Williams-Sonoma, Inc. (NYSE:WSM) Shares Bought by Corient Private Wealth LLC

Corient Private Wealth LLC raised its position in Williams-Sonoma, Inc. (NYSE:WSM) by 6.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 114,047 shares of the specialty retailer’s stock after acquiring an additional 6,757 shares during the period. Corient Private Wealth LLC owned approximately 0.09% of Williams-Sonoma worth $20,728,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in WSM. FMR LLC lifted its stake in shares of Williams-Sonoma by 72.7% in the 3rd quarter. FMR LLC now owns 8,781,201 shares of the specialty retailer’s stock worth $1,360,384,000 after acquiring an additional 3,695,837 shares during the period. State Street Corp lifted its stake in shares of Williams-Sonoma by 108.8% in the 3rd quarter. State Street Corp now owns 5,329,125 shares of the specialty retailer’s stock worth $825,588,000 after acquiring an additional 2,777,339 shares during the period. Geode Capital Management LLC lifted its stake in shares of Williams-Sonoma by 107.5% in the 3rd quarter. Geode Capital Management LLC now owns 2,689,451 shares of the specialty retailer’s stock worth $418,223,000 after acquiring an additional 1,393,436 shares during the period. Pacer Advisors Inc. lifted its stake in shares of Williams-Sonoma by 118.7% in the 3rd quarter. Pacer Advisors Inc. now owns 2,110,320 shares of the specialty retailer’s stock worth $326,931,000 after acquiring an additional 1,145,410 shares during the period. Finally, Jacobs Levy Equity Management Inc. lifted its stake in shares of Williams-Sonoma by 324.4% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,036,256 shares of the specialty retailer’s stock worth $160,537,000 after acquiring an additional 792,068 shares during the period. Institutional investors and hedge funds own 99.29% of the company’s stock.

Williams-Sonoma Price Performance

Shares of NYSE WSM opened at $171.90 on Wednesday. The company has a market cap of $21.16 billion, a PE ratio of 20.33, a price-to-earnings-growth ratio of 2.89 and a beta of 1.82. Williams-Sonoma, Inc. has a 12 month low of $125.33 and a 12 month high of $219.98. The company has a 50-day simple moving average of $198.96 and a 200-day simple moving average of $171.92.

Insider Transactions at Williams-Sonoma

In other news, CFO Jeffrey Howie sold 1,408 shares of Williams-Sonoma stock in a transaction dated 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 directly owns 46,388 shares in the company, valued at $9,014,116.16. The trade was a 2.95 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Laura Alber sold 45,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 21st. The stock was 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 directly owns 944,666 shares in the company, valued at $196,263,808.16. This represents a 4.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.50% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on WSM. TD Cowen raised their price objective on shares of Williams-Sonoma from $165.00 to $195.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Jefferies Financial Group raised their price objective on shares of Williams-Sonoma from $194.00 to $226.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Evercore ISI raised their price objective on shares of Williams-Sonoma from $140.00 to $180.00 and gave the company an “in-line” rating in a research note on Thursday, November 21st. JPMorgan Chase & Co. raised their price objective on shares of Williams-Sonoma from $136.00 to $145.00 and gave the company a “neutral” rating in a research note on Tuesday, November 19th. Finally, Wedbush reiterated a “neutral” rating and issued a $190.00 price objective (up previously from $175.00) on shares of Williams-Sonoma in a research note on Friday, February 28th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $176.28.

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.