Weyerhaeuser (NYSE:WY) Shares Purchased by Robinson Value Management Ltd.

Robinson Value Management Ltd. lifted its position in Weyerhaeuser (NYSE:WY) by 0.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 121,998 shares of the real estate investment trust’s stock after acquiring an additional 517 shares during the period. Weyerhaeuser accounts for 2.7% of Robinson Value Management Ltd.’s holdings, making the stock its 13th largest position. Robinson Value Management Ltd.’s holdings in Weyerhaeuser were worth $4,131,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the company. Ridgewood Investments LLC acquired a new position in Weyerhaeuser during the second quarter worth $26,000. Itau Unibanco Holding S.A. acquired a new position in Weyerhaeuser during the second quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Weyerhaeuser by 4,884.2% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 947 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 928 shares during the last quarter. Northwest Investment Counselors LLC acquired a new position in Weyerhaeuser during the first quarter worth $33,000. Finally, Park Place Capital Corp boosted its stake in Weyerhaeuser by 440.5% during the second quarter. Park Place Capital Corp now owns 1,227 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 1,000 shares during the last quarter. 82.99% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

Analysts Set New Price Targets

A number of equities analysts have weighed in on WY shares. Argus raised Weyerhaeuser to a “hold” rating in a research note on Friday, August 9th. Citigroup decreased their price target on Weyerhaeuser from $37.00 to $36.00 and set a “buy” rating on the stock in a research note on Tuesday, July 30th. Truist Financial upped their price target on Weyerhaeuser from $31.00 to $34.00 and gave the company a “hold” rating in a research note on Tuesday, October 15th. Royal Bank of Canada upped their price target on Weyerhaeuser from $34.00 to $37.00 and gave the company an “outperform” rating in a research note on Monday, July 29th. Finally, DA Davidson decreased their price target on Weyerhaeuser from $37.00 to $36.00 and set a “buy” rating on the stock in a research note on Monday, July 29th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, Weyerhaeuser presently has a consensus rating of “Hold” and a consensus target price of $36.33.

Weyerhaeuser Trading Down 2.2 %

Shares of WY stock traded down $0.72 on Monday, hitting $32.34. The stock had a trading volume of 570,900 shares, compared to its average volume of 3,620,640. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.19 and a quick ratio of 1.58. The firm has a market capitalization of $23.52 billion, a P/E ratio of 32.10 and a beta of 1.40. Weyerhaeuser has a 1 year low of $26.73 and a 1 year high of $36.27. The company’s 50 day moving average price is $31.86 and its 200-day moving average price is $30.91.

Weyerhaeuser (NYSE:WY) last posted its quarterly earnings data on Thursday, July 25th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.01). The firm had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.98 billion. Weyerhaeuser had a net margin of 9.89% and a return on equity of 6.19%. Weyerhaeuser’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.32 EPS. Analysts anticipate that Weyerhaeuser will post 0.48 earnings per share for the current year.

Weyerhaeuser Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Friday, August 30th were issued a dividend of $0.20 per share. The ex-dividend date was Friday, August 30th. This represents a $0.80 annualized dividend and a yield of 2.47%. Weyerhaeuser’s dividend payout ratio (DPR) is 77.67%.

Weyerhaeuser 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.