Williams-Sonoma, Inc. (WSM) Shares Bought by PNC Financial Services Group Inc

Angelo Anderson
October 13, 2017

Investors sentiment increased to 1.45 in 2017 Q2. Meanwhile, due to an ongoing pressure which caused a decline of nearly -4.64% in the past five days, the stock price is now up 1.03% so far on the year - still in weak territory.

Williams-Sonoma, Inc. (NYSE:WSM) - Analysts at Jefferies Group reduced their FY2018 earnings per share (EPS) estimates for Williams-Sonoma in a research report issued to clients and investors on Wednesday. 62 funds opened positions while 131 raised stakes.

In recent trading day Williams-Sonoma, Inc. Williams-Sonoma's quarterly revenue was up 3.7% compared to the same quarter past year. Wells Fargo And Mn accumulated 674,684 shares. Stonebridge Capital Mgmt accumulated 98,385 shares. Florida-based Raymond James Associates has invested 0% in Williams-Sonoma, Inc. BlackRock Inc. lifted its holdings in shares of Williams-Sonoma by 11,148.3% during the 1st quarter. (NYSE:WSM). Savings Bank Of America Corporation De holds 0% or 327,335 shares in its portfolio. The stock closing price is now trading upward to its 50 day moving average with change of 3.09%, tumbled to its 20 day moving average with figure of -1.65% and above its 200 day moving average with value 0.11%. Moreover, Goelzer Investment has 0.7% invested in Williams-Sonoma, Inc. After a recent check, it is observed that the insiders for the firm now own 0.70% shares. The Peloton Wealth Strategists holds 13,954 shares with $677,000 value, up from 748 last quarter. Commerzbank downgraded the shares of DRI in report on Friday, March 25 to "Reduce" rating. Federated Incorporated Pa holds 0.01% or 40,529 shares in its portfolio. Nationwide Fund Advisors stated it has 340,150 shares or 0.07% of all its holdings. Bryn Mawr Tru has invested 0.31% of its portfolio in Williams-Sonoma, Inc. Smith Graham & Co Investment Advisors Lp acquired 14,210 shares as Williams (WSM)'s stock rose 2.93%.

Several other equities analysts have also issued reports on the company. Williams-Sonoma presently has an average rating of "Hold" and an average price target of $52.10.

Among 32 analysts covering Williams-Sonoma (NYSE:WSM), 8 have Buy rating, 4 Sell and 20 Hold. The stock stands almost -5.01% off versus the 52-week high and 60.03% away from the 52-week low. The company has a 50 day moving average price of $48.37 and a 200-day moving average price of $48.98. Williams-Sonoma had 84 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Williams-Sonoma, Inc. Morgan Stanley maintained the stock with "Equal-Weight" rating in Thursday, August 24 report. "(WSM) Raised to Buy at Zacks Investment Research" was first reported by StockNewsTimes and is the property of of StockNewsTimes. The consensus rating is 2.8, suggesting the market has given up on the stock. The firm earned "Hold" rating on Wednesday, January 4 by Loop Capital. The count of Hold ratings in that period was 19. The firm has "Market Perform" rating given on Monday, February 13 by Telsey Advisory Group. The rating was initiated by Gordon Haskett with "Accumulate" on Tuesday, May 9. (NYSE:WSM) for 26,400 shares. Comparatively, the peers have a net margin 18.64%, and the sector's average is 79.73%. (NYSE:WSM) news were published by: Nasdaq.com which released: "4 Reasons Why You Should Buy Williams-Sonoma (WSM) Stock Now" on October 10, 2017, also Businesswire.com with their article: "WEST ELM & WILLIAMS-SONOMA, INC., FIRST INTERNATIONAL HOME RETAILER TO PARTNER ..." published on October 04, 2017, Thestreet.com published: "Williams-Sonoma Cooks Up Quant Upgrade and Positive Charts" on October 10, 2017. It has underperformed by 16.01% the S&P500. The specialty retailer reported $0.61 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.59 by $0.02. Verition Fund Lc reported 0.04% in Williams-Sonoma, Inc.

Williams-Sonoma, Inc.is a multi-channel specialty retailer of products for the home. Logan Capital Management Inc who had been investing in Williams Sonoma Inc Com for a number of months, seems to be bullish on the $4.38 billion market cap company. The Firm operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom. It has a 16.97 P/E ratio. The Firm operates, along with its subsidiaries, in two business divisions: Telecommunications and Software Services. The price to earnings ratio for Williams-Sonoma, Inc. Among holders that decreased their positions, 51 sold out of the stock Williams-Sonoma, Inc. More interesting news about Williams-Sonoma, Inc.

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