Is there a Bearish outlook for Williams-Sonoma, Inc. (NYSE:WSM) this week?

October 19, 2017 - By Max Morgan

 Is there a Bearish outlook for Williams Sonoma, Inc. (NYSE:WSM) this week?
Investors sentiment increased to 1.45 in 2017 Q2. Its up 0.39, from 1.06 in 2017Q1. It improved, as 45 investors sold Williams-Sonoma, Inc. shares while 88 reduced holdings. 62 funds opened positions while 131 raised stakes. 83.22 million shares or 1.61% more from 81.90 million shares in 2017Q1 were reported.
Benjamin F Edwards & owns 3,750 shares for 0.02% of their portfolio. Legal General Gru Public Ltd Liability Company has invested 0% of its portfolio in Williams-Sonoma, Inc. (NYSE:WSM). Orrstown Fincl Inc stated it has 14,824 shares. Great West Life Assurance Can has invested 0.01% in Williams-Sonoma, Inc. (NYSE:WSM). 8,617 are held by Jefferies Gru Llc. New York-based Grace And White Inc New York has invested 0.51% in Williams-Sonoma, Inc. (NYSE:WSM). Boston Private Wealth Ltd Liability accumulated 176,324 shares. Capstone Invest Advsrs Ltd Co invested 0.02% of its portfolio in Williams-Sonoma, Inc. (NYSE:WSM). Cipher Capital L P reported 14,975 shares or 0.06% of all its holdings. Edgemoor Investment Advsr owns 136,913 shares. Axa holds 25,400 shares. Reilly Advsr Lc holds 0% or 200 shares in its portfolio. Maverick Capital Ltd invested in 100,320 shares. Tudor Investment Corp Et Al stated it has 15,110 shares or 0.02% of all its holdings. Thrivent Financial For Lutherans holds 0% or 16,110 shares in its portfolio.

Williams-Sonoma, Inc. (NYSE:WSM) Ratings Coverage

Among 32 analysts covering Williams-Sonoma (NYSE:WSM), 8 have Buy rating, 4 Sell and 20 Hold. Therefore 25% are positive. Williams-Sonoma had 87 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Market Perform” rating on Monday, February 13 by Telsey Advisory Group. The stock of Williams-Sonoma, Inc. (NYSE:WSM) earned “Outperform” rating by Telsey Advisory Group on Friday, November 20. Argus Research maintained Williams-Sonoma, Inc. (NYSE:WSM) rating on Friday, March 18. Argus Research has “Buy” rating and $75 target. JP Morgan maintained the shares of WSM in report on Monday, March 14 with “Overweight” rating. The firm has “In-Line” rating by Piper Jaffray given on Thursday, August 27. The firm has “Hold” rating by Jefferies given on Thursday, August 24. The rating was maintained by KeyBanc Capital Markets with “Hold” on Wednesday, September 27. The stock has “Neutral” rating by Sterne Agee CRT on Sunday, August 30. The company was downgraded on Friday, March 11 by Bank of America. The firm has “Market Perform” rating given on Thursday, May 25 by Telsey Advisory Group. Below is a list of Williams-Sonoma, Inc. (NYSE:WSM) latest ratings and price target changes.

16/10/2017 Broker: SunTrust Rating: Buy New Target: $62.0 Maintain
12/10/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $54.0 Initiate
12/10/2017 Broker: Credit Suisse Old Rating: Neutral New Rating: Underperform Downgrade
02/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $50.0 Maintain
27/09/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
28/09/2017 Broker: Jefferies Rating: Hold New Target: $49.0 Maintain
15/09/2017 Broker: Robert W. Baird Rating: Hold New Target: $48.0 Maintain
14/09/2017 Broker: Telsey Advisory Group Rating: Market Perform Old Target: $49.00 New Target: $51.00 Maintain
24/08/2017 Broker: Credit Suisse Rating: Hold New Target: $44.0
24/08/2017 Broker: Goldman Sachs Rating: Buy Old Target: $58.00 New Target: $57.00 Maintain

The stock decreased 0.10% or $0.05 on October 18, reaching $50.8. About shares traded. Williams-Sonoma, Inc. (NYSE:WSM) has risen 0.69% since October 19, 2016 and is uptrending. It has underperformed by 16.01% the S&P500.

Williams-Sonoma, Inc. is a multi-channel specialty retailer of products for the home. The company has market cap of $4.32 billion. The Firm operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom. It has a 14.63 P/E ratio. It operates through two divisions: e-commerce and retail.

More recent Williams-Sonoma, Inc. (NYSE:WSM) news were published by: Businesswire.com which released: “Williams-Sonoma, Inc. Announces Appointment of Bob Lord to Board of Directors” on October 05, 2017. Also Nasdaq.com published the news titled: “4 Reasons Why You Should Buy Williams-Sonoma (WSM) Stock Now” on October 10, 2017. Businesswire.com‘s news article titled: “WEST ELM & WILLIAMS-SONOMA, INC., FIRST INTERNATIONAL HOME RETAILER TO PARTNER …” with publication date: October 04, 2017 was also an interesting one.

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