Uncommon Cents Investing LLC Sells 2,254 Shares of Weyerhaeuser (NYSE:WY)

Uncommon Cents Investing LLC decreased its position in shares of Weyerhaeuser (NYSE:WYFree Report) by 1.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 184,920 shares of the real estate investment trust’s stock after selling 2,254 shares during the quarter. Weyerhaeuser comprises approximately 1.5% of Uncommon Cents Investing LLC’s investment portfolio, making the stock its 12th largest position. Uncommon Cents Investing LLC’s holdings in Weyerhaeuser were worth $5,205,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its holdings in Weyerhaeuser by 27.5% in the second quarter. Dimensional Fund Advisors LP now owns 565,350 shares of the real estate investment trust’s stock valued at $16,050,000 after buying an additional 121,808 shares during the period. Intech Investment Management LLC lifted its stake in shares of Weyerhaeuser by 40.2% in the 2nd quarter. Intech Investment Management LLC now owns 20,463 shares of the real estate investment trust’s stock valued at $581,000 after purchasing an additional 5,864 shares during the period. Pacer Advisors Inc. lifted its stake in shares of Weyerhaeuser by 4.7% in the 2nd quarter. Pacer Advisors Inc. now owns 51,880 shares of the real estate investment trust’s stock valued at $1,473,000 after purchasing an additional 2,341 shares during the period. Summit Trail Advisors LLC boosted its position in shares of Weyerhaeuser by 2.0% during the 2nd quarter. Summit Trail Advisors LLC now owns 43,274 shares of the real estate investment trust’s stock valued at $1,229,000 after purchasing an additional 829 shares in the last quarter. Finally, Westwood Holdings Group Inc. grew its stake in Weyerhaeuser by 3,071.6% during the second quarter. Westwood Holdings Group Inc. now owns 309,327 shares of the real estate investment trust’s stock worth $8,782,000 after purchasing an additional 299,574 shares during the period. Institutional investors and hedge funds own 82.99% of the company’s stock.

Weyerhaeuser Stock Up 0.7 %

Shares of NYSE WY opened at $30.24 on Monday. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.01 and a quick ratio of 1.41. Weyerhaeuser has a 1 year low of $26.73 and a 1 year high of $36.27. The stock has a market capitalization of $21.97 billion, a P/E ratio of 40.86 and a beta of 1.42. The company has a 50-day moving average price of $29.82 and a 200-day moving average price of $30.78.

Weyerhaeuser (NYSE:WYGet Free Report) last released its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.03. The business had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.70 billion. Weyerhaeuser had a return on equity of 4.21% and a net margin of 7.43%. The company’s quarterly revenue was down 13.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.33 EPS. On average, equities research analysts forecast that Weyerhaeuser will post 0.49 EPS for the current fiscal year.

Weyerhaeuser Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 2.65%. The ex-dividend date of this dividend was Friday, November 29th. Weyerhaeuser’s payout ratio is currently 108.11%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on WY. Cibc World Mkts upgraded Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 15th. CIBC raised shares of Weyerhaeuser from a “neutral” rating to an “outperformer” rating and set a $35.00 target price on the stock in a research note on Wednesday, January 15th. Raymond James upgraded shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 price target for the company in a report on Monday, December 23rd. Citigroup dropped their price objective on shares of Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday, January 15th. Finally, BMO Capital Markets upgraded Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $38.00 target price for the company in a research note on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $35.14.

Get Our Latest Stock Analysis on WY

About Weyerhaeuser

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

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