Glenview Trust co Sells 254 Shares of Williams-Sonoma, Inc. (NYSE:WSM)

Glenview Trust co reduced its stake in Williams-Sonoma, Inc. (NYSE:WSM) by 14.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,530 shares of the specialty retailer’s stock after selling 254 shares during the period. Glenview Trust co’s holdings in Williams-Sonoma were worth $283,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. EverSource Wealth Advisors LLC boosted its position in shares of Williams-Sonoma by 15.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 396 shares of the specialty retailer’s stock worth $73,000 after purchasing an additional 53 shares during the last quarter. Resonant Capital Advisors LLC lifted its holdings in Williams-Sonoma by 1.6% during the fourth quarter. Resonant Capital Advisors LLC now owns 3,474 shares of the specialty retailer’s stock worth $643,000 after acquiring an additional 56 shares in the last quarter. Westmount Partners LLC lifted its holdings in Williams-Sonoma by 1.0% during the fourth quarter. Westmount Partners LLC now owns 6,242 shares of the specialty retailer’s stock worth $1,156,000 after acquiring an additional 59 shares in the last quarter. Bailard Inc. lifted its holdings in Williams-Sonoma by 1.6% during the fourth quarter. Bailard Inc. now owns 4,091 shares of the specialty retailer’s stock worth $758,000 after acquiring an additional 66 shares in the last quarter. Finally, Avantax Advisory Services Inc. lifted its holdings in Williams-Sonoma by 2.8% during the fourth quarter. Avantax Advisory Services Inc. now owns 2,575 shares of the specialty retailer’s stock worth $477,000 after acquiring an additional 70 shares in the last quarter. 99.29% of the stock is currently owned by institutional investors.

Williams-Sonoma Trading Up 4.5 %

Williams-Sonoma stock opened at $174.99 on Tuesday. Williams-Sonoma, Inc. has a 12 month low of $125.33 and a 12 month high of $219.98. The stock’s 50 day moving average is $199.43 and its 200-day moving average is $171.65. The company has a market capitalization of $21.54 billion, a price-to-earnings ratio of 20.70, 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 company’s 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 completion of the sale, the chief financial officer now directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Laura Alber sold 45,000 shares of the company’s stock in a transaction 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 transaction, 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 ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

WSM has been the topic of several recent analyst reports. Royal Bank of Canada lifted their target price on Williams-Sonoma from $162.00 to $189.00 and gave the stock an “outperform” rating in a report on Thursday, November 21st. Telsey Advisory Group reiterated an “outperform” rating and set a $230.00 target price on shares of Williams-Sonoma in a report on Monday. The Goldman Sachs Group lifted their target price on Williams-Sonoma from $170.00 to $224.00 and gave the stock a “neutral” rating in a report on Thursday, January 30th. Barclays lifted their target price on Williams-Sonoma from $123.00 to $131.00 and gave the stock an “underweight” rating in a report on Thursday, March 13th. Finally, Loop Capital lifted their target price on Williams-Sonoma from $145.00 to $180.00 and gave the stock a “hold” rating in a report on Thursday, November 21st. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Williams-Sonoma currently has an average rating of “Hold” and a consensus price target of $176.28.

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.