Quantbot Technologies LP Has $6.25 Million Holdings in Williams-Sonoma, Inc. (NYSE:WSM)

Quantbot Technologies LP boosted its position in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 471.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,331 shares of the specialty retailer’s stock after acquiring an additional 33,269 shares during the period. Quantbot Technologies LP’s holdings in Williams-Sonoma were worth $6,248,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of WSM. Smithfield Trust Co increased its stake in shares of Williams-Sonoma by 100.0% in the third quarter. Smithfield Trust Co now owns 160 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 80 shares during the period. Quest Partners LLC bought a new position in Williams-Sonoma in the 2nd quarter worth approximately $26,000. Cassady Schiller Wealth Management LLC lifted its holdings in shares of Williams-Sonoma by 100.0% during the third quarter. Cassady Schiller Wealth Management LLC now owns 166 shares of the specialty retailer’s stock worth $26,000 after buying an additional 83 shares during the last quarter. Crewe Advisors LLC bought a new stake in shares of Williams-Sonoma in the second quarter valued at approximately $29,000. Finally, EntryPoint Capital LLC grew its stake in shares of Williams-Sonoma by 520.0% in the first quarter. EntryPoint Capital LLC now owns 93 shares of the specialty retailer’s stock worth $30,000 after acquiring an additional 78 shares during the last quarter. 99.29% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

WSM has been the subject of several research analyst reports. Telsey Advisory Group upped their target price 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. Citigroup reduced their target price on shares of Williams-Sonoma from $140.00 to $134.00 and set a “neutral” rating for the company in a research note on Friday, November 8th. Wedbush boosted their price target on Williams-Sonoma from $135.00 to $175.00 and gave the company a “neutral” rating in a research note on Thursday, November 21st. Barclays raised their price objective on Williams-Sonoma from $116.00 to $123.00 and gave the stock an “underweight” rating in a research report on Thursday, November 21st. Finally, Jefferies Financial Group upgraded Williams-Sonoma from a “hold” rating to a “buy” rating and upped their target price for the company from $148.00 to $156.00 in a research note on Wednesday, September 11th. 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’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $154.41.

Williams-Sonoma Trading Up 3.4 %

Shares of Williams-Sonoma stock opened at $177.85 on Tuesday. The stock has a market capitalization of $22.47 billion, a price-to-earnings ratio of 21.03, a P/E/G ratio of 2.67 and a beta of 1.76. The firm’s 50-day moving average price is $144.29 and its two-hundred day moving average price is $144.90. Williams-Sonoma, Inc. has a 1-year low of $90.87 and a 1-year high of $181.42.

Williams-Sonoma Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, October 18th were given a dividend of $0.57 per share. The ex-dividend date was Friday, October 18th. This represents a $2.28 dividend on an annualized basis and a yield of 1.28%. Williams-Sonoma’s dividend payout ratio (DPR) is presently 26.97%.

Insider Activity at Williams-Sonoma

In other news, EVP Karalyn Smith sold 11,100 shares of the company’s stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of $134.66, for a total transaction of $1,494,726.00. Following the transaction, the executive vice president now directly owns 15,150 shares in the company, valued at approximately $2,040,099. This represents a 42.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Laura Alber sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $145.27, for a total transaction of $5,810,800.00. Following the completion of the sale, the chief executive officer now directly owns 1,030,956 shares of the company’s stock, valued at approximately $149,766,978.12. This represents a 3.73 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 91,100 shares of company stock valued at $12,525,126 in the last three months. Corporate insiders own 1.50% of the company’s stock.

About Williams-Sonoma

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.