AMP Capital Investors Ltd lowered its holdings in Weyerhaeuser Co (NYSE:WY) by 9.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 444,941 shares of the real estate investment trust’s stock after selling 46,900 shares during the quarter. AMP Capital Investors Ltd owned 0.06% of Weyerhaeuser worth $15,689,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of WY. Exane Derivatives raised its position in Weyerhaeuser by 94,833.3% in the fourth quarter. Exane Derivatives now owns 2,848 shares of the real estate investment trust’s stock valued at $100,000 after purchasing an additional 2,845 shares during the period. Barrett Asset Management LLC grew its stake in shares of Weyerhaeuser by 102.2% in the fourth 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 in the last quarter. Chicago Partners Investment Group LLC grew its stake in shares of Weyerhaeuser by 60.5% in the third 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 in the last quarter. Cornerstone Advisors Inc. grew its stake in shares of Weyerhaeuser by 324.7% in the fourth 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 in the last quarter. Finally, Truewealth LLC acquired a new stake in shares of Weyerhaeuser in the fourth quarter valued at $185,000. Institutional investors own 76.79% of the company’s stock.
In related news, VP Jeanne M. Hillman sold 15,389 shares of the business’s stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $35.22, for a total transaction of $542,000.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.20% of the company’s stock.
Shares of Weyerhaeuser Co (WY) opened at $35.12 on Tuesday. Weyerhaeuser Co has a one year low of $30.95 and a one year high of $37.89. The company has a quick ratio of 1.14, a current ratio of 1.47 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $26,550.00, a price-to-earnings ratio of 41.81, a PEG ratio of 5.20 and a beta of 1.43.
Weyerhaeuser (NYSE:WY) last released its earnings results on Friday, February 2nd. The real estate investment trust reported $0.31 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.04). Weyerhaeuser had a return on equity of 9.62% and a net margin of 8.09%. The company had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.89 billion. During the same period in the previous year, the firm earned $0.14 earnings per share. The company’s revenue for the quarter was up 14.2% compared to the same quarter last year. sell-side analysts predict that Weyerhaeuser Co will post 1.34 EPS for the current fiscal year.
The business 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. The ex-dividend date of this dividend is Thursday, March 1st. This represents a $1.28 annualized dividend and a yield of 3.64%. Weyerhaeuser’s payout ratio is 152.38%.
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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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