Citizens Financial Group Inc. RI Invests $205,000 in Williams-Sonoma, Inc. (NYSE:WSM)

Citizens Financial Group Inc. RI bought a new stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,106 shares of the specialty retailer’s stock, valued at approximately $205,000.

A number of other large investors also recently added to or reduced their stakes in WSM. Janney Montgomery Scott LLC boosted its position in shares of 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 acquiring an additional 1,513 shares during the last quarter. Atria Investments Inc grew its position in shares of Williams-Sonoma by 239.1% during 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 in the last quarter. Sigma Planning Corp increased its holdings in shares of Williams-Sonoma by 69.8% in the third quarter. Sigma Planning Corp now owns 1,936 shares of the specialty retailer’s stock worth $300,000 after purchasing an additional 796 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in shares of Williams-Sonoma in the third quarter worth about $826,000. Finally, Sumitomo Mitsui Trust Group Inc. boosted its stake in Williams-Sonoma by 110.5% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 244,846 shares of the specialty retailer’s stock valued at $37,932,000 after buying an additional 128,523 shares during the last quarter. 99.29% of the stock is owned by hedge funds and other institutional investors.

Williams-Sonoma Stock Up 1.3 %

WSM stock opened at $167.22 on Friday. Williams-Sonoma, Inc. has a twelve month low of $125.33 and a twelve month high of $219.98. The firm has a market cap of $20.58 billion, a price-to-earnings ratio of 19.78, a PEG ratio of 2.89 and a beta of 1.82. The business’s fifty day simple moving average is $199.93 and its two-hundred day simple moving average is $170.85.

Analyst Ratings Changes

A number of research firms have issued reports on WSM. Royal Bank of Canada lifted 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. Evercore ISI upped 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 note on Thursday, November 21st. Loop Capital lifted their price objective on shares of Williams-Sonoma from $145.00 to $180.00 and gave the stock a “hold” rating in a research note on Thursday, November 21st. The Goldman Sachs Group upped their target price on shares of Williams-Sonoma from $170.00 to $224.00 and gave the company a “neutral” rating in a research report on Thursday, January 30th. Finally, Telsey Advisory Group lifted their price target on Williams-Sonoma from $165.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $173.78.

Insider Buying and Selling

In other news, 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 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Laura Alber sold 45,000 shares of the business’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 completion of the sale, the chief executive officer now owns 944,666 shares of the company’s stock, valued at $196,263,808.16. The trade was 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 insiders.

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.