Wealthcare Advisory Partners LLC Raises Position in Weyerhaeuser Company $WY

Wealthcare Advisory Partners LLC increased its holdings in Weyerhaeuser Company (NYSE:WY) by 17.2% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,337 shares of the real estate investment trust’s stock after buying an additional 1,662 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Weyerhaeuser were worth $291,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. S.A. Mason LLC raised its position in shares of Weyerhaeuser by 5.6% in the first quarter. S.A. Mason LLC now owns 7,642 shares of the real estate investment trust’s stock worth $224,000 after buying an additional 408 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Weyerhaeuser by 1.5% during the second quarter. Assenagon Asset Management S.A. now owns 29,419 shares of the real estate investment trust’s stock valued at $756,000 after buying an additional 445 shares during the last quarter. Unison Advisors LLC grew its stake in shares of Weyerhaeuser by 0.7% during the first quarter. Unison Advisors LLC now owns 69,309 shares of the real estate investment trust’s stock valued at $2,029,000 after buying an additional 455 shares during the last quarter. SPC Financial Inc. grew its stake in shares of Weyerhaeuser by 3.5% in the first quarter. SPC Financial Inc. now owns 14,595 shares of the real estate investment trust’s stock worth $427,000 after purchasing an additional 500 shares during the last quarter. Finally, Horizon Investments LLC grew its stake in shares of Weyerhaeuser by 5.2% in the first quarter. Horizon Investments LLC now owns 10,468 shares of the real estate investment trust’s stock worth $307,000 after purchasing an additional 516 shares during the last quarter. Hedge funds and other institutional investors own 82.99% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on WY shares. Weiss Ratings reissued a “hold (c-)” rating on shares of Weyerhaeuser in a research note on Wednesday. Wall Street Zen cut Weyerhaeuser from a “hold” rating to a “sell” rating in a research report on Sunday, August 3rd. Truist Financial lowered their target price on shares of Weyerhaeuser from $30.00 to $29.00 and set a “hold” rating for the company in a report on Monday, July 28th. DA Davidson reiterated a “buy” rating and set a $35.00 target price on shares of Weyerhaeuser in a report on Monday, September 29th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Weyerhaeuser from $32.00 to $31.00 and set an “overweight” rating for the company in a report on Wednesday, September 17th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $32.88.

Insider Activity at Weyerhaeuser

In related news, Director Sara Grootwassink Lewis bought 4,000 shares of Weyerhaeuser stock in a transaction dated Monday, August 11th. The shares were acquired at an average cost of $25.29 per share, with a total value of $101,160.00. Following the completion of the transaction, the director owned 21,478 shares in the company, valued at $543,178.62. The trade was a 22.89% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.27% of the company’s stock.

Weyerhaeuser Stock Down 2.0%

WY opened at $23.95 on Friday. The company has a quick ratio of 0.68, a current ratio of 1.04 and a debt-to-equity ratio of 0.45. Weyerhaeuser Company has a 52 week low of $23.92 and a 52 week high of $33.56. The firm has a 50-day simple moving average of $25.30 and a two-hundred day simple moving average of $25.89. The company has a market capitalization of $17.28 billion, a PE ratio of 63.03, a price-to-earnings-growth ratio of 155.60 and a beta of 1.05.

Weyerhaeuser (NYSE:WY) last announced its quarterly earnings results on Thursday, July 24th. The real estate investment trust reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.02. Weyerhaeuser had a net margin of 3.97% and a return on equity of 2.95%. The firm had revenue of $1.88 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter last year, the firm earned $0.21 EPS. The firm’s revenue for the quarter was down 2.8% compared to the same quarter last year. Analysts forecast that Weyerhaeuser Company will post 0.78 earnings per share for the current fiscal year.

Weyerhaeuser Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Friday, August 29th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Friday, August 29th. Weyerhaeuser’s dividend payout ratio is 221.05%.

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.