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

Moser Wealth Advisors LLC lessened its holdings in shares of Weyerhaeuser (NYSE:WY) by 9.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,780 shares of the real estate investment trust’s stock after selling 2,275 shares during the period. Moser Wealth Advisors LLC’s holdings in Weyerhaeuser were worth $737,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Victory Capital Management Inc. increased its holdings in Weyerhaeuser by 11.8% in the third quarter. Victory Capital Management Inc. now owns 457,002 shares of the real estate investment trust’s stock valued at $15,474,000 after buying an additional 48,137 shares in the last quarter. GSA Capital Partners LLP purchased a new position in Weyerhaeuser in the third quarter valued at $440,000. Entropy Technologies LP grew its position in shares of Weyerhaeuser by 162.2% in the third quarter. Entropy Technologies LP now owns 109,745 shares of the real estate investment trust’s stock valued at $3,716,000 after purchasing an additional 67,897 shares during the period. Lynx Investment Advisory grew its position in shares of Weyerhaeuser by 10,059.0% in the third quarter. Lynx Investment Advisory now owns 6,197 shares of the real estate investment trust’s stock valued at $210,000 after purchasing an additional 6,136 shares during the period. Finally, Catalytic Wealth RIA LLC grew its position in shares of Weyerhaeuser by 31.0% in the third quarter. Catalytic Wealth RIA LLC now owns 9,404 shares of the real estate investment trust’s stock valued at $318,000 after purchasing an additional 2,228 shares during the period. Hedge funds and other institutional investors own 82.99% of the company’s stock.

Insider Buying and Selling

In other Weyerhaeuser news, Director Albert Monaco bought 31,500 shares of the business’s stock in a transaction that occurred on Monday, August 26th. The shares were purchased at an average cost of $31.38 per share, with a total value of $988,470.00. Following the purchase, the director now directly owns 70,726 shares in the company, valued at approximately $2,219,381.88. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, Director James Calvin O’rourke purchased 7,800 shares of the stock in a transaction on Friday, September 13th. The stock was bought at an average price of $32.01 per share, for a total transaction of $249,678.00. Following the acquisition, the director now directly owns 17,672 shares of the company’s stock, valued at approximately $565,680.72. The trade was a 0.00 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Albert Monaco bought 31,500 shares of the stock in a transaction dated Monday, August 26th. The stock was bought at an average price of $31.38 per share, with a total value of $988,470.00. Following the acquisition, the director now owns 70,726 shares in the company, valued at approximately $2,219,381.88. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. 0.30% of the stock is owned by insiders.

Weyerhaeuser Price Performance

Weyerhaeuser stock opened at $30.68 on Wednesday. The company’s 50 day simple moving average is $32.26 and its 200-day simple moving average is $30.78. The company has a market capitalization of $22.29 billion, a price-to-earnings ratio of 41.46 and a beta of 1.40. Weyerhaeuser has a 1 year low of $26.73 and a 1 year high of $36.27. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.41 and a current ratio of 2.01.

Weyerhaeuser (NYSE:WY) last released its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.03. Weyerhaeuser had a net margin of 7.43% and a return on equity of 4.21%. The business had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.70 billion. During the same period in the previous year, the firm earned $0.33 EPS. The business’s revenue was down 13.3% on a year-over-year basis. As a group, equities research analysts expect that Weyerhaeuser will post 0.46 earnings per share for the current year.

Weyerhaeuser Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 2.61%. The ex-dividend date is Friday, November 29th. Weyerhaeuser’s payout ratio is currently 108.11%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on WY shares. StockNews.com lowered shares of Weyerhaeuser from a “hold” rating to a “sell” rating in a research report on Monday, October 28th. Truist Financial lifted their target price on shares of Weyerhaeuser from $31.00 to $34.00 and gave the company a “hold” rating in a research report on Tuesday, October 15th. Argus upgraded shares of Weyerhaeuser to a “hold” rating in a research report on Friday, August 9th. Royal Bank of Canada lifted their target price on shares of Weyerhaeuser from $34.00 to $37.00 and gave the company an “outperform” rating in a research report on Monday, July 29th. Finally, Citigroup lowered their price target on shares of Weyerhaeuser from $37.00 to $36.00 and set a “buy” rating on the stock in a research report on Tuesday, July 30th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $36.33.

About Weyerhaeuser

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.