Williams-Sonoma, Inc. (NYSE:WSM) Shares Sold by Achmea Investment Management B.V.

Achmea Investment Management B.V. reduced its position in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 2.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 91,632 shares of the specialty retailer’s stock after selling 1,850 shares during the quarter. Achmea Investment Management B.V.’s holdings in Williams-Sonoma were worth $16,969,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. EverSource Wealth Advisors LLC boosted its position in shares of Williams-Sonoma by 15.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 396 shares of the specialty retailer’s stock worth $73,000 after acquiring an additional 53 shares during the last quarter. Resonant Capital Advisors LLC boosted its position in shares of Williams-Sonoma by 1.6% in the fourth quarter. Resonant Capital Advisors LLC now owns 3,474 shares of the specialty retailer’s stock worth $643,000 after acquiring an additional 56 shares during the last quarter. Westmount Partners LLC boosted its position in shares of Williams-Sonoma by 1.0% in the fourth quarter. Westmount Partners LLC now owns 6,242 shares of the specialty retailer’s stock worth $1,156,000 after acquiring an additional 59 shares during the last quarter. Bailard Inc. boosted its position in shares of Williams-Sonoma by 1.6% in the fourth quarter. Bailard Inc. now owns 4,091 shares of the specialty retailer’s stock worth $758,000 after acquiring an additional 66 shares during the last quarter. Finally, Avantax Advisory Services Inc. boosted its position in shares of Williams-Sonoma by 2.8% in the fourth quarter. Avantax Advisory Services Inc. now owns 2,575 shares of the specialty retailer’s stock worth $477,000 after acquiring an additional 70 shares during the last quarter. 99.29% of the stock is owned by institutional investors and hedge funds.

Williams-Sonoma Stock Up 0.1 %

WSM opened at $175.05 on Thursday. The firm has a market capitalization of $21.55 billion, a P/E ratio of 20.70, a P/E/G ratio of 2.89 and a beta of 1.82. The firm’s 50 day moving average is $200.89 and its 200-day moving average is $170.66. Williams-Sonoma, Inc. has a 52-week low of $125.33 and a 52-week high of $219.98.

Analyst Ratings Changes

Several research firms recently issued reports on WSM. The Goldman Sachs Group raised their target price on shares of Williams-Sonoma from $170.00 to $224.00 and gave the stock a “neutral” rating in a research report on Thursday, January 30th. Wedbush reaffirmed a “neutral” rating and set a $190.00 price target (up from $175.00) on shares of Williams-Sonoma in a research report on Friday, February 28th. TD Cowen lifted their price target on shares of Williams-Sonoma from $165.00 to $195.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. 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. Finally, Gordon Haskett raised shares of Williams-Sonoma to a “hold” rating in a research report on Thursday, February 13th. Two research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $173.28.

Insider Activity

In related news, CEO Laura Alber sold 45,000 shares of Williams-Sonoma stock in a transaction on Tuesday, January 21st. The shares were 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 in the company, valued at approximately $196,263,808.16. The trade was a 4.55 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Jeffrey Howie sold 1,408 shares of Williams-Sonoma stock in a transaction on Thursday, February 27th. The stock was 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 of the company’s stock, valued at approximately $9,014,116.16. This trade represents a 2.95 % decrease in their position. The disclosure for this sale can be found here. 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.