Weyerhaeuser Company (NYSE:WY) Shares Bought by Alexandria Capital LLC

Alexandria Capital LLC boosted its position in shares of Weyerhaeuser Company (NYSE:WY) by 0.3% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 3,486 shares of the real estate investment trust’s stock after buying an additional 12 shares during the period. Alexandria Capital LLC’s holdings in Weyerhaeuser were worth $117,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. First Personal Financial Services raised its stake in Weyerhaeuser by 90.7% in the first quarter. First Personal Financial Services now owns 3,195 shares of the real estate investment trust’s stock worth $109,000 after buying an additional 1,520 shares in the last quarter. Gemmer Asset Management LLC raised its stake in Weyerhaeuser by 112.2% in the first quarter. Gemmer Asset Management LLC now owns 4,126 shares of the real estate investment trust’s stock worth $140,000 after buying an additional 2,182 shares in the last quarter. Chicago Partners Investment Group LLC raised its stake in Weyerhaeuser by 137.1% in the first quarter. Chicago Partners Investment Group LLC now owns 4,151 shares of the real estate investment trust’s stock worth $141,000 after buying an additional 2,400 shares in the last quarter. Carroll Financial Associates Inc. raised its stake in Weyerhaeuser by 74.2% in the first quarter. Carroll Financial Associates Inc. now owns 4,160 shares of the real estate investment trust’s stock worth $141,000 after buying an additional 1,772 shares in the last quarter. Finally, First Command Bank raised its stake in Weyerhaeuser by 73.1% in the second quarter. First Command Bank now owns 4,178 shares of the real estate investment trust’s stock worth $140,000 after buying an additional 1,765 shares in the last quarter. 76.21% of the stock is currently owned by institutional investors and hedge funds.

Weyerhaeuser Company (NYSE:WY) opened at 32.22 on Friday. Weyerhaeuser Company has a 52-week low of $28.58 and a 52-week high of $35.50. The stock’s 50 day moving average is $33.12 and its 200-day moving average is $33.34. The company has a market capitalization of $24.26 billion, a P/E ratio of 25.33 and a beta of 1.40.

Weyerhaeuser (NYSE:WY) last posted its quarterly earnings results on Friday, July 28th. The real estate investment trust reported $0.28 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.01. The business had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.81 billion. Weyerhaeuser had a net margin of 14.09% and a return on equity of 7.17%. The company’s revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.17 earnings per share. Analysts predict that Weyerhaeuser Company will post $1.05 EPS for the current fiscal year.

COPYRIGHT VIOLATION WARNING: This piece of content was posted by Transcript Daily and is owned by of Transcript Daily. If you are reading this piece of content on another website, it was illegally stolen and republished in violation of United States and international trademark and copyright laws. The legal version of this piece of content can be accessed at https://transcriptdaily.com/2017/08/13/weyerhaeuser-company-nysewy-shares-bought-by-alexandria-capital-llc.html.

WY has been the topic of a number of analyst reports. Zacks Investment Research lowered shares of Weyerhaeuser from a “buy” rating to a “hold” rating in a report on Tuesday, July 4th. Citigroup Inc. restated a “buy” rating and issued a $39.00 target price (up previously from $38.00) on shares of Weyerhaeuser in a report on Saturday, April 22nd. Royal Bank Of Canada restated a “buy” rating and issued a $37.00 target price on shares of Weyerhaeuser in a report on Tuesday, April 18th. BidaskClub upgraded shares of Weyerhaeuser from a “hold” rating to a “buy” rating in a report on Wednesday, July 19th. Finally, BMO Capital Markets restated a “buy” rating and issued a $36.00 target price on shares of Weyerhaeuser in a report on Wednesday, May 17th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $37.13.

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.

Want to see what other hedge funds are holding WY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Weyerhaeuser Company (NYSE:WY).

Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

Receive News & Ratings for Weyerhaeuser Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weyerhaeuser Company and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply