GSA Capital Partners LLP Invests $440,000 in Weyerhaeuser (NYSE:WY)

GSA Capital Partners LLP bought a new position in shares of Weyerhaeuser (NYSE:WY) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 12,984 shares of the real estate investment trust’s stock, valued at approximately $440,000.

A number of other large investors also recently made changes to their positions in the company. Wedmont Private Capital increased its stake in Weyerhaeuser by 4.4% during the 3rd quarter. Wedmont Private Capital now owns 8,304 shares of the real estate investment trust’s stock worth $273,000 after acquiring an additional 350 shares during the period. Institute for Wealth Management LLC. boosted its holdings in shares of Weyerhaeuser by 2.2% in the 2nd quarter. Institute for Wealth Management LLC. now owns 16,731 shares of the real estate investment trust’s stock valued at $475,000 after purchasing an additional 366 shares in the last quarter. CWM LLC boosted its holdings in shares of Weyerhaeuser by 2.2% in the 3rd quarter. CWM LLC now owns 17,185 shares of the real estate investment trust’s stock valued at $582,000 after purchasing an additional 368 shares in the last quarter. Trust Co. of Toledo NA OH boosted its holdings in shares of Weyerhaeuser by 0.9% in the 3rd quarter. Trust Co. of Toledo NA OH now owns 43,019 shares of the real estate investment trust’s stock valued at $1,457,000 after purchasing an additional 402 shares in the last quarter. Finally, Capital Investment Advisors LLC boosted its holdings in shares of Weyerhaeuser by 5.3% in the 3rd quarter. Capital Investment Advisors LLC now owns 8,294 shares of the real estate investment trust’s stock valued at $281,000 after purchasing an additional 414 shares in the last quarter. Institutional investors own 82.99% of the company’s stock.

Weyerhaeuser Price Performance

Weyerhaeuser stock opened at $30.69 on Thursday. Weyerhaeuser has a one year low of $26.73 and a one year high of $36.27. The business has a fifty day moving average price of $32.32 and a 200-day moving average price of $30.79. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.01 and a quick ratio of 1.41. The firm has a market capitalization of $22.30 billion, a P/E ratio of 41.47 and a beta of 1.40.

Weyerhaeuser (NYSE:WY) last posted its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. Weyerhaeuser had a return on equity of 4.21% and a net margin of 7.43%. The firm had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.70 billion. During the same period last year, the company earned $0.33 earnings per share. The business’s revenue for the quarter was down 13.3% on a year-over-year basis. As a group, equities research analysts forecast that Weyerhaeuser will post 0.46 EPS for the current year.

Weyerhaeuser Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.80 dividend on an annualized basis and a yield of 2.61%. Weyerhaeuser’s payout ratio is 108.11%.

Analyst Upgrades and Downgrades

WY has been the topic of a number of research analyst reports. StockNews.com downgraded Weyerhaeuser from a “hold” rating to a “sell” rating in a report on Monday, October 28th. Royal Bank of Canada boosted their target price on Weyerhaeuser from $34.00 to $37.00 and gave the company an “outperform” rating in a research report on Monday, July 29th. Argus raised Weyerhaeuser to a “hold” rating in a report on Friday, August 9th. DA Davidson decreased their price objective on Weyerhaeuser from $37.00 to $36.00 and set a “buy” rating for the company in a report on Monday, July 29th. Finally, Citigroup reduced their target price on Weyerhaeuser from $37.00 to $36.00 and set a “buy” rating for the company in a report on Tuesday, July 30th. One analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $36.33.

Insider Buying and Selling at Weyerhaeuser

In other Weyerhaeuser news, Director James Calvin O’rourke bought 7,800 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The shares were bought at an average cost of $32.01 per share, with a total value of $249,678.00. Following the completion of the purchase, the director now directly owns 17,672 shares of the company’s stock, valued at $565,680.72. This trade represents a 79.01 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Albert Monaco bought 31,500 shares of the business’s stock in a transaction that occurred on Monday, August 26th. The stock was acquired at an average cost of $31.38 per share, for a total transaction of $988,470.00. Following the completion of the purchase, the director now directly owns 70,726 shares of the company’s stock, valued at $2,219,381.88. The trade was a 80.30 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.30% of the company’s stock.

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.