Weyerhaeuser Company $WY Holdings Raised by United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its stake in shares of Weyerhaeuser Company (NYSE:WY) by 23.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,700 shares of the real estate investment trust’s stock after buying an additional 5,900 shares during the quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in Weyerhaeuser were worth $789,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in WY. Brighton Jones LLC increased its stake in shares of Weyerhaeuser by 4.2% during the second quarter. Brighton Jones LLC now owns 10,178 shares of the real estate investment trust’s stock valued at $261,000 after acquiring an additional 409 shares during the period. Assenagon Asset Management S.A. increased its position in shares of Weyerhaeuser by 1.5% during the 2nd quarter. Assenagon Asset Management S.A. now owns 29,419 shares of the real estate investment trust’s stock valued at $756,000 after purchasing an additional 445 shares during the period. SPC Financial Inc. raised its stake in shares of Weyerhaeuser by 3.5% in the 1st quarter. SPC Financial Inc. now owns 14,595 shares of the real estate investment trust’s stock worth $427,000 after buying an additional 500 shares in the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych raised its stake in shares of Weyerhaeuser by 11.1% in the 2nd quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 5,000 shares of the real estate investment trust’s stock worth $128,000 after buying an additional 500 shares in the last quarter. Finally, Horizon Investments LLC lifted its holdings 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 valued at $307,000 after buying an additional 516 shares during the period. 82.99% of the stock is owned by institutional investors and hedge funds.

Weyerhaeuser Trading Up 0.6%

Shares of NYSE WY opened at $22.27 on Thursday. The company has a current ratio of 1.04, a quick ratio of 0.68 and a debt-to-equity ratio of 0.45. Weyerhaeuser Company has a one year low of $21.16 and a one year high of $32.70. The business has a 50-day moving average price of $23.44 and a two-hundred day moving average price of $25.07. The firm has a market capitalization of $16.05 billion, a PE ratio of 58.59, a PEG ratio of 244.04 and a beta of 1.04.

Weyerhaeuser (NYSE:WY) last issued its earnings results on Thursday, October 30th. The real estate investment trust reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.13. The company had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.71 billion. Weyerhaeuser had a return on equity of 2.95% and a net margin of 3.97%.The firm’s quarterly revenue was up 12.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.05 EPS. As a group, analysts predict that Weyerhaeuser Company will post 0.78 earnings per share for the current fiscal year.

Weyerhaeuser Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 28th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 3.8%. The ex-dividend date is Friday, November 28th. Weyerhaeuser’s dividend payout ratio is currently 186.67%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on WY. Bank of America reaffirmed a “neutral” rating and set a $26.00 target price (down from $29.00) on shares of Weyerhaeuser in a report on Monday, November 17th. Zacks Research raised shares of Weyerhaeuser from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 12th. DA Davidson cut their target price on shares of Weyerhaeuser from $35.00 to $31.00 and set a “buy” rating for the company in a research note on Monday, November 3rd. Weiss Ratings restated a “sell (d+)” rating on shares of Weyerhaeuser in a report on Tuesday. Finally, Truist Financial decreased their price target on shares of Weyerhaeuser from $29.00 to $27.00 and set a “hold” rating on the stock in a research report on Monday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $29.78.

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.