Capital Performance Advisors LLP Invests $50,000 in Weyerhaeuser (NYSE:WY)

Capital Performance Advisors LLP purchased a new position in Weyerhaeuser (NYSE:WY) during the 3rd quarter, Holdings Channel reports. The fund purchased 1,468 shares of the real estate investment trust’s stock, valued at approximately $50,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Oakworth Capital Inc. purchased a new stake in shares of Weyerhaeuser in the 3rd quarter worth $25,000. Ridgewood Investments LLC bought a new stake in shares of Weyerhaeuser in the second quarter valued at about $26,000. Itau Unibanco Holding S.A. purchased a new stake in Weyerhaeuser in the second quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Weyerhaeuser by 4,884.2% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 947 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 928 shares in the last quarter. Finally, Park Place Capital Corp increased its position in Weyerhaeuser by 440.5% during the 2nd quarter. Park Place Capital Corp now owns 1,227 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 1,000 shares during the period. Institutional investors own 82.99% of the company’s stock.

Analyst Upgrades and Downgrades

WY has been the subject of several research reports. Citigroup lowered their price target on shares of Weyerhaeuser from $37.00 to $36.00 and set a “buy” rating for the company in a research report on Tuesday, July 30th. StockNews.com cut Weyerhaeuser from a “hold” rating to a “sell” rating in a research report on Monday, October 28th. BMO Capital Markets reaffirmed a “market perform” rating and set a $38.00 price objective on shares of Weyerhaeuser in a research report on Tuesday, July 30th. DA Davidson reduced their target price on shares of Weyerhaeuser from $37.00 to $36.00 and set a “buy” rating for the company in a report on Monday, July 29th. Finally, Royal Bank of Canada raised their price target on shares of Weyerhaeuser from $34.00 to $37.00 and gave the company an “outperform” rating in a report on Monday, July 29th. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $36.33.

Insider Buying and Selling at Weyerhaeuser

In other news, Director James Calvin O’rourke bought 7,800 shares of the firm’s stock in a transaction that occurred on Friday, September 13th. The stock was purchased at an average price of $32.01 per share, with a total value of $249,678.00. Following the completion of the acquisition, the director now directly owns 17,672 shares of the company’s stock, valued at $565,680.72. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Weyerhaeuser news, Director James Calvin O’rourke acquired 7,800 shares of the business’s stock in a transaction dated Friday, September 13th. The shares were purchased at an average price of $32.01 per share, for a total transaction of $249,678.00. Following the completion of the purchase, the director now directly owns 17,672 shares of the company’s stock, valued at $565,680.72. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Albert Monaco bought 31,500 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The shares were acquired at an average price of $31.38 per share, with a total value of $988,470.00. Following the completion of the transaction, the director now directly owns 70,726 shares of the company’s stock, valued at $2,219,381.88. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.27% of the company’s stock.

Weyerhaeuser Price Performance

Shares of WY stock opened at $31.89 on Monday. The firm has a market capitalization of $23.17 billion, a price-to-earnings ratio of 43.09 and a beta of 1.40. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.41 and a current ratio of 2.01. The stock’s 50-day simple moving average is $32.24 and its 200-day simple moving average is $30.79. Weyerhaeuser has a fifty-two week low of $26.73 and a fifty-two week high of $36.27.

Weyerhaeuser (NYSE:WY) last posted its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. The business had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.70 billion. Weyerhaeuser had a net margin of 7.43% and a return on equity of 4.21%. The business’s quarterly revenue was down 13.3% on a year-over-year basis. During the same quarter last year, the company posted $0.33 earnings per share. As a group, equities analysts forecast that Weyerhaeuser will post 0.46 earnings per share for the current fiscal year.

Weyerhaeuser Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.51%. Weyerhaeuser’s dividend payout ratio is currently 108.11%.

Weyerhaeuser Company Profile

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control approximately 11 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.