a $215.00 price objective on Williams-Sonoma in a report on Tuesday, February 10th. TD Cowen reaffirmed a “buy” rating and set a $245.00 target price (up from $210.00) on shares of Williams-Sonoma in a research note on Tuesday, January 20th. Finally, Royal Bank Of Canada set a $206.00 target price on Williams-Sonoma and gave the stock an “outperform” rating in a report on Friday, November 21st. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $203.22.

Insider Activity at Williams-Sonoma

In other news, EVP Karalyn Yearout sold 767 shares of the stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $205.16, for a total value of $157,357.72. Following the completion of the sale, the executive vice president owned 13,236 shares in the company, valued at $2,715,497.76. This represents a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Laura Alber sold 35,000 shares of the firm’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $207.39, for a total value of $7,258,650.00. Following the completion of the sale, the chief executive officer directly owned 806,537 shares of the company’s stock, valued at approximately $167,267,708.43. This trade represents a 4.16% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.10% of the company’s stock.

Williams-Sonoma Price Performance

Williams-Sonoma stock opened at $188.41 on Tuesday. Williams-Sonoma, Inc. has a fifty-two week low of $130.07 and a fifty-two week high of $222.00. The firm’s 50 day simple moving average is $204.82 and its 200-day simple moving average is $195.60. The company has a market cap of $22.49 billion, a P/E ratio of 20.73, a price-to-earnings-growth ratio of 2.79 and a beta of 1.64.

Williams-Sonoma Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Friday, January 16th were paid a $0.66 dividend. The ex-dividend date of this dividend was Friday, January 16th. This represents a $2.64 dividend on an annualized basis and a yield of 1.4%. Williams-Sonoma’s dividend payout ratio (DPR) is currently 29.04%.

About Williams-Sonoma

Williams?Sonoma, Inc is a specialty retailer focused on the home and culinary markets, best known for premium cookware, kitchen tools and home furnishings. The company traces its roots to a single cookware store founded by Chuck Williams in 1956 in Sonoma, California, and has evolved into a multi?brand home furnishings and housewares business. Its merchandise mix spans cookware and kitchen electrics, tabletop and food prep items, furniture, bedding, lighting and decorative accessories designed for both everyday use and higher?end interiors.

The company operates a portfolio of consumer brands that target distinct segments of the home market.