Mutual Advisors LLC Acquires 4,545 Shares of Weyerhaeuser (NYSE:WY)

Mutual Advisors LLC increased its holdings in Weyerhaeuser (NYSE:WYFree Report) by 12.8% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 40,126 shares of the real estate investment trust’s stock after buying an additional 4,545 shares during the quarter. Mutual Advisors LLC’s holdings in Weyerhaeuser were worth $1,395,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Cary Street Partners Investment Advisory LLC grew its stake in shares of Weyerhaeuser by 15.3% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 6,583 shares of the real estate investment trust’s stock valued at $202,000 after purchasing an additional 875 shares during the period. Public Sector Pension Investment Board grew its stake in shares of Weyerhaeuser by 5.7% during the 3rd quarter. Public Sector Pension Investment Board now owns 149,003 shares of the real estate investment trust’s stock valued at $4,568,000 after purchasing an additional 8,031 shares during the period. Teacher Retirement System of Texas grew its stake in shares of Weyerhaeuser by 18.3% during the 3rd quarter. Teacher Retirement System of Texas now owns 425,848 shares of the real estate investment trust’s stock valued at $13,057,000 after purchasing an additional 65,808 shares during the period. AEGON ASSET MANAGEMENT UK Plc bought a new stake in shares of Weyerhaeuser during the 4th quarter valued at about $36,237,000. Finally, Public Employees Retirement System of Ohio grew its stake in shares of Weyerhaeuser by 21.3% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 551,160 shares of the real estate investment trust’s stock valued at $16,899,000 after purchasing an additional 96,900 shares during the period. 82.99% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on WY shares. Raymond James cut Weyerhaeuser from a “strong-buy” rating to a “market perform” rating in a research report on Monday, November 27th. StockNews.com cut Weyerhaeuser from a “buy” rating to a “hold” rating in a research report on Monday, January 29th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $39.00 price objective on shares of Weyerhaeuser in a research report on Monday, January 29th. CIBC set a $37.00 price objective on Weyerhaeuser and gave the company a “neutral” rating in a research report on Wednesday, March 13th. Finally, BMO Capital Markets boosted their price target on Weyerhaeuser from $36.00 to $38.00 and gave the stock a “market perform” rating in a report on Friday. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $37.71.

Get Our Latest Analysis on Weyerhaeuser

Weyerhaeuser Stock Down 0.3 %

NYSE WY opened at $35.49 on Tuesday. The stock has a market cap of $25.89 billion, a PE ratio of 30.86 and a beta of 1.43. Weyerhaeuser has a 12 month low of $28.12 and a 12 month high of $35.97. The stock’s 50 day moving average is $33.66 and its 200 day moving average is $32.32. The company has a current ratio of 2.94, a quick ratio of 2.22 and a debt-to-equity ratio of 0.50.

Weyerhaeuser (NYSE:WYGet Free Report) last issued its quarterly earnings data on Friday, January 26th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.02. The business had revenue of $1.77 billion for the quarter, compared to analysts’ expectations of $1.82 billion. Weyerhaeuser had a return on equity of 7.36% and a net margin of 10.93%. The company’s revenue for the quarter was down 2.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.24 EPS. Research analysts predict that Weyerhaeuser will post 1.03 EPS for the current fiscal year.

Weyerhaeuser Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Friday, March 8th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.25%. This is a boost from Weyerhaeuser’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Thursday, March 7th. Weyerhaeuser’s dividend payout ratio is 69.57%.

Insider Transactions at Weyerhaeuser

In other news, CFO David M. Wold sold 923 shares of the company’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $34.57, for a total transaction of $31,908.11. Following the sale, the chief financial officer now directly owns 60,655 shares of the company’s stock, valued at approximately $2,096,843.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CFO David M. Wold sold 923 shares of the business’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $34.57, for a total transaction of $31,908.11. Following the transaction, the chief financial officer now owns 60,655 shares of the company’s stock, valued at approximately $2,096,843.35. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO David M. Wold sold 924 shares of the business’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $32.84, for a total value of $30,344.16. Following the transaction, the chief financial officer now directly owns 60,655 shares in the company, valued at approximately $1,991,910.20. The disclosure for this sale can be found here. Insiders have sold 42,773 shares of company stock valued at $1,449,278 in the last ninety days. Corporate insiders own 0.27% of the company’s stock.

Weyerhaeuser Profile

(Free Report)

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control approximately 11 million acres of timberlands in the U.S. and manage additional timberlands under long-term licenses in Canada. We manage these timberlands on a sustainable basis in compliance with internationally recognized forestry standards.

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Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

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