one8zero8 LLC Acquires Shares of 2,000 Williams-Sonoma, Inc. (NYSE:WSM)

one8zero8 LLC bought a new position in shares of Williams-Sonoma, Inc. (NYSE:WSM) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,000 shares of the specialty retailer’s stock, valued at approximately $370,000.

Several other large investors have also made changes to their positions in WSM. Smithfield Trust Co raised its holdings in Williams-Sonoma by 100.0% during the 3rd 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 stake in shares of 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 buying an additional 83 shares during the last quarter. Brooklyn Investment Group acquired a new position in Williams-Sonoma in the third quarter valued at approximately $28,000. Hobbs Group Advisors LLC boosted its stake in Williams-Sonoma by 100.0% in the third quarter. Hobbs Group Advisors LLC now owns 236 shares of the specialty retailer’s stock valued at $37,000 after acquiring an additional 118 shares during the last quarter. Finally, Heck Capital Advisors LLC bought a new position in Williams-Sonoma in the fourth quarter valued at approximately $37,000. Institutional investors and hedge funds own 99.29% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the stock. Telsey Advisory Group upped their target price on shares of Williams-Sonoma from $165.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. Wells Fargo & Company increased their target price on Williams-Sonoma from $165.00 to $185.00 and gave the company an “equal weight” rating in a research note on Monday, January 6th. Jefferies Financial Group raised their target price on Williams-Sonoma from $194.00 to $226.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Barclays upped their price target on Williams-Sonoma from $123.00 to $131.00 and gave the company an “underweight” rating in a research note on Thursday. Finally, The Goldman Sachs Group lifted their price objective on shares of Williams-Sonoma from $170.00 to $224.00 and gave the stock a “neutral” rating in a research note on Thursday, January 30th. Two investment 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. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $173.78.

Williams-Sonoma Price Performance

Shares of Williams-Sonoma stock opened at $167.22 on Monday. The firm has a market cap of $20.58 billion, a price-to-earnings ratio of 19.78, a price-to-earnings-growth ratio of 2.89 and a beta of 1.82. The stock’s 50-day moving average is $199.93 and its 200-day moving average is $171.36. Williams-Sonoma, Inc. has a one year low of $125.33 and a one year high of $219.98.

Insider Activity at Williams-Sonoma

In related news, CFO Jeffrey Howie sold 1,408 shares of Williams-Sonoma stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $194.32, for a total value of $273,602.56. Following the sale, the chief financial officer now owns 46,388 shares of the company’s stock, valued at approximately $9,014,116.16. The trade was a 2.95 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Laura Alber sold 45,000 shares of the stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $207.76, for a total value of $9,349,200.00. Following the transaction, the chief executive officer now directly 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 owned by insiders.

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.