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

Glenview Trust co lowered its position in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 14.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,530 shares of the specialty retailer’s stock after selling 254 shares during the quarter. Glenview Trust co’s holdings in Williams-Sonoma were worth $283,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. FMR LLC increased its stake in shares of 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 during the last quarter. State Street Corp boosted its holdings in Williams-Sonoma by 108.8% in the 3rd quarter. State Street Corp now owns 5,329,125 shares of the specialty retailer’s stock valued at $825,588,000 after purchasing an additional 2,777,339 shares during the period. Geode Capital Management LLC lifted its holdings in shares of 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 acquiring an additional 1,393,436 shares during the last quarter. Pacer Advisors Inc. lifted its holdings in shares of 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 acquiring an additional 1,145,410 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of 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 acquiring an additional 565,745 shares during the last quarter. Institutional investors own 99.29% of the company’s stock.

Insider Buying and Selling

In other news, CFO Jeffrey Howie sold 1,408 shares of the business’s 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 approximately $9,014,116.16. The trade was a 2.95 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Laura Alber sold 45,000 shares of the business’s 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.

Analyst Ratings Changes

A number of research firms have recently issued reports on WSM. Jefferies Financial Group lifted their price objective on shares of Williams-Sonoma from $194.00 to $226.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Loop Capital boosted their price objective on shares of Williams-Sonoma from $145.00 to $180.00 and gave the company a “hold” rating in a research report on Thursday, November 21st. Wedbush reiterated a “neutral” rating and set a $190.00 price target (up previously from $175.00) on shares of Williams-Sonoma in a research report on Friday, February 28th. Evercore ISI boosted their price target on shares of Williams-Sonoma from $140.00 to $180.00 and gave the company an “in-line” rating in a research report on Thursday, November 21st. Finally, Barclays upped their price objective on shares of Williams-Sonoma from $123.00 to $131.00 and gave the stock an “underweight” rating in a report on Thursday, March 13th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Williams-Sonoma presently has a consensus rating of “Hold” and a consensus price target of $176.28.

Williams-Sonoma Stock Up 4.5 %

Williams-Sonoma stock opened at $174.99 on Tuesday. The company’s 50-day moving average price is $199.43 and its 200-day moving average price is $171.65. Williams-Sonoma, Inc. has a twelve month low of $125.33 and a twelve month high of $219.98. The company has a market cap of $21.54 billion, a PE ratio of 20.70, a price-to-earnings-growth ratio of 2.89 and a beta of 1.82.

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.