Stephens Inc. AR Lowers Stake in Weyerhaeuser (NYSE:WY)

Stephens Inc. AR lowered its position in shares of Weyerhaeuser (NYSE:WY) by 8.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 17,384 shares of the real estate investment trust’s stock after selling 1,704 shares during the period. Stephens Inc. AR’s holdings in Weyerhaeuser were worth $489,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Oak Thistle LLC purchased a new position in Weyerhaeuser during the fourth quarter valued at approximately $1,214,000. Sonora Investment Management Group LLC lifted its holdings in shares of Weyerhaeuser by 56.5% in the fourth quarter. Sonora Investment Management Group LLC now owns 51,785 shares of the real estate investment trust’s stock worth $1,458,000 after buying an additional 18,698 shares in the last quarter. Czech National Bank lifted its holdings in shares of 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 buying an additional 9,377 shares in the last quarter. Inspire Trust Co. N.A. lifted its holdings in shares of 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 buying an additional 75,000 shares in the last quarter. Finally, Franklin Resources Inc. lifted its holdings in shares of Weyerhaeuser by 10.2% in the third quarter. Franklin Resources Inc. now owns 729,570 shares of the real estate investment trust’s stock worth $23,777,000 after buying an additional 67,314 shares in the last quarter. Hedge funds and other institutional investors own 82.99% of the company’s stock.

Weyerhaeuser Trading Down 0.3 %

WY stock opened at $29.60 on Friday. The company has a quick ratio of 1.17, a current ratio of 1.79 and a debt-to-equity ratio of 0.50. Weyerhaeuser has a twelve month low of $26.73 and a twelve month high of $36.27. The stock has a market capitalization of $21.51 billion, a price-to-earnings ratio of 53.82, a price-to-earnings-growth ratio of 4.69 and a beta of 1.42. The firm’s fifty day simple moving average is $29.41 and its two-hundred day simple moving average is $30.89.

Weyerhaeuser (NYSE:WY) last posted its quarterly earnings data on Thursday, January 30th. The real estate investment trust reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.04. Weyerhaeuser had a net margin of 5.56% and a return on equity of 3.86%. As a group, analysts anticipate that Weyerhaeuser will post 0.8 earnings per share for the current year.

Weyerhaeuser Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be given a dividend of $0.21 per share. This is a boost from Weyerhaeuser’s previous quarterly dividend of $0.20. The ex-dividend date is Friday, March 7th. This represents a $0.84 dividend on an annualized basis and a yield of 2.84%. Weyerhaeuser’s payout ratio is 145.46%.

Analysts Set New Price Targets

Several equities analysts have recently commented on WY shares. Truist Financial lowered their target price on shares of Weyerhaeuser from $34.00 to $33.00 and set a “hold” rating on the stock in a report on Monday, January 6th. BMO Capital Markets raised 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. Royal Bank of Canada restated an “outperform” rating and issued a $36.00 price target on shares of Weyerhaeuser in a research report on Monday, February 3rd. Citigroup reduced their price target on shares of Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. Finally, Cibc World Mkts upgraded shares of Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 15th. Three research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Weyerhaeuser currently has a consensus rating of “Moderate Buy” and a consensus price target of $35.00.

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.