Cambiar Investors LLC Has $29.46 Million Position in Weyerhaeuser Company $WY

Cambiar Investors LLC decreased its holdings in shares of Weyerhaeuser Company (NYSE:WY) by 6.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,188,380 shares of the real estate investment trust’s stock after selling 85,297 shares during the quarter. Cambiar Investors LLC owned approximately 0.16% of Weyerhaeuser worth $29,460,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Hantz Financial Services Inc. grew its stake in Weyerhaeuser by 86.3% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,125 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 521 shares during the last quarter. Tradewinds Capital Management LLC grew its position in shares of Weyerhaeuser by 401.3% in the third quarter. Tradewinds Capital Management LLC now owns 1,198 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 959 shares during the last quarter. Cromwell Holdings LLC increased its stake in shares of Weyerhaeuser by 58.3% during the third quarter. Cromwell Holdings LLC now owns 1,361 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 501 shares during the period. Private Wealth Asset Management LLC lifted its holdings in Weyerhaeuser by 135.2% during the 2nd quarter. Private Wealth Asset Management LLC now owns 1,404 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 807 shares during the last quarter. Finally, Operose Advisors LLC acquired a new stake in Weyerhaeuser during the 2nd quarter worth approximately $41,000. 82.99% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on WY shares. Zacks Research upgraded shares of Weyerhaeuser from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 12th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Weyerhaeuser in a report on Monday, December 29th. Citigroup boosted their price target on Weyerhaeuser from $26.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Royal Bank Of Canada lowered their price objective on Weyerhaeuser from $31.00 to $30.00 and set an “outperform” rating on the stock in a research note on Monday, November 3rd. Finally, CIBC reiterated an “outperform” rating on shares of Weyerhaeuser in a research report on Friday, December 12th. Six investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $28.50.

Insider Buying and Selling at Weyerhaeuser

In other Weyerhaeuser news, CEO Devin W. Stockfish sold 90,162 shares of the company’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $23.33, for a total value of $2,103,479.46. Following the completion of the transaction, the chief executive officer owned 1,024,861 shares of the company’s stock, valued at $23,910,007.13. This represents a 8.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Sara Grootwassink Lewis bought 4,500 shares of the company’s stock in a transaction on Wednesday, December 17th. The stock was purchased at an average price of $23.61 per share, with a total value of $106,245.00. Following the completion of the transaction, the director directly owned 25,978 shares of the company’s stock, valued at approximately $613,340.58. The trade was a 20.95% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.27% of the stock is currently owned by corporate insiders.

Weyerhaeuser Stock Performance

NYSE:WY opened at $26.21 on Wednesday. The company has a quick ratio of 0.78, a current ratio of 1.23 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $18.89 billion, a PE ratio of 58.23, a price-to-earnings-growth ratio of 98.79 and a beta of 1.04. Weyerhaeuser Company has a twelve month low of $21.16 and a twelve month high of $31.66. The stock’s 50-day simple moving average is $23.86 and its 200 day simple moving average is $24.41.

Weyerhaeuser (NYSE:WY) last posted its earnings results on Thursday, October 30th. The real estate investment trust reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.13. The firm had revenue of $1.72 billion during the quarter, compared to analysts’ expectations of $1.71 billion. Weyerhaeuser had a net margin of 4.68% and a return on equity of 3.04%. The business’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.05 earnings per share. On average, analysts anticipate that Weyerhaeuser Company will post 0.78 EPS for the current fiscal year.

Weyerhaeuser Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 12th. Shareholders of record on Friday, November 28th were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, November 28th. Weyerhaeuser’s payout ratio is presently 186.67%.

Weyerhaeuser Company Profile

Weyerhaeuser Company (NYSE: WY) is a leading integrated forest products company whose core businesses are timberland ownership and forest products manufacturing. The company owns and manages large tracts of timberland and harvests, processes and sells wood and wood-derived products used primarily in residential and industrial construction. Its manufacturing operations produce a range of building materials, including lumber, engineered wood products and wood panels, alongside fiber-based products that serve multiple commercial applications.

Founded in 1900 by Frederick Weyerhaeuser and headquartered in Seattle, Washington, the company has a long history in the North American forest products industry.