Teachers Advisors LLC grew its position in Weyerhaeuser Co (NYSE:WY) by 33.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,925,727 shares of the real estate investment trust’s stock after purchasing an additional 737,511 shares during the quarter. Teachers Advisors LLC owned about 0.39% of Weyerhaeuser worth $103,161,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of WY. Barings LLC grew its position in shares of Weyerhaeuser by 179.5% in the fourth quarter. Barings LLC now owns 1,289,013 shares of the real estate investment trust’s stock valued at $45,451,000 after purchasing an additional 827,804 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Weyerhaeuser by 9.4% in the third quarter. JPMorgan Chase & Co. now owns 9,491,183 shares of the real estate investment trust’s stock valued at $322,797,000 after purchasing an additional 813,226 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Weyerhaeuser by 7.0% in the fourth quarter. Bank of New York Mellon Corp now owns 8,827,895 shares of the real estate investment trust’s stock valued at $311,270,000 after purchasing an additional 580,014 shares during the last quarter. Neuberger Berman Group LLC grew its position in shares of Weyerhaeuser by 4.5% in the third quarter. Neuberger Berman Group LLC now owns 10,063,324 shares of the real estate investment trust’s stock valued at $342,455,000 after purchasing an additional 434,964 shares during the last quarter. Finally, Amundi Pioneer Asset Management Inc. acquired a new position in shares of Weyerhaeuser in the fourth quarter valued at approximately $13,092,000. 76.79% of the stock is currently owned by institutional investors.
In other news, VP Jeanne M. Hillman sold 15,389 shares of the stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $35.22, for a total value of $542,000.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.20% of the stock is currently owned by corporate insiders.
Shares of Weyerhaeuser Co (NYSE WY) opened at $35.55 on Wednesday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.14 and a current ratio of 1.47. Weyerhaeuser Co has a 12 month low of $30.95 and a 12 month high of $37.89. The firm has a market capitalization of $26,554.16, a price-to-earnings ratio of 30.54, a price-to-earnings-growth ratio of 5.24 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 earnings per share for the quarter, missing the 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 business had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.89 billion. During the same quarter in the previous year, the company earned $0.14 earnings per share. The firm’s revenue for the quarter was up 14.2% on a year-over-year basis. equities analysts anticipate that Weyerhaeuser Co will post 1.34 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, March 23rd. Stockholders of record on Friday, March 2nd will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.60%. The ex-dividend date is Thursday, March 1st. Weyerhaeuser’s payout ratio is 166.24%.
COPYRIGHT VIOLATION WARNING: This piece was originally posted by American Banking News and is the sole property of of American Banking News. If you are reading this piece on another website, it was illegally copied and reposted in violation of US & international copyright laws. The legal version of this piece can be read at https://www.americanbankingnews.com/2018/03/14/weyerhaeuser-co-wy-shares-bought-by-teachers-advisors-llc.html.
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.
Receive News & Ratings for Weyerhaeuser Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weyerhaeuser and related companies with MarketBeat.com's FREE daily email newsletter.