D.B. Root & Company LLC reduced its holdings in shares of Weyerhaeuser Co (NYSE:WY) by 5.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 31,387 shares of the real estate investment trust’s stock after selling 1,668 shares during the period. D.B. Root & Company LLC’s holdings in Weyerhaeuser were worth $947,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Allworth Financial LP boosted its position in Weyerhaeuser by 85.7% in the third quarter. Allworth Financial LP now owns 925 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 427 shares in the last quarter. Hoey Investments Inc. acquired a new position in Weyerhaeuser in the fourth quarter valued at about $30,000. Creative Financial Designs Inc. ADV acquired a new position in Weyerhaeuser in the third quarter valued at about $33,000. Clean Yield Group boosted its position in Weyerhaeuser by 85.6% in the third quarter. Clean Yield Group now owns 1,485 shares of the real estate investment trust’s stock valued at $41,000 after buying an additional 685 shares in the last quarter. Finally, Northwest Investment Counselors LLC acquired a new position in Weyerhaeuser in the third quarter valued at about $43,000. Institutional investors and hedge funds own 76.27% of the company’s stock.

WY has been the topic of a number of recent analyst reports. Argus boosted their price target on shares of Weyerhaeuser to $32.00 and gave the company a “buy” rating in a research report on Monday, November 18th. Scotiabank set a $28.50 price target on shares of Weyerhaeuser and gave the company a “hold” rating in a research report on Friday, October 25th. ValuEngine lowered shares of Weyerhaeuser from a “buy” rating to a “hold” rating in a research report on Wednesday, November 27th. Royal Bank of Canada restated a “buy” rating on shares of Weyerhaeuser in a research report on Tuesday, September 17th. Finally, BMO Capital Markets set a $32.00 price target on shares of Weyerhaeuser and gave the company a “buy” rating in a research report on Tuesday, September 17th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $30.93.

Shares of NYSE WY traded up $0.32 during trading on Tuesday, reaching $30.57. The company had a trading volume of 2,222,462 shares, compared to its average volume of 2,752,613. Weyerhaeuser Co has a 52 week low of $22.35 and a 52 week high of $30.28. The stock has a market cap of $22.03 billion, a PE ratio of 25.91 and a beta of 1.65. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.22 and a current ratio of 1.55. The business’s 50 day moving average price is $29.66 and its 200-day moving average price is $27.66.

Weyerhaeuser (NYSE:WY) last announced its earnings results on Friday, October 25th. The real estate investment trust reported $0.08 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.02). Weyerhaeuser had a positive return on equity of 3.78% and a negative net margin of 2.33%. The company had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.71 billion. During the same period in the prior year, the firm posted $0.28 earnings per share. The company’s revenue was down 12.5% on a year-over-year basis. Equities analysts anticipate that Weyerhaeuser Co will post 0.41 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 6th were paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.45%. The ex-dividend date of this dividend was Thursday, December 5th. Weyerhaeuser’s dividend payout ratio is presently 115.25%.

Weyerhaeuser Company Profile

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control 12.2 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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