Values First Advisors Inc. Sells 2,034 Shares of Weyerhaeuser (NYSE:WY)

Values First Advisors Inc. reduced its position in shares of Weyerhaeuser (NYSE:WY) by 11.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,327 shares of the real estate investment trust’s stock after selling 2,034 shares during the period. Values First Advisors Inc.’s holdings in Weyerhaeuser were worth $568,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Millburn Ridgefield Corp acquired a new stake in shares of Weyerhaeuser during the 3rd quarter worth approximately $25,000. Raleigh Capital Management Inc. grew its position in shares of Weyerhaeuser by 606.7% during the 3rd quarter. Raleigh Capital Management Inc. now owns 848 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 728 shares during the period. Eagle Bay Advisors LLC acquired a new stake in shares of Weyerhaeuser during the 2nd quarter worth approximately $26,000. Tyler Stone Wealth Management acquired a new position in Weyerhaeuser during the second quarter valued at approximately $36,000. Finally, Strategic Investment Solutions Inc. IL acquired a new position in Weyerhaeuser during the first quarter valued at approximately $36,000. 82.99% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Royal Bank of Canada restated an “outperform” rating and set a $39.00 price objective on shares of Weyerhaeuser in a report on Monday, January 29th. StockNews.com cut shares of Weyerhaeuser from a “buy” rating to a “hold” rating in a report on Monday, January 29th. BMO Capital Markets upped their price target on shares of Weyerhaeuser from $36.00 to $38.00 and gave the company a “market perform” rating in a report on Friday, March 22nd. Finally, CIBC set a $37.00 price target on shares of Weyerhaeuser and gave the company a “neutral” rating in a report on Wednesday, March 13th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Weyerhaeuser presently has an average rating of “Hold” and an average price target of $37.71.

Insiders Place Their Bets

In other news, CFO David M. Wold sold 923 shares of the stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $34.57, for a total value of $31,908.11. Following the completion of the transaction, the chief financial officer now owns 60,655 shares of the company’s stock, valued at $2,096,843.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CFO David M. Wold sold 923 shares of the stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $34.57, for a total value of $31,908.11. Following the completion of the transaction, the chief financial officer now owns 60,655 shares of the company’s stock, valued at $2,096,843.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Keith O’rear sold 8,349 shares of the firm’s stock in a transaction that occurred on Thursday, March 28th. The shares were sold at an average price of $36.03, for a total transaction of $300,814.47. Following the completion of the transaction, the senior vice president now owns 170,665 shares of the company’s stock, valued at approximately $6,149,059.95. The disclosure for this sale can be found here. Insiders have sold 43,622 shares of company stock worth $1,487,517 over the last ninety days. Corporate insiders own 0.27% of the company’s stock.

Weyerhaeuser Stock Performance

Shares of WY stock traded down $0.03 on Thursday, hitting $35.90. The company’s stock had a trading volume of 3,438,306 shares, compared to its average volume of 3,566,995. The company has a debt-to-equity ratio of 0.50, a quick ratio of 2.22 and a current ratio of 2.94. The stock’s 50 day moving average is $33.82 and its 200-day moving average is $32.39. Weyerhaeuser has a fifty-two week low of $28.12 and a fifty-two week high of $36.27. The company has a market capitalization of $26.19 billion, a PE ratio of 31.22 and a beta of 1.43.

Weyerhaeuser (NYSE:WY) last announced its quarterly earnings data on Friday, January 26th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. The firm had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.82 billion. Weyerhaeuser had a net margin of 10.93% and a return on equity of 7.36%. The business’s revenue for the quarter was down 2.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.24 earnings per share. Equities research analysts expect that Weyerhaeuser will post 1.03 earnings per share for the current fiscal year.

Weyerhaeuser Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Friday, March 8th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.23%. This is an increase from Weyerhaeuser’s previous quarterly dividend of $0.19. The ex-dividend date was Thursday, March 7th. Weyerhaeuser’s dividend payout ratio is presently 69.57%.

Weyerhaeuser Company Profile

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control approximately 11 million acres of timberlands in the U.S. and manage additional timberlands under long-term licenses in Canada. We manage these timberlands on a sustainable basis in compliance with internationally recognized forestry standards.