Ferguson Wellman Capital Management Inc. purchased a new position in Williams-Sonoma, Inc. (NYSE:WSM – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,285 shares of the specialty retailer’s stock, valued at approximately $238,000.
A number of other institutional investors also recently bought and sold shares of WSM. Smithfield Trust Co lifted its position in 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 buying an additional 80 shares during the last quarter. Cassady Schiller Wealth Management LLC lifted its position in Williams-Sonoma by 100.0% in 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. Brooklyn Investment Group bought a new stake in Williams-Sonoma in the third quarter worth $28,000. HM Payson & Co. lifted its position in shares of Williams-Sonoma by 100.0% during the third quarter. HM Payson & Co. now owns 200 shares of the specialty retailer’s stock worth $31,000 after purchasing an additional 100 shares during the last quarter. Finally, Sittner & Nelson LLC lifted its position in shares of Williams-Sonoma by 100.0% during the third quarter. Sittner & Nelson LLC now owns 200 shares of the specialty retailer’s stock worth $31,000 after purchasing an additional 100 shares during the last quarter. 99.29% of the stock is currently owned by institutional investors.
Williams-Sonoma Price Performance
WSM opened at $209.12 on Tuesday. The business’s 50-day moving average is $196.39 and its two-hundred day moving average is $162.00. Williams-Sonoma, Inc. has a 1 year low of $108.19 and a 1 year high of $219.98. The firm has a market capitalization of $25.74 billion, a PE ratio of 24.73, a price-to-earnings-growth ratio of 2.91 and a beta of 1.79.
Williams-Sonoma Dividend Announcement
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on WSM. Wedbush lifted their target price on Williams-Sonoma from $135.00 to $175.00 and gave the stock a “neutral” rating in a research report on Thursday, November 21st. The Goldman Sachs Group lifted their target price on Williams-Sonoma from $170.00 to $224.00 and gave the stock a “neutral” rating in a research report on Thursday, January 30th. Citigroup decreased their target price on Williams-Sonoma from $140.00 to $134.00 and set a “neutral” rating for the company in a research report on Friday, November 8th. JPMorgan Chase & Co. lifted their target price on Williams-Sonoma from $136.00 to $145.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 19th. Finally, Barclays lifted their target price on Williams-Sonoma from $116.00 to $123.00 and gave the stock an “underweight” rating in a research report on Thursday, November 21st. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $172.34.
Check Out Our Latest Report on Williams-Sonoma
Insider Buying and Selling at Williams-Sonoma
In other Williams-Sonoma news, CEO Laura Alber sold 45,000 shares of the firm’s stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $207.76, for a total value of $9,349,200.00. Following the completion of the sale, the chief executive officer now owns 944,666 shares of the company’s stock, valued at approximately $196,263,808.16. This trade represents a 4.55 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Jeffrey Howie sold 3,160 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $177.39, for a total value of $560,552.40. Following the completion of the sale, the chief financial officer now directly owns 46,388 shares of the company’s stock, valued at approximately $8,228,767.32. This represents a 6.38 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 88,160 shares of company stock worth $15,129,352 over the last quarter. Insiders own 1.50% of the company’s stock.
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.
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