Caisse DE Depot ET Placement DU Quebec lowered its position in shares of Weyerhaeuser Co (NYSE:WY) by 25.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 73,843 shares of the real estate investment trust’s stock after selling 24,835 shares during the quarter. Caisse DE Depot ET Placement DU Quebec’s holdings in Weyerhaeuser were worth $2,604,000 as of its most recent filing with the SEC.
Other large investors also recently bought and sold shares of the company. Bellwether Investment Group LLC acquired a new position in shares of Weyerhaeuser during the 4th quarter worth $277,000. Exane Derivatives grew its stake in shares of Weyerhaeuser by 94,833.3% during the 4th quarter. Exane Derivatives now owns 2,848 shares of the real estate investment trust’s stock worth $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% during the 4th quarter. Barrett Asset Management LLC now owns 3,134 shares of the real estate investment trust’s stock worth $111,000 after purchasing an additional 1,584 shares during the period. Chicago Partners Investment Group LLC grew its stake in shares of Weyerhaeuser by 60.5% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 3,853 shares of the real estate investment trust’s stock worth $131,000 after purchasing an additional 1,453 shares during the period. Finally, Cornerstone Advisors Inc. grew its stake in shares of Weyerhaeuser by 324.7% during the 4th quarter. Cornerstone Advisors Inc. now owns 4,565 shares of the real estate investment trust’s stock worth $161,000 after purchasing an additional 3,490 shares during the period. 76.79% of the stock is currently owned by institutional investors and hedge funds.
In other Weyerhaeuser news, VP Jeanne M. Hillman sold 15,389 shares of the firm’s stock in a transaction dated Friday, February 23rd. The shares were 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 SEC, which can be accessed through this link. 1.20% of the stock is owned by company insiders.
Shares of Weyerhaeuser Co (NYSE WY) opened at $35.55 on Wednesday. The company has a market cap of $26,880.00, a PE ratio of 42.32, a P/E/G ratio of 5.20 and a beta of 1.43. Weyerhaeuser Co has a 12 month low of $30.95 and a 12 month 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.
Weyerhaeuser (NYSE:WY) last issued its quarterly earnings data on Friday, February 2nd. The real estate investment trust reported $0.31 EPS for the quarter, missing the Zacks’ consensus estimate of $0.35 by ($0.04). The business had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.89 billion. Weyerhaeuser had a net margin of 8.09% and a return on equity of 9.62%. Weyerhaeuser’s revenue was up 14.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.14 earnings per share. equities analysts anticipate that Weyerhaeuser Co will post 1.34 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, March 23rd. Shareholders of record on Friday, March 2nd will be paid a dividend of $0.32 per share. The ex-dividend date is Thursday, March 1st. This represents a $1.28 annualized dividend and a dividend yield of 3.60%. Weyerhaeuser’s dividend payout ratio is currently 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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