Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in Weyerhaeuser Company (NYSE:WY) by 3.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 109,536 shares of the real estate investment trust’s stock after buying an additional 4,086 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Weyerhaeuser were worth $3,728,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of WY. Capital World Investors boosted its stake in Weyerhaeuser by 67.0% in the second quarter. Capital World Investors now owns 17,695,470 shares of the real estate investment trust’s stock worth $592,798,000 after buying an additional 7,096,454 shares in the last quarter. Vanguard Group Inc. boosted its stake in Weyerhaeuser by 3.2% in the second quarter. Vanguard Group Inc. now owns 49,408,860 shares of the real estate investment trust’s stock worth $1,655,198,000 after buying an additional 1,535,736 shares in the last quarter. Principal Financial Group Inc. lifted its position in Weyerhaeuser by 110.0% in the third quarter. Principal Financial Group Inc. now owns 2,818,177 shares of the real estate investment trust’s stock valued at $95,903,000 after purchasing an additional 1,476,159 shares during the last quarter. Janus Henderson Group PLC lifted its position in Weyerhaeuser by 1,559.9% in the second quarter. Janus Henderson Group PLC now owns 1,479,067 shares of the real estate investment trust’s stock valued at $49,550,000 after purchasing an additional 1,389,961 shares during the last quarter. Finally, American Century Companies Inc. lifted its position in Weyerhaeuser by 8.6% in the second quarter. American Century Companies Inc. now owns 16,124,028 shares of the real estate investment trust’s stock valued at $540,155,000 after purchasing an additional 1,273,679 shares during the last quarter. 75.80% of the stock is owned by institutional investors and hedge funds.

TRADEMARK VIOLATION NOTICE: “Fjarde AP Fonden Fourth Swedish National Pension Fund Raises Holdings in Weyerhaeuser Company (WY)” was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this story on another site, it was copied illegally and reposted in violation of international copyright and trademark laws. The correct version of this story can be viewed at https://www.thecerbatgem.com/2017/11/19/fjarde-ap-fonden-fourth-swedish-national-pension-fund-raises-holdings-in-weyerhaeuser-company-wy.html.

Weyerhaeuser Company (WY) opened at $36.28 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.15 and a current ratio of 1.48. The company has a market capitalization of $27,385.20, a P/E ratio of 37.02, a P/E/G ratio of 6.19 and a beta of 1.46. Weyerhaeuser Company has a twelve month low of $29.81 and a twelve month high of $36.92.

Weyerhaeuser (NYSE:WY) last announced its earnings results on Friday, October 27th. The real estate investment trust reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. The company had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.85 billion. Weyerhaeuser had a return on equity of 8.15% and a net margin of 12.37%. The firm’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.30 earnings per share. research analysts expect that Weyerhaeuser Company will post 1.17 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.53%. The ex-dividend date is Thursday, November 30th. This is an increase from Weyerhaeuser’s previous quarterly dividend of $0.31. Weyerhaeuser’s dividend payout ratio is currently 108.77%.

Several analysts have weighed in on WY shares. Goldman Sachs Group, Inc. (The) downgraded Weyerhaeuser from a “conviction-buy” rating to a “buy” rating and set a $38.00 price objective for the company. in a research report on Monday, July 31st. Zacks Investment Research downgraded Weyerhaeuser from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. BMO Capital Markets downgraded Weyerhaeuser from an “outperform” rating to a “market perform” rating and boosted their price objective for the company from $28.58 to $36.00 in a research report on Monday, August 14th. JMP Securities downgraded Weyerhaeuser from an “outperform” rating to a “market perform” rating and set a $36.00 price objective for the company. in a research report on Monday, August 14th. Finally, BidaskClub downgraded Weyerhaeuser from a “buy” rating to a “hold” rating in a research report on Friday, August 18th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Weyerhaeuser has an average rating of “Hold” and a consensus price target of $37.20.

In related news, Director Rick R. Holley sold 227,341 shares of the company’s stock in a transaction on Monday, October 16th. The stock was sold at an average price of $35.05, for a total value of $7,968,302.05. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Rhonda D. Hunter sold 45,939 shares of the company’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $35.72, for a total value of $1,640,941.08. The disclosure for this sale can be found here. 1.20% of the stock is owned by corporate insiders.

About Weyerhaeuser

Weyerhaeuser Company is a timber, land and forest products company. As of December 31, 2016, the Company owned or controlled 13.1 million acres of timberlands, primarily in the United States, and manages additional timberlands under long-term licenses in Canada. The Company’s segments include Timberlands; Real Estate, Energy and Natural Resources (Real Estate & ENR), and Wood Products.

Want to see what other hedge funds are holding WY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Weyerhaeuser Company (NYSE:WY).

Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

Receive News & Stock Ratings for Weyerhaeuser Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weyerhaeuser Company and related stocks with our FREE daily email newsletter.