Counterpoint Mutual Funds LLC Invests $282,000 in Williams-Sonoma, Inc. (NYSE:WSM)

Counterpoint Mutual Funds LLC bought a new position in Williams-Sonoma, Inc. (NYSE:WSM) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 1,522 shares of the specialty retailer’s stock, valued at approximately $282,000.

Several other institutional investors have also recently made changes to their positions in WSM. Atria Investments Inc grew its stake in shares of Williams-Sonoma by 239.1% in the 3rd quarter. Atria Investments Inc now owns 2,560 shares of the specialty retailer’s stock worth $397,000 after acquiring an additional 1,805 shares in the last quarter. Oppenheimer & Co. Inc. grew its stake in shares of Williams-Sonoma by 186.0% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 7,536 shares of the specialty retailer’s stock worth $1,167,000 after acquiring an additional 4,901 shares in the last quarter. OneDigital Investment Advisors LLC grew its stake in shares of Williams-Sonoma by 97.1% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 6,167 shares of the specialty retailer’s stock worth $955,000 after acquiring an additional 3,038 shares in the last quarter. CIBC Asset Management Inc grew its stake in shares of Williams-Sonoma by 106.7% in the 3rd quarter. CIBC Asset Management Inc now owns 3,694 shares of the specialty retailer’s stock worth $572,000 after acquiring an additional 1,907 shares in the last quarter. Finally, Royce & Associates LP grew its position in Williams-Sonoma by 75.7% during the third quarter. Royce & Associates LP now owns 27,982 shares of the specialty retailer’s stock valued at $4,335,000 after buying an additional 12,060 shares during the period. Institutional investors own 99.29% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on WSM shares. Wedbush restated 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. Telsey Advisory Group restated an “outperform” rating and set a $230.00 price target on shares of Williams-Sonoma in a research report on Monday. Royal Bank of Canada increased their price target 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. Gordon Haskett upgraded shares of Williams-Sonoma to a “hold” rating in a research report on Thursday, February 13th. Finally, TD Cowen increased their price target on shares of Williams-Sonoma from $165.00 to $195.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Williams-Sonoma has an average rating of “Hold” and a consensus price target of $176.28.

Williams-Sonoma Trading Down 1.8 %

Shares of Williams-Sonoma stock opened at $171.90 on Wednesday. Williams-Sonoma, Inc. has a 12-month low of $125.33 and a 12-month high of $219.98. The company has a market cap of $21.16 billion, a price-to-earnings ratio of 20.33, a PEG ratio of 2.89 and a beta of 1.82. The company’s 50-day moving average price is $198.96 and its 200-day moving average price is $171.92.

Insider Transactions at Williams-Sonoma

In related news, CEO Laura Alber sold 45,000 shares of the firm’s 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 sale, 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 sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Jeffrey Howie sold 1,408 shares of the firm’s stock in a transaction that occurred on Thursday, February 27th. The shares were 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 disclosure for this sale can be found here. Insiders own 1.50% of the company’s stock.

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.