Securian Asset Management Inc boosted its holdings in shares of Weyerhaeuser Co (NYSE:WY) by 12.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 196,634 shares of the real estate investment trust’s stock after purchasing an additional 21,000 shares during the period. Securian Asset Management Inc’s holdings in Weyerhaeuser were worth $5,180,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Penserra Capital Management LLC purchased a new position in Weyerhaeuser in the first quarter valued at $29,000. Zions Bancorporation N.A. purchased a new position in Weyerhaeuser in the first quarter valued at $29,000. NuWave Investment Management LLC purchased a new position in Weyerhaeuser in the second quarter valued at $30,000. Investors Research Corp purchased a new position in Weyerhaeuser in the first quarter valued at $31,000. Finally, NEXT Financial Group Inc increased its holdings in Weyerhaeuser by 197.3% in the second quarter. NEXT Financial Group Inc now owns 1,189 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 789 shares in the last quarter. Institutional investors own 77.47% of the company’s stock.

WY traded up $0.36 on Wednesday, reaching $25.39. The stock had a trading volume of 745,406 shares, compared to its average volume of 3,614,855. Weyerhaeuser Co has a 12-month low of $20.52 and a 12-month high of $35.68. The company has a current ratio of 1.39, a quick ratio of 1.04 and a debt-to-equity ratio of 0.71. The business’s 50-day moving average price is $25.47 and its two-hundred day moving average price is $25.51. The company has a market cap of $18.65 billion, a P/E ratio of 21.51, a price-to-earnings-growth ratio of 8.86 and a beta of 1.71.

Weyerhaeuser (NYSE:WY) last released its quarterly earnings data on Friday, July 26th. The real estate investment trust reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.06. Weyerhaeuser had a net margin of 0.01% and a return on equity of 5.47%. The company had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.73 billion. During the same quarter in the previous year, the company earned $0.44 earnings per share. The firm’s revenue for the quarter was down 20.4% on a year-over-year basis. As a group, analysts predict that Weyerhaeuser Co will post 0.57 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 20th. Stockholders of record on Friday, September 6th will be paid a dividend of $0.34 per share. The ex-dividend date of this dividend is Thursday, September 5th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 5.36%. Weyerhaeuser’s dividend payout ratio is currently 115.25%.

In related news, insider Devin W. Stockfish bought 5,195 shares of the business’s stock in a transaction dated Thursday, June 6th. The stock was acquired at an average price of $23.03 per share, with a total value of $119,640.85. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.43% of the stock is owned by insiders.

About Weyerhaeuser

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control 12.2 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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