Securian Asset Management Inc. Sells 450 Shares of Williams-Sonoma, Inc. (NYSE:WSM)

Securian Asset Management Inc. trimmed its position in Williams-Sonoma, Inc. (NYSE:WSM) by 4.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,551 shares of the specialty retailer’s stock after selling 450 shares during the period. Securian Asset Management Inc.’s holdings in Williams-Sonoma were worth $1,769,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Janney Montgomery Scott LLC boosted its holdings in Williams-Sonoma by 32.9% during the third quarter. Janney Montgomery Scott LLC now owns 6,112 shares of the specialty retailer’s stock worth $947,000 after purchasing an additional 1,513 shares during the last quarter. Atria Investments Inc grew its position in shares of Williams-Sonoma by 239.1% in the third quarter. Atria Investments Inc now owns 2,560 shares of the specialty retailer’s stock valued at $397,000 after purchasing an additional 1,805 shares during the last quarter. Sigma Planning Corp increased its position in Williams-Sonoma by 69.8% during the 3rd quarter. Sigma Planning Corp now owns 1,936 shares of the specialty retailer’s stock worth $300,000 after buying an additional 796 shares during the period. Entropy Technologies LP acquired a new stake in shares of Williams-Sonoma in the third quarter valued at approximately $883,000. Finally, GSA Capital Partners LLP acquired a new stake in Williams-Sonoma during the third quarter worth about $826,000. Institutional investors own 99.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on WSM shares. JPMorgan Chase & Co. increased their price objective on shares of Williams-Sonoma from $136.00 to $145.00 and gave the company a “neutral” rating in a research note on Tuesday, November 19th. Barclays upped their price target on Williams-Sonoma from $123.00 to $131.00 and gave the stock an “underweight” rating in a research note on Thursday. The Goldman Sachs Group boosted their price objective on Williams-Sonoma from $170.00 to $224.00 and gave the company a “neutral” rating in a report on Thursday, January 30th. Wells Fargo & Company increased their target price on Williams-Sonoma from $165.00 to $185.00 and gave the stock an “equal weight” rating in a report on Monday, January 6th. Finally, Loop Capital lifted their price target 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. Two research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $173.78.

Insider Buying and Selling

In related news, CEO Laura Alber sold 45,000 shares of the company’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 transaction of $9,349,200.00. Following the sale, the chief executive officer now directly owns 944,666 shares in the company, valued at approximately $196,263,808.16. This represents a 4.55 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Jeffrey Howie sold 1,408 shares of the firm’s 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 completion of the transaction, the chief financial officer now directly owns 46,388 shares of the company’s stock, valued at approximately $9,014,116.16. This trade represents a 2.95 % 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 insiders.

Williams-Sonoma Price Performance

NYSE:WSM opened at $164.87 on Friday. Williams-Sonoma, Inc. has a 1 year low of $125.33 and a 1 year high of $219.98. The business has a fifty day simple moving average of $200.44 and a two-hundred day simple moving average of $170.62. The company has a market capitalization of $20.30 billion, a P/E ratio of 19.50, a P/E/G ratio of 2.89 and a beta of 1.82.

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.