First Affirmative Financial Network Acquires 652 Shares of Weyerhaeuser (NYSE:WY)

First Affirmative Financial Network raised its holdings in Weyerhaeuser (NYSE:WY) by 5.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,414 shares of the real estate investment trust’s stock after acquiring an additional 652 shares during the quarter. First Affirmative Financial Network’s holdings in Weyerhaeuser were worth $349,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of WY. Oak Thistle LLC acquired a new stake in shares of Weyerhaeuser in the 4th quarter valued at approximately $1,214,000. Czech National Bank raised its holdings in Weyerhaeuser by 6.3% in the fourth quarter. Czech National Bank now owns 157,538 shares of the real estate investment trust’s stock worth $4,435,000 after purchasing an additional 9,377 shares during the period. Inspire Trust Co. N.A. raised its holdings in Weyerhaeuser by 148.2% in the third quarter. Inspire Trust Co. N.A. now owns 125,620 shares of the real estate investment trust’s stock worth $4,253,000 after purchasing an additional 75,000 shares during the period. Franklin Resources Inc. grew its holdings in shares of Weyerhaeuser by 10.2% in the 3rd quarter. Franklin Resources Inc. now owns 729,570 shares of the real estate investment trust’s stock valued at $23,777,000 after buying an additional 67,314 shares during the period. Finally, Nordea Investment Management AB grew its holdings in shares of Weyerhaeuser by 10.5% in the 4th quarter. Nordea Investment Management AB now owns 1,923,093 shares of the real estate investment trust’s stock valued at $54,231,000 after buying an additional 181,973 shares during the period. Institutional investors and hedge funds own 82.99% of the company’s stock.

Analyst Ratings Changes

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

Weyerhaeuser Stock Performance

Shares of WY opened at $30.57 on Thursday. The stock has a market capitalization of $22.21 billion, a price-to-earnings ratio of 41.31 and a beta of 1.42. Weyerhaeuser has a 12 month low of $26.73 and a 12 month high of $36.27. The firm has a fifty day simple moving average of $29.73 and a 200 day simple moving average of $30.90. The company has a current ratio of 2.01, a quick ratio of 1.41 and a debt-to-equity ratio of 0.49.

Weyerhaeuser Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.62%. Weyerhaeuser’s dividend payout ratio is 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.