M. Kulyk & Associates LLC cut its holdings in Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 18.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,138 shares of the specialty retailer's stock after selling 6,445 shares during the quarter. M. Kulyk & Associates LLC's holdings in Williams-Sonoma were worth $5,211,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of WSM. Smithfield Trust Co raised its holdings in Williams-Sonoma by 100.0% during 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 last quarter. Cassady Schiller Wealth Management LLC raised its holdings in 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 purchasing an additional 83 shares during the last quarter. Brooklyn Investment Group acquired a new position in Williams-Sonoma during the third quarter worth $28,000. Hobbs Group Advisors LLC raised its holdings in Williams-Sonoma by 100.0% during the third quarter. Hobbs Group Advisors LLC now owns 236 shares of the specialty retailer's stock worth $37,000 after purchasing an additional 118 shares during the last quarter. Finally, Heck Capital Advisors LLC acquired a new position in Williams-Sonoma during the fourth quarter worth $37,000. 99.29% of the stock is owned by institutional investors and hedge funds.
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 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. The trade was a 4.55 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 sale, the chief financial officer now directly owns 46,388 shares in the company, valued at $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.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on WSM shares. Evercore ISI lifted their price target 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. Royal Bank of Canada raised their target price on shares of Williams-Sonoma from $162.00 to $189.00 and gave the stock an "outperform" rating in a research report on Thursday, November 21st. Morgan Stanley raised their target price on shares of Williams-Sonoma from $170.00 to $195.00 and gave the stock an "equal weight" rating in a research report on Tuesday, January 21st. Loop Capital raised 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. Finally, Jefferies Financial Group raised their target price on shares of Williams-Sonoma from $194.00 to $226.00 and gave the stock a "buy" rating in a research report on Wednesday, December 18th. Two research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $173.78.
Check Out Our Latest Stock Analysis on WSM
Williams-Sonoma Stock Down 5.7 %
Shares of WSM stock traded down $10.03 during mid-day trading on Thursday, reaching $164.87. The company's stock had a trading volume of 1,970,527 shares, compared to its average volume of 1,850,281. The company's 50 day simple moving average is $200.89 and its 200-day simple moving average is $170.66. Williams-Sonoma, Inc. has a 12-month low of $125.33 and a 12-month high of $219.98. The firm has a market capitalization of $20.30 billion, a PE ratio of 19.50, a price-to-earnings-growth ratio of 2.89 and a beta of 1.82.
About Williams-Sonoma
(
Free Report)
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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