Counterpoint Mutual Funds LLC Purchases New Position in Williams-Sonoma, Inc. (NYSE:WSM)

Counterpoint Mutual Funds LLC purchased a new stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 1,522 shares of the specialty retailer’s stock, valued at approximately $282,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Oppenheimer & Co. Inc. grew its holdings in shares of Williams-Sonoma by 186.0% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 7,536 shares of the specialty retailer’s stock valued at $1,167,000 after purchasing an additional 4,901 shares during the last quarter. OneDigital Investment Advisors LLC grew its holdings in shares of Williams-Sonoma by 97.1% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 6,167 shares of the specialty retailer’s stock valued at $955,000 after purchasing an additional 3,038 shares during the last quarter. Stifel Financial Corp grew its holdings in Williams-Sonoma by 94.8% during the 3rd quarter. Stifel Financial Corp now owns 19,535 shares of the specialty retailer’s stock worth $3,026,000 after acquiring an additional 9,509 shares during the last quarter. Intech Investment Management LLC grew its holdings in Williams-Sonoma by 27.2% during the 3rd quarter. Intech Investment Management LLC now owns 38,512 shares of the specialty retailer’s stock worth $5,966,000 after acquiring an additional 8,237 shares during the last quarter. Finally, Cerity Partners LLC grew its holdings in Williams-Sonoma by 67.4% during the 3rd quarter. Cerity Partners LLC now owns 29,959 shares of the specialty retailer’s stock worth $4,641,000 after acquiring an additional 12,061 shares during the last quarter. 99.29% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Jefferies Financial Group boosted their target price on shares of Williams-Sonoma from $194.00 to $226.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Telsey Advisory Group reissued an “outperform” rating and set a $230.00 target price on shares of Williams-Sonoma in a report on Monday. Wedbush reissued a “neutral” rating and set a $190.00 target price (up from $175.00) on shares of Williams-Sonoma in a report on Friday, February 28th. 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 report on Thursday, November 21st. 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 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 assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $176.28.

Williams-Sonoma Stock Down 1.8 %

Williams-Sonoma stock opened at $171.90 on Wednesday. Williams-Sonoma, Inc. has a 12-month low of $125.33 and a 12-month high of $219.98. The firm’s fifty day moving average is $198.96 and its 200 day moving average is $171.92. The company has a market capitalization of $21.16 billion, a PE ratio of 20.33, a PEG ratio of 2.89 and a beta of 1.82.

Insider Activity 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 approximately $9,014,116.16. The trade was a 2.95 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 $196,263,808.16. This trade represents a 4.55 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is owned by corporate insiders.

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.