Weyerhaeuser Company $WY Shares Purchased by Unison Advisors LLC

Unison Advisors LLC increased its position in shares of Weyerhaeuser Company (NYSE:WY) by 0.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,879 shares of the real estate investment trust’s stock after purchasing an additional 570 shares during the period. Unison Advisors LLC’s holdings in Weyerhaeuser were worth $1,795,000 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 WY. GAMMA Investing LLC lifted its position in Weyerhaeuser by 23.3% in the first quarter. GAMMA Investing LLC now owns 15,682 shares of the real estate investment trust’s stock valued at $459,000 after acquiring an additional 2,967 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Weyerhaeuser by 2.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 74,154 shares of the real estate investment trust’s stock valued at $2,171,000 after buying an additional 1,524 shares during the last quarter. Johnson Investment Counsel Inc. raised its holdings in shares of Weyerhaeuser by 8.2% in the first quarter. Johnson Investment Counsel Inc. now owns 11,721 shares of the real estate investment trust’s stock valued at $343,000 after buying an additional 888 shares during the last quarter. Blue Trust Inc. increased its stake in shares of Weyerhaeuser by 7.2% during the first quarter. Blue Trust Inc. now owns 9,502 shares of the real estate investment trust’s stock worth $278,000 after acquiring an additional 640 shares during the period. Finally, Praxis Investment Management Inc. increased its stake in shares of Weyerhaeuser by 43.2% during the first quarter. Praxis Investment Management Inc. now owns 20,490 shares of the real estate investment trust’s stock worth $600,000 after acquiring an additional 6,180 shares during the period. 82.99% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

WY has been the topic of a number of recent analyst reports. Truist Financial dropped their price target on shares of Weyerhaeuser from $29.00 to $27.00 and set a “hold” rating on the stock in a research note on Monday, October 13th. DA Davidson reiterated a “buy” rating and issued a $35.00 price target on shares of Weyerhaeuser in a research report on Monday, September 29th. JPMorgan Chase & Co. reduced their price objective on shares of Weyerhaeuser from $32.00 to $31.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 17th. Weiss Ratings reissued a “hold (c-)” rating on shares of Weyerhaeuser in a research note on Wednesday, October 8th. Finally, CIBC reduced their price objective on shares of Weyerhaeuser from $32.00 to $31.00 and set an “outperformer” rating on the stock in a research note on Thursday, September 11th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Weyerhaeuser presently has an average rating of “Moderate Buy” and a consensus target price of $32.63.

Insider Activity

In other Weyerhaeuser news, Director Sara Grootwassink Lewis acquired 4,000 shares of the company’s stock in a transaction dated Monday, August 11th. The stock was bought at an average price of $25.29 per share, with a total value of $101,160.00. Following the completion of the transaction, the director directly owned 21,478 shares of the company’s stock, valued at approximately $543,178.62. The trade was a 22.89% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.27% of the stock is owned by insiders.

Weyerhaeuser Stock Performance

NYSE:WY opened at $23.60 on Monday. The company has a quick ratio of 0.68, a current ratio of 1.04 and a debt-to-equity ratio of 0.45. The company has a market cap of $17.02 billion, a P/E ratio of 62.09, a P/E/G ratio of 248.14 and a beta of 1.05. Weyerhaeuser Company has a fifty-two week low of $23.43 and a fifty-two week high of $33.11. The firm’s 50 day moving average is $25.12 and its two-hundred day moving average is $25.66.

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

Weyerhaeuser Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 29th were given a $0.21 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $0.84 annualized dividend and a dividend yield of 3.6%. Weyerhaeuser’s dividend payout ratio is presently 221.05%.

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.