180 Wealth Advisors LLC Grows Stock Position in Weyerhaeuser Company $WY

180 Wealth Advisors LLC raised its position in Weyerhaeuser Company (NYSE:WY) by 75.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,785 shares of the real estate investment trust’s stock after acquiring an additional 25,735 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Weyerhaeuser were worth $1,416,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Goldman Sachs Group Inc. grew its holdings in Weyerhaeuser by 18.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,249,932 shares of the real estate investment trust’s stock valued at $65,878,000 after purchasing an additional 346,571 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Weyerhaeuser by 3.4% during the first quarter. Empowered Funds LLC now owns 46,049 shares of the real estate investment trust’s stock valued at $1,348,000 after acquiring an additional 1,498 shares in the last quarter. Intech Investment Management LLC grew its stake in shares of Weyerhaeuser by 5.9% during the first quarter. Intech Investment Management LLC now owns 56,265 shares of the real estate investment trust’s stock valued at $1,647,000 after acquiring an additional 3,124 shares in the last quarter. Cetera Investment Advisers increased its position in shares of Weyerhaeuser by 24.5% during the second quarter. Cetera Investment Advisers now owns 85,961 shares of the real estate investment trust’s stock worth $2,208,000 after acquiring an additional 16,932 shares during the last quarter. Finally, Rockefeller Capital Management L.P. increased its position in shares of Weyerhaeuser by 22.5% during the second quarter. Rockefeller Capital Management L.P. now owns 124,335 shares of the real estate investment trust’s stock worth $3,194,000 after acquiring an additional 22,823 shares during the last quarter. Hedge funds and other institutional investors own 82.99% of the company’s stock.

Insider Activity at Weyerhaeuser

In other Weyerhaeuser news, Director James Calvin O’rourke purchased 4,000 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were bought at an average price of $25.35 per share, with a total value of $101,400.00. Following the completion of the acquisition, the director owned 28,661 shares in the company, valued at approximately $726,556.35. This represents a 16.22% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard Beckwitt bought 20,000 shares of the stock in a transaction that occurred on Thursday, February 19th. The stock was acquired at an average price of $25.70 per share, for a total transaction of $514,000.00. Following the completion of the transaction, the director owned 24,066 shares in the company, valued at $618,496.20. This trade represents a 491.88% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.27% of the stock is currently owned by company insiders.

Weyerhaeuser Price Performance

Shares of WY opened at $22.49 on Monday. The company has a market cap of $16.21 billion, a P/E ratio of 51.11 and a beta of 1.03. The stock has a fifty day moving average price of $25.53 and a 200 day moving average price of $24.26. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.29 and a quick ratio of 0.83. Weyerhaeuser Company has a 12 month low of $21.16 and a 12 month high of $30.06.

Weyerhaeuser (NYSE:WY) last posted its earnings results on Thursday, January 29th. The real estate investment trust reported ($0.09) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.04. Weyerhaeuser had a return on equity of 1.50% and a net margin of 4.69%.The company had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.58 billion. During the same period last year, the business posted $0.11 earnings per share. The firm’s quarterly revenue was down 9.8% compared to the same quarter last year. On average, research analysts forecast that Weyerhaeuser Company will post 0.78 earnings per share for the current year.

Weyerhaeuser Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 10th were paid a $0.21 dividend. The ex-dividend date was Tuesday, March 10th. This represents a $0.84 annualized dividend and a dividend yield of 3.7%. Weyerhaeuser’s dividend payout ratio (DPR) is presently 190.91%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. UBS Group reissued a “buy” rating on shares of Weyerhaeuser in a report on Monday, December 15th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Weyerhaeuser in a report on Friday, December 12th. DA Davidson reaffirmed a “buy” rating and issued a $31.00 target price on shares of Weyerhaeuser in a research report on Monday, February 2nd. Truist Financial increased their target price on Weyerhaeuser from $28.00 to $29.00 and gave the company a “hold” rating in a research note on Monday, February 2nd. Finally, New Street Research set a $28.00 price target on shares of Weyerhaeuser in a research report on Friday, December 12th. Six investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Weyerhaeuser presently has a consensus rating of “Hold” and an average target price of $28.88.

Weyerhaeuser Company Profile

Weyerhaeuser Company (NYSE: WY) is a leading integrated forest products company whose core businesses are timberland ownership and forest products manufacturing. The company owns and manages large tracts of timberland and harvests, processes and sells wood and wood-derived products used primarily in residential and industrial construction. Its manufacturing operations produce a range of building materials, including lumber, engineered wood products and wood panels, alongside fiber-based products that serve multiple commercial applications.

Founded in 1900 by Frederick Weyerhaeuser and headquartered in Seattle, Washington, the company has a long history in the North American forest products industry.