Weyerhaeuser Co (WY) Holdings Trimmed by Davis R M Inc.

Davis R M Inc. decreased its holdings in Weyerhaeuser Co (NYSE:WY) by 4.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 164,555 shares of the real estate investment trust’s stock after selling 7,087 shares during the period. Davis R M Inc.’s holdings in Weyerhaeuser were worth $5,802,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the business. Riverhead Capital Management LLC increased its stake in shares of Weyerhaeuser by 1.2% during the second quarter. Riverhead Capital Management LLC now owns 13,872 shares of the real estate investment trust’s stock valued at $465,000 after buying an additional 169 shares during the period. Laurel Wealth Advisors Inc. increased its stake in shares of Weyerhaeuser by 0.7% during the second quarter. Laurel Wealth Advisors Inc. now owns 39,387 shares of the real estate investment trust’s stock valued at $1,319,000 after buying an additional 276 shares during the period. Van ECK Associates Corp increased its stake in shares of Weyerhaeuser by 1.5% during the second quarter. Van ECK Associates Corp now owns 18,310 shares of the real estate investment trust’s stock valued at $613,000 after buying an additional 278 shares during the period. Wealthfront Inc. increased its stake in shares of Weyerhaeuser by 2.6% during the second quarter. Wealthfront Inc. now owns 11,554 shares of the real estate investment trust’s stock valued at $387,000 after buying an additional 295 shares during the period. Finally, Flinton Capital Management LLC increased its stake in shares of Weyerhaeuser by 1.4% during the second quarter. Flinton Capital Management LLC now owns 21,588 shares of the real estate investment trust’s stock valued at $723,000 after buying an additional 308 shares during the period. Institutional investors and hedge funds own 74.76% of the company’s stock.

Shares of Weyerhaeuser Co (NYSE:WY) opened at $34.76 on Wednesday. Weyerhaeuser Co has a 12-month low of $29.88 and a 12-month high of $36.92. The firm has a market capitalization of $26,240.00, a PE ratio of 70.94, a P/E/G ratio of 5.26 and a beta of 1.45. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.15 and a current ratio of 1.48.

Weyerhaeuser (NYSE:WY) last issued its quarterly earnings data on Friday, October 27th. The real estate investment trust reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. Weyerhaeuser had a return on equity of 8.15% and a net margin of 12.37%. The company had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.85 billion. During the same quarter last year, the company earned $0.30 earnings per share. The firm’s revenue for the quarter was up 9.5% compared to the same quarter last year. equities analysts expect that Weyerhaeuser Co will post 1.2 EPS for the current year.

Several equities analysts have recently commented on WY shares. Argus raised their price target on Weyerhaeuser from $37.00 to $39.00 and gave the company a “buy” rating in a research note on Thursday, November 2nd. Stephens started coverage on Weyerhaeuser in a research note on Tuesday, October 24th. They set an “equal weight” rating and a $35.00 price target on the stock. TheStreet upgraded Weyerhaeuser from a “c+” rating to a “b-” rating in a research note on Wednesday, November 8th. Finally, Zacks Investment Research downgraded Weyerhaeuser from a “buy” rating to a “hold” rating and set a $40.00 price objective on the stock. in a research report on Saturday, January 6th. Seven equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Weyerhaeuser presently has a consensus rating of “Hold” and a consensus price target of $37.44.

In related 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 transaction of $843,149.16. Following the sale, the insider now owns 98,973 shares of the company’s stock, valued at $3,574,904.76. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.20% of the stock is owned by company insiders.

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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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Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

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