Brown Advisory Inc. lowered its position in Weyerhaeuser Co (NYSE:WY) by 4.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 625,847 shares of the real estate investment trust’s stock after selling 28,236 shares during the period. Brown Advisory Inc. owned 0.08% of Weyerhaeuser worth $22,818,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. BlackRock Inc. raised its stake in shares of Weyerhaeuser by 2.4% in the second quarter. BlackRock Inc. now owns 51,753,003 shares of the real estate investment trust’s stock valued at $1,886,914,000 after acquiring an additional 1,220,115 shares during the last quarter. First Eagle Investment Management LLC raised its stake in shares of Weyerhaeuser by 1.0% in the first quarter. First Eagle Investment Management LLC now owns 37,995,660 shares of the real estate investment trust’s stock valued at $1,329,848,000 after acquiring an additional 377,191 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Weyerhaeuser by 9.2% in the first quarter. American Century Companies Inc. now owns 17,546,466 shares of the real estate investment trust’s stock valued at $614,126,000 after acquiring an additional 1,482,573 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Weyerhaeuser by 17.9% in the first quarter. JPMorgan Chase & Co. now owns 11,102,891 shares of the real estate investment trust’s stock valued at $388,604,000 after acquiring an additional 1,683,653 shares during the last quarter. Finally, Northern Trust Corp raised its stake in shares of Weyerhaeuser by 0.5% in the first quarter. Northern Trust Corp now owns 10,971,497 shares of the real estate investment trust’s stock valued at $384,002,000 after acquiring an additional 56,086 shares during the last quarter. Institutional investors own 76.28% of the company’s stock.

WY stock opened at $34.58 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.18 and a quick ratio of 1.77. Weyerhaeuser Co has a fifty-two week low of $31.35 and a fifty-two week high of $38.39. The company has a market capitalization of $26.74 billion, a P/E ratio of 30.07, a P/E/G ratio of 4.57 and a beta of 1.37.

Weyerhaeuser (NYSE:WY) last posted its quarterly earnings data on Friday, July 27th. The real estate investment trust reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.03. Weyerhaeuser had a net margin of 12.94% and a return on equity of 12.15%. The firm had revenue of $2.07 billion during the quarter, compared to analysts’ expectations of $2.02 billion. During the same quarter in the previous year, the company posted $0.28 EPS. Weyerhaeuser’s revenue was up 14.2% on a year-over-year basis. sell-side analysts forecast that Weyerhaeuser Co will post 1.56 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Investors of record on Friday, September 14th will be given a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 3.93%. The ex-dividend date of this dividend is Thursday, September 13th. This is a boost from Weyerhaeuser’s previous quarterly dividend of $0.32. Weyerhaeuser’s payout ratio is 111.30%.

Several research analysts recently weighed in on the stock. Zacks Investment Research cut shares of Weyerhaeuser from a “buy” rating to a “hold” rating in a research report on Wednesday, August 8th. DA Davidson restated a “neutral” rating on shares of Weyerhaeuser in a research report on Friday, July 27th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $38.80.

About Weyerhaeuser

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control 12.4 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.

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Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

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