Quantbot Technologies LP raised its position in shares of Williams-Sonoma, Inc. (NYSE:WSM – Free Report) by 471.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,331 shares of the specialty retailer’s stock after purchasing an additional 33,269 shares during the period. Quantbot Technologies LP’s holdings in Williams-Sonoma were worth $6,248,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. EntryPoint Capital LLC grew its stake in shares of Williams-Sonoma by 520.0% in the first quarter. EntryPoint Capital LLC now owns 93 shares of the specialty retailer’s stock worth $30,000 after purchasing an additional 78 shares in the last quarter. Quest Partners LLC bought a new position in shares of Williams-Sonoma in the second quarter valued at approximately $26,000. Crewe Advisors LLC acquired a new position in shares of Williams-Sonoma during the second quarter valued at approximately $29,000. Hobbs Group Advisors LLC acquired a new stake in Williams-Sonoma in the second quarter worth approximately $33,000. Finally, Smithfield Trust Co boosted its stake in Williams-Sonoma by 100.0% during the 3rd quarter. Smithfield Trust Co now owns 160 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 80 shares in the last quarter. Institutional investors own 99.29% of the company’s stock.
Williams-Sonoma Stock Performance
Williams-Sonoma stock opened at $177.85 on Tuesday. Williams-Sonoma, Inc. has a twelve month low of $90.87 and a twelve month high of $181.42. The firm has a market cap of $22.47 billion, a PE ratio of 21.03, a P/E/G ratio of 2.67 and a beta of 1.76. The firm’s 50 day moving average price is $144.29 and its two-hundred day moving average price is $144.90.
Williams-Sonoma Announces Dividend
Analyst Upgrades and Downgrades
A number of analysts have recently commented on the company. Citigroup dropped their price objective on Williams-Sonoma from $140.00 to $134.00 and set a “neutral” rating on the stock in a research note on Friday, November 8th. Barclays boosted their price target on shares of Williams-Sonoma from $116.00 to $123.00 and gave the stock an “underweight” rating in a research report on Thursday, November 21st. Royal Bank of Canada raised their price objective 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. Robert W. Baird dropped their target price on shares of Williams-Sonoma from $150.00 to $140.00 and set a “neutral” rating on the stock in a report on Friday, August 23rd. Finally, Evercore ISI lifted their target price on Williams-Sonoma from $140.00 to $180.00 and gave the stock an “in-line” rating in a report on Thursday, November 21st. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $154.41.
Get Our Latest Report on Williams-Sonoma
Insider Buying and Selling
In related news, EVP Karalyn Smith sold 11,100 shares of the stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $134.66, for a total value of $1,494,726.00. Following the transaction, the executive vice president now owns 15,150 shares in the company, valued at approximately $2,040,099. This represents a 42.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Laura Alber sold 40,000 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $130.49, for a total transaction of $5,219,600.00. Following the transaction, the chief executive officer now directly owns 990,956 shares in the company, valued at approximately $129,309,848.44. The trade was a 3.88 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 91,100 shares of company stock worth $12,525,126. Corporate insiders own 1.50% of the company’s stock.
Williams-Sonoma 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.
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