Financial Security Advisor Inc. Has $303,000 Holdings in Weyerhaeuser (NYSE:WY)

Financial Security Advisor Inc. cut its holdings in Weyerhaeuser (NYSE:WY) by 16.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,749 shares of the real estate investment trust’s stock after selling 2,076 shares during the period. Financial Security Advisor Inc.’s holdings in Weyerhaeuser were worth $303,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Proficio Capital Partners LLC acquired a new position in Weyerhaeuser during the fourth quarter worth $1,693,000. Pine Valley Investments Ltd Liability Co increased its holdings in Weyerhaeuser by 23.3% during the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 54,845 shares of the real estate investment trust’s stock worth $1,544,000 after buying an additional 10,364 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new position in Weyerhaeuser during the fourth quarter worth $736,000. Union Bancaire Privee UBP SA acquired a new position in Weyerhaeuser during the fourth quarter worth $2,828,000. Finally, Wealthspire Advisors LLC increased its holdings in Weyerhaeuser by 8.4% during the fourth quarter. Wealthspire Advisors LLC now owns 13,162 shares of the real estate investment trust’s stock worth $371,000 after buying an additional 1,024 shares during the last quarter. 82.99% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

WY has been the topic of a number of recent analyst reports. StockNews.com upgraded shares of Weyerhaeuser from a “sell” rating to a “hold” rating in a report on Thursday, February 6th. Cibc World Mkts upgraded shares of Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 15th. Raymond James raised shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 price objective for the company in a research report on Monday, December 23rd. BMO Capital Markets raised shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $38.00 price objective for the company in a research report on Friday, December 6th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $36.00 price objective on shares of Weyerhaeuser in a research report on Monday, February 3rd. Three research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Weyerhaeuser currently has an average rating of “Moderate Buy” and an average price target of $35.00.

Weyerhaeuser Trading Up 0.8 %

Shares of Weyerhaeuser stock opened at $30.06 on Friday. The firm has a 50-day moving average of $29.37 and a 200-day moving average of $30.78. The stock has a market cap of $21.81 billion, a PE ratio of 54.66, a PEG ratio of 4.74 and a beta of 1.42. Weyerhaeuser has a 52-week low of $26.73 and a 52-week high of $36.27. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.17 and a current ratio of 1.79.

Weyerhaeuser (NYSE:WY) last announced its earnings results on Thursday, January 30th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.04. Weyerhaeuser had a net margin of 5.56% and a return on equity of 3.86%. As a group, sell-side analysts forecast that Weyerhaeuser will post 0.78 EPS for the current year.

Weyerhaeuser Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, March 7th will be given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date is Friday, March 7th. This is a boost from Weyerhaeuser’s previous quarterly dividend of $0.20. Weyerhaeuser’s payout ratio is presently 152.73%.

Weyerhaeuser Company Profile

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.