Boston Common Asset Management LLC boosted its stake in shares of Weyerhaeuser Co (NYSE:WY) by 255.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 173,986 shares of the real estate investment trust’s stock after acquiring an additional 125,069 shares during the period. Boston Common Asset Management LLC’s holdings in Weyerhaeuser were worth $6,135,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Candriam Luxembourg S.C.A. increased its stake in Weyerhaeuser by 12.2% during the 4th quarter. Candriam Luxembourg S.C.A. now owns 59,814 shares of the real estate investment trust’s stock worth $2,109,000 after acquiring an additional 6,523 shares during the period. NuWave Investment Management LLC acquired a new stake in shares of Weyerhaeuser in the 4th quarter valued at $326,000. Wealthstreet Investment Advisors LLC acquired a new stake in shares of Weyerhaeuser in the 4th quarter valued at $1,281,000. Girard Partners LTD. acquired a new stake in shares of Weyerhaeuser in the 4th quarter valued at $207,000. Finally, Barrett Asset Management LLC boosted its holdings in shares of Weyerhaeuser by 102.2% in the 4th quarter. Barrett Asset Management LLC now owns 3,134 shares of the real estate investment trust’s stock valued at $111,000 after purchasing an additional 1,584 shares in the last quarter. Hedge funds and other institutional investors own 74.79% of the company’s stock.

Shares of Weyerhaeuser Co (WY) opened at $33.79 on Monday. The company has a current ratio of 1.47, a quick ratio of 1.14 and a debt-to-equity ratio of 0.70. Weyerhaeuser Co has a twelve month low of $30.95 and a twelve month high of $37.89. The firm has a market capitalization of $25,510.00, a price-to-earnings ratio of 43.88, a P/E/G ratio of 5.04 and a beta of 1.42.

Weyerhaeuser (NYSE:WY) last released its quarterly earnings data on Friday, February 2nd. The real estate investment trust reported $0.31 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.04). Weyerhaeuser had a net margin of 8.09% and a return on equity of 9.62%. The firm had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.89 billion. During the same period last year, the business earned $0.14 EPS. The company’s revenue was up 14.2% compared to the same quarter last year. research analysts forecast that Weyerhaeuser Co will post 1.34 earnings per share for the current year.

In related news, insider Rhonda D. Hunter sold 45,939 shares of the firm’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $35.72, for a total transaction of $1,640,941.08. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Rhonda D. Hunter sold 23,343 shares of the firm’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 sale, the insider now directly owns 98,973 shares in the company, valued at approximately $3,574,904.76. The disclosure for this sale can be found here. Company insiders own 1.20% of the company’s stock.

A number of brokerages have weighed in on WY. Zacks Investment Research downgraded Weyerhaeuser from a “hold” rating to a “sell” rating in a report on Saturday. Bank of America raised Weyerhaeuser from a “neutral” rating to a “buy” rating in a report on Wednesday, January 24th. TheStreet raised Weyerhaeuser from a “c+” rating to a “b-” rating in a report on Wednesday, November 8th. Stephens began coverage on Weyerhaeuser in a report on Tuesday, October 24th. They issued an “equal weight” rating and a $35.00 target price on the stock. Finally, Argus raised their target price on Weyerhaeuser from $37.00 to $39.00 and gave the company a “buy” rating in a report on Thursday, November 2nd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. Weyerhaeuser presently has a consensus rating of “Hold” and a consensus target price 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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