Mutual of Omaha Bank Wealth Management trimmed its position in shares of Weyerhaeuser Co (NYSE:WY) by 7.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,199 shares of the real estate investment trust’s stock after selling 2,583 shares during the quarter. Mutual of Omaha Bank Wealth Management’s holdings in Weyerhaeuser were worth $1,170,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in WY. Exane Derivatives boosted its stake in shares of Weyerhaeuser by 94,833.3% in the 4th quarter. Exane Derivatives now owns 2,848 shares of the real estate investment trust’s stock valued at $100,000 after buying an additional 2,845 shares during the period. Barrett Asset Management LLC boosted its stake in shares of Weyerhaeuser by 102.2% in the 4th quarter. Barrett Asset Management LLC now owns 3,134 shares of the real estate investment trust’s stock valued at $111,000 after buying an additional 1,584 shares during the period. Chicago Partners Investment Group LLC boosted its stake in shares of Weyerhaeuser by 60.5% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 3,853 shares of the real estate investment trust’s stock valued at $131,000 after buying an additional 1,453 shares during the period. Cornerstone Advisors Inc. boosted its stake in shares of Weyerhaeuser by 324.7% in the 4th quarter. Cornerstone Advisors Inc. now owns 4,565 shares of the real estate investment trust’s stock valued at $161,000 after buying an additional 3,490 shares during the period. Finally, Boston Private Wealth LLC purchased a new position in shares of Weyerhaeuser in the 3rd quarter valued at about $206,000. Institutional investors own 74.69% of the company’s stock.

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

In related news, insider Rhonda D. Hunter sold 23,343 shares of the business’s stock in a transaction that occurred 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 owns 98,973 shares in the company, valued at $3,574,904.76. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.20% of the stock is owned by insiders.

Shares of Weyerhaeuser Co (NYSE WY) opened at $34.21 on Wednesday. The firm has a market capitalization of $25,949.46, a P/E ratio of 29.88, a P/E/G ratio of 5.13 and a beta of 1.42. Weyerhaeuser Co has a 52 week low of $30.95 and a 52 week high of $37.89. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.14 and a current ratio of 1.47.

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

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 23rd. Investors of record on Friday, March 2nd will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 3.74%. The ex-dividend date is Thursday, March 1st. Weyerhaeuser’s payout ratio is 166.24%.

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Weyerhaeuser Company 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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