Universal Beteiligungs und Servicegesellschaft mbH Purchases 86,038 Shares of Rayonier Inc. $RYN

Universal Beteiligungs und Servicegesellschaft mbH increased its position in shares of Rayonier Inc. (NYSE:RYN) by 10.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 931,871 shares of the real estate investment trust’s stock after acquiring an additional 86,038 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.60% of Rayonier worth $20,669,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in RYN. Creative Planning raised its holdings in Rayonier by 24.0% during the 2nd quarter. Creative Planning now owns 27,844 shares of the real estate investment trust’s stock worth $618,000 after purchasing an additional 5,398 shares during the last quarter. SG Americas Securities LLC boosted its stake in shares of Rayonier by 29.3% in the 2nd quarter. SG Americas Securities LLC now owns 10,934 shares of the real estate investment trust’s stock valued at $243,000 after purchasing an additional 2,479 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of Rayonier by 7.2% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 36,021 shares of the real estate investment trust’s stock worth $799,000 after buying an additional 2,430 shares during the period. Police & Firemen s Retirement System of New Jersey raised its stake in shares of Rayonier by 4.2% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 59,909 shares of the real estate investment trust’s stock worth $1,329,000 after buying an additional 2,440 shares during the last quarter. Finally, Allworth Financial LP raised its stake in shares of Rayonier by 213.7% during the second quarter. Allworth Financial LP now owns 1,217 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 829 shares during the last quarter. Institutional investors own 89.12% of the company’s stock.

Rayonier Trading Down 0.6%

Shares of NYSE RYN opened at $21.34 on Wednesday. Rayonier Inc. has a twelve month low of $21.17 and a twelve month high of $32.74. The stock has a market cap of $3.28 billion, a price-to-earnings ratio of 4.31 and a beta of 0.98. The company has a quick ratio of 3.38, a current ratio of 3.50 and a debt-to-equity ratio of 0.37. The company’s fifty day moving average is $24.56 and its 200-day moving average is $24.31.

Rayonier (NYSE:RYN) last issued its quarterly earnings data on Wednesday, November 5th. The real estate investment trust reported $0.32 EPS for the quarter, topping the consensus estimate of $0.23 by $0.09. Rayonier had a return on equity of 3.39% and a net margin of 68.53%.The business had revenue of $177.53 million for the quarter, compared to the consensus estimate of $162.82 million. During the same quarter last year, the business posted $0.12 EPS. The firm’s revenue was up 43.0% compared to the same quarter last year. Rayonier has set its Q4 2025 guidance at 0.080-0.110 EPS. FY 2025 guidance at 0.410- EPS. Equities research analysts predict that Rayonier Inc. will post 0.55 EPS for the current year.

Rayonier Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Wednesday, December 10th will be paid a dividend of $0.2725 per share. This represents a $1.09 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend is Wednesday, December 10th. Rayonier’s dividend payout ratio is presently 21.63%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on RYN. Citigroup reduced their price objective on shares of Rayonier from $27.00 to $24.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 12th. Weiss Ratings restated a “hold (c-)” rating on shares of Rayonier in a research report on Monday. Wall Street Zen upgraded Rayonier from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Finally, Royal Bank Of Canada increased their target price on Rayonier from $26.00 to $27.00 and gave the company a “sector perform” rating in a research note on Friday, August 8th. One analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $27.25.

About Rayonier

Rayonier is a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in the United States and New Zealand. As of December 31, 2023, Rayonier owned or leased under long-term agreements approximately 2.7 million acres of timberlands located in the U.S.