Meyer Handelman Co. trimmed its stake in shares of Weyerhaeuser Co (NYSE:WY) by 0.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 161,723 shares of the real estate investment trust’s stock after selling 1,081 shares during the quarter. Meyer Handelman Co.’s holdings in Weyerhaeuser were worth $3,536,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc lifted its position in shares of Weyerhaeuser by 5.7% during the 3rd quarter. Vanguard Group Inc now owns 96,333,445 shares of the real estate investment trust’s stock worth $3,108,681,000 after buying an additional 5,195,461 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Weyerhaeuser by 5.7% during the 3rd quarter. Vanguard Group Inc. now owns 96,333,445 shares of the real estate investment trust’s stock worth $3,108,681,000 after buying an additional 5,195,461 shares during the last quarter. Capital World Investors lifted its position in shares of Weyerhaeuser by 15.1% during the 3rd quarter. Capital World Investors now owns 14,258,395 shares of the real estate investment trust’s stock worth $460,118,000 after buying an additional 1,872,823 shares during the last quarter. Capital International Investors bought a new stake in shares of Weyerhaeuser during the 3rd quarter worth $55,264,000. Finally, Becker Capital Management Inc. lifted its position in shares of Weyerhaeuser by 724.7% during the 4th quarter. Becker Capital Management Inc. now owns 1,558,274 shares of the real estate investment trust’s stock worth $34,064,000 after buying an additional 1,369,326 shares during the last quarter. Hedge funds and other institutional investors own 75.46% of the company’s stock.

Several analysts recently weighed in on the company. ValuEngine upgraded Weyerhaeuser from a “sell” rating to a “hold” rating in a research report on Saturday, February 2nd. Seaport Global Securities assumed coverage on Weyerhaeuser in a research report on Wednesday, January 23rd. They set a “buy” rating and a $30.00 price objective for the company. Raymond James set a $29.00 price objective on Weyerhaeuser and gave the stock a “buy” rating in a research report on Tuesday, January 8th. Bank of America downgraded Weyerhaeuser from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 2nd. Finally, Argus dropped their price objective on Weyerhaeuser from $40.00 to $34.00 and set a “buy” rating for the company in a research report on Tuesday, November 20th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $33.33.

WY traded up $0.16 on Monday, reaching $25.81. The stock had a trading volume of 11,508 shares, compared to its average volume of 4,970,469. Weyerhaeuser Co has a fifty-two week low of $20.52 and a fifty-two week high of $38.39. The company has a quick ratio of 0.63, a current ratio of 0.83 and a debt-to-equity ratio of 0.60. The stock has a market cap of $19.22 billion, a PE ratio of 21.87, a PEG ratio of 5.39 and a beta of 1.64.

Weyerhaeuser (NYSE:WY) last issued its earnings results on Friday, February 1st. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01). Weyerhaeuser had a return on equity of 9.80% and a net margin of 10.01%. The firm had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.71 billion. During the same period in the previous year, the company earned $0.31 EPS. Weyerhaeuser’s revenue for the quarter was down 10.3% on a year-over-year basis. On average, equities research analysts expect that Weyerhaeuser Co will post 0.95 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 22nd. Shareholders of record on Friday, March 1st will be issued a $0.34 dividend. The ex-dividend date of this dividend is Thursday, February 28th. This represents a $1.36 dividend on an annualized basis and a yield of 5.27%. Weyerhaeuser’s payout ratio is presently 115.25%.

In related news, insider Devin W. Stockfish purchased 27,890 shares of the firm’s stock in a transaction dated Tuesday, November 13th. The stock was bought at an average price of $26.93 per share, with a total value of $751,077.70. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Russell S. Hagen sold 8,000 shares of the stock in a transaction dated Friday, February 1st. The shares were sold at an average price of $26.32, for a total value of $210,560.00. The disclosure for this sale can be found here. 0.35% of the stock is owned by corporate insiders.

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Weyerhaeuser Company Profile

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control 12.4 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.

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Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

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