Vontobel Holding Ltd. Has $222,000 Stock Holdings in Weyerhaeuser (NYSE:WY)

Vontobel Holding Ltd. lessened its holdings in shares of Weyerhaeuser (NYSE:WY) by 41.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 7,902 shares of the real estate investment trust’s stock after selling 5,633 shares during the period. Vontobel Holding Ltd.’s holdings in Weyerhaeuser were worth $222,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of WY. Meeder Asset Management Inc. grew its holdings in shares of Weyerhaeuser by 172.4% in the 3rd quarter. Meeder Asset Management Inc. now owns 1,136 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 719 shares during the period. AdvisorNet Financial Inc grew its holdings in shares of Weyerhaeuser by 41.2% in the 4th quarter. AdvisorNet Financial Inc now owns 1,665 shares of the real estate investment trust’s stock valued at $47,000 after buying an additional 486 shares during the period. Capital Performance Advisors LLP acquired a new position in shares of Weyerhaeuser in the 3rd quarter valued at $50,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Weyerhaeuser in the 4th quarter valued at $57,000. Finally, Catalyst Capital Advisors LLC grew its holdings in shares of Weyerhaeuser by 165.6% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 1,971 shares of the real estate investment trust’s stock valued at $67,000 after buying an additional 1,229 shares during the period. Institutional investors and hedge funds own 82.99% of the company’s stock.

Weyerhaeuser Stock Performance

Shares of WY stock opened at $29.69 on Friday. The company’s fifty day simple moving average is $29.26 and its 200-day simple moving average is $30.82. The company has a quick ratio of 1.17, a current ratio of 1.79 and a debt-to-equity ratio of 0.50. The firm has a market cap of $21.54 billion, a PE ratio of 53.97, a P/E/G ratio of 4.62 and a beta of 1.42. Weyerhaeuser has a 12 month low of $26.73 and a 12 month high of $36.27.

Weyerhaeuser (NYSE:WY) last announced its quarterly earnings data on Thursday, January 30th. The real estate investment trust reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.04. Weyerhaeuser had a net margin of 5.56% and a return on equity of 3.86%. Equities research analysts expect that Weyerhaeuser will post 0.78 EPS for the current fiscal year.

Weyerhaeuser Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be given a dividend of $0.21 per share. This is a positive change from Weyerhaeuser’s previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a yield of 2.83%. The ex-dividend date is Friday, March 7th. Weyerhaeuser’s dividend payout ratio is 152.73%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Cibc World Mkts raised shares of Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 15th. Raymond James raised shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 price target for the company in a report on Monday, December 23rd. BMO Capital Markets raised shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $38.00 price objective on the stock in a research report on Friday, December 6th. Truist Financial cut their price objective on shares of Weyerhaeuser from $34.00 to $33.00 and set a “hold” rating on the stock in a research report on Monday, January 6th. Finally, Citigroup cut their price objective on shares of Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $35.00.

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.