Integrated Investment Consultants LLC Makes New $760,000 Investment in Weyerhaeuser (NYSE:WY)

Integrated Investment Consultants LLC bought a new stake in shares of Weyerhaeuser (NYSE:WY) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 27,000 shares of the real estate investment trust’s stock, valued at approximately $760,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Oakworth Capital Inc. purchased a new stake in shares of Weyerhaeuser during the 3rd quarter worth $25,000. Itau Unibanco Holding S.A. bought a new position in Weyerhaeuser in the second quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of 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 valued at $32,000 after buying an additional 928 shares during the last quarter. Bangor Savings Bank boosted its holdings in shares of Weyerhaeuser by 140.3% in the 3rd quarter. Bangor Savings Bank now owns 1,115 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 651 shares in the last quarter. Finally, Meeder Asset Management Inc. grew its position in shares of Weyerhaeuser by 172.4% in the 3rd quarter. Meeder Asset Management Inc. now owns 1,136 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 719 shares during the last quarter. 82.99% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on WY shares. Cibc World Mkts raised shares of Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. BMO Capital Markets upgraded 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. Truist Financial dropped their target price on Weyerhaeuser from $34.00 to $33.00 and set a “hold” rating on the stock in a research note on Monday, January 6th. Citigroup decreased their price target on Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, StockNews.com downgraded Weyerhaeuser from a “hold” rating to a “sell” rating in a report on Friday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $35.14.

Weyerhaeuser Stock Up 0.7 %

Weyerhaeuser stock opened at $30.24 on Friday. The business’s 50-day simple moving average is $29.82 and its two-hundred day simple moving average is $30.73. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.41 and a current ratio of 2.01. The company has a market cap of $21.97 billion, a PE ratio of 40.86 and a beta of 1.42. Weyerhaeuser has a fifty-two week low of $26.73 and a fifty-two week high of $36.27.

Weyerhaeuser (NYSE:WY) last issued its earnings results on Thursday, October 24th. The real estate investment trust reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.03. Weyerhaeuser had a return on equity of 4.21% and a net margin of 7.43%. The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.70 billion. During the same quarter in the prior year, the firm earned $0.33 earnings per share. Weyerhaeuser’s revenue for the quarter was down 13.3% on a year-over-year basis. Equities analysts anticipate that Weyerhaeuser will post 0.49 EPS for the current year.

Weyerhaeuser Dividend Announcement

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 $0.20 dividend. The ex-dividend date was Friday, November 29th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.65%. Weyerhaeuser’s payout ratio is currently 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.