Signaturefd LLC Has $188,000 Holdings in Weyerhaeuser (NYSE:WY)

Signaturefd LLC raised its position in shares of Weyerhaeuser (NYSE:WY) by 11.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 5,394 shares of the real estate investment trust’s stock after purchasing an additional 570 shares during the quarter. Signaturefd LLC’s holdings in Weyerhaeuser were worth $188,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. SVB Wealth LLC grew its position in shares of Weyerhaeuser by 3.2% during the 4th quarter. SVB Wealth LLC now owns 11,349 shares of the real estate investment trust’s stock worth $395,000 after buying an additional 351 shares during the period. Home Federal Bank of Tennessee grew its position in shares of Weyerhaeuser by 1.0% during the 3rd quarter. Home Federal Bank of Tennessee now owns 36,732 shares of the real estate investment trust’s stock worth $1,126,000 after buying an additional 355 shares during the period. Xponance Inc. grew its position in shares of Weyerhaeuser by 0.4% during the 3rd quarter. Xponance Inc. now owns 91,101 shares of the real estate investment trust’s stock worth $2,793,000 after buying an additional 380 shares during the period. Montgomery Investment Management Inc. grew its position in shares of Weyerhaeuser by 1.2% during the 3rd quarter. Montgomery Investment Management Inc. now owns 30,905 shares of the real estate investment trust’s stock worth $948,000 after buying an additional 380 shares during the period. Finally, Lindbrook Capital LLC grew its position in shares of Weyerhaeuser by 92.6% during the 4th quarter. Lindbrook Capital LLC now owns 888 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 427 shares during the period. Institutional investors and hedge funds own 82.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. BMO Capital Markets raised their price objective on shares of Weyerhaeuser from $36.00 to $38.00 and gave the stock a “market perform” rating in a research report on Friday, March 22nd. Truist Financial reiterated a “hold” rating and issued a $36.00 target price on shares of Weyerhaeuser in a report on Wednesday, April 3rd. StockNews.com cut Weyerhaeuser from a “buy” rating to a “hold” rating in a report on Monday, January 29th. Royal Bank of Canada reiterated an “outperform” rating and issued a $39.00 target price on shares of Weyerhaeuser in a report on Monday, January 29th. Finally, CIBC set a $37.00 target price on Weyerhaeuser and gave the stock a “neutral” rating in a report on Wednesday, March 13th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, Weyerhaeuser has a consensus rating of “Hold” and a consensus price target of $38.00.

Insider Buying and Selling at Weyerhaeuser

In other Weyerhaeuser news, CFO David M. Wold sold 924 shares of the firm’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $32.84, for a total transaction 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, CFO David M. Wold sold 924 shares of Weyerhaeuser stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $32.84, for a total transaction of $30,344.16. Following the sale, the chief financial officer now directly owns 60,655 shares in the company, valued at approximately $1,991,910.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Nicole Weyerhaeuser Piasecki sold 33,426 shares of Weyerhaeuser stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $33.64, for a total value of $1,124,450.64. Following the sale, the director now owns 5,807 shares in the company, valued at $195,347.48. The disclosure for this sale can be found here. In the last three months, insiders have sold 42,699 shares of company stock worth $1,455,609. Corporate insiders own 0.27% of the company’s stock.

Weyerhaeuser Price Performance

Shares of NYSE:WY opened at $31.05 on Friday. The company has a current ratio of 2.94, a quick ratio of 2.22 and a debt-to-equity ratio of 0.50. The stock’s fifty day simple moving average is $33.94 and its two-hundred day simple moving average is $32.73. Weyerhaeuser has a 1-year low of $28.12 and a 1-year high of $36.27. The stock has a market cap of $22.65 billion, a PE ratio of 28.23 and a beta of 1.43.

Weyerhaeuser (NYSE:WY) last issued its quarterly earnings data on Thursday, April 25th. The real estate investment trust reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.01. Weyerhaeuser had a return on equity of 6.98% and a net margin of 10.57%. The business had revenue of $1.80 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same period last year, the business earned $0.21 EPS. The business’s revenue was down 4.5% on a year-over-year basis. As a group, analysts forecast that Weyerhaeuser will post 0.99 EPS for the current fiscal year.

Weyerhaeuser Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Friday, March 8th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Thursday, March 7th. This is a boost from Weyerhaeuser’s previous quarterly dividend of $0.19. This represents a $0.80 annualized dividend and a yield of 2.58%. Weyerhaeuser’s dividend payout ratio (DPR) is 72.73%.

About Weyerhaeuser

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.