Sentry Investment Management LLC boosted its holdings in Weyerhaeuser Co (NYSE:WY) by 3.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 58,495 shares of the real estate investment trust’s stock after acquiring an additional 1,730 shares during the quarter. Sentry Investment Management LLC’s holdings in Weyerhaeuser were worth $2,063,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of WY. Dimensional Fund Advisors LP increased its position in Weyerhaeuser by 4.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 325,599 shares of the real estate investment trust’s stock valued at $10,906,000 after acquiring an additional 14,267 shares during the period. Cubist Systematic Strategies LLC increased its position in Weyerhaeuser by 67.1% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 12,109 shares of the real estate investment trust’s stock valued at $406,000 after acquiring an additional 4,864 shares during the period. Colony Group LLC increased its position in Weyerhaeuser by 71.5% in the 2nd quarter. Colony Group LLC now owns 13,990 shares of the real estate investment trust’s stock valued at $469,000 after acquiring an additional 5,833 shares during the period. WINTON GROUP Ltd acquired a new stake in Weyerhaeuser in the 2nd quarter valued at approximately $640,000. Finally, Advisory Services Network LLC increased its position in Weyerhaeuser by 8.0% in the 2nd quarter. Advisory Services Network LLC now owns 29,867 shares of the real estate investment trust’s stock valued at $1,001,000 after acquiring an additional 2,202 shares during the period. Hedge funds and other institutional investors own 74.69% of the company’s stock.

Several analysts recently commented on WY shares. Zacks Investment Research cut Weyerhaeuser from a “buy” rating to a “hold” rating and set a $40.00 target price on the stock. in a research report on Saturday, January 6th. Bank of America upgraded Weyerhaeuser from a “neutral” rating to a “buy” rating in a research report on Wednesday, January 24th. Argus increased their price target on Weyerhaeuser from $37.00 to $39.00 and gave the company a “buy” rating in a research note on Thursday, November 2nd. Stephens began coverage on Weyerhaeuser in a research note on Tuesday, October 24th. They set an “equal weight” rating and a $35.00 price target for the company. Finally, TheStreet raised Weyerhaeuser from a “c+” rating to a “b-” rating in a research note on Wednesday, November 8th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $37.44.

Weyerhaeuser Co (NYSE:WY) opened at $34.36 on Tuesday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.14 and a current ratio of 1.47. The stock has a market capitalization of $25,518.98, a price-to-earnings ratio of 29.38, a price-to-earnings-growth ratio of 5.04 and a beta of 1.42. Weyerhaeuser Co has a one year low of $30.95 and a one year high of $37.89.

Weyerhaeuser (NYSE:WY) last issued its quarterly earnings results on Friday, February 2nd. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). The firm had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.89 billion. Weyerhaeuser had a net margin of 8.09% and a return on equity of 9.62%. The business’s revenue for the quarter was up 14.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.14 earnings per share. equities research analysts predict that Weyerhaeuser Co will post 1.34 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 23rd. Shareholders of record on Friday, March 2nd will be paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 3.73%. The ex-dividend date of this dividend is Thursday, March 1st. Weyerhaeuser’s payout ratio is currently 166.24%.

In other news, insider Rhonda D. Hunter sold 23,343 shares of the firm’s stock in a transaction on Friday, November 24th. The stock was sold at an average price of $36.12, for a total transaction of $843,149.16. Following the completion of the sale, the insider now directly owns 98,973 shares of the company’s stock, valued at approximately $3,574,904.76. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.20% of the company’s stock.

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Weyerhaeuser Profile

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.

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Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

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