Williams-Sonoma, Inc. (NYSE:WSM) is Radnor Capital Management LLC’s 10th Largest Position

Radnor Capital Management LLC reduced its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 10.8% during the 4th quarter, HoldingsChannel reports. The fund owned 45,800 shares of the specialty retailer’s stock after selling 5,532 shares during the period. Williams-Sonoma accounts for 1.4% of Radnor Capital Management LLC’s holdings, making the stock its 10th biggest position. Radnor Capital Management LLC’s holdings in Williams-Sonoma were worth $8,481,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of WSM. Quest Partners LLC acquired a new position in shares of Williams-Sonoma during the 2nd quarter worth $26,000. DekaBank Deutsche Girozentrale lifted its stake in Williams-Sonoma by 27.0% during the second quarter. DekaBank Deutsche Girozentrale now owns 24,561 shares of the specialty retailer’s stock worth $7,047,000 after purchasing an additional 5,217 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Williams-Sonoma by 1.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 165,536 shares of the specialty retailer’s stock valued at $46,743,000 after purchasing an additional 2,020 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Williams-Sonoma by 5.6% during the second quarter. Dimensional Fund Advisors LP now owns 823,692 shares of the specialty retailer’s stock valued at $232,613,000 after acquiring an additional 43,607 shares during the period. Finally, Renaissance Technologies LLC boosted its position in Williams-Sonoma by 536.3% in the second quarter. Renaissance Technologies LLC now owns 383,700 shares of the specialty retailer’s stock valued at $108,345,000 after buying an additional 323,400 shares in the last quarter. 99.29% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Williams-Sonoma news, CEO Laura Alber sold 40,000 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The stock was 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 in the company, valued at approximately $129,309,848.44. The trade was a 3.88 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Jeffrey Howie sold 3,160 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $177.39, for a total transaction of $560,552.40. Following the transaction, the chief financial officer now directly owns 46,388 shares of the company’s stock, valued at $8,228,767.32. This represents a 6.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

Williams-Sonoma Price Performance

Shares of Williams-Sonoma stock opened at $192.53 on Wednesday. Williams-Sonoma, Inc. has a 1 year low of $95.76 and a 1 year high of $200.56. The business has a 50-day moving average of $175.15 and a two-hundred day moving average of $154.27. The company has a market capitalization of $23.70 billion, a P/E ratio of 22.77, a price-to-earnings-growth ratio of 2.98 and a beta of 1.79.

Williams-Sonoma Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, January 17th will be given a $0.57 dividend. The ex-dividend date of this dividend is Friday, January 17th. This represents a $2.28 annualized dividend and a yield of 1.18%. Williams-Sonoma’s dividend payout ratio is currently 26.98%.

Analyst Upgrades and Downgrades

A number of research firms have commented on WSM. Citigroup reduced their price objective on Williams-Sonoma from $140.00 to $134.00 and set a “neutral” rating on the stock in a research note on Friday, November 8th. JPMorgan Chase & Co. upped their price target on shares of Williams-Sonoma from $136.00 to $145.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 19th. Barclays increased their price objective on shares of Williams-Sonoma from $116.00 to $123.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. TD Cowen upped their target price on shares of Williams-Sonoma from $165.00 to $195.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Finally, 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 report on Thursday, November 21st. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $160.03.

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.