Capital Investment Advisors LLC Buys New Holdings in Weyerhaeuser Co (WY)

Capital Investment Advisors LLC bought a new position in shares of Weyerhaeuser Co (NYSE:WY) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 7,739 shares of the real estate investment trust’s stock, valued at approximately $273,000.

Other institutional investors also recently modified their holdings of the company. Trust Co. of Vermont boosted its holdings in shares of Weyerhaeuser by 4.3% during the 3rd quarter. Trust Co. of Vermont now owns 78,401 shares of the real estate investment trust’s stock worth $2,668,000 after purchasing an additional 3,231 shares during the last quarter. Schroder Investment Management Group boosted its holdings in shares of 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 worth $6,286,000 after purchasing an additional 19,570 shares during the last quarter. Atlantic Trust Group LLC boosted its holdings in shares of Weyerhaeuser by 8.2% during the 3rd quarter. Atlantic Trust Group LLC now owns 359,958 shares of the real estate investment trust’s stock worth $12,249,000 after purchasing an additional 27,233 shares during the last quarter. Sterling Capital Management LLC boosted its holdings in shares of Weyerhaeuser by 195.7% during the 3rd quarter. Sterling Capital Management LLC now owns 160,786 shares of the real estate investment trust’s stock worth $5,472,000 after purchasing an additional 106,403 shares during the last quarter. Finally, Janus Henderson Group PLC boosted its holdings in shares of Weyerhaeuser by 1,559.9% during the 2nd quarter. Janus Henderson Group PLC now owns 1,479,067 shares of the real estate investment trust’s stock worth $49,550,000 after purchasing an additional 1,389,961 shares during the last quarter. Institutional investors and hedge funds own 74.76% of the company’s stock.

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

Shares of Weyerhaeuser Co (NYSE:WY) opened at $35.80 on Friday. The stock has a market capitalization of $27,020.00, a P/E ratio of 73.06, a price-to-earnings-growth ratio of 5.26 and a beta of 1.45. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.48 and a quick ratio of 1.15. Weyerhaeuser Co has a 12-month low of $29.88 and a 12-month high of $36.92.

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

In other Weyerhaeuser news, insider Rhonda D. Hunter sold 45,939 shares of the business’s stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $35.72, for a total value of $1,640,941.08. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Rhonda D. Hunter sold 23,343 shares of the business’s stock in a transaction that occurred on Friday, November 24th. The shares were sold at an average price of $36.12, for a total value of $843,149.16. Following the completion of the sale, the insider now directly owns 98,973 shares in the company, valued at approximately $3,574,904.76. The disclosure for this sale can be found here. 1.20% of the stock is owned by insiders.

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About Weyerhaeuser

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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