Weyerhaeuser Co (WY) Holdings Decreased by Stelac Advisory Services LLC

Stelac Advisory Services LLC reduced its position in Weyerhaeuser Co (NYSE:WY) by 56.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,021 shares of the real estate investment trust’s stock after selling 15,886 shares during the quarter. Stelac Advisory Services LLC’s holdings in Weyerhaeuser were worth $424,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Exane Derivatives raised its position in shares of Weyerhaeuser by 94,833.3% in the 4th quarter. Exane Derivatives now owns 2,848 shares of the real estate investment trust’s stock worth $100,000 after buying an additional 2,845 shares during the period. Barrett Asset Management LLC raised its position in shares of Weyerhaeuser by 102.2% in the 4th quarter. Barrett Asset Management LLC now owns 3,134 shares of the real estate investment trust’s stock worth $111,000 after buying an additional 1,584 shares during the period. Chicago Partners Investment Group LLC raised its position in shares of Weyerhaeuser by 60.5% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 3,853 shares of the real estate investment trust’s stock worth $131,000 after buying an additional 1,453 shares during the period. Cornerstone Advisors Inc. raised its position in shares of Weyerhaeuser by 324.7% in the 4th quarter. Cornerstone Advisors Inc. now owns 4,565 shares of the real estate investment trust’s stock worth $161,000 after buying an additional 3,490 shares during the period. Finally, Boston Private Wealth LLC purchased a new position in shares of Weyerhaeuser in the 3rd quarter worth $206,000. 74.53% of the stock is currently owned by institutional investors and hedge funds.

Weyerhaeuser Co (WY) opened at $34.95 on Wednesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.47 and a quick ratio of 1.14. Weyerhaeuser Co has a 52-week low of $30.95 and a 52-week high of $37.89. The company has a market capitalization of $26,599.52, a PE ratio of 45.38, a price-to-earnings-growth ratio of 5.25 and a beta of 1.42.

Weyerhaeuser (NYSE:WY) last released its quarterly earnings data on Friday, February 2nd. The real estate investment trust reported $0.31 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.04). Weyerhaeuser had a net margin of 8.09% and a return on equity of 9.62%. The company had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.89 billion. During the same period last year, the business earned $0.14 earnings per share. The company’s revenue for the quarter was up 14.2% compared to the same quarter last year. equities research analysts anticipate that Weyerhaeuser Co will post 1.34 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 23rd. Shareholders of record on Friday, March 2nd will be given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 3.66%. The ex-dividend date is Thursday, March 1st. Weyerhaeuser’s dividend payout ratio (DPR) is presently 166.24%.

Several research analysts recently weighed in on WY shares. Argus increased their target price on Weyerhaeuser from $37.00 to $39.00 and gave the stock a “buy” rating in a research report on Thursday, November 2nd. Stephens started coverage on Weyerhaeuser in a research report on Tuesday, October 24th. They issued an “equal weight” rating and a $35.00 target price on the stock. TheStreet raised Weyerhaeuser from a “c+” rating to a “b-” rating in a research report on Wednesday, November 8th. Zacks Investment Research lowered Weyerhaeuser from a “buy” rating to a “hold” rating and set a $39.00 target price on the stock. in a research report on Saturday, January 13th. Finally, Bank of America raised Weyerhaeuser from a “neutral” rating to a “buy” rating in a research report on Wednesday, January 24th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $37.44.

In other Weyerhaeuser news, insider Rhonda D. Hunter sold 23,343 shares of the firm’s stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $36.12, for a total value of $843,149.16. Following the transaction, the insider now directly owns 98,973 shares of the company’s stock, valued at $3,574,904.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.20% of the company’s stock.

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Weyerhaeuser Company Profile

Weyerhaeuser Company is a timber, land and forest products company. As of December 31, 2016, the Company owned or controlled 13.1 million acres of timberlands, primarily in the United States, and manages additional timberlands under long-term licenses in Canada. The Company’s segments include Timberlands; Real Estate, Energy and Natural Resources (Real Estate & ENR), and Wood Products.

Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

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