Weyerhaeuser Company (NYSE:WY) Given Consensus Recommendation of “Hold” by Analysts

Weyerhaeuser Company (NYSE:WY) has been given a consensus recommendation of “Hold” by the eleven ratings firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $28.8750.

Several analysts have weighed in on the stock. DA Davidson reaffirmed a “buy” rating and set a $31.00 price objective on shares of Weyerhaeuser in a research note on Tuesday. Citigroup boosted their target price on Weyerhaeuser from $30.00 to $32.00 and gave the stock a “buy” rating in a report on Friday, February 13th. UBS Group restated a “buy” rating on shares of Weyerhaeuser in a research report on Monday, December 15th. Weiss Ratings raised Weyerhaeuser from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, February 10th. Finally, Wall Street Zen downgraded Weyerhaeuser from a “hold” rating to a “sell” rating in a research report on Saturday, February 21st.

Weyerhaeuser Stock Down 0.0%

Shares of NYSE WY opened at $24.43 on Friday. Weyerhaeuser has a 52-week low of $21.16 and a 52-week high of $29.14. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 1.29. The business has a fifty day moving average of $25.00 and a two-hundred day moving average of $24.17. The stock has a market cap of $17.61 billion, a PE ratio of 55.51 and a beta of 0.98.

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

Weyerhaeuser Announces Dividend

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

Insider Activity

In related news, Director James Calvin O’rourke acquired 4,000 shares of the firm’s stock in a transaction on Friday, February 20th. The shares were purchased at an average price of $25.35 per share, with a total value of $101,400.00. Following the acquisition, the director directly owned 28,661 shares in the company, valued at $726,556.35. The trade was a 16.22% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, Director Richard Beckwitt acquired 20,000 shares of the firm’s stock in a transaction on Thursday, February 19th. The shares were bought at an average cost of $25.70 per share, for a total transaction of $514,000.00. Following the acquisition, the director owned 24,066 shares in the company, valued at approximately $618,496.20. The trade was a 491.88% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.27% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of WY. Tradewinds Capital Management LLC boosted its position in Weyerhaeuser by 401.3% in the 3rd quarter. Tradewinds Capital Management LLC now owns 1,198 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 959 shares during the last quarter. Cromwell Holdings LLC raised 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 worth $34,000 after acquiring an additional 501 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in shares of Weyerhaeuser during the fourth quarter worth $39,000. Addison Advisors LLC lifted its stake in shares of Weyerhaeuser by 83.4% during the fourth quarter. Addison Advisors LLC now owns 1,665 shares of the real estate investment trust’s stock valued at $39,000 after acquiring an additional 757 shares during the period. Finally, Operose Advisors LLC acquired a new position in shares of Weyerhaeuser during the second quarter valued at $41,000. Institutional investors and hedge funds own 82.99% of the company’s stock.

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.