Weyerhaeuser Company $WY Shares Sold by Signaturefd LLC

Signaturefd LLC lowered its stake in Weyerhaeuser Company (NYSE:WY) by 21.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,201 shares of the real estate investment trust’s stock after selling 1,136 shares during the period. Signaturefd LLC’s holdings in Weyerhaeuser were worth $108,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. DAVENPORT & Co LLC boosted its position in Weyerhaeuser by 8.0% in the first quarter. DAVENPORT & Co LLC now owns 19,932 shares of the real estate investment trust’s stock valued at $584,000 after buying an additional 1,480 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Weyerhaeuser by 2.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 74,154 shares of the real estate investment trust’s stock valued at $2,171,000 after acquiring an additional 1,524 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of Weyerhaeuser by 232.0% in the first quarter. Farther Finance Advisors LLC now owns 9,476 shares of the real estate investment trust’s stock worth $276,000 after acquiring an additional 6,622 shares during the period. J.W. Cole Advisors Inc. raised its holdings in shares of Weyerhaeuser by 85.7% during the first quarter. J.W. Cole Advisors Inc. now owns 37,129 shares of the real estate investment trust’s stock worth $1,087,000 after purchasing an additional 17,132 shares during the last quarter. Finally, CX Institutional acquired a new position in Weyerhaeuser during the first quarter valued at $119,000. 82.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. DA Davidson reaffirmed a “buy” rating and set a $35.00 price target on shares of Weyerhaeuser in a research report on Monday, September 29th. Wall Street Zen lowered Weyerhaeuser from a “hold” rating to a “sell” rating in a report on Sunday, August 3rd. Truist Financial reduced their price target on Weyerhaeuser from $30.00 to $29.00 and set a “hold” rating for the company in a research report on Monday, July 28th. JPMorgan Chase & Co. dropped their price objective on shares of Weyerhaeuser from $32.00 to $31.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 17th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Weyerhaeuser in a report on Saturday, September 27th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $32.88.

Insider Buying and Selling at Weyerhaeuser

In other news, Director Sara Grootwassink Lewis bought 4,000 shares of Weyerhaeuser stock in a transaction that occurred on Monday, August 11th. The shares were purchased at an average price of $25.29 per share, with a total value of $101,160.00. Following the completion of the acquisition, the director directly owned 21,478 shares in the company, valued at $543,178.62. The trade was a 22.89% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.27% of the company’s stock.

Weyerhaeuser Stock Performance

Shares of WY stock opened at $25.12 on Friday. The firm has a 50 day moving average of $25.40 and a two-hundred day moving average of $26.04. The stock has a market capitalization of $18.12 billion, a PE ratio of 66.11, a P/E/G ratio of 125.31 and a beta of 1.05. The company has a quick ratio of 0.68, a current ratio of 1.04 and a debt-to-equity ratio of 0.45. Weyerhaeuser Company has a 52 week low of $23.98 and a 52 week high of $33.56.

Weyerhaeuser (NYSE:WY) last announced its quarterly earnings data on Thursday, July 24th. The real estate investment trust reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.02. The business had revenue of $1.88 billion for the quarter, compared to analysts’ expectations of $1.94 billion. Weyerhaeuser had a return on equity of 2.95% and a net margin of 3.97%.The company’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same period last year, the firm earned $0.21 earnings per share. On average, research analysts predict that Weyerhaeuser Company will post 0.78 EPS for the current fiscal year.

Weyerhaeuser Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 29th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Friday, August 29th. Weyerhaeuser’s dividend payout ratio (DPR) is presently 221.05%.

Weyerhaeuser Company 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.