Weyerhaeuser Company $WY Holdings Increased by 180 Wealth Advisors LLC

180 Wealth Advisors LLC lifted its stake in Weyerhaeuser Company (NYSE:WY) by 75.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 59,785 shares of the real estate investment trust’s stock after acquiring an additional 25,735 shares during the period. 180 Wealth Advisors LLC’s holdings in Weyerhaeuser were worth $1,416,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Wellington Management Group LLP increased its position in shares of Weyerhaeuser by 6.3% during the 3rd quarter. Wellington Management Group LLP now owns 39,646,897 shares of the real estate investment trust’s stock valued at $982,847,000 after purchasing an additional 2,343,724 shares during the period. State Street Corp grew its holdings in Weyerhaeuser by 1.9% during the third quarter. State Street Corp now owns 32,468,597 shares of the real estate investment trust’s stock worth $804,897,000 after acquiring an additional 602,901 shares during the period. Norges Bank bought a new stake in Weyerhaeuser in the second quarter worth about $600,502,000. Bank of New York Mellon Corp lifted its holdings in Weyerhaeuser by 10.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 14,950,516 shares of the real estate investment trust’s stock valued at $370,623,000 after acquiring an additional 1,400,050 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Weyerhaeuser by 11.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 13,306,064 shares of the real estate investment trust’s stock valued at $341,833,000 after acquiring an additional 1,374,109 shares during the last quarter. 82.99% of the stock is currently owned by institutional investors.

Weyerhaeuser Price Performance

WY stock opened at $22.49 on Monday. Weyerhaeuser Company has a one year low of $21.16 and a one year high of $30.06. The firm has a 50-day moving average of $25.53 and a two-hundred day moving average of $24.26. The firm has a market capitalization of $16.21 billion, a PE ratio of 51.11 and a beta of 1.03. The company has a current ratio of 1.29, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54.

Weyerhaeuser (NYSE:WY) last released its quarterly earnings results on Thursday, January 29th. The real estate investment trust reported ($0.09) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.04. The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.58 billion. Weyerhaeuser had a net margin of 4.69% and a return on equity of 1.50%. The firm’s revenue was down 9.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.11 earnings per share. On average, analysts forecast that Weyerhaeuser Company will post 0.78 earnings per share for the current year.

Weyerhaeuser Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 10th were paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Tuesday, March 10th. Weyerhaeuser’s payout ratio is 190.91%.

Insider Buying and Selling at Weyerhaeuser

In other Weyerhaeuser news, Director Richard Beckwitt bought 20,000 shares of Weyerhaeuser stock in a transaction dated Thursday, February 19th. The stock was bought at an average price of $25.70 per share, for a total transaction of $514,000.00. Following the completion of the acquisition, the director directly owned 24,066 shares of the company’s stock, valued at approximately $618,496.20. This trade represents a 491.88% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director James Calvin O’rourke bought 4,000 shares of the firm’s stock in a transaction dated Friday, February 20th. The stock was acquired at an average cost of $25.35 per share, with a total value of $101,400.00. Following the transaction, the director owned 28,661 shares of the company’s stock, valued at $726,556.35. This trade represents a 16.22% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.27% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on WY shares. UBS Group reaffirmed a “buy” rating on shares of Weyerhaeuser in a research note on Monday, December 15th. Citigroup increased their target price on shares of Weyerhaeuser from $30.00 to $32.00 and gave the company a “buy” rating in a research note on Friday, February 13th. DA Davidson restated a “buy” rating and set a $31.00 target price on shares of Weyerhaeuser in a report on Monday, February 2nd. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Weyerhaeuser in a research report on Friday, December 12th. Finally, Wall Street Zen cut Weyerhaeuser from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. Six equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $28.88.

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.