Weyerhaeuser (NYSE:WY) Stock Holdings Lowered by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. lowered its position in shares of Weyerhaeuser (NYSE:WY) by 10.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 8,429 shares of the real estate investment trust’s stock after selling 955 shares during the period. Atria Wealth Solutions Inc.’s holdings in Weyerhaeuser were worth $237,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Meeder Asset Management Inc. grew its position in shares of Weyerhaeuser by 172.4% during the third quarter. Meeder Asset Management Inc. now owns 1,136 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 719 shares during the last quarter. Asset Planning Inc bought a new position in shares of Weyerhaeuser during the fourth quarter worth about $36,000. Capital Performance Advisors LLP bought a new position in shares of Weyerhaeuser during the third quarter worth about $50,000. AdvisorNet Financial Inc grew its position in shares of Weyerhaeuser by 41.2% during the fourth quarter. AdvisorNet Financial Inc now owns 1,665 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 486 shares during the last quarter. Finally, Catalyst Capital Advisors LLC grew its position in shares of Weyerhaeuser by 165.6% during the third quarter. Catalyst Capital Advisors LLC now owns 1,971 shares of the real estate investment trust’s stock worth $67,000 after acquiring an additional 1,229 shares during the last quarter. Institutional investors own 82.99% of the company’s stock.

Weyerhaeuser Price Performance

Shares of NYSE WY opened at $30.06 on Friday. Weyerhaeuser has a twelve month low of $26.73 and a twelve month high of $36.27. The company has a current ratio of 1.79, a quick ratio of 1.17 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $21.81 billion, a price-to-earnings ratio of 54.65, a PEG ratio of 4.74 and a beta of 1.42. The firm has a 50-day moving average of $29.43 and a two-hundred day moving average of $30.78.

Weyerhaeuser (NYSE:WY) last issued its quarterly earnings results on Thursday, January 30th. The real estate investment trust reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.04. Weyerhaeuser had a net margin of 5.56% and a return on equity of 3.86%. As a group, analysts expect that Weyerhaeuser will post 0.78 earnings per share for the current fiscal year.

Weyerhaeuser Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be paid a dividend of $0.21 per share. The ex-dividend date is Friday, March 7th. This is a positive change from Weyerhaeuser’s previous quarterly dividend of $0.20. This represents a $0.84 dividend on an annualized basis and a yield of 2.79%. Weyerhaeuser’s dividend payout ratio is currently 152.73%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on WY shares. Royal Bank of Canada reiterated an “outperform” rating and issued a $36.00 target price on shares of Weyerhaeuser in a research report on Monday, February 3rd. StockNews.com upgraded shares of Weyerhaeuser from a “sell” rating to a “hold” rating in a research report on Thursday, February 6th. CIBC upgraded shares of Weyerhaeuser from a “neutral” rating to an “outperformer” rating and set a $35.00 target price for the company in a research report on Wednesday, January 15th. Citigroup decreased their target price on shares of Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating for the company in a research report on Wednesday, January 15th. Finally, Cibc World Mkts upgraded shares of Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 15th. Three analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.00.

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.