Natixis Advisors L.P. Increases Stock Holdings in Weyerhaeuser (NYSE:WY)

Natixis Advisors L.P. lifted its position in Weyerhaeuser (NYSE:WY) by 0.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 206,599 shares of the real estate investment trust’s stock after purchasing an additional 645 shares during the period. Natixis Advisors L.P.’s holdings in Weyerhaeuser were worth $7,183,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of WY. Millburn Ridgefield Corp purchased a new stake in shares of Weyerhaeuser in the third quarter worth about $25,000. Raleigh Capital Management Inc. raised its stake in Weyerhaeuser by 606.7% in the third quarter. Raleigh Capital Management Inc. now owns 848 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 728 shares in the last quarter. Turtle Creek Wealth Advisors LLC purchased a new stake in Weyerhaeuser in the fourth quarter valued at approximately $26,000. Lindbrook Capital LLC raised its stake in Weyerhaeuser by 92.6% in the fourth quarter. Lindbrook Capital LLC now owns 888 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 427 shares in the last quarter. Finally, Rational Advisors LLC purchased a new stake in Weyerhaeuser in the third quarter valued at approximately $40,000. 82.99% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Truist Financial reaffirmed a “hold” rating and issued a $36.00 target price on shares of Weyerhaeuser in a research note on Wednesday, April 3rd. BMO Capital Markets raised their target price on shares of Weyerhaeuser from $36.00 to $38.00 and gave the company a “market perform” rating in a research note on Friday, March 22nd. Royal Bank of Canada reduced their price target on shares of Weyerhaeuser from $38.00 to $37.00 and set an “outperform” rating on the stock in a research report on Monday, April 29th. StockNews.com cut shares of Weyerhaeuser from a “buy” rating to a “hold” rating in a research report on Monday, January 29th. Finally, CIBC set a $37.00 price target on shares of Weyerhaeuser and gave the company a “neutral” rating in a research report on Wednesday, March 13th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, Weyerhaeuser has an average rating of “Hold” and an average price target of $37.67.

Insider Transactions at Weyerhaeuser

In other news, Director Nicole Weyerhaeuser Piasecki sold 33,426 shares of the firm’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $33.64, for a total value of $1,124,450.64. Following the transaction, the director now owns 5,807 shares in the company, valued at $195,347.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, SVP Keith O’rear sold 8,349 shares of Weyerhaeuser stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $36.03, for a total value of $300,814.47. Following the sale, the senior vice president now owns 170,665 shares in the company, valued at $6,149,059.95. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Nicole Weyerhaeuser Piasecki sold 33,426 shares of Weyerhaeuser stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $33.64, for a total transaction of $1,124,450.64. Following the completion of the sale, the director now owns 5,807 shares in the company, valued at approximately $195,347.48. The disclosure for this sale can be found here. Company insiders own 0.30% of the company’s stock.

Weyerhaeuser Stock Up 1.3 %

Shares of Weyerhaeuser stock opened at $31.14 on Friday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.57 and a current ratio of 2.24. Weyerhaeuser has a 52-week low of $28.12 and a 52-week high of $36.27. The stock has a market capitalization of $22.70 billion, a price-to-earnings ratio of 28.30 and a beta of 1.47. The company’s 50 day moving average price is $33.48 and its 200-day moving average price is $32.77.

Weyerhaeuser (NYSE:WY) last issued its earnings results on Thursday, April 25th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.01. Weyerhaeuser had a net margin of 10.57% and a return on equity of 7.00%. The firm had revenue of $1.80 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same quarter last year, the business earned $0.21 earnings per share. The business’s revenue was down 4.5% on a year-over-year basis. Equities research analysts forecast that Weyerhaeuser will post 1 EPS for the current year.

Weyerhaeuser Profile

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.