Weyerhaeuser (NYSE:WY) Shares Sold by Savant Capital LLC

Savant Capital LLC trimmed its stake in Weyerhaeuser (NYSE:WY) by 6.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,693 shares of the real estate investment trust’s stock after selling 558 shares during the period. Savant Capital LLC’s holdings in Weyerhaeuser were worth $245,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Oak Thistle LLC purchased a new position in shares of Weyerhaeuser in the 4th quarter valued at approximately $1,214,000. Sonora Investment Management Group LLC increased its holdings in shares of Weyerhaeuser by 56.5% in the 4th quarter. Sonora Investment Management Group LLC now owns 51,785 shares of the real estate investment trust’s stock valued at $1,458,000 after purchasing an additional 18,698 shares in the last quarter. Czech National Bank boosted its holdings in Weyerhaeuser by 6.3% during the fourth quarter. Czech National Bank now owns 157,538 shares of the real estate investment trust’s stock worth $4,435,000 after buying an additional 9,377 shares in the last quarter. Inspire Trust Co. N.A. grew its position in Weyerhaeuser by 148.2% during the third quarter. Inspire Trust Co. N.A. now owns 125,620 shares of the real estate investment trust’s stock worth $4,253,000 after buying an additional 75,000 shares during the period. Finally, Franklin Resources Inc. increased its holdings in Weyerhaeuser by 10.2% in the third quarter. Franklin Resources Inc. now owns 729,570 shares of the real estate investment trust’s stock valued at $23,777,000 after buying an additional 67,314 shares in the last quarter. 82.99% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

WY has been the subject of several research reports. Royal Bank of Canada reiterated an “outperform” rating and issued a $36.00 price objective on shares of Weyerhaeuser in a research report on Monday, February 3rd. CIBC upgraded Weyerhaeuser from a “neutral” rating to an “outperformer” rating and set a $35.00 target price on the stock in a research report on Wednesday, January 15th. Cibc World Mkts upgraded Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 15th. StockNews.com upgraded Weyerhaeuser from a “sell” rating to a “hold” rating in a report on Thursday, February 6th. Finally, Raymond James upgraded shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 price target on the stock in a report on Monday, December 23rd. Three investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Weyerhaeuser currently has a consensus rating of “Moderate Buy” and a consensus price target of $35.00.

Weyerhaeuser Price Performance

Shares of NYSE WY opened at $29.73 on Wednesday. The business has a 50 day moving average price of $29.33 and a two-hundred day moving average price of $30.85. Weyerhaeuser has a fifty-two week low of $26.73 and a fifty-two week high of $36.27. The firm has a market cap of $21.60 billion, a PE ratio of 54.05, a price-to-earnings-growth ratio of 4.69 and a beta of 1.42. The company has a quick ratio of 1.17, a current ratio of 1.79 and a debt-to-equity ratio of 0.50.

Weyerhaeuser (NYSE:WY) last posted its quarterly earnings results on Thursday, January 30th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.04. Weyerhaeuser had a net margin of 5.56% and a return on equity of 3.86%. Sell-side analysts expect that Weyerhaeuser will post 0.8 earnings per share for the current fiscal year.

Weyerhaeuser Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, March 7th will be issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.83%. This is an increase from Weyerhaeuser’s previous quarterly dividend of $0.20. The ex-dividend date is Friday, March 7th. Weyerhaeuser’s payout ratio is 145.46%.

About Weyerhaeuser

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.