Inceptionr LLC Purchases New Shares in Weyerhaeuser Company $WY

Inceptionr LLC purchased a new position in shares of Weyerhaeuser Company (NYSE:WY) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 67,790 shares of the real estate investment trust’s stock, valued at approximately $1,742,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. J.W. Cole Advisors Inc. boosted its stake in shares of Weyerhaeuser by 4.7% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 38,886 shares of the real estate investment trust’s stock worth $999,000 after buying an additional 1,757 shares during the last quarter. Advisors Asset Management Inc. lifted its holdings in Weyerhaeuser by 29.1% during the second quarter. Advisors Asset Management Inc. now owns 3,464 shares of the real estate investment trust’s stock worth $89,000 after acquiring an additional 780 shares during the period. Edmond DE Rothschild Holding S.A. boosted its position in Weyerhaeuser by 12.9% in the second quarter. Edmond DE Rothschild Holding S.A. now owns 960,000 shares of the real estate investment trust’s stock worth $24,662,000 after purchasing an additional 110,000 shares during the last quarter. Prudential Financial Inc. grew its stake in Weyerhaeuser by 7.4% in the 2nd quarter. Prudential Financial Inc. now owns 423,889 shares of the real estate investment trust’s stock valued at $10,890,000 after purchasing an additional 29,098 shares during the period. Finally, Coldstream Capital Management Inc. grew its stake in Weyerhaeuser by 9.7% in the 2nd quarter. Coldstream Capital Management Inc. now owns 28,422 shares of the real estate investment trust’s stock valued at $730,000 after purchasing an additional 2,523 shares during the period. Hedge funds and other institutional investors own 82.99% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on WY. Royal Bank Of Canada cut their price target on shares of Weyerhaeuser from $31.00 to $30.00 and set an “outperform” rating on the stock in a report on Monday, November 3rd. Wall Street Zen lowered shares of Weyerhaeuser from a “hold” rating to a “sell” rating in a research report on Sunday, August 3rd. Citigroup reduced their target price on shares of Weyerhaeuser from $28.00 to $26.00 and set a “buy” rating for the company in a research report on Wednesday, November 12th. JPMorgan Chase & Co. decreased their price target on shares of Weyerhaeuser from $28.00 to $27.00 and set an “overweight” rating for the company in a research note on Friday, November 14th. Finally, DA Davidson lowered their price target on shares of Weyerhaeuser from $35.00 to $31.00 and set a “buy” rating on the stock in a report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $29.78.

Weyerhaeuser Price Performance

NYSE WY opened at $22.14 on Wednesday. The company has a quick ratio of 0.68, a current ratio of 1.04 and a debt-to-equity ratio of 0.45. The company has a market cap of $15.96 billion, a PE ratio of 58.25, a price-to-earnings-growth ratio of 244.04 and a beta of 1.04. Weyerhaeuser Company has a 52 week low of $21.16 and a 52 week high of $32.70. The firm’s 50-day simple moving average is $23.48 and its two-hundred day simple moving average is $25.09.

Weyerhaeuser (NYSE:WY) last posted its earnings results on Thursday, October 30th. The real estate investment trust reported $0.06 earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.13. The firm had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.71 billion. Weyerhaeuser had a net margin of 3.97% and a return on equity of 2.95%. The company’s revenue was up 12.1% on a year-over-year basis. During the same quarter last year, the company earned $0.05 earnings per share. Research analysts predict that Weyerhaeuser Company will post 0.78 earnings per share for the current year.

Weyerhaeuser Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 28th will be issued a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, November 28th. This represents a $0.84 dividend on an annualized basis and a yield of 3.8%. Weyerhaeuser’s payout ratio is presently 186.67%.

Weyerhaeuser Profile

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.