Moser Wealth Advisors LLC Trims Holdings in Weyerhaeuser (NYSE:WY)

Moser Wealth Advisors LLC decreased its holdings in shares of Weyerhaeuser (NYSE:WY) by 9.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,830 shares of the real estate investment trust’s stock after selling 1,950 shares during the period. Moser Wealth Advisors LLC’s holdings in Weyerhaeuser were worth $558,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Fiduciary Trust Co raised its holdings in shares of Weyerhaeuser by 0.6% in the third quarter. Fiduciary Trust Co now owns 53,185 shares of the real estate investment trust’s stock worth $1,801,000 after buying an additional 331 shares during the period. Wedmont Private Capital increased its stake in Weyerhaeuser by 4.4% in the third 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 during the period. HB Wealth Management LLC lifted its position in shares of Weyerhaeuser by 2.4% during the fourth quarter. HB Wealth Management LLC now owns 15,041 shares of the real estate investment trust’s stock worth $423,000 after purchasing an additional 357 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in shares of Weyerhaeuser by 2.5% during the third quarter. Integrated Wealth Concepts LLC now owns 15,291 shares of the real estate investment trust’s stock valued at $518,000 after purchasing an additional 367 shares during the period. Finally, CWM LLC grew its holdings in shares of Weyerhaeuser by 2.2% in the third 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 during the last quarter. Hedge funds and other institutional investors own 82.99% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. BMO Capital Markets upgraded shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $38.00 price objective for the company in a report on Friday, December 6th. StockNews.com raised Weyerhaeuser from a “sell” rating to a “hold” rating in a research note on Thursday. Citigroup decreased their target price on Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating for the company in a research report on Wednesday, January 15th. Cibc World Mkts raised Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 15th. Finally, Truist Financial lowered their price objective on shares of Weyerhaeuser from $34.00 to $33.00 and set a “hold” rating for the company in a research note on Monday, January 6th. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $35.00.

Weyerhaeuser Stock Down 1.3 %

Shares of WY stock opened at $30.04 on Friday. The stock’s fifty day moving average price is $29.54 and its 200 day moving average price is $30.91. Weyerhaeuser has a 1-year low of $26.73 and a 1-year high of $36.27. The company has a market cap of $21.83 billion, a price-to-earnings ratio of 54.62, a price-to-earnings-growth ratio of 4.69 and a beta of 1.42. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.79 and a quick ratio of 1.17.

Weyerhaeuser (NYSE:WY) last issued its quarterly earnings results on Thursday, January 30th. The real estate investment trust reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.04. Weyerhaeuser had a return on equity of 3.86% and a net margin of 5.56%. On average, research analysts expect that Weyerhaeuser will post 0.8 earnings per share for the current fiscal year.

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.