Weyerhaeuser Co (NYSE:WY) Shares Acquired by IFM Investors Pty Ltd

IFM Investors Pty Ltd lifted its position in shares of Weyerhaeuser Co (NYSE:WY) by 66.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 82,591 shares of the real estate investment trust’s stock after buying an additional 33,011 shares during the period. IFM Investors Pty Ltd’s holdings in Weyerhaeuser were worth $2,288,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Stelac Advisory Services LLC raised its stake in shares of Weyerhaeuser by 7.2% in the 3rd quarter. Stelac Advisory Services LLC now owns 5,627 shares of the real estate investment trust’s stock valued at $156,000 after acquiring an additional 379 shares during the period. Chilton Capital Management LLC grew its holdings in Weyerhaeuser by 4.0% during the 2nd quarter. Chilton Capital Management LLC now owns 10,400 shares of the real estate investment trust’s stock valued at $274,000 after purchasing an additional 400 shares in the last quarter. M&R Capital Management Inc. grew its holdings in Weyerhaeuser by 29.2% during the 3rd quarter. M&R Capital Management Inc. now owns 1,768 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 400 shares in the last quarter. Wedbush Securities Inc. grew its holdings in Weyerhaeuser by 0.9% during the 2nd quarter. Wedbush Securities Inc. now owns 44,645 shares of the real estate investment trust’s stock valued at $1,176,000 after purchasing an additional 413 shares in the last quarter. Finally, Allworth Financial LP grew its holdings in Weyerhaeuser by 85.7% during the 3rd quarter. Allworth Financial LP now owns 925 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 427 shares in the last quarter. 77.00% of the stock is currently owned by institutional investors and hedge funds.

WY has been the subject of a number of recent analyst reports. Scotiabank set a $28.50 price target on shares of Weyerhaeuser and gave the company a “hold” rating in a report on Friday, October 25th. Royal Bank of Canada reaffirmed a “buy” rating on shares of Weyerhaeuser in a report on Tuesday, September 17th. ValuEngine raised shares of Weyerhaeuser from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd. Bank of America set a $31.00 price target on shares of Weyerhaeuser and gave the company a “hold” rating in a report on Friday, October 25th. Finally, BMO Capital Markets set a $32.00 price target on shares of Weyerhaeuser and gave the company a “buy” rating in a report on Tuesday, September 17th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $30.93.

WY stock traded up $0.15 during mid-day trading on Friday, hitting $29.50. 12,468 shares of the company were exchanged, compared to its average volume of 3,338,382. The company has a market capitalization of $22.11 billion, a PE ratio of 24.90 and a beta of 1.66. The company has a current ratio of 1.55, a quick ratio of 1.22 and a debt-to-equity ratio of 0.72. Weyerhaeuser Co has a twelve month low of $20.52 and a twelve month high of $30.28. The firm has a fifty day simple moving average of $28.17 and a 200 day simple moving average of $26.14.

Weyerhaeuser (NYSE:WY) last announced its quarterly earnings data on Friday, October 25th. The real estate investment trust reported $0.08 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.02). The company had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.71 billion. Weyerhaeuser had a positive return on equity of 3.78% and a negative net margin of 2.33%. Weyerhaeuser’s revenue was down 12.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.28 earnings per share. As a group, sell-side analysts anticipate that Weyerhaeuser Co will post 0.49 earnings per share for the current year.

Weyerhaeuser Company Profile

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control 12.2 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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