Weyerhaeuser Co (NYSE:WY) Shares Acquired by Mutual Advisors LLC

Mutual Advisors LLC lifted its stake in shares of Weyerhaeuser Co (NYSE:WY) by 10.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,530 shares of the real estate investment trust’s stock after purchasing an additional 3,298 shares during the period. Mutual Advisors LLC’s holdings in Weyerhaeuser were worth $984,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Stelac Advisory Services LLC raised its position in shares of Weyerhaeuser by 7.2% during the 3rd quarter. Stelac Advisory Services LLC now owns 5,627 shares of the real estate investment trust’s stock valued at $156,000 after buying an additional 379 shares during the period. Chilton Capital Management LLC raised its position in Weyerhaeuser by 4.0% in the second quarter. Chilton Capital Management LLC now owns 10,400 shares of the real estate investment trust’s stock valued at $274,000 after purchasing an additional 400 shares during the period. M&R Capital Management Inc. raised its position in Weyerhaeuser by 29.2% in the third quarter. M&R Capital Management Inc. now owns 1,768 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 400 shares during the period. Wedbush Securities Inc. raised its position in Weyerhaeuser by 0.9% in the second quarter. Wedbush Securities Inc. now owns 44,645 shares of the real estate investment trust’s stock valued at $1,176,000 after purchasing an additional 413 shares during the period. Finally, Allworth Financial LP raised its position in Weyerhaeuser by 85.7% in the third quarter. Allworth Financial LP now owns 925 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 427 shares during the period. Institutional investors and hedge funds own 77.00% of the company’s stock.

Weyerhaeuser stock opened at $29.60 on Thursday. Weyerhaeuser Co has a twelve month low of $20.52 and a twelve month high of $30.28. The stock’s fifty day simple moving average is $28.13 and its 200-day simple moving average is $26.12. The company has a current ratio of 1.55, a quick ratio of 1.22 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $22.50 billion, a P/E ratio of 25.08 and a beta of 1.66.

Weyerhaeuser (NYSE:WY) last posted its quarterly earnings data on Friday, October 25th. The real estate investment trust reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). Weyerhaeuser had a positive return on equity of 3.78% and a negative net margin of 2.33%. The company had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.71 billion. During the same period in the prior year, the company posted $0.28 EPS. The firm’s revenue was down 12.5% compared to the same quarter last year. Sell-side analysts predict that Weyerhaeuser Co will post 0.49 earnings per share for the current year.

A number of analysts have issued reports on WY shares. Royal Bank of Canada reissued a “buy” rating on shares of Weyerhaeuser in a research report on Tuesday, September 17th. ValuEngine raised Weyerhaeuser from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd. BMO Capital Markets set a $32.00 target price on Weyerhaeuser and gave the company a “buy” rating in a research report on Tuesday, September 17th. Scotiabank set a $28.50 target price on Weyerhaeuser and gave the company a “hold” rating in a research report on Friday, October 25th. Finally, Bank of America set a $31.00 target price on Weyerhaeuser and gave the company a “hold” rating in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $30.93.

Weyerhaeuser Profile

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control 12.2 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.

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Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

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