Vanguard Personalized Indexing Management LLC Purchases 7,049 Shares of Weyerhaeuser (NYSE:WY)

Vanguard Personalized Indexing Management LLC increased its position in Weyerhaeuser (NYSE:WYFree Report) by 19.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 43,224 shares of the real estate investment trust’s stock after buying an additional 7,049 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Weyerhaeuser were worth $1,503,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of WY. Cary Street Partners Investment Advisory LLC boosted its stake in shares of Weyerhaeuser by 15.3% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 6,583 shares of the real estate investment trust’s stock valued at $202,000 after purchasing an additional 875 shares in the last quarter. Public Sector Pension Investment Board boosted its position in Weyerhaeuser by 5.7% during the third quarter. Public Sector Pension Investment Board now owns 149,003 shares of the real estate investment trust’s stock valued at $4,568,000 after buying an additional 8,031 shares during the period. Teacher Retirement System of Texas grew its stake in shares of Weyerhaeuser by 18.3% during the third quarter. Teacher Retirement System of Texas now owns 425,848 shares of the real estate investment trust’s stock valued at $13,057,000 after buying an additional 65,808 shares during the last quarter. AEGON ASSET MANAGEMENT UK Plc bought a new position in shares of Weyerhaeuser during the fourth quarter valued at about $36,237,000. Finally, Public Employees Retirement System of Ohio increased its holdings in shares of Weyerhaeuser by 21.3% in the third quarter. Public Employees Retirement System of Ohio now owns 551,160 shares of the real estate investment trust’s stock worth $16,899,000 after buying an additional 96,900 shares during the period. Hedge funds and other institutional investors own 82.99% of the company’s stock.

Weyerhaeuser Stock Up 0.2 %

NYSE:WY opened at $31.17 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.24 and a quick ratio of 1.57. The firm’s 50-day moving average price is $33.05 and its 200-day moving average price is $32.87. The company has a market capitalization of $22.72 billion, a PE ratio of 28.34 and a beta of 1.47. Weyerhaeuser has a 1-year low of $28.12 and a 1-year high of $36.27.

Weyerhaeuser (NYSE:WYGet Free Report) last announced its quarterly earnings data on Thursday, April 25th. The real estate investment trust reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.01. Weyerhaeuser had a net margin of 10.57% and a return on equity of 7.00%. The business had revenue of $1.80 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same quarter in the prior year, the company earned $0.21 earnings per share. The business’s revenue was down 4.5% compared to the same quarter last year. On average, equities analysts predict that Weyerhaeuser will post 1 EPS for the current fiscal year.

Weyerhaeuser Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 31st will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.57%. The ex-dividend date is Friday, May 31st. Weyerhaeuser’s payout ratio is 72.73%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. BMO Capital Markets increased their target price on Weyerhaeuser from $36.00 to $38.00 and gave the company a “market perform” rating in a report on Friday, March 22nd. StockNews.com cut shares of Weyerhaeuser from a “buy” rating to a “hold” rating in a report on Monday, January 29th. Royal Bank of Canada dropped their price target on shares of Weyerhaeuser from $38.00 to $37.00 and set an “outperform” rating for the company in a research report on Monday, April 29th. CIBC set a $37.00 price objective on shares of Weyerhaeuser and gave the company a “neutral” rating in a research note on Wednesday, March 13th. Finally, Truist Financial reiterated a “hold” rating and issued a $36.00 price objective on shares of Weyerhaeuser in a report on Wednesday, April 3rd. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $37.67.

Read Our Latest Research Report on WY

Insiders Place Their Bets

In other news, SVP Keith O’rear sold 8,349 shares of the firm’s stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $36.03, for a total transaction of $300,814.47. Following the completion of the transaction, the senior vice president now directly owns 170,665 shares in the company, valued at $6,149,059.95. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Nicole Weyerhaeuser Piasecki sold 33,426 shares of Weyerhaeuser stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $33.64, for a total value of $1,124,450.64. Following the completion of the sale, the director now directly owns 5,807 shares in the company, valued at $195,347.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Keith O’rear sold 8,349 shares of the stock in a transaction dated Thursday, March 28th. The shares were sold at an average price of $36.03, for a total value of $300,814.47. Following the completion of the transaction, the senior vice president now directly owns 170,665 shares in the company, valued at approximately $6,149,059.95. The disclosure for this sale can be found here. Corporate insiders own 0.27% of the company’s stock.

About Weyerhaeuser

(Free Report)

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control approximately 11 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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