Farther Finance Advisors LLC Has $429,000 Stock Holdings in Williams-Sonoma, Inc. (NYSE:WSM)

Farther Finance Advisors LLC trimmed its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 20.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,316 shares of the specialty retailer’s stock after selling 584 shares during the quarter. Farther Finance Advisors LLC’s holdings in Williams-Sonoma were worth $429,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. FMR LLC increased its position in Williams-Sonoma by 72.7% during the 3rd quarter. FMR LLC now owns 8,781,201 shares of the specialty retailer’s stock worth $1,360,384,000 after purchasing an additional 3,695,837 shares in the last quarter. State Street Corp increased its position in Williams-Sonoma by 108.8% during the 3rd quarter. State Street Corp now owns 5,329,125 shares of the specialty retailer’s stock worth $825,588,000 after purchasing an additional 2,777,339 shares in the last quarter. Geode Capital Management LLC increased its position in Williams-Sonoma by 107.5% during the 3rd quarter. Geode Capital Management LLC now owns 2,689,451 shares of the specialty retailer’s stock worth $418,223,000 after purchasing an additional 1,393,436 shares in the last quarter. Pacer Advisors Inc. increased its position in Williams-Sonoma by 118.7% during the 3rd quarter. Pacer Advisors Inc. now owns 2,110,320 shares of the specialty retailer’s stock worth $326,931,000 after purchasing an additional 1,145,410 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Williams-Sonoma by 104.8% during the 3rd 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 worth $171,239,000 after purchasing an additional 565,745 shares in the last quarter. 99.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. 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. TD Cowen boosted their target price on shares of Williams-Sonoma from $165.00 to $195.00 and gave the stock a “buy” rating in a 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 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 report on Monday, January 6th. Finally, 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. Two research 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $173.78.

Williams-Sonoma Stock Up 1.3 %

Williams-Sonoma stock opened at $167.22 on Monday. 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 $199.93 and its 200 day moving average is $171.36. The company has a market capitalization of $20.58 billion, a PE ratio of 19.78, a PEG ratio of 2.89 and a beta of 1.82.

Insider Activity at Williams-Sonoma

In other news, CFO Jeffrey Howie sold 1,408 shares of the stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $194.32, for a total value 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. This represents a 2.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Laura Alber sold 45,000 shares of the stock in a transaction dated 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 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 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.

Williams-Sonoma Company 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.