Segall Bryant & Hamill LLC lessened its stake in Weyerhaeuser Co (NYSE:WY) by 3.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 105,742 shares of the real estate investment trust’s stock after selling 3,360 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Weyerhaeuser were worth $3,728,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Eagle Ridge Investment Management lifted its holdings in shares of Weyerhaeuser by 3.0% in the 4th quarter. Eagle Ridge Investment Management now owns 189,348 shares of the real estate investment trust’s stock valued at $6,676,000 after buying an additional 5,439 shares during the period. Atlantic Trust Group LLC lifted its holdings in shares of Weyerhaeuser by 8.2% in the 3rd quarter. Atlantic Trust Group LLC now owns 359,958 shares of the real estate investment trust’s stock valued at $12,249,000 after buying an additional 27,233 shares during the period. North Star Asset Management Inc. lifted its holdings in shares of Weyerhaeuser by 13.1% in the 4th quarter. North Star Asset Management Inc. now owns 34,045 shares of the real estate investment trust’s stock valued at $1,200,000 after buying an additional 3,948 shares during the period. Asset Management One Co. Ltd. lifted its holdings in shares of Weyerhaeuser by 0.6% in the 3rd quarter. Asset Management One Co. Ltd. now owns 1,197,067 shares of the real estate investment trust’s stock valued at $40,735,000 after buying an additional 7,084 shares during the period. Finally, Schroder Investment Management Group lifted its holdings in shares of Weyerhaeuser by 11.8% in the 3rd quarter. Schroder Investment Management Group now owns 184,820 shares of the real estate investment trust’s stock valued at $6,286,000 after buying an additional 19,570 shares during the period. 75.99% of the stock is owned by institutional investors and hedge funds.
In related news, VP Jeanne M. Hillman sold 15,389 shares of Weyerhaeuser stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $35.22, for a total value of $542,000.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.20% of the stock is owned by insiders.
Weyerhaeuser Co (NYSE WY) opened at $35.20 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.47 and a debt-to-equity ratio of 0.70. Weyerhaeuser Co has a 52 week low of $30.95 and a 52 week high of $37.89. The firm has a market capitalization of $26,750.74, a PE ratio of 30.76, a P/E/G ratio of 5.24 and a beta of 1.43.
Weyerhaeuser (NYSE:WY) last announced its quarterly earnings results on Friday, February 2nd. The real estate investment trust reported $0.31 earnings per share for the quarter, missing the Thomson Reuters’ 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 business had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.89 billion. During the same quarter in the prior year, the firm earned $0.14 EPS. Weyerhaeuser’s revenue for the quarter was up 14.2% on a year-over-year basis. research analysts forecast that Weyerhaeuser Co will post 1.35 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 23rd. Investors of record on Friday, March 2nd will be paid a $0.32 dividend. The ex-dividend date is Thursday, March 1st. This represents a $1.28 annualized dividend and a dividend yield of 3.64%. Weyerhaeuser’s dividend payout ratio is presently 166.24%.
Several equities analysts have recently issued reports on the company. Zacks Investment Research raised Weyerhaeuser from a “sell” rating to a “hold” rating in a report on Tuesday, February 27th. Bank of America upgraded Weyerhaeuser from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 24th. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $37.44.
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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.
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