Williams-Sonoma, Inc. (NYSE:WSM) Shares Acquired by Corient Private Wealth LLC

Corient Private Wealth LLC raised its holdings in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 6.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 114,047 shares of the specialty retailer’s stock after buying an additional 6,757 shares during the period. Corient Private Wealth LLC’s holdings in Williams-Sonoma were worth $20,728,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. FMR LLC lifted its position in Williams-Sonoma by 72.7% during the third quarter. FMR LLC now owns 8,781,201 shares of the specialty retailer’s stock valued at $1,360,384,000 after buying an additional 3,695,837 shares in the last quarter. State Street Corp lifted its position in Williams-Sonoma by 108.8% during the third quarter. State Street Corp now owns 5,329,125 shares of the specialty retailer’s stock valued at $825,588,000 after buying an additional 2,777,339 shares in the last quarter. Geode Capital Management LLC lifted its position in Williams-Sonoma by 107.5% during the third quarter. Geode Capital Management LLC now owns 2,689,451 shares of the specialty retailer’s stock valued at $418,223,000 after buying an additional 1,393,436 shares in the last quarter. Pacer Advisors Inc. lifted its position in Williams-Sonoma by 118.7% during the third 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 in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Williams-Sonoma by 104.8% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,105,336 shares of the specialty retailer’s stock valued at $171,239,000 after buying an additional 565,745 shares in the last quarter. 99.29% of the stock is owned by institutional investors and hedge funds.

Williams-Sonoma Trading Down 1.8 %

Shares of NYSE:WSM opened at $171.90 on Wednesday. The company has a fifty day simple moving average of $198.96 and a 200 day simple moving average of $171.92. The firm has a market cap of $21.16 billion, a PE ratio of 20.33, a price-to-earnings-growth ratio of 2.89 and a beta of 1.82. Williams-Sonoma, Inc. has a 12-month low of $125.33 and a 12-month high of $219.98.

Insider Buying and Selling at Williams-Sonoma

In other Williams-Sonoma news, CFO Jeffrey Howie sold 1,408 shares of the business’s stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $194.32, for a total transaction of $273,602.56. Following the completion of the sale, the chief financial officer now owns 46,388 shares in the company, valued at $9,014,116.16. The trade was a 2.95 % 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 45,000 shares of the business’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $207.76, for a total transaction of $9,349,200.00. Following the sale, the chief executive officer now owns 944,666 shares of the company’s stock, valued at approximately $196,263,808.16. The trade was a 4.55 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on WSM. Royal Bank of Canada lifted their price target on shares of Williams-Sonoma from $162.00 to $189.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. Loop Capital boosted their target price on shares of Williams-Sonoma from $145.00 to $180.00 and gave the stock a “hold” rating in a research report on Thursday, November 21st. Wells Fargo & Company boosted their target price on shares of Williams-Sonoma from $165.00 to $185.00 and gave the stock an “equal weight” rating in a research report on Monday, January 6th. Wedbush reissued a “neutral” rating and set a $190.00 target price (up from $175.00) on shares of Williams-Sonoma in a research report on Friday, February 28th. Finally, Evercore ISI boosted their target price on shares of Williams-Sonoma from $140.00 to $180.00 and gave the stock an “in-line” rating in a research report on Thursday, November 21st. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $176.28.

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.