Weyerhaeuser (NYSE:WY) Shares Sold by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC lowered its stake in Weyerhaeuser (NYSE:WY) by 12.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,240 shares of the real estate investment trust’s stock after selling 2,499 shares during the quarter. United Capital Financial Advisors LLC’s holdings in Weyerhaeuser were worth $513,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Barclays PLC boosted its stake in Weyerhaeuser by 9.6% during the third quarter. Barclays PLC now owns 1,754,479 shares of the real estate investment trust’s stock valued at $59,406,000 after buying an additional 153,919 shares in the last quarter. Pine Valley Investments Ltd Liability Co boosted its position in shares of Weyerhaeuser by 6.3% during the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 44,481 shares of the real estate investment trust’s stock valued at $1,506,000 after purchasing an additional 2,655 shares in the last quarter. Arvest Bank Trust Division acquired a new position in shares of Weyerhaeuser in the 3rd quarter worth approximately $997,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Weyerhaeuser in the 3rd quarter worth approximately $1,070,000. Finally, Tidal Investments LLC lifted its stake in Weyerhaeuser by 9.4% during the third quarter. Tidal Investments LLC now owns 258,165 shares of the real estate investment trust’s stock valued at $8,741,000 after purchasing an additional 22,178 shares during the last quarter. Institutional investors own 82.99% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on WY. Cibc World Mkts raised Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 15th. Raymond James raised Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 target price for the company in a report on Monday, December 23rd. JPMorgan Chase & Co. began coverage on Weyerhaeuser in a research note on Tuesday, April 8th. They issued an “overweight” rating and a $31.00 price target on the stock. StockNews.com raised shares of Weyerhaeuser from a “sell” rating to a “hold” rating in a research note on Thursday, February 6th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $36.00 target price on shares of Weyerhaeuser in a research report on Monday, February 3rd. Three research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $34.50.

Weyerhaeuser Price Performance

Shares of WY opened at $25.78 on Monday. The business’s 50-day moving average is $28.70 and its 200-day moving average is $29.93. 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 company has a market capitalization of $18.72 billion, a price-to-earnings ratio of 46.88, a P/E/G ratio of 4.74 and a beta of 1.25. Weyerhaeuser has a fifty-two week low of $24.10 and a fifty-two week high of $34.03.

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

Weyerhaeuser Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were paid a $0.21 dividend. The ex-dividend date was Friday, March 7th. This is a boost from Weyerhaeuser’s previous quarterly dividend of $0.20. This represents a $0.84 dividend on an annualized basis and a yield of 3.26%. Weyerhaeuser’s 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.