Shelton Capital Management cut its stake in shares of Weyerhaeuser Co (NYSE:WY) by 88.3% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,270 shares of the real estate investment trust’s stock after selling 130,500 shares during the period. Shelton Capital Management’s holdings in Weyerhaeuser were worth $609,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Trust Co. of Vermont grew its position in Weyerhaeuser by 4.3% during the third quarter. Trust Co. of Vermont now owns 78,401 shares of the real estate investment trust’s stock valued at $2,668,000 after purchasing an additional 3,231 shares in the last quarter. Eagle Ridge Investment Management grew its position in Weyerhaeuser by 3.0% during the fourth quarter. Eagle Ridge Investment Management now owns 189,348 shares of the real estate investment trust’s stock valued at $6,676,000 after purchasing an additional 5,439 shares in the last quarter. Atlantic Trust Group LLC grew its position in Weyerhaeuser by 8.2% during the third quarter. Atlantic Trust Group LLC now owns 359,958 shares of the real estate investment trust’s stock valued at $12,249,000 after purchasing an additional 27,233 shares in the last quarter. Asset Management One Co. Ltd. grew its position in Weyerhaeuser by 0.6% during the third quarter. Asset Management One Co. Ltd. now owns 1,197,067 shares of the real estate investment trust’s stock valued at $40,735,000 after purchasing an additional 7,084 shares in the last quarter. Finally, Schroder Investment Management Group grew its position in Weyerhaeuser by 11.8% during the third quarter. Schroder Investment Management Group now owns 184,820 shares of the real estate investment trust’s stock valued at $6,286,000 after purchasing an additional 19,570 shares in the last quarter. 74.79% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Weyerhaeuser Co (WY) opened at $33.79 on Friday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.47 and a quick ratio of 1.14. The company has a market cap of $25,510.00, a P/E ratio of 43.88, a price-to-earnings-growth ratio of 5.02 and a beta of 1.42. Weyerhaeuser Co has a 1 year low of $30.95 and a 1 year high of $37.89.

Weyerhaeuser (NYSE:WY) last posted its earnings results on Friday, February 2nd. The real estate investment trust reported $0.31 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.04). The business had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.89 billion. Weyerhaeuser had a return on equity of 9.62% and a net margin of 8.09%. The business’s revenue was up 14.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.14 earnings per share. sell-side analysts predict that Weyerhaeuser Co will post 1.34 EPS for the current fiscal year.

In other news, insider Rhonda D. Hunter sold 23,343 shares of the business’s stock in a transaction on Friday, November 24th. The shares were sold at an average price of $36.12, for a total value of $843,149.16. Following the completion of the sale, the insider now directly owns 98,973 shares in the company, valued at $3,574,904.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 1.20% of the company’s stock.

WY has been the topic of a number of research analyst reports. Argus boosted their price objective on shares of Weyerhaeuser from $37.00 to $39.00 and gave the company a “buy” rating in a research report on Thursday, November 2nd. Stephens initiated coverage on shares of Weyerhaeuser in a research report on Tuesday, October 24th. They issued an “equal weight” rating and a $35.00 target price for the company. TheStreet raised shares of Weyerhaeuser from a “c+” rating to a “b-” rating in a research report on Wednesday, November 8th. Zacks Investment Research downgraded shares of Weyerhaeuser from a “buy” rating to a “hold” rating and set a $39.00 target price for the company. in a research report on Saturday, January 13th. Finally, Bank of America raised shares of Weyerhaeuser from a “neutral” rating to a “buy” rating in a research report on Wednesday, January 24th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $37.44.

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Weyerhaeuser Profile

Weyerhaeuser Company is a timber, land and forest products company. As of December 31, 2016, the Company owned or controlled 13.1 million acres of timberlands, primarily in the United States, and manages additional timberlands under long-term licenses in Canada. The Company’s segments include Timberlands; Real Estate, Energy and Natural Resources (Real Estate & ENR), and Wood Products.

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Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

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