Squarepoint Ops LLC Takes $1.14 Million Position in Rayonier Inc. $RYN

Squarepoint Ops LLC bought a new stake in shares of Rayonier Inc. (NYSE:RYN) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 51,564 shares of the real estate investment trust’s stock, valued at approximately $1,144,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Allworth Financial LP raised its position in Rayonier by 213.7% during the second quarter. Allworth Financial LP now owns 1,217 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 829 shares during the period. GKV Capital Management Co. Inc. acquired a new position in shares of Rayonier during the 1st quarter worth about $32,000. IFP Advisors Inc raised its position in shares of Rayonier by 8,272.0% during the 2nd quarter. IFP Advisors Inc now owns 2,093 shares of the real estate investment trust’s stock worth $46,000 after purchasing an additional 2,068 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake in Rayonier by 38.4% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 2,493 shares of the real estate investment trust’s stock valued at $55,000 after buying an additional 692 shares in the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new stake in Rayonier in the 2nd quarter worth about $92,000. Institutional investors and hedge funds own 89.12% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on RYN. Citigroup reduced their target price on Rayonier from $27.00 to $24.00 and set a “neutral” rating for the company in a report on Wednesday, November 12th. Weiss Ratings reissued a “hold (c-)” rating on shares of Rayonier in a research note on Monday, December 15th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $25.00 target price on shares of Rayonier in a research note on Thursday. One equities research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $26.75.

Rayonier Price Performance

RYN stock opened at $21.78 on Friday. Rayonier Inc. has a 1 year low of $21.06 and a 1 year high of $28.31. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.44 and a quick ratio of 3.39. The firm has a market capitalization of $3.35 billion, a PE ratio of 4.32 and a beta of 0.97. The business has a 50 day simple moving average of $22.51 and a 200-day simple moving average of $24.02.

Rayonier (NYSE:RYN) last released its quarterly earnings data on Wednesday, November 5th. The real estate investment trust reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.09. The company had revenue of $177.53 million for the quarter, compared to analyst estimates of $162.82 million. Rayonier had a return on equity of 4.74% and a net margin of 70.95%.The firm’s revenue for the quarter was up 43.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.12 earnings per share. Rayonier has set its Q4 2025 guidance at 0.080-0.110 EPS and its FY 2025 guidance at 0.410- EPS. Equities research analysts anticipate that Rayonier Inc. will post 0.55 earnings per share for the current fiscal year.

Rayonier Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 10th will be issued a $0.2725 dividend. This represents a $1.09 annualized dividend and a yield of 5.0%. The ex-dividend date is Wednesday, December 10th. Rayonier’s payout ratio is presently 21.63%.

Rayonier Profile

Rayonier, Inc (NYSE: RYN) is a publicly traded real estate investment trust specializing in timberland ownership and management. The company’s core business revolves around sustainably growing, harvesting, and marketing timber and timber-related products. Rayonier’s timberland portfolio encompasses approximately 2.7 million acres across the United States and New Zealand, focusing on softwood and hardwood fiber for use in paper, packaging and building materials.

Rayonier operates through two primary segments: Timber and Real Estate Solutions.