Williams-Sonoma, Inc. (NYSE:WSM) Shares Sold by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ lessened its stake in Williams-Sonoma, Inc. (NYSE:WSM) by 28.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 538,326 shares of the specialty retailer’s stock after selling 215,471 shares during the quarter. Skandinaviska Enskilda Banken AB publ owned about 0.44% of Williams-Sonoma worth $100,403,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Smithfield Trust Co lifted its position in Williams-Sonoma by 100.0% during the third quarter. Smithfield Trust Co now owns 160 shares of the specialty retailer’s stock valued at $25,000 after buying an additional 80 shares in the last quarter. Cassady Schiller Wealth Management LLC raised its stake in shares of Williams-Sonoma by 100.0% in the 3rd quarter. Cassady Schiller Wealth Management LLC now owns 166 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 83 shares during the period. Brooklyn Investment Group acquired a new position in shares of Williams-Sonoma during the 3rd quarter valued at $28,000. Hobbs Group Advisors LLC boosted its position in Williams-Sonoma by 100.0% during the 3rd quarter. Hobbs Group Advisors LLC now owns 236 shares of the specialty retailer’s stock worth $37,000 after purchasing an additional 118 shares during the period. Finally, Heck Capital Advisors LLC acquired a new stake in Williams-Sonoma in the 4th quarter valued at $37,000. Institutional investors and hedge funds own 99.29% of the company’s stock.

Williams-Sonoma Stock Up 0.1 %

Shares of NYSE WSM opened at $175.05 on Thursday. The stock has a market capitalization of $21.55 billion, a P/E ratio of 20.70, a PEG ratio of 2.89 and a beta of 1.82. The stock’s 50 day moving average price is $200.89 and its two-hundred day moving average price is $170.66. Williams-Sonoma, Inc. has a 52-week low of $125.33 and a 52-week high of $219.98.

Analyst Upgrades and Downgrades

WSM has been the topic of a number of recent research reports. Royal Bank of Canada boosted their price objective on Williams-Sonoma from $162.00 to $189.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. Loop Capital boosted their price target on Williams-Sonoma from $145.00 to $180.00 and gave the stock a “hold” rating in a research report on Thursday, November 21st. Evercore ISI upped their price target on Williams-Sonoma from $140.00 to $180.00 and gave the stock an “in-line” rating in a report on Thursday, November 21st. Gordon Haskett upgraded shares of Williams-Sonoma to a “hold” rating in a research note on Thursday, February 13th. Finally, TD Cowen upped their target price 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. Two equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Williams-Sonoma presently has a consensus rating of “Hold” and a consensus target price of $173.28.

Insider Buying and Selling

In other news, CFO Jeffrey Howie sold 1,408 shares of the stock in a transaction that occurred 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 sale, the chief financial officer now directly owns 46,388 shares in the company, valued at approximately $9,014,116.16. This represents a 2.95 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 value 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 approximately $196,263,808.16. This trade represents a 4.55 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by company insiders.

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.