MassMutual Private Wealth & Trust FSB Purchases 448 Shares of Weyerhaeuser (NYSE:WY)

MassMutual Private Wealth & Trust FSB increased its position in Weyerhaeuser (NYSE:WY) by 9.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,976 shares of the real estate investment trust’s stock after buying an additional 448 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Weyerhaeuser were worth $140,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP raised its position in shares of Weyerhaeuser by 12.7% during the third quarter. Wellington Management Group LLP now owns 35,755,865 shares of the real estate investment trust’s stock worth $1,210,694,000 after acquiring an additional 4,035,048 shares during the last quarter. State Street Corp lifted its holdings in Weyerhaeuser by 2.5% in the third quarter. State Street Corp now owns 31,407,646 shares of the real estate investment trust’s stock valued at $1,063,463,000 after buying an additional 761,757 shares during the period. Geode Capital Management LLC boosted its position in Weyerhaeuser by 1.1% during the third quarter. Geode Capital Management LLC now owns 19,534,058 shares of the real estate investment trust’s stock valued at $659,422,000 after acquiring an additional 217,510 shares during the last quarter. Legal & General Group Plc grew its holdings in Weyerhaeuser by 4.6% during the 2nd quarter. Legal & General Group Plc now owns 11,428,336 shares of the real estate investment trust’s stock worth $324,450,000 after acquiring an additional 503,059 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in Weyerhaeuser by 5.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 8,740,119 shares of the real estate investment trust’s stock worth $295,940,000 after purchasing an additional 454,095 shares in the last quarter. Institutional investors and hedge funds own 82.99% of the company’s stock.

Weyerhaeuser Trading Up 0.6 %

WY opened at $29.93 on Friday. Weyerhaeuser has a one year low of $26.73 and a one year high of $36.27. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.01 and a quick ratio of 1.41. The business has a 50 day simple moving average of $29.77 and a two-hundred day simple moving average of $30.82. The firm has a market capitalization of $21.74 billion, a price-to-earnings ratio of 40.44 and a beta of 1.42.

Weyerhaeuser (NYSE:WY) last announced its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. The company had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.70 billion. Weyerhaeuser had a return on equity of 4.21% and a net margin of 7.43%. The firm’s revenue was down 13.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.33 earnings per share. Analysts predict that Weyerhaeuser will post 0.49 EPS for the current year.

Weyerhaeuser Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.67%. The ex-dividend date was Friday, November 29th. Weyerhaeuser’s dividend payout ratio is currently 108.11%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on WY. BMO Capital Markets raised shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $38.00 target price for the company in a research report on Friday, December 6th. StockNews.com cut Weyerhaeuser from a “hold” rating to a “sell” rating in a research report on Friday, January 17th. CIBC upgraded Weyerhaeuser from a “neutral” rating to an “outperformer” rating and set a $35.00 price objective on the stock in a research note on Wednesday, January 15th. Cibc World Mkts upgraded Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 15th. Finally, Raymond James upgraded Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 target price for the company in a research report on Monday, December 23rd. One research analyst has rated the stock with a sell rating, two have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $35.14.

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.