Messner & Smith Theme Value Investment Management Ltd. CA lessened its position in shares of Weyerhaeuser Co (NYSE:WY) by 10.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 12,870 shares of the real estate investment trust’s stock after selling 1,580 shares during the quarter. Messner & Smith Theme Value Investment Management Ltd. CA’s holdings in Weyerhaeuser were worth $454,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of WY. Dimensional Fund Advisors LP lifted its position in shares of Weyerhaeuser by 4.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 325,599 shares of the real estate investment trust’s stock valued at $10,906,000 after buying an additional 14,267 shares during the last quarter. Cubist Systematic Strategies LLC lifted its holdings in Weyerhaeuser by 67.1% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 12,109 shares of the real estate investment trust’s stock worth $406,000 after purchasing an additional 4,864 shares in the last quarter. Colony Group LLC lifted its holdings in Weyerhaeuser by 71.5% during the 2nd quarter. Colony Group LLC now owns 13,990 shares of the real estate investment trust’s stock worth $469,000 after purchasing an additional 5,833 shares in the last quarter. WINTON GROUP Ltd purchased a new stake in Weyerhaeuser during the 2nd quarter worth about $640,000. Finally, Advisory Services Network LLC lifted its holdings in Weyerhaeuser by 8.0% during the 2nd quarter. Advisory Services Network LLC now owns 29,867 shares of the real estate investment trust’s stock worth $1,001,000 after purchasing an additional 2,202 shares in the last quarter. 74.69% of the stock is currently owned by hedge funds and other institutional investors.

Weyerhaeuser Co (WY) opened at $33.79 on Monday. The firm has a market capitalization of $25,518.98, a PE ratio of 29.38, a price-to-earnings-growth ratio of 5.04 and a beta of 1.42. The company has a quick ratio of 1.14, a current ratio of 1.47 and a debt-to-equity ratio of 0.70. Weyerhaeuser Co has a one year low of $30.95 and a one year high of $37.89.

Weyerhaeuser (NYSE:WY) last announced its earnings results on Friday, February 2nd. The real estate investment trust reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates 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%. Weyerhaeuser’s revenue was up 14.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.14 earnings per share. equities analysts predict that Weyerhaeuser Co will post 1.34 earnings per share for the current fiscal year.

A number of brokerages recently issued reports on WY. 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. Argus increased their price objective on Weyerhaeuser from $37.00 to $39.00 and gave the stock a “buy” rating in a report on Thursday, November 2nd. Zacks Investment Research cut Weyerhaeuser from a “buy” rating to a “hold” rating and set a $40.00 price objective on the stock. in a report on Saturday, January 6th. Finally, Stephens began coverage on Weyerhaeuser in a report on Tuesday, October 24th. They set an “equal weight” rating and a $35.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $37.44.

In other news, insider Rhonda D. Hunter sold 45,939 shares of the stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $35.72, for a total transaction of $1,640,941.08. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Rhonda D. Hunter sold 23,343 shares of the stock in a transaction dated Friday, November 24th. The shares were sold at an average price of $36.12, for a total value of $843,149.16. Following the transaction, the insider now owns 98,973 shares in the company, valued at $3,574,904.76. The disclosure for this sale can be found here. 1.20% of the stock is owned by corporate insiders.

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Weyerhaeuser Company 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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