Investors sold shares of Weyerhaeuser (NYSE:WY) on strength during trading on Tuesday. $20.54 million flowed into the stock on the tick-up and $77.52 million flowed out of the stock on the tick-down, for a money net flow of $56.98 million out of the stock. Of all companies tracked, Weyerhaeuser had the 0th highest net out-flow for the day. Weyerhaeuser traded up $0.07 for the day and closed at $34.68
Several research analysts have commented on WY shares. Zacks Investment Research lowered shares of Weyerhaeuser from a “buy” rating to a “hold” rating and set a $39.00 price objective for the company. in a report on Saturday, January 13th. Bank of America upgraded shares of Weyerhaeuser from a “neutral” rating to a “buy” rating in a report on Wednesday, January 24th. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $37.44.
The stock has a market capitalization of $26,221.47, a price-to-earnings ratio of 30.64, a PEG ratio of 5.12 and a beta of 1.37. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.14 and a current ratio of 1.47.
Weyerhaeuser (NYSE:WY) last released its earnings results on Friday, February 2nd. The real estate investment trust reported $0.31 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.35 by ($0.04). The business had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.89 billion. Weyerhaeuser had a return on equity of 9.62% and a net margin of 8.09%. The firm’s quarterly revenue was up 14.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.14 earnings per share. analysts predict that Weyerhaeuser will post 1.36 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, March 23rd. Stockholders of record on Friday, March 2nd were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.58%. The ex-dividend date of this dividend was Thursday, March 1st. Weyerhaeuser’s dividend payout ratio is presently 111.30%.
In other news, VP Jeanne M. Hillman sold 15,389 shares of the company’s stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $35.22, for a total value of $542,000.58. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.20% of the stock is owned by corporate insiders.
Several large investors have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. grew its position in Weyerhaeuser by 17.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 108,306 shares of the real estate investment trust’s stock valued at $3,686,000 after purchasing an additional 15,882 shares during the last quarter. Schroder Investment Management Group grew its position in Weyerhaeuser by 11.8% during 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 purchasing an additional 19,570 shares during the last quarter. WINTON GROUP Ltd grew its position in Weyerhaeuser by 21.5% during the 3rd quarter. WINTON GROUP Ltd now owns 23,195 shares of the real estate investment trust’s stock valued at $789,000 after purchasing an additional 4,102 shares during the last quarter. KBC Group NV grew its position in Weyerhaeuser by 54.2% during the 3rd quarter. KBC Group NV now owns 176,018 shares of the real estate investment trust’s stock valued at $5,990,000 after purchasing an additional 61,886 shares during the last quarter. Finally, Commerzbank Aktiengesellschaft FI purchased a new stake in Weyerhaeuser during the 3rd quarter valued at about $1,092,000. 76.08% of the stock is currently owned by hedge funds and other institutional investors.
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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.
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