Weyerhaeuser (NYSE:WY) Shares Sold by Dakota Wealth Management

Dakota Wealth Management reduced its holdings in shares of Weyerhaeuser (NYSE:WY) by 9.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,416 shares of the real estate investment trust’s stock after selling 1,465 shares during the quarter. Dakota Wealth Management’s holdings in Weyerhaeuser were worth $378,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Weyerhaeuser by 9.9% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 4,976 shares of the real estate investment trust’s stock worth $140,000 after acquiring an additional 448 shares during the last quarter. Strong Tower Advisory Services raised its stake in Weyerhaeuser by 10.6% in the 4th quarter. Strong Tower Advisory Services now owns 60,185 shares of the real estate investment trust’s stock valued at $1,694,000 after purchasing an additional 5,746 shares during the last quarter. Clarius Group LLC lifted its holdings in Weyerhaeuser by 7.6% in the 4th quarter. Clarius Group LLC now owns 7,636 shares of the real estate investment trust’s stock valued at $215,000 after purchasing an additional 540 shares in the last quarter. Ameritas Advisory Services LLC boosted its stake in shares of Weyerhaeuser by 7.7% during the 4th quarter. Ameritas Advisory Services LLC now owns 7,263 shares of the real estate investment trust’s stock worth $204,000 after purchasing an additional 521 shares during the last quarter. Finally, HB Wealth Management LLC grew its holdings in shares of Weyerhaeuser by 2.4% during the fourth quarter. HB Wealth Management LLC now owns 15,041 shares of the real estate investment trust’s stock worth $423,000 after buying an additional 357 shares in the last quarter. Institutional investors and hedge funds own 82.99% of the company’s stock.

Wall Street Analyst Weigh In

WY has been the topic of several recent analyst reports. Citigroup reduced their price objective on shares of Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, January 15th. Truist Financial decreased their price objective on Weyerhaeuser from $34.00 to $33.00 and set a “hold” rating on the stock in a report on Monday, January 6th. StockNews.com lowered Weyerhaeuser from a “hold” rating to a “sell” rating in a research note on Friday, January 17th. Raymond James upgraded Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 price target for the company in a report on Monday, December 23rd. Finally, Cibc World Mkts upgraded shares of Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 15th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $35.14.

Weyerhaeuser Stock Performance

Shares of WY stock opened at $30.01 on Friday. The company has a current ratio of 2.01, a quick ratio of 1.41 and a debt-to-equity ratio of 0.49. The company has a market cap of $21.81 billion, a PE ratio of 40.56 and a beta of 1.42. The company’s fifty day simple moving average is $29.73 and its 200-day simple moving average is $30.83. Weyerhaeuser has a 52 week low of $26.73 and a 52 week high of $36.27.

Weyerhaeuser (NYSE:WY) last issued its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. Weyerhaeuser had a return on equity of 4.21% and a net margin of 7.43%. The company had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.70 billion. During the same quarter in the previous year, the firm posted $0.33 earnings per share. The firm’s quarterly revenue was down 13.3% on a year-over-year basis. As a group, equities research analysts anticipate that Weyerhaeuser will post 0.49 EPS for the current year.

Weyerhaeuser Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 2.67%. The ex-dividend date was Friday, November 29th. Weyerhaeuser’s dividend payout ratio is presently 108.11%.

About Weyerhaeuser

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control approximately 11 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.