Trium Capital LLP Raises Stock Position in Weyerhaeuser (NYSE:WY)

Trium Capital LLP grew its holdings in shares of Weyerhaeuser (NYSE:WY) by 159.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,854 shares of the real estate investment trust’s stock after buying an additional 12,191 shares during the quarter. Weyerhaeuser accounts for approximately 0.1% of Trium Capital LLP’s holdings, making the stock its 27th biggest holding. Trium Capital LLP’s holdings in Weyerhaeuser were worth $559,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Oakworth Capital Inc. bought a new position in Weyerhaeuser during the 3rd quarter valued at about $25,000. Itau Unibanco Holding S.A. purchased a new position in Weyerhaeuser during the 2nd quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. grew its position in Weyerhaeuser by 4,884.2% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 947 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 928 shares during the last quarter. Bangor Savings Bank increased its stake in Weyerhaeuser by 140.3% in the third quarter. Bangor Savings Bank now owns 1,115 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 651 shares during the period. Finally, Meeder Asset Management Inc. lifted its position in shares of Weyerhaeuser by 172.4% during the third quarter. Meeder Asset Management Inc. now owns 1,136 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 719 shares during the last quarter. Institutional investors own 82.99% of the company’s stock.

Weyerhaeuser Stock Up 0.7 %

Weyerhaeuser stock opened at $30.24 on Friday. The company has a quick ratio of 1.41, a current ratio of 2.01 and a debt-to-equity ratio of 0.49. The firm has a market cap of $21.97 billion, a P/E ratio of 40.86 and a beta of 1.42. The business has a fifty day moving average of $29.82 and a two-hundred day moving average of $30.73. Weyerhaeuser has a twelve month low of $26.73 and a twelve month high of $36.27.

Weyerhaeuser (NYSE:WY) last issued its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.05 earnings per share for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $1.70 billion. During the same period in the prior year, the business posted $0.33 EPS. The firm’s quarterly revenue was down 13.3% on a year-over-year basis. On average, analysts forecast that Weyerhaeuser will post 0.49 earnings per share for the current fiscal year.

Weyerhaeuser Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date of this dividend was Friday, November 29th. Weyerhaeuser’s payout ratio is currently 108.11%.

Analyst Ratings Changes

A number of research firms have recently commented on WY. Citigroup cut their price target on shares of Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday. CIBC upgraded shares of Weyerhaeuser from a “neutral” rating to an “outperformer” rating and set a $35.00 target price on the stock in a research note on Wednesday. StockNews.com downgraded shares of Weyerhaeuser from a “hold” rating to a “sell” rating in a research note on Friday. Truist Financial dropped their price objective on Weyerhaeuser from $34.00 to $33.00 and set a “hold” rating on the stock in a research note on Monday, January 6th. Finally, Cibc World Mkts raised Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $35.14.

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.