U S Global Investors Inc. Invests $339,000 in Weyerhaeuser (NYSE:WY)

U S Global Investors Inc. bought a new stake in Weyerhaeuser (NYSE:WY) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,000 shares of the real estate investment trust’s stock, valued at approximately $339,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Larson Financial Group LLC boosted its position in shares of Weyerhaeuser by 0.8% in the first quarter. Larson Financial Group LLC now owns 43,003 shares of the real estate investment trust’s stock valued at $1,544,000 after acquiring an additional 348 shares during the period. Wedmont Private Capital raised its stake in Weyerhaeuser by 4.4% in the 3rd quarter. Wedmont Private Capital now owns 8,304 shares of the real estate investment trust’s stock worth $273,000 after purchasing an additional 350 shares in the last quarter. Institute for Wealth Management LLC. boosted its holdings in Weyerhaeuser by 2.2% in the 2nd quarter. Institute for Wealth Management LLC. now owns 16,731 shares of the real estate investment trust’s stock valued at $475,000 after purchasing an additional 366 shares during the period. CWM LLC grew its position in shares of Weyerhaeuser by 2.2% during the 3rd quarter. CWM LLC now owns 17,185 shares of the real estate investment trust’s stock worth $582,000 after purchasing an additional 368 shares in the last quarter. Finally, Trust Co. of Toledo NA OH increased its holdings in shares of Weyerhaeuser by 0.9% during the third quarter. Trust Co. of Toledo NA OH now owns 43,019 shares of the real estate investment trust’s stock worth $1,457,000 after purchasing an additional 402 shares during the period. 82.99% of the stock is owned by institutional investors.

Insider Transactions at Weyerhaeuser

In other Weyerhaeuser news, Director James Calvin O’rourke acquired 7,800 shares of the company’s stock in a transaction on Friday, September 13th. The stock was 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. This represents a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Weyerhaeuser news, Director Albert Monaco acquired 31,500 shares of the business’s stock in a transaction on Monday, August 26th. The shares were acquired at an average price of $31.38 per share, for a total transaction of $988,470.00. Following the completion of the acquisition, the director now 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 Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director James Calvin O’rourke acquired 7,800 shares of the business’s stock in a transaction on Friday, September 13th. The stock was 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 of the company’s stock, valued at approximately $565,680.72. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. 0.27% of the stock is currently owned by company insiders.

Weyerhaeuser Price Performance

NYSE WY traded down $0.35 on Tuesday, hitting $31.94. The stock had a trading volume of 138,818 shares, compared to its average volume of 3,611,664. The firm has a 50-day moving average of $31.90 and a 200-day moving average of $30.89. The company has a market capitalization of $23.28 billion, a price-to-earnings ratio of 29.35 and a beta of 1.40. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.58 and a current ratio of 2.19. Weyerhaeuser has a 52-week low of $26.73 and a 52-week high of $36.27.

Weyerhaeuser (NYSE:WY) last announced its earnings results 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). Weyerhaeuser had a return on equity of 6.19% and a net margin of 9.89%. The company had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.98 billion. During the same quarter last year, the firm posted $0.32 earnings per share. The firm’s revenue was up 3.1% on a year-over-year basis. Equities analysts expect that Weyerhaeuser will post 0.48 EPS for the current year.

Weyerhaeuser Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Friday, August 30th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.50%. The ex-dividend date of this dividend was Friday, August 30th. Weyerhaeuser’s dividend payout ratio (DPR) is 72.73%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. DA Davidson dropped 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. Citigroup lowered their price objective on Weyerhaeuser from $37.00 to $36.00 and set a “buy” rating for the company in a research report on Tuesday, July 30th. 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. Royal Bank of Canada upped their target price on shares of Weyerhaeuser from $34.00 to $37.00 and gave the stock an “outperform” rating in a report on Monday, July 29th. Finally, Argus raised Weyerhaeuser to a “hold” rating in a research report on Friday, August 9th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $36.33.

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.