B. Metzler seel. Sohn & Co. AG Sells 27,193 Shares of Weyerhaeuser Company $WY

B. Metzler seel. Sohn & Co. AG trimmed its holdings in Weyerhaeuser Company (NYSE:WY) by 60.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,766 shares of the real estate investment trust’s stock after selling 27,193 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Weyerhaeuser were worth $421,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Tradewinds Capital Management LLC lifted its position in shares of Weyerhaeuser by 401.3% during the third quarter. Tradewinds Capital Management LLC now owns 1,198 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 959 shares in the last quarter. Cromwell Holdings LLC lifted its position in shares of Weyerhaeuser by 58.3% during the third quarter. Cromwell Holdings LLC now owns 1,361 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 501 shares in the last quarter. FNY Investment Advisers LLC bought a new position in shares of Weyerhaeuser during the fourth quarter valued at about $39,000. Optiver Holding B.V. bought a new position in shares of Weyerhaeuser during the third quarter valued at about $42,000. Finally, Lodestone Wealth Management LLC bought a new position in shares of Weyerhaeuser during the fourth quarter valued at about $44,000. 82.99% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Truist Financial dropped their price target on shares of Weyerhaeuser from $29.00 to $28.00 and set a “hold” rating on the stock in a research report on Wednesday, April 15th. Weiss Ratings raised shares of Weyerhaeuser from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, February 10th. Citigroup reissued an “outperform” rating on shares of Weyerhaeuser in a research report on Thursday. Wall Street Zen lowered shares of Weyerhaeuser from a “hold” rating to a “sell” rating in a research report on Saturday, February 21st. Finally, DA Davidson reissued a “buy” rating and set a $31.00 price target on shares of Weyerhaeuser in a research report on Tuesday, March 31st. Six investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $28.75.

Weyerhaeuser Stock Performance

Shares of WY stock opened at $25.04 on Tuesday. The firm has a market cap of $18.05 billion, a price-to-earnings ratio of 56.90, a P/E/G ratio of 2.74 and a beta of 0.98. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 1.29. Weyerhaeuser Company has a 52 week low of $21.16 and a 52 week high of $27.86. The firm’s 50-day simple moving average is $24.43 and its two-hundred day simple moving average is $24.18.

Weyerhaeuser (NYSE:WY) last announced its quarterly earnings data on Thursday, January 29th. The real estate investment trust reported ($0.09) EPS for the quarter, topping the consensus estimate of ($0.13) by $0.04. The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.58 billion. Weyerhaeuser had a net margin of 4.69% and a return on equity of 1.50%. The company’s revenue for the quarter was down 9.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.11 earnings per share. As a group, equities analysts forecast that Weyerhaeuser Company will post 0.26 earnings per share for the current year.

Weyerhaeuser Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 10th were given a $0.21 dividend. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $0.84 annualized dividend and a yield of 3.4%. Weyerhaeuser’s payout ratio is currently 190.91%.

Insider Activity

In related news, Director Richard Beckwitt acquired 20,000 shares of the stock in a transaction on Thursday, February 19th. The shares were acquired at an average price of $25.70 per share, with a total value of $514,000.00. Following the completion of the transaction, the director owned 24,066 shares in the company, valued at approximately $618,496.20. The trade was a 491.88% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director James Calvin O’rourke acquired 4,000 shares of the stock in a transaction on Friday, February 20th. The stock was bought at an average cost of $25.35 per share, for a total transaction of $101,400.00. Following the transaction, the director owned 28,661 shares of the company’s stock, valued at approximately $726,556.35. This trade represents a 16.22% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 0.31% of the company’s stock.

Weyerhaeuser 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.