Weyerhaeuser (NYSE:WY) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC lifted its position in shares of Weyerhaeuser (NYSE:WY) by 9.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 175,250 shares of the real estate investment trust’s stock after acquiring an additional 15,263 shares during the period. Natixis Advisors LLC’s holdings in Weyerhaeuser were worth $4,933,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in WY. Wellington Management Group LLP raised its stake in shares of Weyerhaeuser by 12.7% during the 3rd quarter. Wellington Management Group LLP now owns 35,755,865 shares of the real estate investment trust’s stock worth $1,210,694,000 after buying an additional 4,035,048 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Weyerhaeuser by 257.2% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,472,451 shares of the real estate investment trust’s stock worth $151,437,000 after buying an additional 3,220,235 shares during the last quarter. Daiwa Securities Group Inc. raised its stake in shares of Weyerhaeuser by 122.3% during the 4th quarter. Daiwa Securities Group Inc. now owns 4,881,592 shares of the real estate investment trust’s stock worth $137,417,000 after buying an additional 2,685,634 shares during the last quarter. Point72 Asset Management L.P. acquired a new position in shares of Weyerhaeuser during the 3rd quarter worth $40,773,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Weyerhaeuser during the 4th quarter worth $26,206,000. Institutional investors and hedge funds own 82.99% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on WY. Citigroup cut their target price on shares of Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating for the company in a research note on Wednesday, January 15th. CIBC raised shares of Weyerhaeuser from a “neutral” rating to an “outperformer” rating and set a $35.00 target price for the company in a research note on Wednesday, January 15th. Cibc World Mkts raised shares of Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 15th. StockNews.com raised shares of Weyerhaeuser from a “sell” rating to a “hold” rating in a research note on Thursday, February 6th. Finally, BMO Capital Markets raised shares of 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. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Weyerhaeuser presently has an average rating of “Moderate Buy” and a consensus price target of $35.00.

Weyerhaeuser Stock Down 3.1 %

WY opened at $29.18 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.79 and a quick ratio of 1.17. The stock has a market capitalization of $21.17 billion, a price-to-earnings ratio of 53.05, a price-to-earnings-growth ratio of 4.74 and a beta of 1.43. The business has a 50-day moving average of $30.03 and a two-hundred day moving average of $30.74. Weyerhaeuser has a 12 month low of $26.73 and a 12 month high of $36.27.

Weyerhaeuser (NYSE:WY) last issued its earnings results on Thursday, January 30th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.04. Weyerhaeuser had a return on equity of 3.86% and a net margin of 5.56%. On average, research analysts expect that Weyerhaeuser will post 0.78 earnings per share for the current year.

Weyerhaeuser Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 2.88%. The ex-dividend date was Friday, March 7th. This is an increase from Weyerhaeuser’s previous quarterly dividend of $0.20. Weyerhaeuser’s dividend payout ratio is 152.73%.

Weyerhaeuser 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.